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1  Bitcoin / Project Development / Re: Cloud Mining Revamped on: March 15, 2021, 07:24:49 PM
Thanks a lot guys for all your replies. They were really helpful and I realized that this project is kind of a dead end.
I will be doing my best to find a good idea for a crypto project and hopefully post it here as well!
2  Bitcoin / Project Development / Re: BTC lottery on: March 13, 2021, 12:23:35 PM
I had the same idea a while ago so this seems pretty interesting.
What technologies are being used for this project?
There is always room for improvement before deploying especially if the project is 5+ years old.
3  Bitcoin / Project Development / Re: Cloud Mining Revamped on: March 07, 2021, 06:20:08 PM
we can't tell since no one dares to try and deposit some of their money into a random website and that is understandable.
Even if they pay out some users, it's still very likely to be a ponzi scheme. Stay away from those!
You're right, thanks!

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Every website nowadays displays ads on its pages to generate a certain amount of money. What if the website owner splits the ad revenue with the users? Let's say, to have a concrete scenario, that each ad viewed generates 0.20$. If initially, the user gets 50% of each ad viewed, he'll get 0.10$ per page visit
Do that without the cloud mining BS and you may actually have a viable business model.
Actually, that's a good idea but I still think that I need something to encourage people to the platform.

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Also to prevent people from just creating an account and leaving (which leads to only one ad being viewed), there should be a timer, for example, to click every day to start mining for 24 hours.
That's called a faucet!
Sadly yes but I need a reason for people to actually visit the website however I am still open to suggestions.
4  Bitcoin / Project Development / Cloud Mining Revamped on: March 07, 2021, 01:38:27 PM
I think everyone who is reading this has some knowledge about cloud mining and one of the most heard comments on that topic is that it's always a scam. Even if it's not, we can't tell since no one dares to try and deposit some of their money into a random website and that is understandable. But thinking about it that way, why don't we find out a reasonable way to show people that it works without unrealistic promises?

This idea came to me a while ago when I first encountered a cloud mining website and since then I still think there may be something that can be done. After some digging, I came back to the root of the problem: depositing money into the website. This is the first step for you to enter a cloud mining website and this is the most difficult one so why not create a cloud mining website without the need of depositing money into it? Now the problem is that we should find a way to be able to give that extra amount of money to people who entered the website.

Every website nowadays displays ads on its pages to generate a certain amount of money. What if the website owner splits the ad revenue with the users? Let's say, to have a concrete scenario, that each ad viewed generates 0.20$. If initially, the user gets 50% of each ad viewed, he'll get 0.10$ per page visit and that percentage will increase depending on the balance of the user. For example, someone with 0.01 BTC should not be mining the same amount as someone with 1 BTC so a formula will be created to be able to fairly distribute that percentage for all users that way everyone will be winning accordingly. One important thing to note is that the revenue of a user doesn't depend on the whole website's traffic because the revenue of ads being viewed by that user are split and not the revenue of the whole website so it doesn't matter if the website has 1000 users or 1 user. Also to prevent people from just creating an account and leaving (which leads to only one ad being viewed), there should be a timer, for example, to click every day to start mining for 24 hours.

This was my original solution and I think that there is some potential in it so let me know your thoughts on this and if you have any feedback or questions feel free to leave them down below.
5  Economy / Gambling / Re: YoloGames.info - Free Tournaments with real prizes on: May 02, 2020, 08:53:48 PM
I really like the idea and I think it is pretty cool to have tournaments similar to this one while playing the game casually. I hope this gets bigger in the future and you guys are doing a really good job, keep it up !
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