So on Tron there's this smart contract thingy called Bankroll, that was basically trying to be a sustainable ponzi, but it looks like its shrinking now, anyway that's not really the point. The creator made a dice game similar to Magic Dice that instead of primarily paying him, actually feeds bankroll from it's profits.
Once made I'm not sure how much work a dice game like this takes to maintain, but I can't imagine much and I thought it was an interesting idea for the developer of this to share his profits with his users.
That got me thinking. Facebook makes billions on ads, but how much money does it actually take to run Facebook? I imagine only a fraction of what they make. What if there were a social network that made money via ad revenue, but shared that revenue with it's users. I think with blockchain and crypto this would be possible. Imagine if there was a dividend token on Steem, that took a portion of the ad revenue and distributed it to stakeholders via that token. Sort of like how the dividend tokens from all the casino games work, but maybe attached to a Steem frontend. I think this would be a huge incentive to use that platform.
I'm not sure how the distribution would work, that would take a bit of thought for how to make it not TOTALLY gameable. It's probably impossible to stop all abuse, but you wouldn't want it to be easy at least.
I can already see the marketing campaign.
"On monopolistic social networking sites, you, the user are creating billions of dollars a year in value. Your attention and your data are extremely valuable, but how much of this value is transferred to you? ZERO. Introducing Steembook, the social network that pays YOU, because you're worth it."
Haha, okay, let's build it. I've already done all the hard part, now one of you engineers just do the easy programming it all part.
Just a bit of brainstorming, what do you all think, would you be excited about this? How would you handle distribution, stake based? Activity based?(like Partiko points) Some other mechanism? Let me know your thoughts.
oh well...excellent idea, resteemed for more visibility.
I could make it stake based. It puts more value on the currency, knowing to have a lifetime share of the reward pool, I have to have certain amount of stake, which will get me a certain percentage of reward maybe daily or weekly, however.
I will sell my house if I have to. Also, it will be awesome if the currency could be backed by a dollar or something.
Will this ever come to light?
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Yea, I think it would be a major incentive to use the service, and it could support people all around the world.
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YouTube tried that sharing ad revenue thing with its users and well look where that’s going 🤣
Simplistically we can assign post beneficiaries, is that kind of what you’re talking about or something else?
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No, I'm talking about say Steemit or Partiko sharing with users their ad revenue via a dividend token. So you obviously use partiko, imagine if based on the amount of partiko points you have you got a percentage of their ad revenue. It would be a pretty nice incentive to be more active.
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Ahh gotcha. I suppose it would be. Personally I actively avoid ads coz I hate them so much so I wouldn’t choose to take ad revenue if I had the choice.
Yeh my sinful pride is the entirety of my problem 🤣
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Thank you so much for participating in the Partiko Delegation Plan Round 1! We really appreciate your support! As part of the delegation benefits, we just gave you a 3.00% upvote! Together, let’s change the world!
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Hello!
This post has been manually curated, resteemed
and gifted with some virtually delicious cake
from the @helpiecake curation team!
Much love to you from all of us at @helpie!
Keep up the great work!
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Thanks @helpiecake! :)
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Hi @midlet!
Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 4.068 which ranks you at #3443 across all Steem accounts.
Your rank has dropped 1487 places in the last three days (old rank 1956).
In our last Algorithmic Curation Round, consisting of 211 contributions, your post is ranked at #21.
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Thanks for using eSteem!
Your post has been voted as a part of eSteem encouragement program. Keep up the good work! Install Android, iOS Mobile app or Windows, Mac, Linux Surfer app, if you haven't already!
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Magic Dice has rewarded your post with a 30% upvote. Thanks for playing Magic Dice.
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