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Re:Brave expands Basic Attention Token platform to YouTube by guiomie on Friday November 17, 2017 @10:33AM (#15722732)
"It then displays it in the Brave Payments list, enabling the user to donate back on a monthly" ... So this will block ads on Youtube, and the creators will be compensated on donations? Does someone have a case-study on content/Youtube creators potentially making a living of donations? This seems like a bad business model: make creative videos and expect people to donate so you can feed yourself.
Re:Brave expands Basic Attention Token platform to YouTube by 013a on Friday November 17, 2017 @11:16AM (#15723255)
Creator produces content. I pay creator for content. Did you just suggest that the most traditional, direct business model ever created, value for value, is a "bad" one?

There are really only a couple problems: consumers have become accustomed to freeloading, and that there's no system in place to enable micropayments for content. Once we figure out a way to enable paying, let's say, $0.01 to watch a video or read a news article, the web will fundamentally change in a positive way.

Re:Brave expands Basic Attention Token platform to YouTube by tree_of_item on Friday November 17, 2017 @03:33PM (#15725743)
> Creator produces content. I pay creator for content. Did you just suggest that the most traditional, direct business model ever created, value for value, is a "bad" one?

It isn't "value for value", it's a donation. The most traditional, direct business model ever created involves you not having the content until you pay.

Re:Brave expands Basic Attention Token platform to YouTube by balakk on Saturday November 18, 2017 @06:49AM (#15728663)
More precisely, a donation is voluntary, whereas in the direct business model payment is mandatory. Before or after, is just a contractual thing :)
Re:Brave expands Basic Attention Token platform to YouTube by harryh on Friday November 17, 2017 @11:25AM (#15723353)
Someone needs to re-read the penny gap.

People HATE being nickel and dimed. Exactly zero people want to have to think to themselves "is this news article worth 5 cents?" every time they load a web page.

Re:Brave expands Basic Attention Token platform to YouTube by joshuamorton on Friday November 17, 2017 @11:45AM (#15723549)
Right, which is why patreon works, and 10c per pageview doesn't.
Re:Brave expands Basic Attention Token platform to YouTube by haltingthoughts on Friday November 17, 2017 @11:59AM (#15723696)
But do they hate it less than ads?

If you pay for mobile service per GB then you already have this problem.

Re:Brave expands Basic Attention Token platform to YouTube by rdiddly on Friday November 17, 2017 @12:10PM (#15723814)
"Value for value" is fine; but the value of watching a video or reading an article is usually about zero to me, something I could easily do without, something that might even carry a negative value since it takes up my time. In fact, since it usually benefits the maker to have more viewers, maybe they should try paying me to watch.

"Consumers" (a problematic term) need a refrigerator to keep food cold, figuratively speaking. They don't need "content." If money is what people care about, they should get into the refrigerator business. (In China, since that's where it is now.)

The web isn't a money machine. If everybody who wanted to get paid for it, got the hell off it or was starved off it, that also would lead to the positive fundamental change of which you speak. Just sayin'.

Re:Brave expands Basic Attention Token platform to YouTube by Raphmedia on Friday November 17, 2017 @10:40AM (#15722815)
> Does someone have a case-study on content/Youtube creators potentially making a living of donations?

https://www.patreon.com/Kurzgesagt - 9,890 patrons - $36,214 per months in donations.

https://www.patreon.com/cgpgrey - 7,719 patrons - $19,439 per video in donations.

Edit: And there's https://www.patreon.com/DeFranco at 14,268 patrons. His revenue is hidden but that's at least around 60k/month if not more.

Re:Brave expands Basic Attention Token platform to YouTube by bpicolo on Friday November 17, 2017 @10:56AM (#15723002)
These are (currently) just the really exceptional cases though. Youtube is building far more monetary value on the whole through ads.
Re:Brave expands Basic Attention Token platform to YouTube by jerf on Friday November 17, 2017 @11:52AM (#15723622)
Here's a more complete view: https://graphtreon.com/

Median income in the US is ~$42,000/yr last I knew. Call it $4K to make up a bit for benefits and such. There isn't a hard-and-fast way to count because some people hide their total, but there are clearly plural hundreds of people above that line in the top 1000 [1]. There's several more hundred people making poverty-line in most of the US (which as a relative measure, I can't do a precise cut off), and before one starts moralizing about how horrible that is, remember that they are not necessarily doing this as their only job. What may not be enough to live on can still be a very very nicely paying hobby.

You are certainly correct that overall, more money flows through YouTube. I am much less convinced that that's a good thing in general, though. The incentives on YouTube fluctuate a lot, but in general tend to support quantity over quality. In fact as I think about it, I wonder if Patreon is helping prop up YouTube a bit by helping the quality producers resist that; if YouTube banned alternate monetization and tried to survive just on their own quantity-over-quality metrics I wouldn't be surprised they would eventually experience an eat-your-own-seed-corn collapse. I've listened to the YouTube videos of a couple of the people chasing the quantity-over-quality treadmill that YouTube ends up putting them on to stay on top, and it's not a life I'd want or wish on anyone.

[1]: https://graphtreon.com/patreon-creators

Re:Brave expands Basic Attention Token platform to YouTube by bpicolo on Friday November 17, 2017 @12:36PM (#15724059)
Many of them are businesses >> 1 person, and they're not all video. There's no doubt some successful video creators on patreon, but it's still a pretty small number.

Plenty of the video-based ones are in erotic media, too. It's definitely a new and interesting income medium for that genre.

Re:Brave expands Basic Attention Token platform to YouTube by learc83 on Friday November 17, 2017 @11:01AM (#15723046)
AvE has just shy of 12k patrons. https://www.patreon.com/AvE

He doesn't list a dollar amount but my guess is that it's at least $20k a month.

Re:Brave expands Basic Attention Token platform to YouTube by guiomie on Friday November 17, 2017 @10:55AM (#15722984)
Patreon is really cool. Thanks for sharing.
Re:Brave expands Basic Attention Token platform to YouTube by bluetwo on Friday November 17, 2017 @01:00PM (#15724300)
All these people seem to make YouTube videos, so it looks like they are just cutting out the middleman (Patreon).
Re:Brave expands Basic Attention Token platform to YouTube by pault on Friday November 17, 2017 @10:41AM (#15722820)
Jordan Peterson was making $60,000/mo (before he hid the donation totals) on Patreon [0]. Obviously it's a steep curve at the top but the big youtubers make good money with that model.

https://en.wikipedia.org/wiki/Jordan_Peterson#Other_projects

Re:Brave expands Basic Attention Token platform to YouTube by sp332 on Friday November 17, 2017 @10:48AM (#15722907)
This is not super wide-spread but it's more popular than you think. In addition to a bunch of Patreon-backed people, there's the Erfworld webcomic getting almost $2k per full-page update https://login.erfworld.com/toolshed and Sluggy Freelance with 442 subscribers https://login.sluggy.com/defenders
Re:Brave expands Basic Attention Token platform to YouTube by natural219 on Friday November 17, 2017 @12:36PM (#15724065)
These business models (Patreon, Twitch subscriptions) have been robustly tested over the last 5 - 10 years, and many people make a living off of it. Are you unaware about these sites and how much money they make? The top Twitch streamers have around 15k subscribers, each at $5 / month, about half of which goes directly to the creator. Do the math and consider switching your career, haha.
Re:Brave expands Basic Attention Token platform to YouTube by garrettjoecox on Friday November 17, 2017 @10:43AM (#15722842)
Have you seen the industry of livestreaming? That's basically it. I'm not saying it's a good business model but people are making a ridiculous amount of money from it.