First days of Satoshiwall

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Satoshiwall is the peer-to-peer monetization platform for the world.
1 week ago
Topics: Satoshiwall

Four days ago I finally released Satoshiwall.cash, a fully non-custodial bitcoin paywall. Although I'm currently on an island with painfully slow internet, I want to share a couple of insights I compiled on what feels like a 1997 ISDN connection.

The numbers

As of November 25 02:43 UTC Satoshiwall handled 66 payments totalling 0.06709643 BCH or $13.41 (~200USD/BCH). That's $1.34 in fee revenue for Satoshiwall.

Not impressive, but it's actually better than I expected. This is a very early version and it's running on what is basically a minority fork of Bitcoin. Such a business can only be profitable on scale, but with Bitcoin Cash there is huge scaling potential.

Most traction will probably come with third party integrations (think of WordPress plug-ins etc) and maybe even support for SLP tokens (lots of stuff happening in the space). Imagine users paying for content without knowing they're dealing with Satoshiwall or even BCH at all. This is what ultimately needs to happen.

The traffic

Similar things can be said about the overall traffic. Roughly 100 users per day. The Novermber 22 spike came with some coverage in various news sites like news.bitcoin.com.

The content

So far it's mostly shitposts and I feel like I built an elaborate trollbox. But that's nothing I'm concerned about. The point of Satoshiwall is not to find content (although Cain made some interesting suggestions that could be considered), but to get access to the content of content creators they already trust. I advise everyone not to spend significant amounts on paywalls unless they know who is behind them.

$ 5.09
$ 1.35 from Anonymous user(s)
A
$ 1.22 from @Telesfor
$ 1.00 from @Read.Cash
$ 1.00 from @btcfork
$ 0.50 from @Darwin
+ 1 more contribution
Avatar for Satoshiwall
Written by
  6
Satoshiwall is the peer-to-peer monetization platform for the world.
1 week ago
Topics: Satoshiwall
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