*TL;DR: Subsocial is evolving to a SocialFi model focused on monetization and is considering increasing fees to balance monetization with content value.*  
  
A few years ago, we designed Subsocial as a platform for building social applications that is very cheap to use, but times are changing and we are moving towards SocialFi and monetization, where everyone can earn 2-3 SUBs per comment, and **even 1000+** SUBs for good content. Moreover, for **1 SUB** you can write **50 comments**, and using energy - even 100!

People can write a large number of random generated posts, hoping that some will be liked and they can earn 1+ SUB per post or comment

Our goal is to offer not only ways to monetize but also quality valuable content and good discussion under each post, so we are thinking about the idea of increasing the base fees for specific actions that carry social value: posts, comments, spaces.

An average social network user makes 30-50 actions a month (not counting likes)

**Imagine creating a post or a comment costs 1 SUB**, 30 posts - 30 SUB, each post is a whole part of the network, which brings it value!

**It still remains cheap**, a typical user needs to spend $0.15-0.25 a month on fees, but this can be a simple yet effective protection against low value content!

However, our energy system allows for cheapening the use in the future if the community will consider the transaction cost high and it can also just be lowered again with a runtime upgrade too!

This innovation will give an impetus to the new stage of Subsocial SocialFi in searching for a balance!   
  
What do you think about this matter? 

TL;DR: Subsocial is evolving to a SocialFi model focused on monetization and is considering increasing fees to balance monetization with content value.

A few years ago, we designed Subsocial as a platform for building social applications that is very cheap to use, but times are changing and we...

🤔 What if 1 SUB = 1 Post?

This network gives many options to encourage participation. With ingenuity, any user can propose contests or debates and encourage participation. Monetization is a great feature of PV to be able to reward the user. Subsocial is revolutionary. Congratulations team.

Good use case!

The giveaway is a great opportunity for authors to increase engagement on their posts, which will allow them to get more rewards! 

Win to win 🔥️️️️️️

Good use case!

The giveaway is a great opportunity for authors to increase engagement on their posts, which will allow them to get more rewards!

Win to win 🔥️️️️️️

Forklore Aphrodite

Spices and sights fuel my soul. From bustling markets to hidden cafes, I savor local flavors and breathtaking views, collecting stories like postcards. Wanderlust and taste buds guide me, transforming every journey into a delicious adventure. 🍴🚢💇‍♀️🍽✈

Web3 ownership of your content is a win win for all

Subsocial Dev Kitchen

The space is your go-to source for the latest recipes in Subsocial development. Here I serves up hearty portions of insights, infografics, ideas and dreams for cooking up innovative web3 social projects in the blockchain space

Go for it. You gotta spend money to make money 💰 That's why it's such a thrill to battle for a chance to win 1,000 SUB (enough for 1,000 posts) https://polkaverse.com/12787/giveaway-1-000-sub-64135

Green Chiles

Coinstacker

Evils Eye

gSan71

🔥 Web3 supporter | Polkadot lover | Peaq ambassador

Oleh Mell

Head of Product at Subsocial

My social links:
Telegram
Github

Yung Beef 4.2

Content Lead at Subsocial, ChaosDAO Co-Founder

bafybeiaqssjr7t3gt343b26im52wzzbmxcm2yay6eznej2whoglfzcg4nu

bafyreihdldoxd54hrxustmrdoffneytgyrzvwcwkw7k5tjssfgbbbwbnee

bafybeiedpimzvvjf6ew7ezmfywex2ahqkcnw475kzw27q5mzvsdeobk5c4

bafybeigw6psytwimdv3n6zlhzmn5v7jxt7mb4gcimj7bmpn5v43sqxccpq

bafyreifpqrx6dxhgsohcwapksgtnsxf7vdj3p7txa7c62xcm7zypolvce4

bafybeibkhicey24pjbwmrfo4g4rxipsz5htk4x5i2xrww3eaa7qtuvfe5e

bafybeicmwk6tuy4ixvvgctukrud7gmqdosolvhpgznloarry2pbwaqivia

bafyreig4m5q6ifce3eyoodb5mw565odfcnvaw7xywreknuv7x5dg5rznsq

bafybeidybsuuqeuzcte2fylo55zuhojiz2hctxeng6i4ghtu4jelbmy3xy

bafybeihk6hnn3tdfbvdvnrjhep6jfcywhpdkovbs626gcxxl5llyq3jjhe

bafybeib2nubdopmv54z37czzdbpwfhdyq2bagl45hba7iu7muxitpnpnva

bafyreigkmrew2e2cbr2wyi7wcsyxxe264s77mckdpo3zscdklifjcv6kcq

bafybeid3cy7liyl2ge3tvhxtku6zhq55ls74fbom3omhuhblkdween7fyy

bafyreihvgnj7ik7aoaclarzzct7muvdwm5h6q7ls5ppgwbdbbcghawx2cy

3 comments