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RE: Smt hard fork testing report #3 : 400 000 smts are live on the testnet !
Ok great. A question - What if I want to do the following:
- Launch SMT;
- Convert a percentage of advertiser revenue to distribute it to readers;
How can I do that?
It wouldn't be so hard actually.
First launch an smt, token emission could be an ico or whatever. Ideally the initial setup would fund the internal market.
Then just setup a custom site (wordpress + steempress ? ;)) or a communities powered website (a website that uses the communities protocol). Add ads on top of it (ad provider can be whatever).
Buy tokens with the ad revenue to provide constant upward pressure, then track people who red the article thanks to some auto-login feature. (steem user logs in once on your website to subscribe to the reward program, then he gets tokens whenever he visits the site).
Then you can improve by checking your ad provider api and trying to see which readers bought you the most ad revenue to reward them more etc etc
That is going to make things hard I suppose. It involved a lot of manual input
MMh yeah paying the readers is kinda hard unless you completely own the ad system kinda like brave does. I would start with a system where you pay the writers first.
But my audience is normal mum and dad readers, not bloggers. However, I've realised it's easier to launch a token on Tron and integrate it with WordPress. They have pluggins and wallets that are fast and easy to use. Im going to try it out sometime next week...Once SMTs start, I could do one for bloggers too and see how we go.
Sorry, that would be a useful feature that would make Steem immensely attractive as a platform for serious creators and advertisers looking to support and reach communities more directly.
Thus it is not really meant for Steem which only targets internet trolls and stubborn techies who care more about making their pre-existing solutions work, than building tools that address real needs.
LOLLLL ur funny! your sarcasm went over my head for a second...