Future of Tips + Tips have no fee

in About PeakD3 years ago (edited)
Authored by @jarvie

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WHAT HAS CHANGED?

Previously tips had a 1% fee (the money did not go to us)
Now tips no longer have a fee

WHY WAS THERE A FEE?

No one really complained about the tip having a fee but the reason for the fee was to avoid abuse and we don't think the abuse is likely to happen and if it happens we've decided there are other things we can do anyway.

So instead of a fee the API can stop tracking data for the user that abuses the system. Meaning no one would be stopping them from sending tips to their own accounts but they wouldn't be shown on PeakD because the API wouldn't be bothered.

Right now there has been zero abuse... but there will be lots more reasons for tipping in the future.

WHY IS IT IMPORTANT THAT THERE ISN'T A FEE?

  • Because we are promoting tipping a lot more to new users.

  • We are going to do more features related to tipping.

  • Also we want to differentiate tipping from Reward-Pools like the Hive-Reward-Pool and let users know that tipping is 100% between 2 users and that no one can interfere with or stop a transaction like tipping.
    (Reward pools take into account every single member of the community, including their downvotes, but someone focused on promoting tips will realize it's only about those individuals who like what you do enough to send a tip.)

  • Tips are a big, and successful, part of other platforms like twitch and youtube live, PeakD would like to differentiate our tips by showing how the user gets 100% of a tip.

  • Also we allow a few hive-engine tokens like swap.btc swap.ltc and swap.doge. Hive-engine already charges 1% fee to convert to the token so it's nice to not have a second fee in there.

WHAT IS NEXT FOR TIPS?

We are in the brainstorm phase with @cardboard (who runs the api for tips)
We would love your input here and we will see what makes sense and is technologically feasible

We have considered:

  • A feed of posts that have received the highest tips
  • A list of users that have tipped your account the most
  • Those who have tipped posts inside your community the most
  • Perhaps integrate badges or even auto badges for tippers
  • Allowing communities to determine a unique hive-engine tipping token
  • Changing the tip icon... perhaps to simple say "TIP"
  • Setting a default tipping amount
  • Allowing creators to indicate how they may reward a user that tips them
  • Getting other front ends to support tipping (it's very easy to do)

One big thing we can do with tips is to simply work with some large business minded content creators who have already used and had success with tips on other platforms. 1. We can ask and see what we can do to improve their experience on PeakD 2. For our users to see an example of what a creator should do to educate and motivate users to tip.

Sort:  

Here's a few user stories for you to ponder and consider the features needed to make these possible.

Crypto Influencer Girl X

X makes informative crypto deep dive videos where she goes over crypto projects in great detail. She keeps her content updated and organizes her videos in "Collections/Playlists" on PeakD so that users can easily find the content associated with their favorite coin.

While X does decently on her reward pool rewards, the vast majority of her earnings on PeakD come from tips. She actively asks for tips at the beginning and end of each video and depending on the level of tip, the user can receive different perks.

Tips equal to or less than 10 Hive, receive an automated, "Thanks for the tip!" response.

Tips greater than 50 Hive will receive personalized DM reply.

Tips greater than 250 Hive will receive a shoutout at the end of her next video.

The Online Art Instructor Y

Y teaches art online through video lectures. He posts these lectures to PeakD and organizes them in "Collections/Playlists" based on subject matter, difficulty level, and a host of other variables. While all of this content is free, Y accepts tips for offering feedback to anyone who watches one of his online lectures, and completes the assignment assigned at the end of every lecture.

For a 10 Hive tip, Y will leave a detailed comment providing feedback on your work

For a 100 Hive tip, Y will make a quick video recording where he will critique a students work.

Y has his own whitelisted community where students can post the work they've completed for his courses. Within the community he has "Collections/Playlists" of previous students work as a showcase of what people have learned by following his educational material.

Hopefully these paint a picture of the sort of experience I've envisioned as I've chatted with you all about some of the features I'd love to see.

 3 years ago  

Very helpful. These are the stories that put a vision behind some potential ideas. Would be awesome to see some people attempting stuff like this (even if they were doing it more manually) and then we could automate the process. It's challenging to put time into something no one is doing yet just hoping that those who have this skillset or influence eventually come and use.

So to be honest, I think that at the current infrastructure support level and scale of Hive, TODAY neither of these examples would be successful. Too much friction still in buying Hive, plus a bunch of other choke points. My goal is to hopefully help to illustrate some of the many ways PeakD could fulfill on one of your defined pillars as being a partner in the success of your users. The strategy of which features implemented at what time in what order is a different problem and I'm sure you all know best what the best approach is for that in the context of everything you're working on.

That said, I do not think anyone will even attempt to do anything like this until the rails are already built and greased for them. I think whatever you macro vision is for PeakD, you will have to solidify that and go for it, then make changes and adaptations upon feedback and metrics of what's working and what's not. Just my 2 cents.

Would it be possible to set a tip amount that gets delivered automatically, when someone hits the vote button? Killing two birds with one stone. Some members might like that as I see a few vote and tip.

For older content no longer awaiting payout (after seven days), would it be possible to add in a pop up notification that says something like, "This content is no longer open for voting. Would you like to send this user a tip instead?" Tips were supposed to help extend the length of time content can qualify for monetization from seven days to, forever. I'm not seeing many consumers supporting old work in this fashion. Maybe they just need a little reminder, or maybe they don't know they can tip old content.

I would like to see tipping be a bit faster, so perhaps some sort of automation or default option/options may help that as a tipper.

I'm just thinking out loud here.

  • Maybe when you hover over TIP it can give you a few options you have set up. .3 HIVE | 1 HIVE | 10DOGE | CUSTOM
  • The other day i was talking with someone and we were thinking of some idea where perhaps the Receiver could share default tip amounts with a message stored on their account which we could display. Aka when you go into the tip panel maybe it says .1 hive and a fun or informative message from the user like "Every little bit counts" or "thanks for supporting my content" ... or whatever a good business minded content creator does to encourage tipping.

If I was busy kicking ass here, drawing big crowds, to encourage tipping I might do something like they have at sports events. The 50/50 draw. Anyone who tips is entered into the draw. I get half, the winner gets the other half. I too am just thinking outloud here. Brainstorming sessions are always fun.

 3 years ago  

For older content no longer awaiting payout (after seven days), would it be possible to add in a pop up notification that says something like, "This content is no longer open for voting. Would you like to send this user a tip instead?"

We do have that happen on older posts, go give it a try and see if there is anything else we can do to improve it.

I picked a random member, selected a random old post. I don't see a notification. Must I click something first? If so, I suggest making this friendly little heads up notification about tipping visible the moment I enter. Maybe it could appear in the bottom right corner, similar to the recovery account notification. Maybe it could be a bar/box covering the vote button area.

Human psychology. People need to be tempted into donating. This is why they place donation boxes in a high visibility area, on the counter, right next to where a consumer takes their goods to be purchased. Put it anywhere else that isn't so obvious, and whoever is accepting donations probably won't even see a dime. Needs to be convenient.

 3 years ago  

Go to an old post that is older than 7 days and click the heart button.

We are open to finding a better UX for tipping.

This seems like the best option. I wouldn't want a popup on every post older than 7 days that I read.

So yeah, I have to click. I'd suggest skipping that part, as stated previously. Totally up to you folks though.

when you try to like it (click the heart button) you get the notification and an option to tip

And yeah, I'm suggesting to make it more obvious as in, no click required. A simple notification right out in the open, clear as day, much like these words here today.

Well, tipping is best used for older posts past the payout period. A better way to showcase older material would be nice. I know having a feed showing the highest tipped content somewhat does this, but that content has already been found.

Building a tipping culture is essential to evergreening content, so I'm glad you are dipping your toes into this, since Hive and Steam are literally the only platforms that don't actually have an evergreen culture.

Getting Community Owners involved in finding older relevant content to reshowcase would probably go a long way.

How about adding the ability to set up recurring tips?

Building a tipping culture is essential to evergreening content, so I'm glad you are dipping your toes into this, since Hive and Steam are literally the only platforms that don't actually have an evergreen culture.

It is true we don't have great features to make content evergreen. We have a few other things we'd like to do to improve on that as well beyond tips but it's a good reminder that TIPS are also part of that appeal.

 3 years ago  

RECURRING TRANSFERS

Sending recurring transfers is something that @howo is adding to the next hardfork. That is a great tool. I am not sure what kind of API it will support. Also i am not sure if transfers could be identified TIPS vs the other things they may be considered (aka payments)
I guess we can see if @howo has some thoughts on it.

SEMI-AUTO?

Also recurring transfers are likely TIME based and probably can't be given to individual posts and that's what a TIP is so my guess is some sort of semi-auto system for tips could be a solution.

For example you state your intention to tip a list of content creators based on POSTS (aka every post or one post a day or one a week) then the system would find all the instances that should be triggered but because tips are an active key transaction you would likely need to confirm the transactions.

I implemented memos on the recurrent transfers, so it would be possible for front ends to add some identifier on recurrent transfers and build on it :)

In terms of apis I haven't built many apis yet. So far it's just an api call "find_recurrent_transfers" to see where your recurrent transfers are going. Thinking of building more in hivemind or directly in hived.

What kind of apis would you like to see @jarvie / @asgarth

So far it's just an api call "find_recurrent_transfers" to see where your recurrent transfers are going.

I think this is needed also the other way around. To see which recurring transfers an account is going to receive. Suppose you are a content creator you want to see the 'incoming' recurring transfer, not the outgoing.
If you can include all the operation details (including the memo) will be great :)


Another point is how to fetch the transfers history. Are you going to use a new operation type? Or just a standard transfer? Ideally we would like to show a filterable list of all the recurring transfer received/sent by an account.

Everything else in my opinion should not be included in the core API 👍

I think this is needed also the other way around

Haha I figured you'd say that. There is a good chance that we might implement this at the hivemind level instead of hived because those kind of indexes increase the ram requirements of nodes and we want to avoid that.

Another point is how to fetch the transfers history

New virtual operation ! Two actually, you will find them in the usual get account history call

fill_recurrent_transfer_operation and failed_recurrent_transfer_operation

fill is pushed when the recurrent transfer was a success, failed is when it wasn't (if the user ran out of money).

Ideally we would like to show a filterable list of all the recurring transfer received/sent by an account.

I assume that that shouldn't be a problem with your current implementation of the wallet like where you sort by "outgoing/incoming"

Awesome, thanks 👍

Gotcha, then maybe create content paywalls and paid subscriptions in the future?

That requires pursuing encryption methods ... would love to see someone pursue a way to integrate decentralized encryption on hive. Because those features you mentioned would be awesome

If you come along a Dev willing to take it on keep this in mind. Another profile feed could be used for all subscription based material. Like we now have a separate 'Blog' and 'All Posts' feeds, another for subscription content would be perfect. That way you can showcase the best of the best for easier discovery and evergreening. This would be the feed potential subs would want access to.

Of course, many other platforms which are open sourced have these features, like Minds.com and Flote. It might be easier to incorporate than you think.

I am digging all the ideas you've listed only other ones I would say is those tipping tallies could not only be shown in HIVE but all coins like swap.BTC and stuff. If people also see they can earn tips in other crypto it might get them hot and heavy and its a powerful marketing statement to say this person earned say 0.1 in BTC tips etc

What would also be cool are UI tip jar or funding jar updates so users can tip into the jar for a certain cause, kinda like those back a buddy sites do!

 3 years ago  

is those tipping tallies could not only be shown in HIVE but all coins like swap.BTC and stuff.

How do you envision what you refer to as a "Tipping Tally" we are interested in ideas like this and wonder what others have in mind.

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Strangely a feature that I have never looked into and all of this sounds great indeed.
So, we will also start to use it.

tipping "box" still shows fees, but there is no fee when tip is done.

 3 years ago  

Yes has been reported to @asgarth

Hey there @peakd team!
A friend of mine got his account exposed somehow and they changed his password.
He has registered under my referral link from Peakd.
What is the procedure for recovering the account?
Thanks in advance!

Hey, thanks for reaching out. The account has been created using hiveonboard.com?

Yes ☑️

Can you share the account name? If it was created on hiveonboard maybe @roomservice can help you.

How can I get in touch with him?
Isn't better if we go over that in discord or something else?

Yep, feel free to join our Discord server :)

Can you send me a link?
Thanks in advance!

Hiveonboard doesn't offer account recovery but I'am here to help.

First of all you we have to find out which account may create the recovery acccount.

After this this tool will become really handy:
https://reazuliqbal.com/HiveAccountRecovery/recover-account.html

So what's requireded from me and my friend now?

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Thank you for developing this project. Good luck to you.

Why not run a small contest to design a new tip button?

I haven't seen a lot of tip buttons but i have seen some that simply say TIP. But i guess it could be a bit nicer than that. Not sure what kind of interest there is for things like that.

Anyone that designs a better graphic of what we presently use I suppose would get a very good tip from us. haha

I really like the tip feature, especially for "old" / evergreen content. I welcome tje dropping of fees. I would like to see tje feature more prominently "featured" (ha!) and I do hope that this is one of the topics that will be covered in the @hivebuzz tour and am calling over @arcange and @traciyork to answer that question.

Great work!

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That's some next-level action! Loving it! Let's take hive to the moon!

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One big thing we can do with tips is to simply work with some large business minded content creators who have already used and had success with tips on other platforms.

This would be amazing

Incredible. Going feeless was important . Let me run some data to see how much tipping was done in past 30 days . Thank you for this , I personally have received tips many times and I have no doubt this will be an useful feature.

Thank you for developing this project.