What do you think about the fact that DTube is taking a 25% cut of the post earnings? At first, they promised to reduce this percentage over time - now, that promise is nowhere to be seen.
I hope that DTube's upload and playback issues can be solved - but even if they do, 25% is far too high. TBH any more than 5% cut is too much to me.
If I remember correct they said they will charge 25% for a few month for developement and then stop taking fees because they dont want to make a business out of it.
I think this is the wrong approach, it's best to take a small percentage ( under 5% ) indefinetely
Agreed @heymattsokol. I use Amazon AWS to dish out all my commercial videos to my paying clients. While I am not a big client of theirs by ANY stretch, I do have quite a few clients watching quite a few of my videos each month. My highest fee to Amazon for one month was $0.23!!! So for DTube to be taking 25%, that is a bit heavy-handed, even in these hard development months. There are other ways to raise money.
As for YouTube, @exyle I am a YT partner and have been one for many years. If I was to put up a video with 3rd party content in it YouTube would instantly shut off any revenue to my other 400 videos. I feel like I am walking on egg shells always with YT. I would love for dTube to become more reliable and incorporate some key features offered by YT. When dTube was first introduced I was VERY new to Steemit. I tried dTube for a few days, but abandoned it because of the errors and poor performance. I will go back and revisit.
Thanks for your insight. I always enjoy reading.
Cheers,
Bucky
Ya it's a real big fee in my mind. Agree completely with you. Too bad about the YouTube stuff, it's getting worse and worse these days.
I don't mind earning a little less to support the development of a video platform that can raise the value of the Steem blockchain. In the future, I can see them using an SMT for their service.
I share in this feeling @exyle on both of these points. I do think that funding an early stage project by charging users is not a sound plan. There are other options. For example, the developers couple approach a small number of whales and offer them an opportunity to invest steem for a long term percentage of the project. If I was a whale I would see the value in that investment. The developers would need to show the whale investors that they have a sound plan and good team, which would be a good exercise for their project anyway.
My suggestion would be to build a basic but solid business plan, approach some wealthy whales about seed 'venture capital' funding, offer them a decent percentage of the project for their funding, and offer the service to users for a very low initial fee (not 0%). This will do 3 things as I see it: 1. It will give them the funds to build the project, 2. Hold the developers accountable to create a solid business/service, 3. Attract a user base that give the developers the marketshare and the feedback to design the best service they can.
Once the devlopement is done the developers can charge a fee that will be in line with the return on investment of the whales and acceptable to longterm users. Perhaps this will be through SMT's.
Boy, I would love to be in on this project :)
IDK if "earning a little less" is a fair characterization of them claiming 25% of the profits on your post... agree to disagree, I guess.