On the Fireside Fedi interview with Jerry ( the admin of Infosec.Exchange Mastodon instance ) a scary truth was suddenly revealed ( on 34:11 ): Just to keep the instance up and running he needs to spend up to $5000 a month, pretty much out of his pocket. Donations to the instance barely cover any of that. And if he will ask people to pay to use it, they will, rightfully so, switch to a different instance.
You can actually do it using USDC (USD stablecoin) on Ethereum via Base for free:
https://www.coinbase.com/en-br/developer-platform/discover/launches/zero-fee-usdc
Most people think of crypto as a scam, but there are actual useful products being built on Ethereum, and this is a great illustration on where it is a useful tool
I think something like this is going to be a necessity to make a federates video platform work.
What are the transaction fees for USDC?
It has been around USD 0.001~0.008, but they are scaling aggressively so fluctuations aren’t as significant in the future regardless of usage. Details here: https://www.growthepie.com/fees
Are there options with lower fees? It’s not much but if people pay per view it adds up quickly.
Sorry, I mistakenly read your original comment, transaction fees for USDC are actually free (gasless) via Base on Ethereum, eg: https://xcancel.com/coinbasewallet/status/1800653787960406031
Costs mentioned on my previous post are for other assets
Neat, might have to try that sometime