What is Value for Value again?

What is Value for Value again?

If you arrived via the Newsletter page, sorry, I meant to say, there is a photo plus short piece on V4V, a new way to support your favourite creators and producers in your community.

What is Value for Value (V4V)?

V4V is a new revenue model that eliminates the need for middlemen and advertising. It allows consumers to directly support the creators they love by sending small payments of appreciation for their work. You can send one-off tips in minuscule or massive amounts, as you wish, when you wish, as the moment takes you. It can be for a blog post, a video, a music track, or after reading a few free newsletters that you can't afford to make a monthly payment on.

How does it work?

Thanks to Bitcoin Lightning and phone wallets, sending small payments is now easier and more affordable than ever.

  • Download a Lightning Wallet from your preferred App Store
  • Add a few dollars' worth of Bitcoin. The smallest units are called Sats.
    • earn sats listening to podcasts on Fountain or Wavlake or post on Nostr
    • sell something for sats
    • pay for your bitcoiner friend's dinner and ask them to send you some sats in return.

When you are operational, use your phone wallet to scan a QR code to make a payment. Like the one here for Olive Grove Eggs.

With this system creators can receive direct support from their audience, without having to rely on advertising or intermediaries. In return, creators can focus on producing high-quality content that resonates with their audience.

A Circular Economy in Action

V4V is part of a larger concept known as a circular economy. This is an economic model that encourages collaboration, mutual support, and the sharing of resources. By committing to provide value and assistance wherever possible, individuals can build strong communities and create positive change.

Join the Movement

At Olive Grove Eggs, we're committed to building on the principles of V4V and the circular economy. We believe that by working together, we can create a more sustainable and equitable world. Join us in embracing this new way of thinking and supporting the creators and producers who bring value to your life.

The blacksmith and the artist, each must do their part, to forge a new reality...

Or something along those lines, if I remember my Rush days correctly. Just dug the song out the archives. It seems I remember the sentiment but not the exact words. 😀

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Useful free images from pngtree.com and Venice.ai