One of the bright moments of Comic-Con this year was getting to meet
Scott McCloud in person. We had traded emails and chatted on the phone previously, but I had never gotten to meet the man in person, and I don't think you can properly judge someone from electronic communication (actually, I don't think you can properly judge someone until you've gotten blindingly drunk with them, but Scott had his kid with him, so I'll let him slide this time).
So I was pleased to learn that he's a pleasant guy with a good sense of humor. Scott had apparently heard of my misgivings about his new micropayments solution, and asked me just what it would take to get me on board with BitPass (I later learned that McCloud apparently has a stake in the company, so I can understand his desire to get as many people using the system as possible).
Anyway, I explained that I was going to need some cold, hard numbers showing that the system wasn't just a flash in the pan -- that it was something that would continue to bring in money over time, and not just from a handful of people checking it out for the first time out of curiosity. Scott suggested that we set a percentage of return customers -- people who came back for the second installment of his micropayment comics -- and use that as a measuring stick. I suggested that he would need at least 50% of the people from his first experiment to come back for his second before I would consider it a success. Scott agreed, and our gentleman's bet was sealed.
Given, I think it will be fairly easy for him to get 50%, as many of those folks who signed up for BitPass still have leftover money in their accounts (unless they decide to spend it all on Rich's BitPass experiment or Jim's excellent online graphic novel). And I think there are other problems with the system -- technological and psychological -- that will keep me from calling it a complete success even if he hits that mark. But I'm willing to give it a shot if he meets the goal.
So Scott gets me to try out his pet project if he beats 50%. What do I get if he doesn't? Bragging rights, I suppose. Smug satisfaction, perhaps. But not really. Because I do really want to see this succeed. I want to be wrong. I want there to be lots and lots of ways for people to make money with comics, even if this one isn't right for me. Anyway, I suppose we'll have to wait and see how it pans out. I'll keep you up to date.