Summary: Inleo AMA – October 1, 2024

Threadcast link:
@khaleelkazi/re-leothreads-2b6pqqbkg

Link to recording:
https://x.com/i/spaces/1zqKVYzdeLaxB

Speakers

@khaleelkazi @anomadsoul


DISCLAIMER: The following has been generated by AI (Claude-3.5) based on the publicly available recording of the livestream. Because the content is AI generated it may contain errors, so please keep that in mind when reading. Feel free to suggest corrections and/or add additional information/improvements in the comments. Read more: Introduction post for the AI Summaries project


Creator Subscriptions Launch on InLeo

In this episode of the InLeo Twitter/X space, the hosts discussed the highly anticipated launch of creator subscriptions on the InLeo platform. This new feature allows creators to offer exclusive, paid content to their audience, opening up new monetization opportunities.

The subscription Model

The Creator subscription model on InLeo works as follows:

  • Creators can offer a $5 per month subscription to their audience, providing access to exclusive content.
  • This content can include encrypted blog posts, private Threads, and even live video AMAs with subscribers.
  • The platform takes a small fee, starting at 5% for creators with under 25 subscribers, and dropping to 1% for those with over 50 subscribers.
  • Creators are paid out immediately when a subscriber signs up or renews, with the option to cash out earnings at any time.
  • Subscribers' access can be revoked if they cancel their subscription, ensuring exclusivity of the content.

Incentives for Creators

The hosts highlighted several key incentives for creators to utilize the new subscription feature:

  1. Low Fees: Compared to platforms like Patreon or Substack, InLeo offers much lower fees, allowing creators to keep more of their earnings.
  2. Crypto Payments: Creators are paid out in the platform's native cryptocurrency, HBD, which can be appealing for those who prefer to be paid in digital assets.
  3. Censorship Resistance: aLL subscriber-only content is encrypted and stored on the Hive blockchain, ensuring it remains accessible even if the InLeo platform were to disappear.
  4. Earning Potential: With the ability to earn from both the Hive rewards pool and creator subscriptions, premium creators can potentially earn enough to cover the cost of their own premium membership.

Strategies for Success

The hosts encouraged creators to be creative in how they utilize the new subscription feature, suggesting ideas such as:

  • Offering early access to content, like a musician releasing songs early for subscribers.
  • Providing behind-the-scenes looks or exclusive insights that regular followers cannot access.
  • Hosting private AMAs or Q&A sessions for subscribers.
  • Leveraging the platform's features, such as the ability to PIN content or sort threads by subscriber-only posts.

The hosts also discussed the potential for a "mutual subscription" model, where creators subscribe to each other's content to help grow their respective audiences.

Looking Ahead

As the InLeo platform continues to evolve, the hosts emphasized the importance of maintaining a user-friendly experience and addressing any potential bugs or issues that may arise with the new creator subscription feature. They encouraged the community to provide feedback and engage with the platform to help shape its future development.

Overall, the launch of creator subscriptions on InLeo represents a significant step forward in the platform's efforts to empower creators and build a thriving, decentralized ecosystem.


@leoglossary links added using LeoLinker.

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