Post
Topic
Board Announcements (Altcoins)
Re: [ANN] EtherChat - Ethereum's First Layer-2 For Decentralized Messaging
by
EtherChat
on 11/10/2023, 19:11:06 UTC
Conceptualization: Counteracting Spam & Enhancing Monetization

Addressing the pervasive challenge of spam on digital platforms is paramount. As many of you are aware, a staggering 99.99% of conventional messaging platforms are inundated with spam. Etherchat, however, is devising distinct strategies to combat this issue.

1. Premium Group Chat Monetization: For our premium group chats and channels, we'll empower administrators with a unique toolset. They'll have the discretion to set either a subscription or an entrance fee. This approach serves a dual purpose:
   - Authenticity Assurance: By setting a financial barrier to entry, we're deterring bots and spurious accounts from infiltrating these chats. This ensures that advertisers or promoters can gauge the genuine nature of the group's participants. It's an all-too-frequent pitfall on platforms like Twitter, Telegram, and Discord for group hosts to inflate member statistics, misleading advertisers. Our model ensures transparency and protects advertisers from such deception.
   - Monetization Avenue: Group leaders can monetize their community spaces. Every new participant essentially translates to revenue for the group.


2. User-Centric Monetization: We're also extending monetization flexibility to individual users. They'll have the option to implement a fee for those initiating a conversation with them. It's crucial to note that this feature remains entirely voluntary, respecting the preferences of our diverse user base.