this post was submitted on 12 Sep 2024
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[โ€“] cobysev@lemmy.world 1 points 2 months ago (1 children)

I think it's great for a ground-floor investment in a YouTube competitor. It draws more people to the platform, gets a chunk of money flowing up front to help boost the service, and they can always sunset the lifetime option if the site gets popular and revenue starts to get tight. As long as they continue to honor it for everyone who paid initially.

Like I said in my original comment, a Nebula subscription is only $6/mo. A lifetime access payment is over 4 years of subscriptions up front. That's a nice chunk of change to help get them established.

I saw someone's video about how Nebula works (I think Legal Eagle? He was advertising it hardcore on YouTube for a while) and the subscription service is how they pay content creators. He said it's a more stable income than YouTube, where your videos earn advertising money based on trends and visibility. If you're not YouTube famous (and the algorithm doesn't make you visible), you're not going to make any money on the platform. But Nebula gives you a more solid income, plus the freedom to make the content you want. No AI moderators flagging videos because it thought it detected the word "suicide" or something. No forcing you to include key words or pushing regular videos on a tight schedule to ensure the algorithm keeps recommending your channel.

[โ€“] Pika@sh.itjust.works 1 points 2 months ago

I agree that it's a great investment, and it will definitely get people on board for if the platform really takes off. I think they're definitely assuming that the majority of their people who pay the $400 aren't going to remain on the platform which is probably a safe bet, once they get somewhat established and have content that's more for the everyday person, I would probably recommend converting the lifetime license over to an extended long-term subscription.

So like a subscription that lasts five six years at like the price of 3 years of the monthly subscription price, I know if YouTube offered something like that I 1,000% would buy it in a heartbeat because I know that YouTube will still be around in that time frame and it's a no-brainer cuz I use it daily,

That being said if they did end up having a significant amount of people that are still using the lifetime subscription, they may revert to adding features to the monthly subscriptions like how Discord does that entice you to switch to a new plan with a retroactive sub and then you just can't switch back again.