My Personal Analysis of PayKey and How Important GETGEMS App + Attention Economy arethere is only one little concern left but its something in the long run - Competition. This means that other people can start working on this very same idea (PayKey) and further innovate it. This idea/feature alone is great, awesome and fantastic - being able to send fiat, BTC or GEMZ to another and put ads on a keyboard.
BUT
PayKey will not work by itself...alone.
The
Attention Economy and the GETGEMS App will play some very very huge important roles.
Because of those 2, not only will PayKey work but it elevates PayKey to the next level/s:
-- Got money, Got ShowPayKey alone will not be able to reach out to the global audience as there is absolutely no social aspect. It is Market Penetrative because it can reach out to every social person or smartphone user BUT nobody will want it...and no eyes will want to see ads. Putting ads on the keyboard is great for advertisers. but whats in it for us users? who the heck wants to use such a keyboard??? would you? no! Because there's nothing in it for us. But with monetary gains, we will. For those who aren't in for the monetary gains, users will have the option to choose to allow ads to appear or not to appear.
-- A Heaven For Ads Now, putting ads on PayKey will be WAY BETTER than putting ads on a Youtube video or a website with high traffic (i.e. millions of visitors per day):
(1) Potential Extremely Super Ultra High Traffic (Billions with an 's'...not million)
(2) Ads get more viewing time (appears frequently, as often as using the keyboard vs visiting a website or watching Youtube)
(?) Ads get Parallel Viewing (seeing the keyboard and ads at the same time in an area of focus where the eye is focusing). It's a '?' because i am not sure how the ads will appear. Think about it, you visit a website, all you want is the content of the website. Ads are just occupying space making it difficult for you to browse. and there are other ads there too. So the chances of catching any visitor's attention...is low. For Youtube, the chances are higher. Because majority of the ads are interesting. Because its Dynamic (videos). not Static (images). Its eye-catching. Some ads can't be skipped and you are forced to watch it. But for the past few years, there's AdBlock. So Advertisers and Youtubers are losing out.
-- No more blocking Ads However, the option to choose what kind of ads users want to see is game changing.
*Not sure if this is part of the Attention Economy RoadMap Plans. But it can be further developed* (1) Guaranteed Attention from users (Targetted Audience/Market reached as targetted by the audiences themselves)
(2) Little Competition-over-Ad-Space with other different kind of ads (because targetted by the audiences themselves)
(3) Even more viewing Time
simply putting ads in a place not dictated by the choice of users/audiences will just be like any other ads space/place. Because we can't do that in websites, on TVs, on Radios or even on Youtube. Users are completely left out of the Ads Scene without any role to play. All the work is done by advertisers. the most they can do is making sure they put ads at the right places - putting ads about computers in places that is all about computers. The ONLY place i can think of where users have a role to play in the Ads Scene is Emails - choosing which emails we are interested in to receive. Heard of EmailCashPro? But seriously speaking, its quite a hassle, time-consuming, not very productive and not very beneficial in the end to view emails these days because we have so many different emails and for advertisers, i believe its not working out too well for them too.
-- What's in a Keyboard? Also, many exciting features that can be build in an app (GETGEMS App) will not be able to be build into a keyboard. the idea alone of sending fiat, BTC or other cryptocurrencies...there are some alternatives for that already. it doesn't need to be on a keyboard.
PayKey will not be driven or boosted by itself. there's no catch or connected synergy (whatever that means).
So it looks like Daniel and the GETGEMS Team got this really nicely covered
Conclusion...i watched the video that Daniel and the GETGEMS Team presented at 43North Competition. They only talked about PayKey. Attention Economy and the GETGEMS App were mostly left out of the whole picture. Probably already got presented before getting shortlisted as a finalist. Had they been given more time to present the whole entire project, i think the judges would be mindblown. With these 3 together fully well-developed and with whatever other additions in the future, it will blow away every other social messaging app. i'm guessing that the judges were being very very focused on just the PayKey idea alone and didn't seem very impressed. probably because they might have thought "this is quite simple to code actually, i could easily get some good developers to make one". But they probably don't see the whole entire picture.
For those who have been closely following GETGEMS, Daniel and the GETGEMS Team have been very very careful so far in ensuring that everything falls into place. step by step, the app is coming along nicely. Laying the foundation is the biggest and hardest before one can start building the top. It is where most of the resources are needed. otherwise, everything build on top of it will just come falling down.
For now, GETGEMS is in the lead and has been getting support both financially and non-financially. those are huge advantages, assuming there isn't any secret project/s out there with the same idea/feature already. With this new announcement and addition to the GETGEMS Project, which is PayKey, i can't wait for 2016. With additional funds and recognition received from competitions and hopefully more support, GETGEMS is entering full steam ahead. And after 2016, who knows what else Daniel and the GETGEMS Team has in store?
BTW...i was thinking if PrimeDice could use some kind of simple flash animation. you know, a picture of that mustache man rolling the dice, a scroll bar to adjust winning chances and amount to bet. some really simple buttons and animations would be great if it can be implemented into the app somehow. it will be a lot more user-friendly...really.