Juwain on Nostr: To me the concept is valuable even if it doesn't bring instantaneous profit. ...
To me the concept is valuable even if it doesn't bring instantaneous profit.
(ChatGPT) In the context of Nostr, the acronym V4V stands for “Value for Value.”
This concept is based on the idea that content creators can be paid directly by their audience, without intermediaries, based on the perceived value of their work. It aligns with a decentralized approach, often linked to Bitcoin micropayments (via the Lightning Network), enabling instant and low-cost transactions.
V4V on Nostr: How Does It Work?
• Using Bitcoin and the Lightning Network: Users can send “sats” (fractions of Bitcoin) directly to creators as a reward for their content.
• Integration with apps like Zaps: On Nostr clients like Damus, Amethyst, or Snort, users can send “Zaps” (Lightning payments) as a form of encouragement.
• No intermediaries: Unlike traditional monetization models (YouTube, Patreon, Substack), V4V enables a direct relationship between creators and consumers.
The V4V model is part of a broader philosophy of digital sovereignty and alternative funding, where the community spontaneously rewards what it values, without ads or mandatory subscriptions.
(ChatGPT) In the context of Nostr, the acronym V4V stands for “Value for Value.”
This concept is based on the idea that content creators can be paid directly by their audience, without intermediaries, based on the perceived value of their work. It aligns with a decentralized approach, often linked to Bitcoin micropayments (via the Lightning Network), enabling instant and low-cost transactions.
V4V on Nostr: How Does It Work?
• Using Bitcoin and the Lightning Network: Users can send “sats” (fractions of Bitcoin) directly to creators as a reward for their content.
• Integration with apps like Zaps: On Nostr clients like Damus, Amethyst, or Snort, users can send “Zaps” (Lightning payments) as a form of encouragement.
• No intermediaries: Unlike traditional monetization models (YouTube, Patreon, Substack), V4V enables a direct relationship between creators and consumers.
The V4V model is part of a broader philosophy of digital sovereignty and alternative funding, where the community spontaneously rewards what it values, without ads or mandatory subscriptions.