Comment by @ruthless • Hey
So basically artists came to lens to get rid of the middleman who takes a cut just to add another middleman in form of an “investor”? Or is it just like a
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I will say I’m more interested in the subscriptions launched by @madfinance.lens recently
It took me a little bit with this concept, I was curious about how to collateralize this. I’m not 100% there yet but I think one possible direction is the record label model. Could be similar to what we saw with PFP projects but with actual controls. An app like Lens Clubs could be a start, where the profile and money gets moved to a multisig with the lenders. Still a lot of handwaving but there might be something there. Almost certainly requires more algorithms, credit scores, etc. I wouldn’t mind exploring this on the micropayment level 🤔