I stopped looking into Odysee after I heard LBRY was shutting down. There doesn't seem to be much transparency on what the future of the site is. Also echoing the concern that some have already raised, the complete lack of moderation is a double edged sword that seems to have fostered a home for right-wing extremists.
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There is moderation, the ability to report content and comments, and community guidelines. Odysee having a complete lack of moderation is a myth, and I have personally had content removed by moderators before by reporting it.
How do creators generate income? Is it just Patreon type stuff? YouTube is probably one of the few services I actually don't hate using other than its terrible algorithm.
I've never cared to generate income on my own channel, so I'm not sure how all of it works. But the main way that I know of is through channel tips. There's a ($ Support) button below every channel and content upload, which lets you directly tip the creator. You can use Patreon or anything else if you want to, but the functionality is built in. Odysee gets a 5% cut of all the tips sent to channels. There may be other ways of making money, but I'm not aware of what they might be.
Edit: Heres's their help page about monetization: https://help.odysee.tv/category-monetization/
This is extremely helpful! Thank you for the insight.