What is Nostr?
nos.social / nos
npub1pu3…tfch
2024-06-18 14:25:40
in reply to nevent1q…qax0

nos.social on Nostr: Thanks for asking these questions! The Residency and Accelerator programs are ...

Thanks for asking these questions! The Residency and Accelerator programs are designed to allow Creators and Journalists to experiment with micropayments via Zaps. When we onboard Creators and Journalists we offer them the opportunity to also set up a wallet via Primal so they can receive Zaps (and send them!). Those that are not in NY state have taken us up on the offer if they do not already have a wallet set up.

Based on what we’re seeing anecdotally - the minimum Zap amount is likely too low. 42 Sats is $0.007 in USD. It might be good to bump it to $0.10 or $0.25.

Listening to some creators (many of whom are not in the Residency program) they observe that Nostr users are more likely to zap for “hot takes” or “memes” rather than original content. Today Zaps are treated a lot like a “like” in the UI and this might be one of the challenges. Are we asking people to Zap at the right point in time or is there a different point in time when it makes more sense to ask someone to Zap?

The middle ground appears to be well curated feeds where people are sharing content from elsewhere with some commentary on why they are sharing. In these instances it is the curator who is receiving the Zaps rather than the original Creator.

We would be curious to hear from folks about their thoughts on any of the above including corndalorian (npub1lrn…qnw5) ‘’ ’s question about alternative micropayment options. Predicting future behavior is always a challenge, but if someone is not zapping bc of lack of access to Bitcoin for example, that’s helpful information to have.
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