Topic: [ANN] [ADZ] Adzcoin||ADZbuzz - page 71. (Read 156193 times)

Hi Everybody,

I'm happy to announce that we are about to push the big changes we made to the ADZbuzz platform to the live server. There will be some downtime when this happens so please be patient until all changes are made.

The main thing everybody can do now is sharing content from interesting websites so the ADZbuzz homepage gets filled up with great content. You can do this by copy and paste links in the box in right sidebar: http://screencast.com/t/iX1ZpsBtj When doing so make sure to add the right category and it will be created on ADZbuzz.

The other big news is that we have finished the hiring of new developers this week and next week 12(!) new developers will start the training in order to make ADZbuzz a top-notch social network that is ready to welcome millions of daily users!

For this we will engage our community by opening a suggestion box in the ADZbuzz lounge. What this means is that everybody can post suggestions of feature additions, design additions etc. and once the suggestion gets a lot of approvals from other members we'll add it to the list so our new team of developers can start integrating what is suggested.

So this will be kinda fun.

It will take some time for the developers to start adding features and our main developers will make the environment suitable for them to get started while they study the code. Once they are trained the new features will be added in record tempo while always focusing on quality.

And that's the key, offering a free high quality platform that users LOVE to visit every day and then all our plans are within reach. I'm sure with over a dozen developers we are on the right track to create something amazing that is capable of competing with the big established networks by offering a unique unseen twist.

If you haven't done so make sure to read the latest blog post which gives a great overview of the entire business model:
>>> http://adzcoindesk.com/the-adzbuzz-reward-economy/

So to recap:
-> Stay tuned for the update platform once it's live
-> Start sharing high quality content on ADZbuzz every day
-> Post your suggestions to improve ADZbuzz so our developers can create a platform everybody loves!

That's it for now, see you soon in the ADZbuzz lounge!

Have a great day,
Jens

PS: the coin swap is still in progress, more news will follow soon!

New coins will be added to the market every day from our profit share with the Buzz Powers. This means there will be enough coins on the market when we start the mass promo's and generate a lot more revenue.

It's true the supply will be very low and that will push up the price a lot, but it won't be that low that there won't be coins on the market since we distribute coins every day.

Ok no offence taken :-)

I don't know if that's true since we are supposed to get similar earnings in coin as of now. infact jens say the coins earning will also increase when promo begins after swap when more demand


i just want to know officially from jens as it gets confusing when other answers. no offence sir


i want to know if i am receiving for example 500 coins per day now with buzz powers


will i receive 500 coins per day even after swap



if yes how will be possible of supply is very less to give out many coins to all buzz power holders

Seems pretty obvious i think if there are 5,000 adz and 10,000 power holders you get .5 adz each and so on doesn't matter how many coins it is their price that counts

if supply will be so less after coin swap, how will you  share daily coins with all buzz power holders if for example there are only 5,000 ADZ on the market, how will that be shared with millions of buzz power holders?

the supply will be too low that there will not be many coins out there to be shared


i am still looking for official answer above can you please answer this jens thank you very much. i would prefer if you answer so i understand better


thanks again jen and all others devs + team

ok, wasn't complaining, just trying to figure it all out

that's all great but only one thing is there which can give very serious havoc and pose a substantial danger
so be careful about hacking which is very prevalent and big vulnerability factor in crypto world
steem, bitfinex, dao, mt gox, canopy wallet of bitcoin, poloniex and perhaps more about which i don't know all suffered the havoc of hacking. So please be careful jens

Please note that the concept is not ready yet, we are about to integrate the new layout on our live site but it's a complete make-over and requires time.

Here's a preview of how the homepage will look like:

> Top part: http://screencast.com/t/rkj5QO4dJY
> Middle part: http://screencast.com/t/d4xoIiOR
> Categories: http://screencast.com/t/PQnnpERhXd

Also please understand that content will not be shared from the site, but better yet content from sites that add our social share feature the ADZbuzzer to their site. This will be basically the same as sharing a post to Facebook.

The other timelines as you see now will also get a complete make-over as we are hiring more than 10 extra developers to get all details ready to make ADZbuzz a high quality social media and content discover platform.

I suggest you to stay tuned and wait for the update of the new homepage being pushed to our live server, then i'm sure you get a better view of how things will work.

I went to the site last night and signed up, based on a link from another thread.  it seems to there is a gap between the "content" part and the "revenue" part.  i am not trying to be funny.  what i mean is that there are some missing steps for me or something.  I created a post, just a link to a youtube video to start and when i go to my feed it is there.  at that point there is no way to share that specific post with the outside world.  i can share my referral link, i can share my link to my profile, but i can't get a link to just that post.  i would assume that is the idea of the site and the revenue model.  i would create a post/blog entry/video or whatever on adzbuzz and then share the link to that on other social sites and that would bring them to the site seeking the media or whatever.

as far as i can see it, you create a post and then the only direct traffic it will get is from people on adzbuzz searching and finding it.  on top of that, there seems to be the whole referral and purchase model that is not really new and not really based on content, like this thread implies.  the last thing that makes the whole thing quirky is that when i am logged in, i am presented with two choices on the home screen of what to see.  i can see my feed or the feed about the "passive income".  there is no rolling feed of everything that is being posted.  the only way for me to find a post that "you" made is through the search.  yes, sometimes i hit facebook and look something up, but most of the things i click on facebook and other sites is stuff that i would have never thought to search for.  i see these new things that people post because the front page is a rolling feed.  i guarantee that i am not the guy that would intentionally search out "cats playing with string" but on facebook there is a small chance that the video static thumbnail of those stupid cats and strings might get a click from me.  that is how social media works, new people clicking NEW things that they did not even know was out there.

That was only an example quoted.

With millions of users and publishers that we are talking about, is $100,000 per day enough? I guess I am just a little concerned because we are talking about huge numbers of publishers and users. Adzbuzz goal is to become like Facebook, correct? Well, Facebook has revenue of $40,000,000+ per day!!! I guess the good part of that is with the limited supply, that would make Adz worth a huge amount each .

I personally take it like that; how about an Adz worth 10$ and 10,000adz X 10$ =100,000 $.

I am sure distributing 100,000$ a day should be enough. Thats just a simple calculation. If a publisher can get 50$ worth of adz a month i am sure thats already an income where currently thats not the case. Jens can add on that.

hi sir also wanted to know if supply is so low after coin swap.


for example let assume it is only 10,000 coins on market. how will you share 10,000 coins with million publishers, buzz power holders for example?

Ah I get it now you assume we still use the 130% maturity right?

That's not the case, instead we simply distribute profits based on the amount of Buzz Power somebody holds for one year, no fixed percentage.

The supply simply comes from the profits distributed every day.

Sorry if I am having a hard time explaining my lack of understanding.

I totally understand the demand side, my concern is on the supply side. If we have all of these Adz tied up in Buzz Powers, where is the supply going to come from for the millions of new members? When the Buzz Powers reach maturity, they will all mature after 12 months (and I think you stated that they will be spread out for about 3 months) and the system needs to be setup to pay all of them at maturity, where will the supply of Adz come from for all of the new members? I hope this better explains my concern.

sir once again great update. i will read blog now


i think this person concern is this


if supply will be so less after coin swap, how will you  share daily coins with all buzz power holders if for example there are only 10,000 ADZ on the market, how will that be shared with millions of buzz power holders?


i think this what he means since most supply will be locked into buzz powers, there wont be many coins out there to share

Im' sorry I don't quite get your concern. The coins stored in Cashback will become available in 12 months and people will earn daily profits from our revenue share based on the amouht of Buzz Power in their account (pegged to dollars so BP 100 = $100). The coins are held 12 months and become avaiable after they never leave...

I think you overcomplicate things a bit, not much of the overall concept changes, unless you can mention clearly what your concern is bc I don't see it tbh...

I suggest you to read the latest blog post though it kinda explains where all the demand will come from and how we are creating an in-house economy -> http://adzcoindesk.com/the-adzbuzz-reward-economy/

I'm just trying to understand the numbers and something that was mentioned long ago seems to be an issue going forward. Adz are capped at a total of 84,000,000 and the current stats from the Adzbuzz site;
Total Supply: 48,018,560 coins
Stored in Cashbacks: 29,949,597 coins (12 months)

I believe this means that almost 50,000,000 of the available 84,000,000 will have already been turned in to Buzz Powers (mandated in the new system).

So, when the millions of new members join, I am not following how there will be enough coins to make the system function as described in the pdf. In theory, the system has to be able to pay out all coins at their Buzz Power maturity. I completely understand the law of supply and demand, but not sure there will actually be a supply.

I appreciate Jens response as I want to completely understand the way the system will work.