861 karma · joined April 11, 2016
> In fact, we pledge to distribute to tippers $200 million out of every $1 billion we collect.
What? Donating 20% of profits is great, but this sounds very weird. Is the only thing that drives this revenue donations? In which case, why do we need a rent seeking intermediary? Nostr has bitcoin tips built in, and you don't have to pay anyone to send money to whomever you want.
Here are a few things built on nostr, with specific use cases:
primal.net is a twitter-like client with bitcoin micropayments and long-form articles (also see coracle.social, nosotros.app, jumble.social, Amethyst, Damus, yakihonne.com and many others); zap.stream is a twitch-like client for live streaming; flotilla.social and chachi.chat are group chat clients; dtan.xyz is a client for torrenting on nostr; satlantis.io is sort of a travel ratings thing; zap.cooking is a recipe website; yakbak.app is for voice messages; nutstash.app is a cashu wallet built on nostr; cashumints.space lists cashu mints that advertise themselves on nostr.
What's neat is that all these clients can do things the way they want to, but remain interoperable, which means that new developers can create an app and immediately have access to all existing nostr users and their social graph.
The effect is that users have "credible exit" (among other things), which has been discussed for years. This doesn't really create any new "use cases", which is why the use case is often described as "whatever, it's the new internet".
What it does do is introduce a very different set of trade-offs which favor user control over platform control (with the attendant UX trade-offs (or at least a different set of UX idioms)).
The reason the focus is on social is because that represents the majority of applications that do exist, the original motivation for building the protocol, and a value proposition (censorship resistance) that lots of people can relate to.
That should shed more light on my problem, which is not just due to proxies, but is also a result of props being getters under the hood.
Social media has certain benefits that your own website doesn't. Public key cryptography, self-hosted servers, and an open protocol make it possible for your followers to actually follow you, regardless of what app they use to access the protocol. This is what we're building on nostr (in contrast to bluesky and farcaster, which are nearly as closed as the legacy solutions). It's not always pretty, but it works better for sovereign social media than anything else.