Hey, Everyone! Inleo is introducing the newest addition to Hive: Creator Subscriptions. This feature allows users to further monetize their content and audience beyond the rewards pool and the 7-day window. This AMA will focus on that.
In this episode:
- Creator Subscriptions allow for recurring payments
- Private content is encrypted on the Blockchain
- All revenues earned by Inleo will be used to buy back the LEO token
- Users can have supporters without needing to provide private content
There are several questions about how Creator Subscriptions will work, especially regarding how content can remain private if it's on the blockchain. We've found a solution by using the MEMO keys option, which ensures that the content is only readable by subscribers.
To subscribe, there is a recurring payment system that, once initiated, can be stopped by the user at any time. This will also apply to Premium Subscriptions to streamline the process.
Creator Subscriptions are a tool users can customize. Hiding content behind a paywall is not required, so they can be used in any way the creator and audience agree upon.
Check out the AMA to learn more about how the system works! This innovative feature provides additional income streams for creators.