Post
Topic
Board Announcements (Altcoins)
Re: [RAY] thank-u: commission-free micropayments to fix ad-blocking
by
thank-u
on 01/02/2017, 14:29:34 UTC
Are you planning to contact/convince google,facebook,amazon and baidu to install your nodes? Not being sarcastic, I just want to know if that's the plan

Good point. We don't have an illusion that we can reform the industry the way we like. It is stuck at the moment: consumers block ads, publishers loose revenues. Let's see how the situation develops, whether some publishers will find our solution a valid alternative. Ad-sponsored, subscription based and thank-u models can co-exist after all.

If you look at our testnet ledger, you will see that the mentioned publishers get transfers accumulated on their accounts. No wonder - they provide great services. If they don't claim the money, transfers will return to senders. You are perfectly right by implying, that despite of becoming the top recipients at thank-u, switching to a fairer model could mean readjusting their revenues according to whatever consumers consider fair, which brings uncertainty. However, such decentralization of wealth distribution could have a great positive effect on the economy overall. A good metaphor could be watering the garden: spreading water evenly across the lawn instead of pumping hundreds of billions trough a dozen of major players.

On the other end, lot's of smaller publishers, bloggers and authors can benefit immediately by converting their loyal readers to revenues in a meritocratic manner - 100 followers of quality content may be worth 10000 following clickbait with no satisfaction.