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I took a thorough look over your website for YuTü.Co.in and I indeed have some questions and suggestions.
First off, I'm curious, how do you plan to generate income to "monetize" YouTube channels? Do they come in the form of crypto donations?
I know videos are already monetizeable -- I have a channel but I turned the feature off because a lot of my content is just snippets from podcasts and I don't like making people have to watch ads.
Second off, what form will your "system native" coin take? Are you generating a coin from the ground up, or do you plan to use a token of some sort?
As a writer, I could definitely be of assistance in helping you reword and expand upon your original concept. Frankly, some of your lexicon goes right over my head, so I can imagine that it probably looks like a foreign language to those whose first language is not English. To do this, I would just need a bit more clarity on where the money is coming from to "monetize" YouTube channels, and also how this can be accomplished legally because it seems like you'd have to go around the back of Google, who might not appreciate it very much.
Maybe there's some part of the bigger picture I don't see yet, but anyway, just know that I am definitely interested in helping you out.
First off, I'm curious, how do you plan to generate income to "monetize" YouTube channels? Do they come in the form of crypto donations?
I know videos are already monetizeable -- I have a channel but I turned the feature off because a lot of my content is just snippets from podcasts and I don't like making people have to watch ads.
Second off, what form will your "system native" coin take? Are you generating a coin from the ground up, or do you plan to use a token of some sort?
As a writer, I could definitely be of assistance in helping you reword and expand upon your original concept. Frankly, some of your lexicon goes right over my head, so I can imagine that it probably looks like a foreign language to those whose first language is not English. To do this, I would just need a bit more clarity on where the money is coming from to "monetize" YouTube channels, and also how this can be accomplished legally because it seems like you'd have to go around the back of Google, who might not appreciate it very much.
Maybe there's some part of the bigger picture I don't see yet, but anyway, just know that I am definitely interested in helping you out.
The native coin, YuTüCoin (YTC), not to be confused with the brand-cum-URL YuTü.Co.in, is not the token that will be monetizing YouTube channels. Apart from being sold during the forthcoming ICO to garner startup funding, its primary purpose will be to facilitate transactions in and off our exchange - YTC-Sox. Its secondary purpose will be for conducting commerce on our site, e.g. purchasing PAQs or YouTubers' merc.
Regarding monetizing YouTube channels, the process is quite simple. Pretend you're starting/registering a new corporation where you state how many shares the corp will have. At first, you own all the shares, but later sell off some shares for some amount to investors seeing value in your corp with hopes of the shares increasing in value, thus earning an ROI (assume the shares are readily tradeable on some exchange for this example).
Expanding on the above, now picture that you're able to buy shares of a YouTuber's brand, namely of their channel (some YouTubers have more than one channel, each being able to crypto-commoditize). Instead of all the shares being created at once, they're created in blocks exactly every two minutes viewable on a permissioned blockchain. The total amount of shares created will be 200,000,000 (200M) equating to 1,562,500 blocks (128 shares per block) over the course of ~5.945586 years.
The value of the shares will be determined by what they're trading for on the YTC-Sox exchange, none of which will be able to trade lower than the set amount of U$0.01 (1 U$ penny/˘ent). Shares of stocks pegged to lowly YouTube channels will trade for mere pennies while shares of stocks pegged to renown channels will/would/should/could trade for dollars per shares, allowing the free and unmanipulated market in determining their dynamic exchange rates.
I do have a way for a YouTuber to earn more shares per block with no out-of-expense to them. Expanding on the latter, YouTubers will NEVER pay one satoshi in fees et al. for their participation on our platforms.
The YouTuber has a choice of either liquidating the shares for fiat on an ongoing basis or holding onto to them with hopes of increasing in value as he improves his channel/brand in satisfying his fan base and investors, alike, also holding shares of the brand's stock.
Each YouTube channel will have its own ticker symbol (TicSym) on YTC-Sox with no two alike.
Of the 128 shares created every two minutes, 100 shares will go to those having their virtual miners (dubbed PAQs) virtually hashing the token. 100 PAQs maximum are capable of mining/hashing shares of any stock. Think: scarcity. It's the sale of PAQs where YuTü.Co.in will earn a majority of the money for its coffer. Crunching the numbers, it's a mighty huge figure according to the devised schedule. PAQs will not sell for over U$500.
As far as Google/YouTube is concern, given our business model, your concern is moot. The closest entity we could relate to is Patreon, and even that's a stretch.
Here's are some select terms you should familiarize yourself with (more found HERE):
PAQ: A virtual miner/hasher.
Lynspinz (plural & singular): A YouTuber embracing our platform.
yAltcoin: A YouTuber's channel's stock, abbreviated as yALT (add an 's' to either if plural).
yaltz (plural & singular): Share(s).
YTC-Sox: Our exchange: YuTü.Co.in-So[/b]cial Exchange.
TicSym: Ticker Symbol.
TYC: YuTüCoin, the token.
YuTü.Co.in: The brand and URL (yutü.co.in).
YuTübopolis: Governance and physical HQ of the proposed multi-use campus.
Feel free to ask any questions if still unsure as to what's what.
Bruno
<the following not part of the reply>
That outta the way, who's gonna be the first of ONLY five users to take advantage of the Super Bonus outlined in the OP?
Goodnight, all. Off to dream about aliens - AGAIN! (seriously, I'm not a weirdo, but do dream about aliens a lot, and, no, I haven't dreamt about being probed)
Three aliens walk into a bar ...
Bartender: May I help you?
The tall Grey alien: What time does Bruno normally come in?
Bartender: He's out back tending the goats.
The short Grey alien: I told you we should've gotten here earlier.
The third Grey alien: Next time I'll
What I have figured out in those 5 years is that I am fully willing to take a gamble on YOU (oh hell now I can't tell if I'm BAT SHIT CRAZY or a fucking genius!!!).
