Are you familiar stablecoins? I’m currently working on something that may be of interest to you. For anyone who is reading this who is not yet familiar with them, they are essentially a form of digital currency that are pegged to fiat currency like the US Dollar. So with that you get all the benefits of digital currency without the volatility. I feel people will start to hear more about them in the coming months.
This platform that I’m working on is called Norn https://norn.to/ , which provides payment infrastructure for creators. These include things like subscriptions, one time payments, payment widgets etc. Think Patreon and Ko-fi but with stablecoins (digital currency) and some extra features.
The platform has been built on a layer one blockchain called Tempo, you can find some more information about Tempo here https://tempo.xyz/
Its currently on testnet which means you are welcome to try it out without any risks, since the stablecoins have no real value, but it will give you an idea of how the platform will function once on mainnet.
I've had a few Stripe disputes in my ten years as a digital creator, but recently had one that was super concerning, and I'm hoping it's not the start of something that becomes commonplace.
A reader signed up for my founding-level subscription at $529 per year, but when I went to check out his Substack publication so I could support his work I discovered that he didn't have a publication. He also didn't have a profile pic and had no other visible activity on the platform.
Why would anyone pay me for help with their Substack publication if they didn't have one?
I reached out 4 times to the person via DM and email, but got no response.
Then, exactly one week later, bam, a Stripe dispute. From that person.
The user also deleted their Substack account.
I think this was probably a bot created to access paywalled resources, classes, templates etc., to steal them, and then vanish, also getting their money back with a Stripe chargeback.
Yes it’s a real problem! And the solutions are very limited from the purely legal side! But this experienced lawyer has some tricks in my back-pocket. See the suggestions I made in the article.
Theoretically the parties can both act unreasonably as you have presented! But that scenario is really unlikely! This is where looking at the full business dynamics really helps. Stipe is not happy to penalise its own customers! They don’t want to lose business!
And on the Subscriber side? Also there it’s a really unlikely scenario! They claim fraud once -> then the subscription ends. They can’t cause trouble to the same person twice (unless they have multiple publications)
A Subscriber doesn’t stand to gain any money from filing multiple claims… they stand to lose precious time getting involved with this … for little gain except access to premium content. And such an account would be immediately flagged with Substack.
Are you familiar stablecoins? I’m currently working on something that may be of interest to you. For anyone who is reading this who is not yet familiar with them, they are essentially a form of digital currency that are pegged to fiat currency like the US Dollar. So with that you get all the benefits of digital currency without the volatility. I feel people will start to hear more about them in the coming months.
This platform that I’m working on is called Norn https://norn.to/ , which provides payment infrastructure for creators. These include things like subscriptions, one time payments, payment widgets etc. Think Patreon and Ko-fi but with stablecoins (digital currency) and some extra features.
The platform has been built on a layer one blockchain called Tempo, you can find some more information about Tempo here https://tempo.xyz/
Its currently on testnet which means you are welcome to try it out without any risks, since the stablecoins have no real value, but it will give you an idea of how the platform will function once on mainnet.
I also have a dedicated page at to the Why here https://norn.to/why
Also if you have any feedback you can send it here https://norn.to/feedback
Stripe chargebacks ergh.
I've had a few Stripe disputes in my ten years as a digital creator, but recently had one that was super concerning, and I'm hoping it's not the start of something that becomes commonplace.
A reader signed up for my founding-level subscription at $529 per year, but when I went to check out his Substack publication so I could support his work I discovered that he didn't have a publication. He also didn't have a profile pic and had no other visible activity on the platform.
Why would anyone pay me for help with their Substack publication if they didn't have one?
I reached out 4 times to the person via DM and email, but got no response.
Then, exactly one week later, bam, a Stripe dispute. From that person.
The user also deleted their Substack account.
I think this was probably a bot created to access paywalled resources, classes, templates etc., to steal them, and then vanish, also getting their money back with a Stripe chargeback.
It's super concerning.
Has anyone else had this?
Yes it’s a real problem! And the solutions are very limited from the purely legal side! But this experienced lawyer has some tricks in my back-pocket. See the suggestions I made in the article.
Theoretically the parties can both act unreasonably as you have presented! But that scenario is really unlikely! This is where looking at the full business dynamics really helps. Stipe is not happy to penalise its own customers! They don’t want to lose business!
And on the Subscriber side? Also there it’s a really unlikely scenario! They claim fraud once -> then the subscription ends. They can’t cause trouble to the same person twice (unless they have multiple publications)
A Subscriber doesn’t stand to gain any money from filing multiple claims… they stand to lose precious time getting involved with this … for little gain except access to premium content. And such an account would be immediately flagged with Substack.