Some questions for the dev Adam G:
I am looking at this project and wondering a few things:
- Why are you switching over to a crypto-based model to go after social networks? I guess you were making enough money before with your internet marketing ventures, so I feel like there is something that you are not telling us? Or waiting to tell us? About why this is the way forward?
- Someone asked earlier about how much money investors and participants can make. Can you give us a clear example, and maybe a comparison to some earlier social marketing model you have run?
- I am starting to see a few whales sniffing around this coin. No names mentioned. What is your team's attitude towards larger holders. Isn't it possible they could buy up a majority share of the crowdfunding and take Viral for a rollercoaster ride? How can you stop this from happening?
- Can you give me clear, specific example of how - say a set of Bose headphones - would be marketed through the Viral system, and how that would show up / how often in the user's social postings?
I realize you may not be on right now but I would appreciate answers to these questions.
Thanks for chiming in with the great questions cambda,
First off, the only thing that was missing in my initial idea for a way that the "little guy" could stop getting robbed of the fruits of their labour, which is getting something back for the content that they already are supplying to the social networks on a daily basis, was missing a solid method, how would they be rewarded? There are some new social networks that have taken a stab at this model like TSU.co that offers members to get paid out a share of ad revenue in dollars and cents based on the quality and popularity of their post content, however those that do get paid mainly are making pennies to a few dollars every few months, the main reason behind that is due to the fact that they are a new social network and do not have the established advertising contracts in place that the big boys do, so they spread around scarce profits.
So, Forward to VIRAL, since the advertisers know that they are getting exposure through the major networks that they already spend money on, now they will have an even better avenue of marketing their goods, now they get the TRUST marketing factor, not only do they have their message on Twitter for example, but now will have the trust factor on top of that with real active Twitter members posting to their friends and followers etc, the method that has proven to have a much higher conversion rate overall. The advertisers would rather pay for trust factor marketing any day, this is just a fact and VIRAL is only that!
Incorporating this innovative advertising solution into a crypto/token/digital funds type of platform as it's backbone just makes sence. My passion for innovation on the blockchain, the same backbone of bitcoin is something that has always intrigued me since I discovered it. This is the chance to make it happen and make it VIRAL.
When it comes to the potential to be made, value wise, this all depends on the Viral growth of the network, the more nodes that are authed the more spread the advertisers are getting in return for their ad buys. So just refer to the current amounts being spend by advertisers across the active networks on their campaigns and then keep in mind the global reach of VIRAL depends on how many nodes have authed and how much exposure they have based on friends/followers/geolocation/demographic as this grows faster, the incentive to the advertiser to commit more of a budget to their campaigns keeps growing and the value increase of VIRAL continues upward. It's really straight forward and will shake up the industry in ways that they may not be prepared for, this is where things get very exciting for everyone who is a part of VIRAL!
As for your question about the big players taking interest into Viral, this is to be expected, they will be getting heavily involved no doubt, however this is not a threat to any of the people involved, keep in mind that the spread of the network depends on the nodes running, the amount of wallet users who have authed and have promotional messages posted onto their timelines etc. The big players who scoop up larger numbers of VIRAL just stand to benefit based on the global value of VIRAL but will not benefit from the individual systems in place that take into account the reach of individual accounts that are authed in VIRAL, so overall there is no clear and present danger or threat to anyone stacking larger numbers of VIRAL in their wallets. All of this has been considered since the blueprint came to life a while back.
For your last question, using the example of marketing a new pair of Bose headphones, Viral users who authed would see a tweet appear on their account that would look similar to this. "Hey guys Bose came out with these new headphones that have intense bass and treble, check them out here xxxxx.com" and the amount of times (frequency) depends on the advertisers budget at the end of the day. Of course those who have the budgets will push for more then once in a day, perhaps 2 times in a day throughout the entire VIRAL network.
