underline960@sh.itjust.works 5 days ago
I remember someone tried to monetize Mastodon feeds like Substacks or something.
It didn’t last long.
I can’t imagine any way to monetize content other than individual Patreons or collective subscriptions (like Nebula, Curiosity Stream and whatever Linus Tech Tips thing is called).
ozoned@piefed.social 5 days ago
Definitely a difficult task. Thinking more of a service fee for storage space or faster transcoding maybe. IDK we're still figuring it out. Also checking with an accountant about maybe being able to do a revenue share or something for content creators. All very much a work in progress though.
underline960@sh.itjust.works 5 days ago
Where’s the revenue coming from? The content creators paying to store their own videos?
ozoned@piefed.social 5 days ago
It's just an idea at the moment. I don't know if it's feasbile, practical, or even allowed legally. Hence why I have to talk to my accountant.
But my idea is to generate income either through donations, funding drives, sponsors in the banner, etc. Or to do like a service where you can upload X amount of videos for $/month.
Then once we've hit break even, assuming we do (yes I know this is a difficult task atm), to share the additional revenue with content creators.
underline960@sh.itjust.works 5 days ago
Shouldn’t you have talked to them before starting the non-profit?
I do not claim to have any expertise (and defo not an accountant), but that sounds backwards to me.