Daystream

March 9, 2021

Tuesday

Rogue Hockey Horn

What Is Everybody Doing on Discord? (wsj.com)

The money quote, literally, on subscription v. ad models for social platforms:

"You’re bank­ing on mak­ing more rev­enue from a small sub­set of pas­sion­ate cus­tomers will­ing to pay for the prod­uct than you could from show­ing ads to the whole cus­tomer base....It’s risky to rely on keep­ing con­sumers pay­ing over long pe­ri­ods of time, but beau­ti­ful if it works."

Read that carefully. It's risky only because you might not achieve theoretical maximum revenue through a subscription model. The ad model could bring in more revenue than subscriptions...that's the risk you're taking as a business owner when you choose a subscription model over an ad model.

As most business owners know, some risks are worth taking.

tags: techfinancedaystreamdiscord

link published in /2021/03/09

NFTs Explained: What’s Driving Prices for LeBron James and Kings of Leon Digital Collectibles (wsj.com)

I'll remember this as the one-liner explanation of NFT's:

"Non-fun­gi­ble to­kens al­low peo­ple to buy prov­ably orig­i­nal ver­sions of every­thing from digi­tal art to pop al­bums."

Provably original versions. Of everything.

tags: nft

link published in /2021/03/09

Rob Gronkowski will sell NFTs of his best Super Bowl moments (msn.com)

The celebrity stampede to the NFT gold rush is well underway. I'm starting to wonder who will be the one to define the "jump the shark" moment here. Maybe Henry Winkler will tokenize a digital representation of his thoughts while he was literally jumping the shark. That would be cool.

tags: nft

link published in /2021/03/09

Well, I've never seen this in a hockey game before - the scoreboard at Little Ceaser's Arena is malfunctioning during tonight's Red Wings game against the Lightning. The buzzer is going off constantly, seemingly ever minute, on the minute. The refs stopped play when it happened the first time, but told the players to just ignore it after that. So, the buzzer's buzzing but the game continues. It's weird and funny at the same time. And, of course, this is all happening with only 750 fans in the stands because...pandemic

I'm betting someone is on the phone with customer support at Datroniks. We'll see if they get it figured out before the second period.

tags: hockeynhlredwingstblvdet

post published in /2021/03/09