Quote from: Knightblade on September 26, 2018, 06:06:47 AM

Quote from: audaciousbeing on September 25, 2018, 09:06:57 PM

Quote from: Knightblade on September 24, 2018, 02:42:16 PM

Quote from: Vod on September 24, 2018, 02:40:21 PM

Quote from: Knightblade on September 24, 2018, 02:38:32 PM

I have a website which is currently giving free money for watching adds to users. I have been planning to change the website as a video/content management platform like youtube and give incentives to users for using the platform by using blockchain technology.

So you want to record what everyone watches? Why would someone join that?

If I am wrong, sorry - how do you intend to invoke a blockchain?

No I want to give everyone a chance to create and upload videos/content and earn crypto.

Edit - In youtube everybody is not able to earn money but on my platform irrespective of amount anybody can earn money without any boundries.

One of the key to having a successful business is understanding your competitors which from your discussion so far, is a misplaced one because sounding like you want to compete with YouTube is complete out of it. Your idea is more complex than you imagine it in your head and this is what you need to get right before moving to the phase of implementation if you are serious about seeing it through.

There are several variables that you have to consider. If you willing to pay for people for content, who will pay you for it? I.e for the token you are willing to pay with to have value, then someone must be willing to pay for it.

Another variant is the intellectual property of content uploaded on your website. Won't you be paying people for stealing other people's effort to upload on your website?

1- We will be earning revenues by adds on our website as google has banned crypto related adds so we can easily show everyone crypto related advertisements.
2- We will have a content management system so that we will be able to check any copyrighted material etc.
3- We will also share adds revenue in a fair percentage to users.
4- We will also have a premium service like Netflix, Amazon prime where users can also watch add free contents by spending some coins that too for very cheap compared to other prime video provider web.
5- Tokens recieved by website will be burned quarterly till supply left only 1/10.

We are also developing a social media app where the only payment method will be our coin.