Based on everything we’re seeing in crypto, even if you look at Mozilla, open source will eat software in the same way that software is eating everything.
The platform rewards participation
through their own $MINDS token, and has added liquidity pooling rewards on Uniswap where you can unlock ‘ad mining
’ (reported by Decrypt) and get your channel (this is mine
) advertised within the platform. You can also spend $MINDS tokens to directly purchase advertising impressions (Minds Boost
) on other channels without a middle man taking a cut.
Minds have a subscription service for creators called Minds Pro
where you can offer paid content to your followers (and receive tips from them) in the $MINDS token and other cryptocurrencies as well as USD (Minds Pay
). This is somewhat similar to the forthcoming Super Follows by Twitter
which will only be charging followers in fiat using Stripe.
And they also have a subscription service for users called Minds Plus
, similar to Medium, where a $5/m payment is shared with the creators who submit the most popular content.