I have read the pdf and all of the questions and answers on this thread and in Adzbuzz, so I basically understand the concept behind the new update. Still not sure how I feel about it, but I have been in from the start and will continue to support the project.
My question is about getting new people to join Adzbuzz. How are they going to earn and profit if all of the Adz1 are stored for 12 months and Adz1 will no longer be traded on the exchanges? Just trying to figure out the incentive for new people to join "in the millions" that has been quoted many times by Jens and will be needed to make the project a success. Not doubting the project, just trying to fully grasp what is going on.
I can answer your questions here (please correct me if I'm wrong Jens)
Now it's not Adz1 that will be locked it will be Adz2. Adz1 cannot be traded or used after the swap. The ones locked in now are Adz1 but are automatically swapped to Adz2 after swap. But the Adz1 in your wallet must be used to buy buzz powers to be turned to Adz2 at swap and the spare ones you could either sell to Jens/the company for bitcoins at the market rate or sell it on exchanges.
Adz2 will be traded on exchanges, but the supply will be so short out there on the market that the price will greatly increase than what Adz1 is today at cents. So as an investor, a person buying Adz2 in the future will behave just like for example buying Adz1 now but at a higher value due to limited supply out there thanks to this system. The daily profits can be cashed out everyday from the buzz powers but not the initial coins inside which will be locked till 12 months and then you have the option to withdraw them or buy buzz powers or partially withdraw them and partially buy buzz powers etc...
And all of this aside, the concept of this project/business doesn't change. Most of us here in crypto land are investors and want to earn more from our money. But the business itself will stand fully to what it's being built for which is REWARDING publishers and its sharers.
People with buzz powers can also earn ADZ directly to their wallets for sharing quality content too when the time comes (after launch)
And the next phase how the business sustains itself is by selling advertisement (exactly how Facebook, Buzzfeed, Google and most of these big companies make their money)
The goal is to connect advertisers, publishers and sharers together. Sell advertisers the traffic they want, reward publishers for their quality content and reward the sharer as well.
The above is the core of this business and it stands for, however there will be other things built within the platform. Such as an in-house auto exchange like gdax/coinbase where a user who buys any products, their money or bitcoins will automatically convert to Adzcoins and vice versa when it comes to selling.
Then an upgraded version of the payment gatewat ADZbuzz Pay which already works but there will be an improved version.
An Adzbuzz marketplace similar to fiverr which sells digital services.
All of the above is what this business is really about and the coin is the fuel that will back this business. We investors are merely just a small fraction compared to what this business is really about. And because of thise business model, the coin's value will explode due to the demand and limited supply.
The coin itself will be useless if it was not backed by this kind of business/platform.
And lastly Adzbuzz will be Incorporated with the SEC making it legal to run as big businesses such as Facebook for example. That should give everybody security and a piece of mind that the project here means business and isn't going anywhere
This was a long post and I hope it explains well
