“This event was off the charts”
Gary Vaynerchuk was so impressed with TNW Conference 2016 he paused mid-talk to applaud us.
McComas has since raised about $3 million for his new site, ‘Imzy,’ which launched earlier this year. Currently, the site has groups dedicated to video games, music, movies and over 400 others.
Imzy aims to use these channels as a way to give content creators a place to interact with their fans through sharing and commenting.
Individual users and moderators can also earn monetary tips from users, a nice way to incentivize those that consistently find — or create — new and interesting content; something Axe body spray should look into.
These tips are also the site’s primary means of monetization. Unlike Reddit, McComas says, Imzy will not rely on advertising to pay the bills. Instead, he hopes that taking a small percentage of on-site transactions, user donations and creative alternatives such as merchandise sales, or perhaps even classified listings down the road could further fund the project.
At its core though, Imzy wants to provide a safe place to share and discuss without the fear of being harassed, a problem Reddit has struggled with for several years. McComas says, while social sharing sites like Reddit do a great job of growing to scale, they often “attract harassers” and it becomes ingrained in the site’s culture — something I think any Reddit user would have difficulty arguing.
According to McComas:
“When they reach scale they find these problems and eventually try to address them, but you can’t address that in retrospect.”
Addressing the issue before it becomes a part of the site’s culture is what McComas hopes to accomplish with his new warmer, fuzzier Reddit. Whether that can work at scale remains to be seen, but anyone that’s ever been annoyed by the level of harassment on Reddit can certainly see the benefit of McComas’ vision.