RE: [Witness Talks] Advertising as fuel for the success of the Blurt network

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[Witness Talks] Advertising as fuel for the success of the Blurt network

in blurt •  25 days ago 

IMHO it's frontend related so I can imagine some possible ways.

  1. You can add FE (owner account) to beneficiaries and price is provided by FE owner. Ex.
    beblurt 5%
    blurt.blog 2%
    blurt.XYZ 1%
    post owner 92%

so you can easly select on which FE your post should be pinned and you can do it for multiple. It sounds good for content creators. But it also means that ads owners are not paying as their posts are not genereting blurts.

  1. As shity posts are not generating much of blurt tokens and beneficiers are earning only % from the post. This option sounds better. You just sending blurt to FE owner and your post will be pinned. It gives possibility to have different prices on different FEs (ex. based on unique users) and also this solution is simple. So I can image that thos way. FE is downloading last transactions ex. (3days), based on MEMO are looking for posts. Post is pinned on top.

there is one additional option which is a mix of those and if post generated enough for beneficiers you will receive chargeback.

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  ·  25 days ago  ·  

And next year:

BeBlurt 7%
blurt.blog 3%
blurt.xyz 1%
blurt.abc 1%
witness lounge upgrade 16%
blurt.meta 4%
slush fund 2%
improvements 6%
staff christmas party 3%
blurt.microsoft 7%
post owner 50%

  ·  25 days ago  ·  

you dont need to add them. It's only if you want to be pinned. Also it will be great if FEs will support easy way to add that. Because it might be difficult for a user to check where and how much.

  ·  24 days ago  ·   (edited)

I don't like the % system from a post because here you have a situation where your post can earn differently and besides, it defeats the purpose of advertising. We don't want to continue to drain the prize pool for someone else, but to make Blurt, which already exists, circulate and be a real means of payment for services, so that it becomes more desirable on the exchange and also so that it is partially burned in these transactions and, for example, in advertising. In this way, the blockchain will start earning for itself.

People need advertising, that's for sure and they are able to pay for it... and it's really a lot. I know because I myself dealt with advertising for a few clients on FB or Google. However, a person can spend on this the amount of our entire daily turnover on Probit.

This is a real and very desirable service all over the world. There is no point in reinventing the wheel here, just offering them what they are looking for.

Perhaps there should be two methods?

As a simple blogger/content creator, I want to advertise a piece of content I created that is about a current affair.
I only want that post to run for the voting period. So percentage would definitely be more appropriate because typically the content would be irrelevant after that time.

But lets say I'm a big podcaster such as Joe Rogan with a lot of "evergreen" content. Stuff that always stays relevant. I would want to advertise that stuff all the time to get people to come to my site and see the ads from other sponsors and all the other stupid stuff podcasters do now a days.

Which leads into the next problem.

They are posts on a blockchain. Meaning they are permanent. Yet they can only receive rewards for a short period?
If we want people to take Web3 seriously there has to be a way for people to continue getting rewarded for "evergreen content". Content that will always remain relevant and hold value. If the content still holds a value to someone that is willing to pay for it then it should still be rewarded. IMO that is the number two problem that no one ever talks about.

Personally, I absolutely despise advertising in general. But I do see a need for it for individuals to get their products (content) out there. If ads are done respectfully, tasteful and relevant to what is on the page then I am fine with that.
But I dont like having an irrelevant ad for an irrelevant product shoved in my face when I'm trying to consume content.

  ·  24 days ago  ·  

Secondly, in the way you say you can only promote new posts.

last thing If it is not burdened with the risk of losing blurt then everyone will reach for it and immediately fill the advertising space. No risk no responsibility. And if you pay let's say 100 blurt in advance it means that either you have premises that what you pay for can pay off or you don't do it ;]