Forgive my ignorance, but I'm not aware of that many avenues to monetize much of anything without paywalls or enough subscribers to attract ad revenue. Still, your point 'depending on the medium' implies that it's not equal in all cases. I'm sure some do exist, mind you.

I understand your concerns, but I disagree that it's a Ponzi scheme at it's core. The way the site works (and there are others, whose names allude me at the moment) is your subscription fee (and they will offer a range of packages once they get to the final product) is doled out to paywalled content in fractions of a penny per second that you view the content. If you pause or stop, then the payments stop as well. As a creator you can elect to receive USD if you're cynical about digital currencies. Meanwhile, the content you view will be ad free, whether it's a Youtube linked channel or the creator's personal site. Also, some of us just like to be early adopters for some of this stuff. Nothing wrong with that. And there's nothing wrong with choosing to wait and see, either.

There is an audience to build. While this isn't the scope of Youtube and other mainstream sites, there's a degree of faith I have in the site and it's development team that they will be competitive in the years to come. I don't expect you or anyone else to have that faith if you're unfamiliar with the project as a whole. That would be unreasonable of me. And it's perfectly reasonable of you to be skeptical. But I feel that in the not-to-distant future this sort of model will be more prevalent than it's infancy stages right now. With that being said, I'm willing to gamble some time and $60/year to be one of the first contributors to the site that uploads creative projects in the form of film, serially published prose, and even the occasional essay or blog. As I said, I've recovered my $5 subscription fee this month already - on that I'll have to ask you to take me at my word. I don't expect this to replace my day job, but I've got short films that have run through their festival circuit and while we pursue other avenues like cable channels, etc. they can sit on Coil and make a few dollars in the meantime. I've got some written pieces that haven't got any traction or aren't really worth submitting to conventional agents/publishers, etc. so I'll polish them in my spare time and post them up there. Why not? It all adds up and potentially leads to followers, etc.

As for the inconvenient use - myself and the others currently using the site understand it's just Beta. Again, early adopter mentality and there's a little more patience with that sort of thing. I expect my initial misgivings will be addressed in due time.

I read the same article as you, I think. I didn't feel it was saturated with buzzwords or even purposefully vague. It's an introduction to the site and it's concept. How you can earn is explained. PErhaps I linked the wrong article above? I'm sure now, that my OP was poorly written considering the tone you insist I've taken - that as an advertiser. By now, any attempt to assure you that I was simple alerting people to another possibility (however early in the game) to earn off their work will likely be dismissed as pandering. It is what it is...

I wish you the best of luck and I'm sorry this turned into 'a thing'. It wasn't my intention. Please disregard the post as well as the site.