What's the next big thing for SPI?

Hello, SPIer's. This week i have been brainstorming with Ray from Brofund on ideas on how to provide a service/product that would require recurring payments. Think of a subscription HIVE magazine that costs 5 HIVE per month but not a magazine because that's lame. We've brainstormed for a few hours but came up with nothing really to be honest. I mean we came up with some stuff but we're not sure if HIVE has enough users to make them workable.

image.png

To give you an idea of the sorts of things we've stormed, I'll share with you 2. They are the best from a bad batch but we got to get the crap out the way before we find something we can do.

1- Weekly Zumba Classes

image.png

I know what are you thinking? WTF? but hear me out. For this to be successful, we dont need 50-100 people to take part and I honestly think 10-15 people per week could be done. This could be hosted on Discord where up to 25 people can stream at once to follow an instructor. Video streaming would not be a requirement but the max would be 25 and encouraged as it's promoting more engagement and makes for a better experience as everyone that is streaming can interact through voice and body movement.

Why would SPI or BRO be interested in this? Well, money...or HIVE more to the point. Dont think of SPI running a Zumba class, think of it as SPI hiring a Zumba instructor and then selling the class's to people through monthly subscriptions. Our job would be selling.

2- Educational Courses

image.png

Wanna learn basic things like how to create a HIVE tribe from scratch? How you optimise and present your HIVE content for google SEO, learn how you curate or even basic video editing skills. Those are the first 3 things that pop into my mind as examples. We could offer courses that would run weekly for 6-12 weeks based on what is being taught. These would be watching an instructors screen while they explain what they are doing and why they are doing it. The instructors could pause the demo to answer any questions students may have. Pricing would be the more people involved, the cheaper it would be per person.

For SPI, the same thing again. We hire someone and sell the courses.

There are many things that could be set up for recurring payments but what services/products could we offer the users on HIVE that they would what or use week in week out? Other examples of things that could be offered and targeted toward communities would be...

  • Cooking Classes
  • Book club
  • Lottery
  • Saving/investment club
  • Are, anything we can hire an instructor for pretty much

image.png

I dont think users would set up recurring payments for any sort of information like weekly newspaper, crypto tips, etc. It has to be something that is interactive and unique that can become a part of the users routine be it for however long that is. We know that we can get information online for free but they would be paying for the interaction and being able to speak and ask questions live is not.

What do you think are what would you pay a weekly/monthly recurring toward? We know there is something we could do or offer but what that thing is, I dont know yet. If you have any idea's please do share as they could be genius. Does not have to be complex, infact, it's better if it is simple as simple is best.

Thanks for taking the time to read through this post today, i hope you can leave a comment with some feedback or an idea.

If you enjoyed this post and dont slap the upvote button, i will delete your Splinterlands account.

Posted Using LeoFinance Beta



0
0
0.000
12 comments
avatar

The lottery and Saving / investment club can work well, Zumba don't count on me.

0
0
0.000
avatar

Lotto's are hard, saving could be an idea

0
0
0.000
avatar

Good that you are still in development mode! Hiering a lifcourse teacher is an interesting idea. I don’t know how big our audience is and what kind of interests (beside crypto) they share. Maybe we should do a poll about that…

0
0
0.000
avatar

yeah, audience is a problem. I've not checked in a while but i dont think the user numbers have been increasing that much for blogging platforms.

0
0
0.000
avatar

Hmm, interesting. I guess the competitor would be Skillshare - currently asking the equivalent of £13 a month (£84pa) for unlimited classes (free seven day trial).
I think there are huge opportunities for building clubs/courses with a subscription model, but it would take time and is definitely not as easy as creating a new asset-backed token and flogging it.
I've been trying a smaller thing with niche communities with a weekly post - Saturday Savers Club (about a dozen regulars) and Wednesday Wellbeing Club (half a dozen) and we recently ran a Live Chat in the NeedleworkMonday community (4 participants, several others expressed interest).
There're other considerations as well:

  • training/courses are a hugely competitive area, always have been, and lots of things are available free on YouTube (my main source).
  • courses require research and preparation. Adult education pays 30 mins prep time for every hour of teaching, with rates between £15-£25 per hour. On the other hand, there is loads of time-consuming admin in the offline world, which isn't properly costed into the hourly rate! Although video presentations could be shown over and over, there is a substantial set up cost for the tutor.
  • loads of things that could go wrong, like access to streamed events which then take up lots of time sorting out. I just booked a live-streamed event at the Globe Theatre - the help team were inundated with people that couldn't access the performance.

That's not to say don't do it: there are nice models like University of the Third Age which is a more collaborative model of learning; there's huge potential for clubs and communities. I really enjoyed the @spinvest investment videos - a club based around something like that, short and sweet, no more than an hour, a bit of a presentation, Q&A, that would be fun. I wouldn't want to pay for it all year, though.
Another idea for subscriptions might be automated savings - similar to apps like Chip, Emma etc. In the Saturday Savers Clubs we have folks who are regularly putting aside funds for different purchases including CubLife and EDS. Chip offers rounding up - the digital equivalent to putting your loose change in a jar - plus interest on the savings. Maybe a similar model taking very small amounts but offering a return that can either be transferred to the investing account or compounded in the savings account?

0
0
0.000
avatar

Thinking outloud here . . .

A service which I desperately need and others desperately need even though they might not be aware of it is a user friendly interface that allows us to download data, in csv format, from the blockchain in order to do our accounts.

There are plenty of services that can work out how much tax is due etc. but getting the data in the first place is practically impossible for most of us.

And yet, occasionally, when I have asked a question about such things someone has kindly downloaded the data for me, so it's there if you know how to access it.

Not sure how you'd set it up as a monthly service though.

Not sure if I'd want to learn how to do it myself either and I'm pretty sure most people wouldn't want to.

Hive is so complicated with all the second layer tokens, curation/author rewards, delegations etc. etc.

Being able to download data without having to be a coder would be a godsend.

Posted Using LeoFinance Beta

0
0
0.000
avatar

I mentioned this very thing on another post. I like tracking my stuff, and I know all the information is there and pretty simple for the people in the know how to get it, but for people like us, yeah a simple thing type our name in, enter the token, get the info to put in our spreadsheets. I would love something simple like that.

0
0
0.000
avatar

I assume it takes a lot of coding or someone would already have done it. But, as more people realise they need the data for their tax records such a service should get more and more popular.

Posted Using LeoFinance Beta

0
0
0.000
avatar

That's something i've never thought of but makes perfect sense to have. Maybe a little higher my head but seems like a good proposal idea.

0
0
0.000
avatar

One of the problems with re-curring payments I myself am running into is liquidity in my Hive wallet. Pretty much the only liquid stuff I get seems to be from my drip tokens, ie:Dhedge, ArchonM, Index, and HBI that I could convert to Hive but have been trying to build a stock pile in my savings account, (it does after all get 10% interest there).

Now as far as investment and next step, maybe talk to @lordnigel see how SPINvest could help build his game, and get it to market, and distribute it. It would be an investment, a return would be expected of course. Him and his team have been working the concept for a few years, small production, but I honestly like how the game is progressing and am looking forward to its completion.

0
0
0.000