Are you raising funding to pay people up front?
Re:Medium.com Competitor
by sebastianprada on Sunday November 27, 2022 @11:03PM
(#33769705)
That would be the plan, yes. In the beginning we would focus on using funding to compensate the writers until we start to gain network effects in which then we should be receiving ad money which would be shared with the writers.
Youtube pays their creators well, although I know that video is more engaging than text. Nevertheless, giving writers the chance to make good money on a platform will make them post quality content, and would make them continue to post quality content so that they get compensated. I'm a medium writer, and I don't get paid nearly enough what I should for the amount of work I put into my articles.
Medium doesn't have a great recommendation system. Tiktok does. The beauty of the tiktok algorithm is that it gives users what they want without them having to go through the trouble of finding what they want. On medium, you have to go to the topic and then from there see what you can find. On my platform, there will be a "For You" page that makes the content go to you.