Why no crypto?

Dir.Fred

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Sep 20, 2021
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It's a matter opening up the possibility to earn more money vs the risk that you are doing something wrong and have to pay many times more money in fines. I'm running a business where I make porn games. I need my business to be as clean as possible as I'm unlikely to face much goodwill if I get in trouble.

Also, for most patreon developers splitting streams of income isn't favorable. Having patrons tends to attract more patrons so allowing for additional income streams can actually lower your overall income. I know of devs who deliberately raise their prices on itch.io to encourage players to rather spend money on patreon.
Interesting insights. Thanks. FWIW I don't think taking payments from Bitpay would get you in any more trouble than taking payments from Patreon but I do understand these things often only look so easy after you've done them. :)
 
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Zargon_games

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Jan 22, 2020
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Some time ago between some developers we considered the possibility of adding crypto as a way to fund our projects, the problem is that if I put in my game a link to my wallet for donations, it would be very easy for a malicious person to alter the address and distribute my game with another wallet for payments. On the other hand, I don't think Patreon or Subscribestar will be very happy if I put crypto as payment in their platforms.
 
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Dir.Fred

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Sep 20, 2021
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Some time ago between some developers we considered the possibility of adding crypto as a way to fund our projects, the problem is that if I put in my game a link to my wallet for donations, it would be very easy for a malicious person to alter the address and distribute my game with another wallet for payments. On the other hand, I don't think Patreon or Subscribestar will be very happy if I put crypto as payment in their platforms.
Ah I see.

Hmmm. You know you could use a bitcoin vanity address - you use some compute to keep trying viable bitcoin addresses for your wallet until one matches a prefix. So you'd end up with something like zargon3egf67etu6d..... etc.

Maybe make a logo out of a QR code? Just spitballing now.
 

moskyx

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Jun 17, 2019
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With respect sir, it is not I who doesn't "get it". :cool:

I understand everything you say about mainstream payment solutions being all cool and comfy.

I believe the "all that hassle" you refer to is debunked by my, only partially tongue-in-cheek, 'walkthrough'.

You're telling me that an existing Patreon/SS-using developer wouldn't want to spend an hour or two doing "all that" and adding an address to their intro screen?

Additional income for just that? Seems to me that anything over a few hundred bucks would've instantly made that worthwhile.

And I can't be the only person with crypto that I want to send developers here right now. Dammit I'm still ranting. Sorry. :eek::censored:
You're not ranting, you're preaching at this point ;)

Maybe you get my reasons (please excuse me for that) but then I guess you just misjudged the "industry". You talk about 'anything over a few hundred bucks' being worthwhile... well, most devs would kill just for a few hundred bucks. Most of them are earning way less than that with the mainstream methods and that's not due to a lack of payment options. Those who migrate to SubscribeStar are already out of the Visa/Mastercard/Paypal umbrella so their supporters base decreases dramatically simply because there are fewer people willing to use alternative methods - and even if they keep accounts on both Patreon and SS they are not expanding their market, they are only offering alternatives for the already existing supporters, splitting their income sources. Now you want to throw yet another alternative there, which is cool and all that, but... I'm just not sure how following your kind walkthrough is going to help them boost their accounts by getting money from people who are not willing to use the already implemented systems. If you're getting just $200 on Patreon chances are you're not going to earn other $100 after going crypto. And those who are already earning more than $1-2k... well, offering alternatives is always nice, but if you're already at that level using mainstream methods there's no real need to push for a little more if you're not so sure about what are you getting into. As far as I know, the only effective method to boost your income is releasing a complete game (or kind of) in Steam.

Lastly, if it all comes down to 'but Patreon doesn't allow certain fetishes', those content restraints are 'easily' hacked just by releasing a patch on the side -that's kind of an 'industry's standard' nowadays so, again, a vast majority of devs will just go for that instead of jumping into crypto. As a crypto illiterate (as I guess most of devs are), tweaking my game's code a bit seems way easier than setting a crypto wallet hoping just for a few bucks that, again, people could still donate me way easily.
 

Hadley

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Sep 18, 2017
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The amount of people who use cryptocurrency is super tiny. I once bought something with BIC and it was a huge hassle, also the big wallets have payment fees worse than Paypal.
 

Dir.Fred

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Sep 20, 2021
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Thanks for the answers - I appreciate the discussion; especially from the devs chiming in.

I'll (hopefully) round up by just reiterating that I have cash that I want to send developers but I don't have a credit card (personal choice) and don't do Paypal (same). If they had an address for me to send it to, I already would have done so and they'd have it banked by now. Thus far the only VN's I've properly paid for are Steam ones and that's just... wrong.

I don't think I'm alone and I daresay many potential supporters that are reticent to use credit card/subscription/tppp services for privacy reasons would be way less hesitant to directly send some people some discreet pseudonymous Satoshis too.

I certainly feel that there are opportunities here and I sincerely wish the best of luck to all devs hunting for them. :)
 
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redknight00

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Additional income for just that? Seems to me that anything over a few hundred bucks would've instantly made that worthwhile.
More like 10 bucks/mo, if you're lucky.

Plus a couple of hours spent every month doing stuff that Patreon/SS do automatically, like sending rewards, posts, and polls.
 

aura-dev

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Mar 1, 2021
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Thanks for the answers - I appreciate the discussion; especially from the devs chiming in.

I'll (hopefully) round up by just reiterating that I have cash that I want to send developers but I don't have a credit card (personal choice) and don't do Paypal (same). If they had an address for me to send it to, I already would have done so and they'd have it banked by now. Thus far the only VN's I've properly paid for are Steam ones and that's just... wrong.

I don't think I'm alone and I daresay many potential supporters that are reticent to use credit card/subscription/tppp services for privacy reasons would be way less hesitant to directly send some people some discreet pseudonymous Satoshis too.

I certainly feel that there are opportunities here and I sincerely wish the best of luck to all devs hunting for them. :)
I will give Bitpay a try, since I know there's at least 1 supporter who would like to send me money via crypto. So thanks for the link. That being said, my first google result showing that they withdrew a couple of years from Germany (my business location) because they got scared of papa state isn't too promising. But let's see.
 
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anne O'nymous

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realize I probably do now sound like I'm trying to convert. But if you saw people using pen and paper spreadsheets because they didn't know anything about those new fangled computery things (and it was > 1990) you'd probably feel compelled to mention software spreadsheets were a thing. :cool:
You forgot one point in your example, the strength of habit. They are using their pen and paper since years now, they handle them perfectly. This while, whatever how simple and easy to use it can be, they would pass their time struggling with a software, and made errors because of this. If you let them continue to use their pen and paper, they'll do it faster than if you force them to use a software.
And the same apply for every subject, including crypto-currencies Vs Paypal/credit card.
 
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Of course it does. That's a baffling statement to make. :) I guess you mean it doesn't decide anything for you, the consumer. But content producers have to accommodate their rules and restrictions - hence why some move on to SubscribeStar, which I understand has slightly looser regs. Consumers go to where the content is.

I understand there's a modest consumer barrier to entry with crypto - but it's real, real low these days. It's nearly 2022. If you don't know how to get a crypto wallet, you really, really, really may wanna think about that. No judgement - just advice, which can be taken or left. I think I heard somewhere that in some countries PayPal itself already supports Bitcoin - so there's plenty of ways to get started.

And there was once a time when people didn't know anything about Patreon or Paypal. Hashtag justsayin' etc.



Thanks for the summary. I feel obliged to rebutt for anyone passing by:
1) Doesn't matter unless you're holding longterm - there's also more stable coins and third parties that absorb that if it's a big deal for you (usually not at small scale)
2) Sure - get an exchange account. Kraken, Coinbase whatever - just send it your received coins and cash out in whatever fiat currency you live with.
3) No you don't - see above. You just need to download or buy a hardware wallet (e.g. Trezor) and to tell people the address. You receive coins directly and send them to your exchange account - it's actually easier than Patreon+banking in many ways.

I realize I probably do now sound like I'm trying to convert. But if you saw people using pen and paper spreadsheets because they didn't know anything about those new fangled computery things (and it was > 1990) you'd probably feel compelled to mention software spreadsheets were a thing. :cool:
It doesn't matter if your point carries merit, you're literally speaking in another language. Most people have no idea what bitcoin is or how it works. Most people have never heard of Kraken or Coinbase or whatever the heck those are. 191 million Americans have a credit card, with 97% of Americans having a payment card of some kind, debit or otherwise (100% of that can be used to pay for goods and services, instantly). Only 46 millions Americans own Bitcoin and some of them probably use it strictly for investing and never to pay for goods and services.
So people already have cards they are using to buy things and people are also familiar with Patreon. If I ask someone to go to a familiar website and pay me with a form that they already use everyday, it is no big deal. If I ask someone to convert their money to cryptocurrency and pay me using a method they have no knowledge about, using accounts they have never heard of, most are not going to be willing.

This is like asking why don't people just build their own computers or do their own oil change on their car. Even though those things are simple to some, to the average person they are not.
 

Dir.Fred

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Bitcoin has been around for over a decade and is thoroughly institutionalized.
I was kinda hoping my 'walkthrough' would highlight how easy it is these days.
If anyone doesn't know what those words (Kraken, Coinbase, Bitpay etc.) are, they're a Google away. I assume everyone knows what a Google is. ;)
Almost everything is new, unapproachable and apparently unnecessary until you try it. :)



Also, "most people" are often missing a trick. Who wants to be "most people" anyway? ;)
It's less about converting Patreon/SubscribeStar users and more about offering devs a third way.
 

Zargon_games

Creating Games
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Jan 22, 2020
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Ah I see.

Hmmm. You know you could use a bitcoin vanity address - you use some compute to keep trying viable bitcoin addresses for your wallet until one matches a prefix. So you'd end up with something like zargon3egf67etu6d..... etc.

Maybe make a logo out of a QR code? Just spitballing now.
I suppose that would be possible if I sold my game from my own website (maybe in the future), but unfortunately renpy is really bad in security and it would not be feasible to put my address there for donations. Anyway the vanity adrdess is not a bad idea, a while ago I'd created one with the first letters of my name to see how it worked.
 

imelman

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May 15, 2018
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The bitcoins, NFTs, and many things that are based on speculation are bound to be one-trick ponies that benefit only the luckiest people, only those with loads of money to begin with, and worse than stock markets themselves, because while they are well, a risk that you took because you knew it, bitcoins and NFTs are something you cannot be safe or predict at all, you little money might be suddenly be a lot, or a lot of money will be all for nothing, and all can happen in a matter of days, making them questionable if not outright useless for ordinary person especially due to legitimate payment services refusing them for obvious unstable reasons.

NFTs however, are even worse than crypto in general, because it is literally an "art" that gives a possibly fake license that you might not even own, often drawn in a way that focuses on "value", like a golden statue or a literal golden bar used in banks and claiming it is valuable enough while it is just an image/model, and even gaming is cashing on it, with games that advertise them as features, if not outright selling them directly and claiming you can make bank like gold farming but actually worse, and ponzi schemes of the past that are somehow evolving to use NFTs instead.

Basically, if people like playing markets and turn fun games and such into purely profit focused time spending, like how people trade virtual items in TF2/CSGO for profit but at least those are generated by players themselves no matter how questionable they may, it's all comes back to first point - money, if you have it, you can make more, if you act smart...until some person decides to play your mind in order to get more from you instead, if not outright scam you, the worst element that makes digital markets so dangerous for anyone without precautions. The house always wins in general.
 
Apr 18, 2021
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Bitcoin has been around for over a decade and is thoroughly institutionalized.
I was kinda hoping my 'walkthrough' would highlight how easy it is these days.
If anyone doesn't know what those words (Kraken, Coinbase, Bitpay etc.) are, they're a Google away. I assume everyone knows what a Google is. ;)
Almost everything is new, unapproachable and apparently unnecessary until you try it. :)



Also, "most people" are often missing a trick. Who wants to be "most people" anyway? ;)
It's less about converting Patreon/SubscribeStar users and more about offering devs a third way.
A decade is still fairly young as a form of payment. It doesn't matter if it is easy and you don't need to convince me. You need to convince the roughly 300,000,000 people in the USA who don't use crypto. That disparity is probably even larger in the rest of the world. No one wants to run a business where only 15% of customers have money.
When an average person can walk into Walmart and buy a prepaid bitcoin card with a green $20 bill, and have it be worth the same thing a month from then, the currency will be "there", until then, it is not.
 

Hagatagar

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Oct 11, 2019
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I assume everyone knows what a Google is. ;)
Not so sure about that. If that were true, people would be much more able to educate themselves about all kinds of stuff and wouldn't always act all stupid.

And to be fair, gathering usable information about stuff someone has probably no real knowledge of is not an easy task. Especially on the topic of CryptoCurrency you will find all sorts of inadequate or wrong informations (too many so called "experts" out there) or it's written too complicated for a lay person. Then it's real work differentiate and validate the informations.
 

fidless

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Of course it does. That's a baffling statement to make. :) I guess you mean it doesn't decide anything for you, the consumer. But content producers have to accommodate their rules and restrictions - hence why some move on to SubscribeStar, which I understand has slightly looser regs. Consumers go to where the content is.
Most creators don't have any issues with Patreon. Not everyone makes loli, incest, rape stuff. The TOS rules are simple enough.
Also, it is hard to cash out and the currency is not stable enough yet. ~3-4 years ago it was dropping between 2k and 20k range and it still fluctuates greatly every few month. I've seen with my own eyes how one of my coworker's at that time savings in crypto dropped by -80% one day. Not everyone is ready to take such a risk.
But most important thing is - Patreon has a huge user base that says they are not willing to start using crypto. The average person does not use crypto and that's a deciding factor for devs.
For the same reason I shut down my subscribe page. People were saying they would support me there, but for 2 months I was there not a single soul joined to support and maintain 2 sites was extra work not worth the time.
For most, there's just no big reason to start using crypto. Locally people are still discussing which banks allow to cash out crypto, would I need to change my bank? I don't even use local banks because of higher fees and currency exchange nonsense. Opening new banks, losing $ to extra fees, worrying about the today value of my saving which can fluctuate between 50%... for what? Extra 20$/month perhaps?

But it is an option I guess...

I'm not saying it's bad, I guess that's an option I should consider in the future, but it will take an extra few years for me to care about crypto.

I suppose that would be possible if I sold my game from my own website (maybe in the future), but unfortunately renpy is really bad in security and it would not be feasible to put my address there for donations. Anyway the vanity adrdess is not a bad idea, a while ago I'd created one with the first letters of my name to see how it worked.
That 100% would happen. Actually, some sites do that already with support links provided. Using crypto would make it even more easier to mask their activities.
 
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anne O'nymous

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Bitcoin has been around for over a decade and is thoroughly institutionalized.
Planes have been around for over a century and are way more institutionalized than bitcoin since everyone know they exist, what they are for and, globally speaking how they are doing it ; three questions to which probably 90% of the world wouldn't be able to answer regarding bitcoin.
Does this mean that anyone can own one and use it to fly wherever he want, just like that, or do people still need to firstly be taught, then understand, how it works ?


I was kinda hoping my 'walkthrough' would highlight how easy it is these days.
I owned my first computer in the 80's, I past the last 25 years working with computers (mostly as system/security admin and developer), and I know what crypto-currencies are and how they works. Yet I'm not sure to have understood your walkthrough. So I guess that the 75% (if not more) of members who aren't this familiar with computers will not really do better than me.
 

anne O'nymous

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[Sorry for the double post]

If you're getting just $200 on Patreon chances are you're not going to earn other $100 after going crypto. And those who are already earning more than $1-2k... [...]
What he don't get, is that it would change absolutely nothing.

Since crypto-currencies can't be used to pay day by day expenses, everyone who can pay with them could also pay with anyone of the default payment processors. Therefore, if they aren't giving yet, there's absolutely no reason that they'll start just because they now can use crypto-currencies, period.
 

Agent HK47

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Mar 3, 2018
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I have pointed this out as often as I could: bitcoin is unbannable and censorable.
I'm just gonna break this to you now: Bitcoin (and crypto in general) is only "unbannable" right now, because only a miniscule fraction of the population actually use it. The moment it starts becomming a threat to the banks, it will be shut down. HARD. The government doesn't like what it can't control, so crypto won't remain unbanned if the banks are threatened.
 

Girm Ork

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Aug 15, 2019
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Obviously, because there are not enough potential customers to pay you this way.
Well, if you are making something really illegal, you could try crypto because "shady" people are accustomed to it. You know, people are buying drugs and weapons and nobody is complaining about how hard is crypto to use.

Also, another option is to turn your customers into investors by using NFT. I have an idea: https://f95zone.to/threads/nft-for-paywall-content.98733/#post-6883521
Don't know if it has any practical use, but I think it is more interesting for customers than crypto donations.