Insights into the exponential effects of STEEM/SMT price VS Perceived Attention Value

in #steemlast year (edited)


What if 100 STEEM/SMT could buy me an entire day's exposure within a community of 100,000 members?

What if the ads showed up on various spots within the community: could be on the homepage or beneath posts?

What if the community's audience was highly relevant to my business and 80% of the members were potential clients?

With a modest conversion rate of 5% for an ad campaign, that equals 4,000 new customers.

With a modest average "revenue per customer" of $300 and a profit margin of say 10% we get the following:

  • $1,200,000 in revenue
  • $120,000 in profit

This does not include repeat clients and word-of-mouth referrals/recommendations.

... now ask yourself this:

How much will I be willing to pay for that exposure, that generates $120,000 in profit?

$500 ??? ($5 per STEEM/SMT)

$1,000 ??? ($10 per STEEM/SMT)

$5,000 ??? ($50 per STEEM/SMT)

Just sharing some insights into the exponential effects that perceived attention value may have on our cryptocurrency's market value.

I am currently working on a new feature called Native Ads, that could be added to communities in a future update.

For an overview of the Native Ads feature and how it will work, read this doc.

If you would like to take a look at the code, visit the GitHub repo.

I post Development Updates on my blog @imwatsi.


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