New Social Option: Pheed

I am starting to see some discussion of Pheed, so I decided to check it out.

Pheed is a social media platform that soft-launched in August 2012 by a group of friends from the technology and entertainment community. With Pheed, you can set up a channel to share text, photos and videos, voice-notes, audio clips and live-broadcasting.

You can set up your channel to be free or share it for a fee to subscribers. From the website:

Pheed gives you the option to monetize either by applying a monthly subscription fee to your
channel or setting a pay-per-view live broadcast event. In both cases, you select the pricing
and earn directly.

Setting up a channel is as easy as any other social site. Determining the value of this new channel will be up to you.

If you give it a try, please share your observations here.