Dating sites economy
People can search, view profiles and express interest (by sending a “kiss”) for free.
Only when they wish to augment their profile or interact with someone do they need to pay.
That’s a lot of money spent on love, especially if the site is number one.
Dating sites are commonly ranked by revenue and number of members. e Harmony, for instance is one of the industry’s trendsetters.
“I work hard at being this,” meaning someone who can charge 0 an hour for sex. “Almost all of my friends do some sort of sex work,” says Katie, 23, a visual artist in New York. It’s almost trendy to say you do it—or that you would.”“It’s become like a thing people say when they can’t make their rent,” says Jenna, 22, a New York video-game designer.
Her adventures in “sugaring” started three years ago when she got hit on by an older guy and rebuffed him, saying, “Look, I’m not interested, so unless you’re offering to pay my student loans,” and he said, “Well . “ ‘Well, I could always just get a sugar daddy,’ ‘I guess I could just start camming,’ ” or doing sexual performances in front of a Webcam for money on sites like Chaturbate.
The blockchain is home to repositories of value-laced recordkeeping, but are we on the verge of witnessing technologists, cypherpunks and hackers swapping tokens for dates?
Matchpool, a new decentralized social network has a novel approach to modernizing the age-old ritual of courtship.
Not only are they profitable, in 2008, online dating sites were credited with helping set-up over 120,000 marriages. Unknown to many, these sites typically generate more revenue than online pornography, despite the discovery of occasional scandals.
Matchpool has a vision that open systems can nurture collaborative matchmaking and turn communities into vibrant marketplaces for networking.
Matchpool’s protocol will balance more controlled access to sensitive user data, while also enabling pool operators to build geolocal versions of Millionaire Matchmaker, The League, Meetup, Craigslist and more. The dating use case is just a beachhead market; and for practical purposes, owners can customize and operate pools tied to virtually any interest.
Owner-operated pools provide a number of competitive advantages, including unique marketing messages and the opportunity to adhere to the complex location-based nuances and cultural norms for dating and networking. It is hard to slot love into the economic principle of the Big Mac Index, where costs are factually comparable.
The value of love and happiness is quite high although theorists generally fail to bridge the worlds of monetary value and love. Similarly, the cost of does not equal a users expected value, it is just a cost for the Company to monetize its services.