What is the most popular social network monetization method? Do you know?
Thank you for your question.
Selfie GO has 2 different monetization channels:
1. Ad Network
The most popular social network monetization method is ad monetization. Unlike other social
networks, Selfie GO allows advertisers to place ads not only in traditional places such as the
newsfeed, but also in Augmented Reality.
Our targeted Ad Network will allow advertisers to specify popular targeting types. It will also
provide advanced geo targeting, which is highly requested by local businesses, private
entrepreneurs and a huge amount of networks businesses, such as cafes, gas stations,
restaurants, supermarkets, etc. We’re planning on rolling out the Internal ad network in
February 2019.
One of the benefits for the crypto community is that we will support crypto advertisers and will
not block ads of ICO and crypto projects.
From the launch till February 2019, we plan to integrate third-party ad networks such as Admob
and Facebook Audience Network. We predict that ad revenue will amount to 68.5% of all
revenue.
2. In-App Purchases
Our in-app currency (also referred to as “hard currency”), is gold coins. Users get a gold coin for
a “like” they get on one of their selfies published in a selfie battle and on their personal towers.
Additionally, users will get extra gold coins for winning in selfie battles. Users can spend gold to
purchase their own personal tower, which is their own Augmented Reality geolocation media
inside Selfie GO. This is similar to having a blog or Youtube channel, but it is also located as a
geoobject in Augmented Reality in popular places in the city, which means it gets plenty of user
views and subscribers. We expect this to be a very popular product among bloggers, influencers,
etc. The second way to get gold is to buy it in the Google Play Market and Apple App Store. More
personal towers mean more fame, more gold coins and more fun. The other way to spend gold
coins is to buy SGO tokens at an auction. We predict that revenue from IAPs will amount to 1.5%
of all revenue.
You can learn more about WP
https://ico.selfie-go.com/documents