I am disappointed that you can’t find your way to using the Put Incentive Model instead of the spam-rewarding ad-supporting PtP method. And as such, I don’t believe that I will be able to participate in this crowdsale.
Walletmarks are more effective used as inbred copyleft licenses. Think of code forks. How better to ensure that copylefts are honored and valid line-by-line of code or track-by-track of a remix (vocals, baseline, etc) giving full credit due to OC creators - then by irrevocably attaching them to the content in the first place.
They are less feasible when used as pure rewards, especially when granted by the Network. The Network must remain content agnostic, but in the old words,
Beauty is in the eye of the beholder.
This lack of choice that PTP takes away from consumers to directly reward creators (it relies on the Network remember) takes power away from the users:
Vote with your dollars.
Instead, there are other models for generating revenue and growth:
- Alt-coins (SEEDs). 1SD = X seconds of a podcast, X frames of a video. These can be bought from a pre-mine/generated by the community post-mine and donated/sold to content creators
- Content creators use the n99 app to PUT their content onto the Network using those donated/bought coins (Put Incentive Model)
- Set up vaults that intend to capitalize on the GETs that will be processed for that content. (formerly ???)
Not only does this scheme profit the App (along with the direct Put Incentive Model usage) but it also provides the community with a valuable commodity - the token, the alt-coin. This can now be traded against other tokens (Decorum tokens) or safecoin directly - even bitcoin using safe exchange. And by adding vaults, we ensure that we serve this community’s need for bandwidth and storage by contributing to the larger Network itself.
I think you’ve got that part nailed down with SEEDs, you just overlooked the part where the APP can profit for every PUT (and because it’s n99 - the content creators can profit 99% for each PUT) made through your app that is made with these SEEDs which you’re selling in the first place. That’s what’s provided with the Put Incentive Model, and not with PtP.
Nope. Bandwidth-reward imbalance comes with PtP along with content that only exists as clickbait to get them more GETs. No one needs more of that. This same model has driven the marketing/advertisement bubble for far too long. There’s no reason to continue the trend on the Network - not when this approach can only augment an individual’s income by introducing ads.
No, if you want to attract users, attract contributing users. Not leeches. Sorry, I wish you all the best, but I cannot in good conscience participate in this crowdsale.