hi guys I do not really understand how it will work in practice. more precisely, I do not quite understand the economic model. Will advertisers have to buy tokens exchanges?
Hey, thanks for the question, maybe we need to fine tune our message so let me try and elaborate.
- The advertisers/publishers/content creators that would like to reach our audience will have to use pay us in our tokens to purchase impressions. They can purchase these tokens from us OTC or from exchanges when they are available.
- We distribute the tokens to our users for each of the video they watch
- Additionally, we take a portion of our earning from advertisers, purchase BTC and then give away to our users in form of a raffle.
Additional point to note is, the amount of content users can view and earn tickets towards the raffle is capped to 10 minutes per day, in order to keep it an even playing field for all our users globally and people setting up bot's to keep earning Captain tokens and increasing their chances of winning Bitcoin.
Hope that answers your question.