Re: Official BitBay Thread |Smart Contracts Wallet UPDATE|Decentralized Marketplace
Finished 2 more videos.
Have one more to go.
Should have a nice big video library (for tutorials) built into the client on this next update.
Have one more to go.
Should have a nice big video library (for tutorials) built into the client on this next update.
Having seen some of your vids in the past. I can say this is a great advantage to bitbay. These videos are very clear and professional and very helpful indeed.
I'm hoping to have about 12 to 14 in total.
One video in particular I was discussing on slack brought up some interesting insight into the future of BitBay and it's many capabilities.
And that is the subject of advertising though the network via the paytoemail 'P2M' system.
From slack:
Quote
3r197 [5:31 AM]
"Right but I was trying to think of a way to send encrypted email for an example of the tech included to show all the privacy capabilities.
But yeah maybe I should just talk about the options as there are many, i.e., Tox, Bitmessage, Protonmail, etc.
But it brings up another idea I have about the future of P2M as P2M might not be all that bad of a way to let people know about a sellers new shop.
Imagine in the future when the bitbay.market forum has all sorts of categories like antique collectors, computer hardware, etc.
These forum members would be asked if they are willing to receive market updates in the form of p2m. So rather than just the website taking all the 3rd party advertising funding for their benefit - which is the way the system currently works - now you have a way for market shops to send a mass p2m to 'willing participants' (the website would retain a cut for providing the contact list of 'willing participants'), and now these participants would receive a small amount of BitBay for participating in the email advertisement!
There would be different advertising packages to choose from.
For example:
- if a new merchant wants the world to know about his antique collection shop and he is located in Canada. He could request to the website that he advertise only to Canadian residents that are interested in antiques. Again, this is only for people willing to participate and don't have any care about revealing their location especially because they are getting paid to receive the advertisements.
- if a new merchant will sell bubble gum world wide yet is on a limited budget for advertising. He could ask the website that he gets his p2m's to random users who have tagged ('willingly' in their account profile) bubble gum as an items of interest, or random users with highest reputations (somehow an api could track the 'willing' users account reputation system), etc.
- >insert more< :wink:
This is just the beginnning. Can't wait to get this system off the ground.
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3r197 [6:23 AM]
Heck yeah, being able to reward the users will be perfect. It will further help enforce honesty and commitment for counterparties to work together to correct any disputes. I really like the idea of having the reputation system included with the advertisement system - the higher your reputation the more you get paid through advertisement as you'd probably be the highest target group. This could help create an offset in any costs associated for merchants or buyers that have disputes and are forced to eat return shipping costs.
As this system can work both ways. It doesn't just have to be merchants creating new shops or promoting bargain deals. It could also be used by potential 'buyers' sending out a request - in the form of a reverse auction - to 'top merchants' for an item they desire. These 'top' merchants would then compete with each other for the sell.
"Right but I was trying to think of a way to send encrypted email for an example of the tech included to show all the privacy capabilities.
But yeah maybe I should just talk about the options as there are many, i.e., Tox, Bitmessage, Protonmail, etc.
But it brings up another idea I have about the future of P2M as P2M might not be all that bad of a way to let people know about a sellers new shop.
Imagine in the future when the bitbay.market forum has all sorts of categories like antique collectors, computer hardware, etc.
These forum members would be asked if they are willing to receive market updates in the form of p2m. So rather than just the website taking all the 3rd party advertising funding for their benefit - which is the way the system currently works - now you have a way for market shops to send a mass p2m to 'willing participants' (the website would retain a cut for providing the contact list of 'willing participants'), and now these participants would receive a small amount of BitBay for participating in the email advertisement!
There would be different advertising packages to choose from.
For example:
- if a new merchant wants the world to know about his antique collection shop and he is located in Canada. He could request to the website that he advertise only to Canadian residents that are interested in antiques. Again, this is only for people willing to participate and don't have any care about revealing their location especially because they are getting paid to receive the advertisements.
- if a new merchant will sell bubble gum world wide yet is on a limited budget for advertising. He could ask the website that he gets his p2m's to random users who have tagged ('willingly' in their account profile) bubble gum as an items of interest, or random users with highest reputations (somehow an api could track the 'willing' users account reputation system), etc.
- >insert more< :wink:
This is just the beginnning. Can't wait to get this system off the ground.
_____
Quote
dzimbeck [6:01 AM]
Yeah I agree, that's why we integrated tipping with email
Yeah I agree, that's why we integrated tipping with email
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3r197 [6:23 AM]
Heck yeah, being able to reward the users will be perfect. It will further help enforce honesty and commitment for counterparties to work together to correct any disputes. I really like the idea of having the reputation system included with the advertisement system - the higher your reputation the more you get paid through advertisement as you'd probably be the highest target group. This could help create an offset in any costs associated for merchants or buyers that have disputes and are forced to eat return shipping costs.
As this system can work both ways. It doesn't just have to be merchants creating new shops or promoting bargain deals. It could also be used by potential 'buyers' sending out a request - in the form of a reverse auction - to 'top merchants' for an item they desire. These 'top' merchants would then compete with each other for the sell.