After reading your whitepaper, I have to say some things, because I have a little insight in this market.
You mention in section "Competitor comparison" the benefits of LIVE STARS.
I will compare it with a webcamservice which dominates the german market, sonjasluder is one of their domain names.
You pay with your telephonebill, about 3$ / min, immediately, anonymous and without "Payment errors of users".
+Decentralization
+Open source
+Block chain technology
An average user doesn't care about this.
+User anonymity
On sonjasluder you are completely anonymous.
+Ravenue Share
+Payout delay
+Min. payout amount
This is good for models, but the money comes from the visitors and its sad, but, an average user doesn't care about this
To be successful you have to think 99 % from users view. Nobody knows or is interested, how fast the models get their money.
You look mostly from the view of the models, this is honorable, but you have 100 models and on the other side million of users, which will spent the money.
So the most important question is, how much will the minute cost. If you can make a good price, you will succeed, all the other advantages are irrelevant.
Hello,
We do have inside knowledge of the industry and experience of development and support of one of top webcam platforms. Sonjasluder is phone sex service. Why would you even compare it to our platform? What kind of anonimity do you expect from a phone service?
User does not have to care about blockchain or any kind of tech behind the service, however anonymity that is easily provable by open source would matter a lot to regular customers who spend up to several thousand USD monthly using webcam services.
High prices and per-minute payments are caused by high commission fees due to many mediators and the fact competitors have to promote their product on the market. The main reason for such high fees is old and non-optimized business model behind the service. This is the main thing we set to improve.
Most important for webcam users is content and their anonymity. Content is mainly created by models, and as you said, our platform offers a variety of advantages to them. Speaking of anonymity, webcam users complain a lot about the fact their private video and text chats are not really private because website administration is able to check them out. Highest revenue share on the market means members money actually gets to the model.
In webcam, number and quality of models on the platform and creditworthy user traffic are essential for success. We do understand this and that is why conditions for affiliates and models will also be much better than the ones offered by current market.
Thank you for your detailled answer. Do you plan an age verification to ensure that no childs have access to your system?
