How one little community helped us raise $8M
imzy.comHappy to answer any questions about the fundraising process.
I don't really get Imzy - it sounds like a more liberal Reddit with more censorship?
Censorship certainly makes HN better than Reddit, so no judgement there. I just don't understand the Imzy value proposition as a user.
It looks like you can "tip" communities and users and be tipped yourself for things you post. The incentive to create genuinely worthwhile content is much higher, assuming people actually use the tipping feature.
Tipping requires leaving your banking information and SSN on a site which offers at best a "brokered" anonymity.
And in fact tipping itself has been one of the mechanisms by which Imzy's anonymity has been breached:
https://www.imzy.com/imzy/post/privacy_issues_with_tipping
My own experiences with Imzy have been less than salutory. https://www.reddit.com/r/dredmorbius/comments/500ysb/the_imz...
Can't you do that on the rest of the Internet with Bitcoin?
Why would I want to do that anyway?
Giffgaff, a UK provider of mobile phone services, has extensive user provided support in their forums.
If someone gives a useful answer you give them "kudos", and that translates to tiny amounts of credit on their bill.
It's likely that companies might want to offload the forums to someone like Imzy.
I suppose with Reddit's "flair" options you could put a BTC address next to your username in a lot of subreddits. But BTC is a lot more effort than just clicking a button, unless the site sets itself up specifically to use BTC, at which point why not just use real money?
Take a look at all the "gilded" posts on Reddit. I see dozens of them every day. People love spending a few bucks here and there to show their appreciation for good content, but all of that money goes straight to Reddit rather than the person that created or shared that content. I would much prefer the majority of my "gildings" to go to the user, rather than the site.
Reddit has multiple payment bots. See: https://www.reddit.com/r/changetip/
I believe there are Twitter bots for the same. Any bot should be generalizable to any text medium.
The vast majority of internet users are not and will continue to not be bitcoin-savvy for a long time.
Well, there's a lot to it and the more you use it the more you understand it. I think we need to get a lot better at getting the real value prop to new users in a better way, so thanks for highlighting this.
For now though, there's a lot written here about things that make us different - https://www.imzy.com/imzy/post/weve_raised_our_series_fundin...
I didn't get it from the homepage either. The video and the headline say literally the exact same thing. Just some feedback.
Calling moderation "censorship" does a disservice to both terms.
Seeing as Imzy has little moderation and much censorship, there's a validity to the description.