Message from @Vander Loonéy
Discord ID: 683460818704269505
Hey niggers
then you have people that provide digitial signage equipment, you have vendors that host digital signs, you have brokers that manage a bunch of signs accross several locations, pushing ads to each
that's the supply side
...
the problem is that in such markets, no one person does everything soup to nuts. there is a chain of middle men, each with their own incentives and market influence
the vendor who hosts a sign might only want to view certain types of ads but the guy who installs the sign and manages it gets both the ads he puts on them and the equipment from 3rd parties
so there is a disconnect between say those that build the hardware with certain capabilities and the end user of those capabilities
say nothing between those producing the ads that will be displayed on hundreds of signs
it's like one side sells 'ad slots' and the other buys those slots. but those slots are administered not by the person that owns the bar or resturant that hangs the sign, but by the guy who goes around and convinces a bunch of restaruants and bars to hang one of his displays in exchange for a cut of the earnings he makes from offering all the ad 'slots' accross all the machines he manages to the companies looking to advertise
@Vander Loonéy, make any sense?
Didn't need the last part though.
Sounds interesting, already login on binance. ^^
ideally, you want to create a market for signs/data in which a person can install a device/digital sign and once there is a hookup, it creates an interm market for 'bundlers' to mix and match data from different groups into 'bundles' then market those bundles to people that want them
if he sells a 'bundle', he gets a cut. if your data is part of that bundle, YOU get a cut
his customers are the people looking for data. he doesn't care about you, the person PROVIDING him with data
same with the manufactures of a device that collects data; YOU are their customer. if you don't ask them for the added functionality, they won't include
@Vander Loonéy what do you think of this use-case: a new video game is released on the market. those lucky kids with the first few copies and nothing better to do than play games immeditately start playing, each while running a 'bundler bot'. The bot collects data about easter eggs the player finds, strategies and maps and publishes that data to a cloud store. similar data from all players running the bot is then avail for purchase by any noob that wants to 'cheat'. when a person purchases the entire bundle of secrets, each player that contributed gets a micropayment proportional to the percentage of data they supplied vs the amount of data in the bundle that was purchased
That twitch should invest.
ikr
that's where we are heading; distributed everything. it will let each person profit from the data they collect in a way that only Facebook and other social media can now
Unrelated but relevant
Media wants something else
more like related but irrelevant
They are containing and controlling the information
Only thing that would make it nicer is paying out coin holders. <a:ThonkHmmm:612253395931365376>
it would though
that's where the micropayments come in
YouTube is shadowing Corona when it didn't to say Ebola
Its indicative of the increasing corrupt heart of these organisations
Direct progression
I'll be sure to read that whitepaper, but it looks like a solid investment that could make me loads of cash
i think it's also applicable to social media; you have two 'markets'; a suppliers market and a users market
the biggest issue with the MSM model is that their customers ARE NOT their viewers
they just exploit those viewers in order to sell advertising slots
same thing with data
12 jews in the statue of liberty's crown run America
someone finds a nifty way to collect the data and then sells it but they don't share any of that wealth with people they jack the data from
Sadly my hardware wallet doesn't seem to support IOTA, yet. need to get a different one