Topic: 🔥🔥 [ANN] Answerly App 🔥🔥 - PLATFORM LIVE - ⚡Blockchain based Q/A platform.⚡ - page 2. (Read 354 times)

And ads. I see that the pro packages include a "no ads" benefit, so there is a plan to populate the site with ads. It's not something wrong, though, just pointing out the obvious.

Like @mandor, I am also curious about spam filter. One thing that keeps crossing my mind is how you plan to prevent people from abusing the system by asking "what day is today?" or "what number comes after 1?" to reap the reward.

i guess these questions can't be answered right now. we will see the interest of people as time goes by. they need to promote it, of course. but look at how many people are using quora or yahoo answers everyday? if they found out this app that they can earn rewards, it may be attractive to them. and its value will be determined by supply and demand.

btw, ive checked your website and there are sections that still need to rectify and still some parts not covered here

So basically, the only use case for ANSR tokens is to purchase level upgrades on your platform? What if there's not enough interest?
What if it isn't profitable to spend your time and energy purchasing tokens to buy level upgrades? If a crypto-currency has no intrinsic value, what is it?

Since i repeatedly see "best answer", is there no "best question" selection? So the user is free to ask anything regardless the quality of the question? There should be an anti-spam filter that will reject repeated questions, or some kind of reduced in reward if asked repeatedly, of course this weakness will be exploited by people later.

Hey, thanks for asking.
So, here's how its supposed to work.

There are a few important factors that will come into play. We have calculated this entire system very carefully.

For asking question: The users will be rewarded 0.2 ANSR tokens *after* the "best answer" is selected on any question. For instance, someone just signs up and start adding questions on Answerly. He still won't earn anything, unless those questions are answered by other users because the best answer reward and question reward will be distributed at the same time (please check question locking section on the WP). The reward for "asking questions* is fixed (0.2 ANSR) no matter what user level your account has.

Answering reward: This reward depends upon the user's user level. Levels range from 1-5. A new user starts with User Level 1 and he will earn a reward of 1 ANSR token for every *Best answer*. Once he has at least 10 Best Answers, he can upgrade his user level to 2. In order to upgrade his user level from 2->3, the user needs to have 50 best answers etc. From Level 3->4, the user needs to have 100 best answers. Similarly, from Level 4->5 the user needs to have 1000 best answers. On average, 15-20% of answers will be selected as Best Answers (assuming that the answer is well-written and detailed). Here are the best answer rewards on each level.

Level 1: 1 ANSR token / best answer
Level 2: 2 ANSR token / best answer
Level 3: 3 ANSR token / best answer
Level 4: 4 ANSR token / best answer
Level 5: 5 ANSR token / best answer

Now, coming to the most important part - Who will buy the token?

Basically everyone, because you need to make User level upgrade payment in ANSR tokens. The user may use his earned tokens "OR" buy ANSR tokens from Stellar Dex.

So, long story short. In order to seriously scale your earnings, you need to upgrade your user level. For doing that, you need to fulfill 2 requirements:

1. Have enough "best answer" to upgrade
2. Make the payment in ANSR tokens to upgrade (assuming that you've already fulfilled the 1st requirement)

Here's another important thing

None of these tokens (that users pay for upgrading their user level) will be counted as *Revenue*. These tokens will be rolled back into the circulation.

As for Answerly's revenue - we earn by selling pro-membership packages. These packages range from $10-30 per month. These are optional but can be really helpful for further scaling your earnings and some additional perks that can be useful for promoting your business.

I highly recommend you to check out our whitepaper.

Hope this answers your query

Do I get this correctly: user earned fixed token for posting questions, and others also earned some token for answering the question? So who'll buy the token?