Chris Messina13 Primarily a rebranding of <a href="https://www.producthunt.com/posts/21-co-2">21.co</a>, but maybe also proving that ".com" domains still matter? I think it's wrong to declare that Earn.com is the <a href="https://earn.com/token/">"first token-based social network"</a> since <a href="https://www.producthunt.com/posts/steemit">Steemit</a> already exists and Refind has its <a href="https://www.producthunt.com/posts/relevance-coin">Relevance Coin</a>, (<a href="https://refind.com/chrismessina?invite=OxE1HhgTEQ">get some here!</a>) but it's cool to see this general trend.
Balaji S. Srinivasan17 @chrismessina 1) Yep, we thought that Earn.com helps make the ideas more accessible to a mainstream audience -- everyone knows what "earn" means, it immediately suggests what the product does, the ".com" means people don't mistype it, and they don't need to know that there are 21 million BTC to understand the name :) 2) That's also a reasonable point re: Steemit -- though normally people don't refer to Reddit as a social network to the same extent they do for LinkedIn/Facebook/Twitter, as the focus is mostly on interactions with news articles vs with other folks. The profile page is less of an emphasis for Steemit. At least, that's how we were thinking about it. If you think of Reddit as a social network, then Steemit is one as well. If you think of a social network as more like Linkedin/FB/Twitter (with more emphasis on real names/profile pages/profile photos/messaging/etc), then I think that space is still wide open. But we might think about another way to get the concept across.
Chris Messina7 @balajis yeah, interesting points! Steemit is paying users for popular content (similar to Medium's model with claps); in your case, users pay for access/attention given some externally determined value. The difference is whether you focus on the social progenitor or the social objects. They're clearly related, but don't have to be. You can remove identity and pay anonymous authors for valued contributions or you can put a toll up to access popular identities. Both are networks — but, to channel Jobs, are more a matter of emphasis. There are several other cryptocurrencies attempting to enable users to monetize their data (Datum, BitClave, DataWallet, BAT, Blockstack), but I struggle to see how that works unless there's a market created for that data that values the individual's contributions over a collective's. Ultimately I guess my question is whether you're competing with Mechanical Turk, and users decide to set a threshold on how much they're willing to accept to perform certain low value tasks, or if you're more like a cryptocurrency-based influencer network (Fohr Card, et al)?
Jeremiah0 @chrismessina we're working on a structured data exchange for public domain data (i.e. *not* personal data, so different from Datum, DataWallet etc. the requirements/solution are very different). Do you have a particular interest in this space?
Chris Messina1 @_jeremiahs I do. I've long been interested in digital identity (I helped popularize OAuth and was on the board of the OpenID Foundation). I've been long on the value of digital identity and the value of "data capital" for <a href="https://factoryjoe.com/2007/10/16/data-capital-or-data-as-common-tender/">a long time</a. The blockchain seems like a great way to bring that concept into reality — the question, for me though, is whether technology is enough, or if you first have to create new norms, expectations, and behaviors in order to drive demand for this kind of solution. We've been here before in the history of computing; I'm just trying to figure out if this time is different.
Jeremiah1 @chrismessina Just read the piece 👍 . I think what's tricky when considering data as a currency/asset is that unlike traditional currency/assets it can be duplicated for free, which makes valuing and exchanging it challenging. It seems what we're working on might be of interest to you, can send you a blurb?
Arun Sathiya12 😲 I wonder how much they paid to get this domain. Earn sounds a lot better now. Time to replace all links. 🔓
Jason Pittam5 @arunsathiya On their blog, they mention that all previous 21.co URLs will redirect to the new URL. You can read more here: https://news.earn.com/21-co-is-now-earn-com-3e37e50c444f cc: @balajis
Arun Sathiya3 @balajis @mikaelpittam Yeah, noticed that. Thanks!
Todd Goldberg5 I'm a fan of the new branding and simplified focus. I think that using cryptocurrencies as payments for microtasks (i.e. Mturk) is interesting. The inbox seems like a good initial usecase. @balajis, what other "tasks" do you see Earn eventually supporting?
Todd Goldberg4 @balajis That's cool. It seems like earn's lists are a smarter way to connect parties with mutual interests vs. say doing cold outreach or buying a list. However, these don't seem like "tasks" to me in the typical sense. To @chrismessina 's point, do you eventually see the network evolving to more like Mturk where tasks are clearly defined, performed, and compensated?
Balaji S. Srinivasan8 @chrismessina @toddg777 Right, our thinking is that it *starts* as a way to replace cold email or list buying. But once you can pay someone to reply to an email, you can pay someone to complete a task as well - like filling out a survey or uploading a photo. This is actually really useful for sales. Use Earn.com to send out a quick/cheap single-question qualifying survey to 1000 engineers to identify prospective buyers (eg “Do you use containers in production? Yes/No”). Then retarget everyone who says “Yes” with a more expensive followup email to set up a meeting. So that combines both a task ("fill out a survey") and an email ("send an email to everyone who answers like this to the survey") in a two-stage pipeline. And because the sales rep is paying every recipient, they typically see a 70%+ response rate in 24 hours (which is very high relative to the usual <a href="https://www.fastcompany.com/3036672/what-we-learned-from-sending-1000-cold-emails">1.7%</a> cold email response rate). The sales rep may still get a no, but it’s a quick no from a highly qualified list. It's a very fast way to do lead gen.
David Oliver Doswell0 @balajis this is the best part. Distributed tasks allow earn.com to focus on user experience. The network will have plenty of definitions of what constitutes a “task.” That just leaves dynamic pricing: task creators constituting price-per-task.
Matthew Hui3 When are you guys launching your token?
Balaji S. Srinivasan6 @matthui In the next few weeks! Go check out a preview at https://earn.com/token
Nicolas Le Roux3 Rebranding makes a lot of sense, happy to see 21 moving forward!
Balaji S. Srinivasan37 Hi everyone! We’ve launched many new features since the <a href="http://producthunt.com/posts/21-lists">last time</a> we were on ProductHunt, including: - <a href="https://news.earn.com/monetize-your-gmail-inbox-with-21-co-ec1f9687956d">Gmail integration</a> - <a href="https://news.earn.com/send-paid-surveys-mass-emails-and-custom-tasks-to-21-co-lists-a020235cbdf4">Paid mass emails</a> - <a href="https://news.earn.com/send-mass-emails-on-a-budget-384e91402ae7">Budgets</a> - <a href="https://news.earn.com/organize-paid-crowdsourcing-with-social-tasks-98fb0713af6c">Shareable public tasks</a> - <a href="https://news.earn.com/using-21-to-survey-blockchain-personalities-on-the-bitcoin-hard-fork-1953c9bcb8ed">Paid surveys</a> - <a href="https://news.earn.com/find-people-and-pay-them-to-reply-72f8cfdf69a8">Search</a> - <a href="https://news.earn.com/monetize-your-conference-with-21-co-de63b613ca11">Monetizable conference directories and email lists</a> In total, what this means is that you can set up an <a href="https://news.earn.com/get-paid-to-read-email-from-outside-your-network-with-a-21-profile-8a388548a9ef">profile</a>, join a set of <a href="https://news.earn.com/make-money-online-by-joining-21-co-lists-b90e6d119ab7">lists</a>, and start getting paid tasks from Earn.com <a href="https://news.earn.com/send-paid-surveys-mass-emails-and-custom-tasks-to-21-co-lists-a020235cbdf4">senders</a>. You can also set up a <a href="https://news.earn.com/monetize-your-gmail-inbox-with-21-co-ec1f9687956d">Gmail integration</a> to get more paid tasks by bouncing messages from outside your contact book and asking them to pay you. And if you’re really into it, you can even turn your email list or conference directory into a <a href="https://news.earn.com/monetize-your-conference-with-21-co-de63b613ca11">monetizable asset</a>, such that both you and your list members/attendees get paid. Given that all these features let you earn digital currency online, we recently rebranded from 21.co to Earn.com to better convey what we’re doing. With Earn.com, users earn money online, and senders pay users to reply to emails and complete tasks. It’s like a better version of LinkedIn InMail. The next big step for us is to launch our <a href="https://earn.com/token">new token</a>, which is coming in a few weeks. If you sign up at that link today, you can get verified and get on the token waitlist. Between now and the token launch, you’ll earn bitcoin for completing tasks and replying to emails. Once the token launch happens, you’ll get free tokens simply for being an early adopter, and a bunch more tokens for inviting other verified users. We’ve set it up such that early adopters receive the most tokens, because the token reward halves every time the user base doubles. The overall idea is to create one of the first “better-than-free” business models, in which the users of a social network capture some of that network’s value by earning tokens. Anyway, that’s a summary of (a) what we’ve shipped recently, (b) the Earn.com rebrand, and (c) our upcoming token. Let me know if you have any questions. And if you’re a <a href="https://angel.co/earndotcom/jobs/294702-designer">designer</a>, <a href="https://angel.co/earndotcom/jobs/294685-senior-security-engineer">security engineer</a>, or <a href="https://angel.co/earndotcom/jobs/294671-senior-data-scientist">data scientist</a>, we are <a href="https://angel.co/earndotcom">hiring</a>!
Matt Gardner7 @balajis So if I've been using Earn since the 21.co days... more coins? :D
Balaji S. Srinivasan5 @thatmattgardner Yep, so long as you have a verified profile you are grandfathered and don't need to do anything else :)
Saijo George4 @balajis do you guys offer a widget that I can place on a webpage?
Bassam0 @balajis I changed my fee to answer a question I referred to earn.com and now I have been stuck pending verification for more than a week now. Support is not even answering. Please advise!
Pavel Shershnev1 @balajis answer my messages on facebook and twitter and in your internal chat! Let me withdraw my earnings!!! No reply for a week, here's a screenshot https://yadi.sk/i/zioE_w093SwrjK
Jumoke Lawal0 @balajis @pvutrix have you tried replying a tweet on their twitter page, that worked for me. I had issues withdrawing too, and they finally resolved the issue for me via their twitter handle, I have withdrawn twice since then
Muhammad Umer Nasim1 @balajis Sir Earn dot com support has a failure of entertaining their user and least bother to reply to concerns of their users i have raised a issue since april 2018 but till yet no response from any medium Facebook Twitter or emails. I think its a non professional behaviour
Sooraj 🌏4 Time to update my website's social links section.
Nathaniel Dadzie5 I was introduced to 21.co by a friend a while back, I thought it was a very interesting concept. Will be trying this out for sure!
Adithya Shreshti4 Brilliant! I just love what 21.co has been helping with since their launch few months ago. This is now one of those sites that just positions and convey what it does just with their domain name, great rebranding. Let me get to the platform and use more NOW. The other site that has a wonderful domain is me.me.
Jeff Osborn8 21 was a great idea, but from a branding perspective, it was pretty cerebral. 👏 for rebranding in the right direction. This looks great and will make a lot more sense to a lot more people.
Jeffrey Wyman4 Cool spin on the last product.
Oguz Bilgic2 How does it compare to Justin's Whale app?
Balaji S. Srinivasan3 @oguzbilgic Lot of respect for Justin. My understanding is that with Whale 2.0 they moved in a very different direction by removing coins, and I think they are doing Polly now, an anonymous survey app (which I think is like the tbh product recently acquired by Facebook). But I don't think they are doing paid messages anymore, so Earn.com is very different.
Frank Denbow3 Cool concept. FWIW, I didnt really "get it" from the description here or the website until the "It’s better than LinkedIn.." section. Giving it a try now
Balaji S. Srinivasan2 @frank_denbow Thanks for the feedback! We may put that messaging higher. Let me know if you have any other thoughts/questions/etc after you give it a try.
Mike Townsend3 Is it correct to say short term product goal is beating clarity.fm? What is the long term vision?
Balaji S. Srinivasan2 @mikettownsend Clarity's a cool product but not really our focus in the short term. The short-term goal is to be a better version of LinkedIn InMail. The long term goal is to have a new kind of social network, where digital currency & smart contracts are an integral component. You can get pretty far with paid email and then introduce other ideas.
Jowita Emberton3 VERY interesting idea. I loved your on-boarding and the overall design, well done :) Also, just signed up. Curious what it has to offer ;)
Rahul Sethuram3 I have been using Earn for a while, since the 21.co days. I never cashed out, but BTC went up a lot. Is the exchange rate only determined at the time of cash out?
Raveesh Bhalla3 @rhlsthrm AFAIK, no. You keep getting the BTC as at the time of the message. Your value goes up as BTC goes up.
Mighty Alex3 @rhlsthrm Let the maker explain, but I think you are wrong i.e. bitcoin rates are determined at cash out. You receive and hold the earnings in USD. For example, if I cash out today my earning through the past months of $91.55 I get ฿0.0129 that is 7,096 per bitcoin.
Balaji S. Srinivasan0 @rhlsthrm We pay you in BTC. And that’s what you cash out. So it will go up or down in USD value if USD fluctuates. It’s like having an overseas contractor who we pay in their local currency of Euros or Yen.
Rahul Sethuram0 @balajis understood, but I am wondering when the exchange rate is determined. Is it determined only when I cash out, or is each payment done at the time of answering the questions?
Josh Arnold6 Huge fan of Earn.com/21.co. I’ve had some great opportunities pitched to me via the messages I’ve received (and made some money out of replying to messages too, which never hurts!) Can’t wait to see where the platform grows in the future after building a core competency in the messaging model for now.
Towhid Zaman3 Interesting idea! I just registered. Can't wait to get verified and see how it works!
Ravi Srinivasan2 @balajis One thing that worries me is conflict-of-interest. I don't want to be paid by a salesperson who is trying to sell something to my firm. In other words, I am getting paid for an opportunity, not to perform a task (unlike Mturk). So rather than a better "LinkedIn Inmail", this could perhaps be a better way to target FB users.
Balaji S. Srinivasan0 @ravsydney So, one of the features we have is charitable donations. So if you feel there's a conflict of interest you can donate 100% of your earnings to charity. And in the future we may allow your firm to book some or all of those earnings as revenue.
David Lin0 Unfortunately it only works with work/school email. Not personal email.
Balaji S. Srinivasan0 @davidlincanada Yes, this helps us cut down on sybil attacks and fake accounts. We figured it's not that much overhead for real users to verify access to at least one work/school email account. Let us know if you have any problems getting verified!
Muhammad Umer Nasim0 @davidlincanada @balajis Sir earn dot com support and services has a pathetic way to deal the concerns for days . Support team is least bothered to reply to any concerns raised for days