PayCreate is dead, long live Flattr!
In simple economic terms, lower the cost of the transaction and it will happen more often. The cost of the transaction in the system we envision would be almost zero.
Instead of each contributor making several hundred transactions to pay everyone they'd like to pay, they make one.
Not just music, but all artists.
Not just artists, but all charities.
Would anyone pay The Doors? Is there any real desire to pay the estate of the Beatles by those who've downloaded their albums?
Entirely new social phenomenon, LIKE merch, but not merch, LIKE street musicianship, but not street musicianship.
I don't think people like the way it is, where they pay nothing, in lieu of paying $0.99 per song.
MISSION STATEMENT:
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A growing segment of the population earns money by producing creative works. These people make at least part of their living by creating works paid for by an appreciative audience. The amount of media offered to all of us by talented individuals is now so great, that it is no longer feasible for each person to directly and individually compensate each artist.
We wish we could. To this end, we propose a new system of patronage--we call it PayCreate. Through PayCreate, an individual could allocate a discrete, regular contribution--as a direct gift to whichever artists and in whichever proportion they see fit. In simple economics, to reduce thousands of fan-to-artist transactions to one transaction per fan, means that this transaction will take place far, far more often.
To hasten the day, we've begun to investigate the feasibility of such a system. [specifics about the mechanics of the system, and the process by which we hope to promote it]
Related:
Radiohead, "In Rainbows"
Amazon's Flexible Payment Service
Ron Paul and Howard Dean (and Barack Obama)
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