Could you please tell us about the browser and app you are planning to create. Are the Mass coins part of it? or is it something similar to Adblock or Brave browser?
I understand the value of Adblock and its big battle with Facebook whose only revenue is via advertisements, so too is Whatsapp, so any block to the advertisements is a huge blow to their revenue.
I only want to invest in a product, not just another ICO. I know a lot of folks here just want to make a quick buck as soon as its traded on the exchanges sadly.
The browser is very similar to brave.com with the two major differences: (1) while brave.com fences off regular advertisers (the entire RTB framework), Mass, on the contrary, want the to join and tune their behavior.
Ad&track blocking changes the paradigm of online advertising anyway. Some reshaping of the industry is inevitable. So we propose to adjust in time. The straight-forwards capitalist approach is the only viable one. Web users are sick and tired of them being used for free. So everybody has to take that into consideration.
You may not know this, but adblocking reach 50% share within the important user group — younger users under 29 in US and EU.
So if you are planning to use your product with the advertisers, and the users have an option to opt-in in return for some form of payment?
What payment would that be? Give me a good reason why I should use Mass Network's product over the rest?
The good reason: there are only two browsers that pay for ordinary browsing: Mass and Brave, the latter being limited to its own ad network. How large can that network grow? We don't know. But we bet on changing the system from within not from outside.
What kind of money. Well, the total global annual ad revenue is like $10^12 order. Say, 90% of it is the real estate itself (actual time/places for ads), and only 10% is the surrounding infrastructure such as data management. Now. The owner of $10^11 starts to demand its share and acquires half of that. We have $5 x 10^10. Advertisers are interested in the "gold billion" (10^9 people). So, we have $5 x 10^2 for each user during the year.
As for the link, my question based on the chart, should majority of the Mass coins should be purchased by the advertising market to pay for the users?
Advertising agencies or organizations don't have a fluctuating budget, as the coins do.
Second part about the browsers, its very critical to get not just plain websites to partner with you, but companies like Google, Facebook and Apple, who have their system for advertisers to leverage their system.
Whats the plan and is there any interest showed by any one of those 3 and if not how do you plan to go about it?
***should majority of Mass coins should be purchased by the advertising market to pay for the users?***
Coins will not be purchased and kept; they will circulate. It's hard to tell what type of owner what share to own eventually. Most probably it'll be more or less evenly distributed among the main groups of interests: (1) web users; (2) advertisers; (3)Mass market makers; (4) traders and investors.
***Advertising agencies or organizations don't have a fluctuating budget, as the coins do.***
They don't have to be loaded with coins all the time. Final prices for placements in USD or another local fiat will be regulated by ordinary demand/supply powers, thus, should be stable in fiat terms, since they compete in the fiat landscape.
***Second part about the browsers, its very critical to get not just plain websites to partner with you, but companies like Google, Facebook and Apple, who have their system for advertisers to leverage their system.***
It's not really correct to say that they have their own systems. They are quite deeply incorporated and dependent as everybody else, especially Google. Of course, size matters, but no part of our technology will follow the particular needs or expectations of a single giant.
***Whats the plan and is there any interest showed by any one of those 3 and if not how do you plan to go about it?***
We did not contact, neither we were approached. It most probably is not going to happen until some significant critical mass of users is achieved. But, let me emphasize it again, it's not our ideology to ransom a large player once we start to influence its income.