A brand new Bitcoin Lightning app presents an fascinating tackle the ‘paywall for written content’ idea the place customers crowdfund ‘scratching off’ one letter at a time.
Scratch That Itch
Bangkok-based French developer, Guillaume Verbal, unleashed an fascinating tackle the ‘paywall for written content’ idea this week: a Bitcoin Lightning app the place customers crowdfund the reveal of a submit by ‘scratching off’ one letter at a time.
Lightning Scratchcard brings a genuinely modern twist to the ‘content-paywall’ style, offering a model new solution to earn some satoshis. The content material creator publishes a written piece on the web site, and units a funding objective for it. This funding objective is then divide by the variety of characters within the article, giving a per-letter worth, which will be as little as 1 satoshi.
At the moment I’m tremendous excited to lastly launch my first
Lightning
APP: https://t.co/4GxL9NjZib
Lightning Scratchard is a group platform that will get content material writers paid in bitcoin.
Patreon killer app! (in my goals) Attempt it your self— Guillaume Verbal (@doweig) March 21, 2019
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Could be readers then make lightning funds to ‘scratch off’ a number of letters for everyone to see. The content material is totally revealed as soon as the funding objective is reached, and funds go to the author as letters are scratched. Patrons can select to have their title and variety of letters paid for displayed on the web page.
Oh, and the primary letter comes pre-revealed as a teaser.
Fairly Content material
As a model new app, there may be clearly a somewhat restricted quantity of content material at current. Nevertheless, that is already gaining curiosity quickly, significantly a submit that includes brief jokes for a fast payoff.
Some creators have already uploaded items of inventive writing, together with a bunch of Bitcoin-related content material, together with Satoshi Nakamoto’s whitepaper.
There are additionally just a few non-public keys and seed phrases for wallets containing token quantities of bitcoin. That is an fascinating use of the medium, and suggests a possible future ‘improvement’, whereby customers can select which character they want to scratch.
This may be of restricted curiosity for written articles, however for items with potential prizes, might enormously enhance the inducement.
Meet and Eat
LightningScratchcard is Verbal’s first Lightning app, and his second submission in a yr lengthy project known as Bitcoin1212. The project is an experiment, whereby he plans to launch 12 Bitcoin startups in 12 months.
The primary startup, which ought to enchantment to many Bitcoin aficionados, is the Bitcoin Meat Membership. The membership, for internet hosting carnivore dinners accepting cost solely in bitcoin, is a nod to the meat-only food regimen development, standard within the Bitcoin group. The reasoning, as said on the web site:
Meat is sweet for you
It is going to be fascinating to see what else Verbal unveils over the subsequent ten months.
Can such a service turn out to be standard for on-line content material monetization? Share your ideas beneath!
Pictures courtesy of Shutterstock, Lightningscratchcard.io
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