You are viewing a single comment's thread from:

RE: Get Paid to Watch Videos You Want to Watch? A Blockchain Based Youtube Alternative That Rewards the Viewer in Crypto!

in #money3 years ago

And the blanket argument against "post to earn" is very dumb imo. Yes, pay to post can be bad if done wrong, but if done right it can go viral. Axie, their motto is "play to earn" and that is what set them to go viral and quickly rise to a top 100 crypto. We have to be smart about how we do it, but "x to earn" is the future of web 3, and we are built for yet, just a loud minority are against any form of it, which is too maximalist for my taste. I look forward to post to earn skins with their own token eco's, also them having large hive stake to upvote creators bringing value to the platform.

Sort:  

Dude. To put it simply. I get it, and I'm all for big business. It's the execution that matters. Some people just can't see the how.

A fine line between rewarding content with actual value and people taking the system for a ride with shitposts.. For sure.

Do you realize when I say 'consumers', we currently call those curators? When I say consumer reward, that's curation reward. But the curators now, aren't really consuming. Too busy creating content, trying to fill both roles. But if you have a dedicated and growing ACTUAL consumer base, shit content naturally gets ignored, while quality rises to the top. Plenty of real world examples to base this off of. And also, someone filling the role of dedicated consumer (a dedicated consumer would be like an account on Youtube that doesn't have a channel, but they're part of the 100k views, hitting the like button, and can be seen in the comment section) buys tokens. Normally we'd call that an investor but I'm calling it a consumer. And I mentioned in another comment if I had a large outside market I could simply demonstrate, meaning I don't require any hardforks or new shiny dapp or nothing. No changes, nothing. In essence I'm simply framing it in a way that would make more sense to the normal people of the internet. The way these concepts are sold now, based on what I've heard and read over the years from our local experts, is akin to selling a car but only talking about the fuel lines. We already do the things I'm talking about, proof of concept exists, and has for years. People argue they won't pay out of pocket for content. Yet we all do. If I buy Hive and upvote, that's coming out of my pocket, just not in a traditional sense. What I've been talking about for years is so simple, and we do it, yet people argue or think I'm trying to reinvent the wheel, or just think it's stupid. It's so strange. It's like they were given an object and told it's red, so explain it as red, but I can clearly see it is green. Same object though. LOL. This has been eating away at me for years. Am I speaking French perhaps?

Loading...

We're still kind of yapping here. I don't like "curator", "curation rewards," I'd change it to 'consumer' when marketing. I asked my fifteen year old, "In general, do you know what a curator is?" No. And she didn't want to be one either; as she's glued to her device agreeing it would be cool to earn even a few cents for just doing whatever. Then I found out she spent over $200 on that damn Fortnite game. Doesn't even play it anymore. Told her could probably solve that problem, too.

I search 'curation rewards' and I'm given some outdated nonsensical mumbo jumbo, that was published here and there.

I search 'consumer rewards':

"Loyalty programs have proven themselves as one of the most effective tactics for increasing revenue and inspiring customer loyalty. As many as 84% of consumers say they’re more apt to stick with a brand that offers a loyalty program. And 66% of customers say the ability to earn rewards actually changes their spending behavior." source

I mean, yeah, I know, but there's some numbers. I don't really need shit to back me up though. It is, what it is.

Also. I can't even sell my dad an NFT. I started showing him the steps and he started falling asleep. The amount of red tape between me and the consumer is so thick, many can't even see the art.

I'm not complaining. I'm also not selling any NFT's. But I could streamline the shit outta that, too. Create a business model for dummies. We even have a stablecoin, which is needed for this. I wouldn't even care if mine sat on the shelf. Just bringing the consumer closer and watching folks succeed is good enough for me. Same with this whole Hive thing. Really want to see people coming together.

We should create a front end that encourages consumers to tip content. Gamify it make it the entire experience, like Netflix kinda. It would be cool to power up some Hive. They just deposit crypto-like they normally tip, and from there, they subscribe to content they like, and the upvotes flow automatically in the background. They can unsubscribe anytime, and the votes stop. Have a UI to see how much they've tipped and to whom, and allow the content creators they tip to see it too. Add fun stuff like badges. If you wanted to help me, id throws some funds at it, throw creativity at it, some devs will work the code magic and see where it goes. Can even hire some of them tik tokers to promote the idea after it's finished.

Is the tip in this instance just a vote, based off staked tokens, simply rebranded? I left some comments here somewhere about why people aren't tipping even though they have the option, and that's simply because the deal the consumer gets staking and voting in order to achieve the operation of 'tip' is a far superior deal. A no brainer. I've said a lot all over this post. Even just finished breaking down how I'd start from scratch here as an unknown with a large outside market, highlighting how to decentralize one's own support system as well. Check it out and call me crazy.

What we really need to do is sit down, and gather these scattered thoughts. Much of what I've always had in mind could be achieved, without changing anything or taking anything away or adding anything or interfering with anyone. There was a path laid out for us from the early days and I just can't figure out why we keep walking on it the same way. Taking existing concepts, rebrand. Simplify.

Yes when I refer to tip I refer to upvote. I believe upvotes using PoB inflation will replace tips as we know it today.

You see it. Good.

Random thought: Tips. Becoming quite common online but a rarity at the same time. We notice they're occurring because they stand out from the crowd, but, of all the people there, only a small amount actually tip. That ratio will never change, unless something changes, like adding a perk. Okay so what do we have here? Potentially no middleman taking a percentage, making the money less valuable, is probably the only difference I can think of, and it's still cool, but that can't really be sold. People clearly don't give a fuck about that percentage they lose. It's kinda nutty because that middleman in some places is one of the greediest bastards alive. But what better options does the consumer have?

So I bring up this form of tipping where the consumer stakes, then votes, as we do. The consumer won't spend a lot just to have a large orca vote so they can dump dollars all over the place every day. But what they can do is first accept the fact they aren't actually spending money. All they're doing is taking their cash from bank account and placing it in their Hive account. So from that point you've provided the necessary perk to entice more consumers to tip. A lot more. So instead of receiving sporadic large tips as a rarity, you're receiving several small tips commonly. The common small tips add up to be more over time than the rare 'traditional' tip.

Dude. We already have several front ends that encourage tipping. We just call it something else and pretend we're not tipping.

Large votes are acting more like promoters. Outside consumers come inside and spend money if what's being promoted looks cool. But that's another essay altogether.

Let me frame this a little differently. With what I just said, I've created massive demand for a crypto, and the people buying it aren't even spending money.

I don't know why no one thinks in terms of building a semi-blockchain-based social media app. Not everything should be stored on the blockchain and not everything should stay immutable (chat included). For the most part, I think it would be awesome to provide an ability for users to switch between "normal" mode and blockchain-based mode. Or if it's easier to build, simply have an option on your site, where you can switch between like and upvote...

Monetary rewards kill the social element, but if we allow people to choose their preferences, it might get easier. Given that most people consider regular posting as shitposting the market should self-regulate.

If you see the majority not taking rewards on some stupid posts, neither will you. The culture will change.

We just need to make Hive fun

This consumer class I'm talking about, which we currently neglect (everyone signs on and wants to get rich, then quits, not realizing they could stick around to consume, earn rewards that way, for something they're good at naturally), they would fit in well posting "shit" and not caring about earning 'the big bucks'. There's room for both 'shit posts' and the greatest thing you ever seen and someone straight up worked hard on in order to earn. There's no culture here that knows about that consumer role, where they have no intention of ever being a content creator. That class is what makes up majority Youtube accounts for instance. You see them having fun in the comments all day long. That's the content they create. People here for the longest time go without comments under their posts. Why? We failed to develop a consumer class. The market the place 'create content, get paid' so people show up, look around, and try to be a content creator. Or complain that their social media like selfie post and status update only earned 20 cents. Who the hell is going to buy a selfie? Or who the hell is going to buy a tweet? But earning 20 cents for something akin to a tweet is pretty cool if you ask me. And people need to know that's okay. Just chill out. Enjoy the content. Talk about it. Talk to each other. Earn a comment upvote from someone like me. Even a ten cent vote is more than all Youtube consumers earned all year. I offer a better deal than the biggest platform on the planet. LOL.

not realizing they could stick around to consume, earn rewards that way, for something they're good at naturally

If they came here for the rewards I assume they see nothing outside that...And I can't blame them.

Not to even mention that you need to be careful around this place not to get fucked by someone who has a bigger stake. All these small things are obviously preventing #Hive from becoming a fucking giant. Most things around here are artificial, the fear of retaliation is way too big.

Don't know man, we need something to boost the fun - even if you don't get rewarded for "contribution".

I don't subscribe to that big people small people mentality.

we need something to boost the fun

I tried. Others have as well. We don't need to build a new platform to cater to every need. Just make a decision. This is getting ridiculous. All the people here have freedom to use the platform as they see fit. There's no one way. Apparently people have trouble navigating freedom. They need tutorials and guidelines. They need someone in charge to show them the way. They need prompts. If people want a place that's fun, go have fun. You talk like that and try to instill fear in people, sure, it's going to be a shitty place. People need to take some responsibility here for their own shit. That would help a lot, too. Just do your thing. I don't see what the problem is, aside from this disturbing lack of interest in attracting consumers. That part is fucking eerie.

And you sound like I should force myself to have fun when there's no fun around