TheBitcoinManual on Nostr: I'm sure billions of dollars flow through tiktok directly and indirectly and there's ...
I'm sure billions of dollars flow through tiktok directly and indirectly and there's a subset of the users making regular income the problem with recreating it is who is going to pay the capex?
Creators on TikTok aren't driving enough volume where the revenue share TikTok keeps covers all the server costs and hosting costs, Their model only continues on because they a CCP subsidised entity, and still has other business interests driving their revenue like Douyin and Toutiao, and some B2B services which is where most of its revenue
Since they're not publicly listed we can only go on what data they provide
Now you can argue well Meta has the same business, in Reels and Google has it in YouTube shorts, they've been growing formats mostly driven by Tiktok Reposting but both platforms have confirmed that this is a loss leader for them
Now if a company like Meta and Google with monopolies in their niche and a high margin ad business already in play and adding this feature to their ecosystem still saying its a losing medium what hope would their be for a ecosystem like nostr to replicate this?
Creators on TikTok aren't driving enough volume where the revenue share TikTok keeps covers all the server costs and hosting costs, Their model only continues on because they a CCP subsidised entity, and still has other business interests driving their revenue like Douyin and Toutiao, and some B2B services which is where most of its revenue
Since they're not publicly listed we can only go on what data they provide
Now you can argue well Meta has the same business, in Reels and Google has it in YouTube shorts, they've been growing formats mostly driven by Tiktok Reposting but both platforms have confirmed that this is a loss leader for them
Now if a company like Meta and Google with monopolies in their niche and a high margin ad business already in play and adding this feature to their ecosystem still saying its a losing medium what hope would their be for a ecosystem like nostr to replicate this?