06-18-2023, 07:52 AM
It's a combination of things. The usual strategy of growing a platform and figuring out the profit model later but as of late a lot of ways to make money have been made more difficult.
- New Privacy laws make it difficult or even illegal to sell user data. The fact that the EU goes after Meta and Google scares the others
- Advertisers better curate where they put up ads and take a closer look at results beyond 'views' and 'likes'. Volkswagen doesn't want to be displayed next to an erotic Keylo fan fic or an argument about the holocaust
- The crypto/NFT markets slowed down so you can't fund your platform selling coins
- The cloud server boom is sort of over so Amazon/Microsoft etc. are no longer competing on price and server costs have greatly increased
- Credit card companies and payment providers don't want to do business with unregulated/unverified NSFW content spaces
Users aren't used to paying for these type of services so subscriptions are a hard sell.
- New Privacy laws make it difficult or even illegal to sell user data. The fact that the EU goes after Meta and Google scares the others
- Advertisers better curate where they put up ads and take a closer look at results beyond 'views' and 'likes'. Volkswagen doesn't want to be displayed next to an erotic Keylo fan fic or an argument about the holocaust
- The crypto/NFT markets slowed down so you can't fund your platform selling coins
- The cloud server boom is sort of over so Amazon/Microsoft etc. are no longer competing on price and server costs have greatly increased
- Credit card companies and payment providers don't want to do business with unregulated/unverified NSFW content spaces
Users aren't used to paying for these type of services so subscriptions are a hard sell.