Derek Ross on Nostr: prism allows creators to use their reach and numbers to reward their followers in a ...
prism (npub1arc…ggtw) allows creators to use their reach and numbers to reward their followers in a value for value economic model.
For this exmaple, let's use me. 👀
Let's say that I wanted to reward the people that followed me and also shared a note of mine. I would add the $boost tag to my note. Prism picks it up, and tracks who shared the note. Now let's say that my original note was Zapped 100,000 sats. I could then in turn Zap the Prism created note all 100,000 sats, to reward users for boosting my note. That's wild.
This opens up a completely new advertising model for Zaps. The implications and use cases here are going to get really interesting.
Now back to my example. Let's say a new company with very few followers asks me talk about a product or announcement of theirs, because I have a larger reach. Maybe they do some Zapvertising? Or maybe Mutiny Wallet (npub1mut…23vg) and I work out a deal where they Zap me 50K sats to post their announcement and talk about their announcement and I send 25K sats to everyone that boosts my announcement note.
This allows those on Nostr without large audiences to participate in essentially what is ad revenue sharing via Zapvertising. 🤯
On Twitter, if you follow some influencer and share their Tweets, you don't get paid for it, but they do! That model is broken, because it takes advantage of people's followers and the person at the top reaps all of the benefits. It leaves a bad taste in your mouth too. 😡
Boosts in this capacity are really cool as they allow for all to participate since we're all building Nostr together. It's more democratic and inclusive. I really like it. 🔥
For this exmaple, let's use me. 👀
Let's say that I wanted to reward the people that followed me and also shared a note of mine. I would add the $boost tag to my note. Prism picks it up, and tracks who shared the note. Now let's say that my original note was Zapped 100,000 sats. I could then in turn Zap the Prism created note all 100,000 sats, to reward users for boosting my note. That's wild.
This opens up a completely new advertising model for Zaps. The implications and use cases here are going to get really interesting.
Now back to my example. Let's say a new company with very few followers asks me talk about a product or announcement of theirs, because I have a larger reach. Maybe they do some Zapvertising? Or maybe Mutiny Wallet (npub1mut…23vg) and I work out a deal where they Zap me 50K sats to post their announcement and talk about their announcement and I send 25K sats to everyone that boosts my announcement note.
This allows those on Nostr without large audiences to participate in essentially what is ad revenue sharing via Zapvertising. 🤯
On Twitter, if you follow some influencer and share their Tweets, you don't get paid for it, but they do! That model is broken, because it takes advantage of people's followers and the person at the top reaps all of the benefits. It leaves a bad taste in your mouth too. 😡
Boosts in this capacity are really cool as they allow for all to participate since we're all building Nostr together. It's more democratic and inclusive. I really like it. 🔥