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I came to understand it as users of the app willing to put a price on their visual attention, giving advertisers the ability to bid on users' attention based on
by knrz 9y ago
I came to understand it as users of the app willing to put a price on their visual attention, giving advertisers the ability to bid on users' attention based on the users' own tolerances, and then it all becoming an ad bidding network.
Except the marketers would pay you money (I guess, the coin) to show you the adds, and not say, a TV network.
I'd probably put a high price to my attention — $5 per second. If I get an ad maybe someone messed up, but I get paid dearly. A lot of people I imagine would be down to get paid some fraction of a cent per view, probably seeing more ads, but also probably making enough revenue for a handful of coffees every month.
Here the blockchain is the distribution network.
- hn_throwaway_99 9y agoI'm quite positive this EXACT idea (pay people to watch ads) was implemented by more than one dot com fucked company around 2000. I hypothesize this scheme will be as successful. It's kind of amazing to me how the current blockchain/ICO bubble is almost an exact repeat of the original .com bubble. Back then, it was anything and everything "on the internet", and now it's anything and everything "on the blockchain". Of course, some of today's biggest companies were birthed from that .com bubble, but the vast, vast majority of them crashed and burned. I suspect the same will be true of the blockchain bubble.
- otp124 9y agoIt's probably difficult to prove that the human actually saw the ad. I would just have a script 'view' as many ads as possible and earn the $ Haven't read the paper to see if they solved that concern though.