The importance of online communities and attempts to monetize them
AI summary of the linked articleThe author, writing a personal story after winning a prize for the second time in a Kiwi News writing challenge, argues that online communities like Kiwi News add substantial value by amplifying modest voices and filtering out low-quality content, and that finding a viable way to monetize this value remains an open question. The piece says paywalls and sign-up forms reduce reach, ads yield inconsistent results, and Kiwi News, described as an NFT-gated platform, relies on an initial user cost that may not sustain long-term growth. It considers revenue-sharing and tokenized rewards but warns that tokens invite exploitation and sell pressure, and it suggests founders and investors could fund contests to reward high-quality submissions. The piece also notes that community size affects how well members agree on what quality means, and it ends with cautious optimism. |
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