Philanthropy can be a serious hinderance. Don't take it unless you absolutely can't do without it. It's a really bad incentive. Go try to make a profit, the market knows best.

Replies (25)

heinz57's avatar
heinz57 1 year ago
Is that the pitch to Opensats donors?
miljan's avatar
miljan 1 year ago
Nostr projects have a nice opportunity to bootstrap via grants, while retaining full control and ownership. But continuing to fund via grants over the long term does seem to be detremental for most projects. It kills any sense of urgency. The incentives are not there to build a useful product for users.
this is why i weaned my smol business off the grant train 8 months ago. still here. still focused on being sustainable. burn rate low, i will outlast both grants and VCs flooding the market with free subsidized services because I only have an obligation to my customers.
There's no one stopping other investors from betting on what they think is a better horse. That is beside the point that grants lead to economic lethargy, when they're too generous or long-term. Humans need a sense of urgency, to stay focused and recognize opportunity.
Constant's avatar
Constant 1 year ago
Business tooling/software (invoicing, bookkeeping timekeeping etc.etc.). You wont be the only one looking at that, but thats kind of the point.
It’s important that we openly discuss and get to know all of the Nostr business use cases. So forgive me if I dig deeper… What about Nostr makes it desirable for building “private intranet” tools and software?