RE: Micropayments & Micropaywalls | The Future of Earning Rewards on the Steem Blockchain?
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Yep, I beieve that both of these things are going to be increasingly used for content access, and SMTs can do the same with much more sensitivity than other payment options. Free transactions are perfect for someone to charge an account and then pay micro access of varying prices to say for example, a newspaper's content.
I have talked about this a few times, but the other day it was in regards to the likes of Netflix, HBO and Disney who are trying to compete on content package, when the audience is going to demand much more than the range on offer and pay-per-view or perhaps more precisely, micro-pay-per-view.
I also see the podcasters like Sam Harris jumping aboard the model in time as he is someone who doesn't want adds because of their manipulative nature, wants people to have access and, still wants to earn. SMTs and Steem with free transactions is a brilliant option for a huge range of content delivery hosting.
Thanks for the mention btw :)
100%. I'm even listening to this set-in-the-future sci-fi book on audible that just mentioned what is essentially micropayments for watching x amount of hours worth of a livestream.
I would love it if Netflix, HBO and crew switched to that micro pay-per-view model. I'm paying $10-$15 a month for like 7 different streaming networks lol
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This is why they don't want to. If they do, they would have to compete on individual pieces of content and unfortunately ,most of the package is trash. As I noted in the original article I wrote, it is much like risky debt bundled into A-rated :)