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RE: DTube Fundraising’s experience with VCs (and our next move…)
I'm all about supporting you guys and the fact that you built something first and don't want to be scammy like 95% of the ICO rat bastards out there but I just don't understand why you don't put non intrusive advertisements on the site which will further your chances to get funding from VCs when you should the additional revenue source. It is a proven model for every other social media site / app. I don't know why people in crypto want to completely run away from it instead of just having both ads and crypto economics.
Being built on a blockchain that you don't control and that other entities control the majority of it is a hard sell but it is hard to launch on your own chain as well.
I wish you guys luck.
well you're right we're not against ads at some point but it will require to design a fair mechanism for all users. I really think we can make that happen but this will be our next move. Currently we need all the team to focus on the product right now and create adoption? Thx for support and positive vibes!
Just a quick comment on advertising revenue. It is a known vector of malign propaganda, and laundry for funding provided by bad actors. This is evident from the deliberate destruction of profitability of media dependent on advertising revenue, such as news, late night TV, and similar venues, as well as the self-destructive banning and censoring of big social media sites that is contrary to investor interests.
Actual capitalist investment intent on emuneration isn't the main incentive for advertisers, and the targeting of funds for seemingly suicidal platforms and channels demonstrates this. Were @dtube to become dependent on advertising for any substantial funding, it would become captive to these machinations, and there's no point to undertaking advertising models for funding that isn't substantial, particularly given the blowback that would engender.
Thanks!