* Listing Approval:
Your listing needs to be approved first, this is required to protect consumers from spam, adult content, illegal websites...etc
And that is the end of a good project. A centralized instance? Why do you need a coin and blockchain for that?
So you advertise to Lytix users? Good luck keeping those around.
I had high hopes for the project, but now it looks like one in a thousand.
No real idea, use as payment, advertising....the typical buzzwords when original thought is missing. Only need to add in game payments!
Boy oh boy.
I'm sorry you don't like the current idea, I'm also not a fan of "Listing Approval" and already discussing its removal with other team members. This would make the entire advertising platform decentralized.
The listing approval procedure is certainly "centralized", but there are definitely lots of things that need to be centralized. If there's no "listing approval" procedure, the marketplace will most probably become a shitshow very quickly, wich loads of scam links and irrelevant stuff.
Maybe a better idea would be to create a "community vote" system for approval/rejection of new listing proposals?
If the fee is paid in LYTX coins, then when a proposal is rejected by the "community", the fee could be refunded to the original sender? Wouldn't that make it decentralized?
Oh, and... about the "end of a good project", let's not forget that in the current state of everything, the specificity of Lytix, aka hosting small files privately & securely on the chain for banks & insurance, was not yet developed. At all. So before passing the torch to Senaia, there was no use case at all.
Now Senaia's trying to relaunch the project by adding a use case that is not too far away from implementation, which means that the current holders & the new buyers will have a few ways to use (aka spend) their coins. I think it's already a HUGE progress in the right direction. It could work already that way, with a good combination of smart marketing, good networking and the injection of reasonable funds.
We have other ideas as well, currently under discussion, but those are a bit too "far away" to be announced now.