DeFi has taken the middleman out of finance. Nuance does the same for the written word.
This is a guest post by our new partner, Nuance, which has integrated the Bitfinity Wallet into its platform and provided us with a Premium account. We are delighted to be working closely in various ways with this fantastic project.
We are a long-form content publishing platform (a blogging platform) built 100% on the IC. We aim to disintermediate the publishing industry and allow writers to form a direct financial relationship with their readers. We launch our Premium Article feature this week, which is a step toward this goal (see more here). Our next major milestone will be launching our transition to a DAO (via the SNS) so our community of writers and readers can self-govern.
So, Why Create Nuance?
Writers need a direct relationship with their readers
Problem: Monetization challenges stifle creators: ➔ Bloggers ➔ Novelists ➔ News platforms ➔ Communities ➔ Labels
Solution: Direct reader financing: ➔ Tipping (applause with token credits) ➔ NFT article access ➔ Web3 paywall ➔ Subscriptions ➔ Article bounties
Nuance is an entirely on-chain publishing platform. It applies the benefits of Web 3: Anonymity, self-sovereignty, censorship resistance, community governance & tokenization. . . . . . to a Medium-style content hosting platform.
◆ A publication offering offers user-defined branding, a landing page, and writer management features
➔ Individual users
◆ Individuals can publish articles to their profile and build a following, experience a Sleek UX, invisible technology, smooth performance, search indexing, log in with Google, custom domains - everything users are used to in Web 2
- Medium publishes 15MM articles annually.
- Engages 100MM monthly readers.
- Has 1MM subscribers.
- Self-hosted blogs receive 7MM posts daily.
- 77% of people regularly read blogs online.
- Each article and reader represents a range of untapped revenue opportunities.
Web 2 incumbent, Medium, pays writers an average $4.32 to $8.19 per 1000 views. Paired with a well-designed token ecosystem & unique monetization options, Nuance can generate considerably more:
➔ Tipping (applause) ➔ NFT article access ➔ Web3 paywall Network effects applied to auxiliary services will provide additional monetization opportunities.
To test our product, we have offered several projects early access:
FastBlocks.com - The world's only news outlet built entirely on-chain.
Infinity Swap - Uses Nuance for the company blog.
SGO Music - Provides personalized blogs for professional musicians.
We are ready to scale
➔ Nuance is in advanced beta
➔ Iterating through test case feedback
➔ Shipping regular updates We have a solid foundation and are ready to scale.
We look forward to giving content creators what they deserve for their work in a brave new world of decentralized ownership and are excited about our partnership with InfinitySwap.
“I have always wanted a web 3-based publishing platform. No offering so far has offered a solution that can compete with Medium, where I currently host content. Now that Nuance offers search indexability I can finally switch.” - Arthur Falls, Podcaster & Blogger