Thanks for helping me out here. I started as a very niche of Blinkist with only books that are recommended by founders/makers... It went fine and got around 110 paid signups.... Then got tired of writing the summaries, if hobby becomes a job then one loses interest, then I started thinking of crowdsourced medium style book summaries, where people who write summaries will be paid by the platform based on total subscriptions on the platform etc. The end goal is that, and in the meantime using wits.chat as a free platform for people to connect and share.
I tried to talk to people who are avid readers but they surely don't want write summaries, but they did like the idea of twitter/wip style of updates and getting streaks etc.
The end goal really is to turn away from book summaries in current style and to wits.io/chat and then have only chat/community and some sort of paid patreon or paid content around it.
I have follow up question, should I bring the streaks back as I removed them as some feedback I got from people that associating streaks with content platform is not a good idea. What are your thoughts on this?
So, if I get it right, you want to move away from this model? Can you elaborate on why you want to have a chat? How do you think a chat will add value to your userbase? What purpose will it serve?
See, streaks are a retention mechanism. It's like a notification added with the fact that you paid $20 and want to keep the streak going. Well it depends on the type of content (length) that is being created, the incentive and the ease of content creation and the way you're remunerating the creators (see image). In your specific case, based on the information I have, I don't see streaks making sense.
Hi Nikhil,
Thanks for helping me out here. I started as a very niche of Blinkist with only books that are recommended by founders/makers... It went fine and got around 110 paid signups.... Then got tired of writing the summaries, if hobby becomes a job then one loses interest, then I started thinking of crowdsourced medium style book summaries, where people who write summaries will be paid by the platform based on total subscriptions on the platform etc. The end goal is that, and in the meantime using wits.chat as a free platform for people to connect and share.
I tried to talk to people who are avid readers but they surely don't want write summaries, but they did like the idea of twitter/wip style of updates and getting streaks etc.
The end goal really is to turn away from book summaries in current style and to wits.io/chat and then have only chat/community and some sort of paid patreon or paid content around it.
I have follow up question, should I bring the streaks back as I removed them as some feedback I got from people that associating streaks with content platform is not a good idea. What are your thoughts on this?
So, if I get it right, you want to move away from this model? Can you elaborate on why you want to have a chat? How do you think a chat will add value to your userbase? What purpose will it serve?
See, streaks are a retention mechanism. It's like a notification added with the fact that you paid $20 and want to keep the streak going. Well it depends on the type of content (length) that is being created, the incentive and the ease of content creation and the way you're remunerating the creators (see image). In your specific case, based on the information I have, I don't see streaks making sense.