Data on WagMedia's Paraverse Content Creators Guild: January - July 2023
I. Overview
This article examines the data on production and payouts within the Paraverse Content Creators Guild (“Paraverse Guild”) from January through July 2023.
Originally led by CSaint (@csaint02), the Paraverse Guild focuses on producing original content on parachains, governance, and general principles in the Polkadot-Kusama ecosystem. The Paraverse Guild is a continuation of a unit that was previously part of WagMedia’s Bounty #12, and continues to use tools developed by WagMedia (@thatMediaWag).
The Paraverse Guild was approved for funding via Kusama’s OpenGov in January 2023 (https://kusama.polkassembly.io/post/2089). The guild received 2,547 KSM in funding, with approximately 60 percent budgeted for content payout (paid to independent creators after submission of content) and 40 percent budgeted for costs to operate the guild (paid to directors of the guild to evaluate content, award payouts, and other tasks to manage the guild and treasury).
The data on content production and payouts are based on a native spreadsheet for WagMedia’s Paraverse Guild treasury, reported publicly on https://report.wagmedia.xyz/. The data for this article cover the period from January 31, 2023 through July 27, 2023.
The data and calculations reported in this article are not audited, and certain numbers are approximate and subject to different interpretations and potential errors. Please let me know (@vampsyfear) if you see any errors.
II. Content Production and Payouts
From January through July 2023, 69 content creators produced 496 original content for the Paraverse Guild. In total, the Guild paid out 790.10 KSMs for these 496 content, with an average payout of 1.59 KSMs per content. In terms of USD values, these payouts correspond to approximately $26,139 in total and $52.70 per content, based on a conversion of KSM to USD using the KSM:USD exchange rate on the date of payout. Each content takes the form of a post (e.g., Twitter / X), article (e.g., PolkaVerse, Substack), and/or video (e.g., YouTube).
The distribution of payouts is reported in the figure below. For example, content in the top 25 percentile in terms of KSM payout (124 out of 496) received a payout of 2.00 KSMs or more, which implies that 75 percent of content (375 out of 496) received a payout of 2.00 KSMs or less.
Each of the 496 content produced within the Paraverse Guild was evaluated by CSaint, 0xgoku, Dodow, and Jay as reported below. For example, CSaint reviewed and awarded payouts on 347 content, and disbursed a total of 567.30 KSMs through the WagMedia tool. Content created by the director is evaluated by another director (e.g., CSaint’s content is evaluated by 0xgoku, and vice versa). (The total number of content evaluated is slightly above the number of content produced because some content was evaluated by more than one director. The KSM and USD values match those reported above. The 0.01 KSM payout awarded by Jay looks like a test transaction.)
III. List of Top 10s
Top Content
The “top 10” highest paid content, reported in the table below, received a payout ranging from 8.80 to 12.00 KSMs. (Technically, 11 as the first was for a lump sum payout for a set of 8 YouTube videos and some of these content have multiple formats, e.g., thread plus article). Appendix I provides the live links to these content (Twitter or YouTube).
Top Creators
There were 17 content creators who produced 10 or more content for the Paraverse Guild from January through July 2023, as reported in the table below.
There were 16 content creators who received a total payout of 10 KSMs or more from January through July 2023, as reported below.
IV. List of All Creators
The list of all creators who received a payout from the Paraverse Guild from January through July 2023, as well as their content production and payouts, are reported below.
Appendix I: Links to Top Content
https://www.youtube.com/@KryptosChain/featured
https://twitter.com/pitcoin_/status/1622923860822618113?s=20
https://twitter.com/csaint02/status/1668233761337794561?s=20
https://twitter.com/vampsyfear/status/1603641966759186432?s=20
https://twitter.com/0xgoku_/status/1617461610423160833?s=20
https://twitter.com/csaint02/status/1621580581166350336?s=20
https://twitter.com/0xgoku_/status/1634232425348997120?s=20
https://twitter.com/csaint02/status/1675882495907344385?s=20
https://twitter.com/csaint02/status/1633822169062051841?s=20
https://twitter.com/Cris_Pap8/status/1623011835027894287?s=20