Hi everyone!
So, some sad news, but we're shutting gFam.live down.
For those that don't know, gFam.live was an attempt at social media designed to help creators earn from their content either through Web Monetization or Advertisement Revenue Share.
We've been on this journey since 2019, it's been super fun and we've each learnt a lot - but unfortunately we got to a size where our monthly costs increased dramatically but the advertising revenue only increased slightly.
We've had some technical database issues recently so I don't have exact numbers, but we've provided over $185,570 USD worth of Web Monetization and XRP tips to creators for their content which has been viewed over 282 thousand times by 86 thousand people in 149 different countries.
Posting was limited to one post per day, but one thing we really enjoyed was people posting a little story and photo about their day each day... the kinds of things that might not be special enough to post on traditional social media, but all those stories on hundreds of thousands of posts showed us both how different life was for many people all over the world and how similar our hopes and dreams really are. It was incredible to witness.
One of the lessons we'll take away was that it was really difficult to get sponsors or advertisers, and I think it was because the content was too broad, my next project (that I hope to also incorporate Interledger Payments and Web Monetization) will be a lot more niche. I'm hoping that may help securing advertisers and paying subscribers.
Thank you to everyone in the Interledger community that helped out, we really appreciate everything you've supported us with. I personally (Adam) will still be in the Interledger Slack channels and testing Web Monetization and all the things.
Thanks again,
gFam
Top comments (6)
Adam, I wanted to acknowledge the incredible effort, creativity, and dedication you have poured into gFam over the years. You've shown what's possible with Web Monetization, and I look forward to seeing what you create next!
Thanks so much Ayden! I'm still very excited about the technology and the doors that Web Monetization might open in the world and I very much appreciate your comment.
Thanks for your hard work these past few years and good luck with your next project!
Thank you so much Radhy!
It's sad to hear that you gave it your all. Glad to have you staying in the community.
Thanks Chris! Obviously gFam would never have existed at all without the Interledger Foundation so thank you so much to you and your team for showing us a different way to think about the internet and monetization. It's been a very fun journey of discovery for sure.