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I think that the fundamental issue that you're going to run into as that as things stand, the Fediverse -- and especially the Threadiverse, lemmy+kbin -- is smaller than similar social networks. And it's probably a good bet that any kind of income scales up with with audience size, and cost likely doesn't.
So whatever you do, I suspect that one of two things are going to be true:
It's something that violates ToS on other social media and so can't be done there.
It's something that is also being done on other social media, and you're just also doing the same on the Fediverse to expand reach a bit.
Yeah, from what I have seen from everyone, donations are probably one of the few ways people can really get around all of this.
What is fair enough, even for creators as they normally take sponsors or shout out there Patreon, Ko-Fi or other way of donating to them.
Just unsure how that would with short-form content if TikTok goes away and @loops grows for those finding an alternative.