Re:YouTube and Facebook Are Losing Creators to Blockchain-Po...
by pjc50 on Tuesday April 10, 2018 @07:19AM
(#16800499)
Systems that promise to pay for content production create a massive, direct incentive to game the system and spam it.
[ Parent
| on HN ]
Re:YouTube and Facebook Are Losing Creators to Blockchain-Po...
by BadassFractal on Tuesday April 10, 2018 @07:46AM
(#16800609)
Yep. Don't get me wrong, I really want these guys to win, but the current system is just not good enough. I don't know how exactly they'll go around solving that problem though.
Re:YouTube and Facebook Are Losing Creators to Blockchain-Po...
by ghaff on Tuesday April 10, 2018 @09:10AM
(#16801050)
There are well-established systems to pay for content. The problem is that they're very manual, take a big cut, and are relatively selective. They go by names like publishers, labels, studios, and so forth. They actually work for some definitions of work but you have to be OK with relatively high barriers to entry and with a clearly-defined gatekeeper role.