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RE: Name YOUR decentralized social network?

in #cryptocurrencies7 years ago (edited)

If you have time, you may want to re-read my analysis of Medium’s subscriptions (i.e. bundles) business model, because I have added numerous links and points. There’s more on my recent responses feed at Medium.

I wrote in response to Ev Williams CEO of Medium and co-founder of Twitter:

If instead everyone was profiting meritoriously then they would all have incentive to promote. But the subscriptions (i.e. bundles) model means the vast majority earn a pittance, so it really isn’t worth for them to put any extra effort into promotion. Thus especially if there’s a competitor which they would rather link for their blogs, the authors actually become parasites on the Medium traffic, and not investors in Medium. The Medium model is broken in so many ways.

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