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With millions of users and publishers that we are talking about, is $100,000 per day enough? I guess I am just a little concerned because we are talking about huge numbers of publishers and users. Adzbuzz goal is to become like Facebook, correct? Well, Facebook has revenue of $40,000,000+ per day!!! I guess the good part of that is with the limited supply, that would make Adz worth a huge amount each  . hi sir also wanted to know if supply is so low after coin swap.
for example let assume it is only 10,000 coins on market. how will you share 10,000 coins with million publishers, buzz power holders for example?
I personally take it like that; how about an Adz worth 10$ and 10,000adz X 10$ =100,000 $. I am sure distributing 100,000$ a day should be enough. Thats just a simple calculation. If a publisher can get 50$ worth of adz a month i am sure thats already an income where currently thats not the case. Jens can add on that. |
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Sorry if I am having a hard time explaining my lack of understanding. I totally understand the demand side, my concern is on the supply side. If we have all of these Adz tied up in Buzz Powers, where is the supply going to come from for the millions of new members? When the Buzz Powers reach maturity, they will all mature after 12 months (and I think you stated that they will be spread out for about 3 months) and the system needs to be setup to pay all of them at maturity, where will the supply of Adz come from for all of the new members? I hope this better explains my concern. I'm just trying to understand the numbers and something that was mentioned long ago seems to be an issue going forward. Adz are capped at a total of 84,000,000 and the current stats from the Adzbuzz site;
Total Supply: 48,018,560 coins
Stored in Cashbacks: 29,949,597 coins (12 months)
I believe this means that almost 50,000,000 of the available 84,000,000 will have already been turned in to Buzz Powers (mandated in the new system).
So, when the millions of new members join, I am not following how there will be enough coins to make the system function as described in the pdf. In theory, the system has to be able to pay out all coins at their Buzz Power maturity. I completely understand the law of supply and demand, but not sure there will actually be a supply.
I appreciate Jens response as I want to completely understand the way the system will work.
Im' sorry I don't quite get your concern. The coins stored in Cashback will become available in 12 months and people will earn daily profits from our revenue share based on the amouht of Buzz Power in their account (pegged to dollars so BP 100 = $100). The coins are held 12 months and become avaiable after they never leave... I think you overcomplicate things a bit, not much of the overall concept changes, unless you can mention clearly what your concern is bc I don't see it tbh... I suggest you to read the latest blog post though it kinda explains where all the demand will come from and how we are creating an in-house economy -> http://adzcoindesk.com/the-adzbuzz-reward-economy/ |
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I'm just trying to understand the numbers and something that was mentioned long ago seems to be an issue going forward. Adz are capped at a total of 84,000,000 and the current stats from the Adzbuzz site;
Total Supply: 48,018,560 coins
Stored in Cashbacks: 29,949,597 coins (12 months)
I believe this means that almost 50,000,000 of the available 84,000,000 will have already been turned in to Buzz Powers (mandated in the new system).
So, when the millions of new members join, I am not following how there will be enough coins to make the system function as described in the pdf. In theory, the system has to be able to pay out all coins at their Buzz Power maturity. I completely understand the law of supply and demand, but not sure there will actually be a supply.
I appreciate Jens response as I want to completely understand the way the system will work.
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Sorry coinpocket, but no matter how many times you say it, you are just plain wrong. There is an official marketing team and it was talked about previously by Jens and they are the first people who joined up with Jens long before the Adzbuzz project was started. Marketing team and development team are completely different things. Some of the marketing team are on the support team, but there are some on the support team who are not on the marketing team. Now, this is not truly relevant to the discussion, but I just wanted to clear it up. I will say that I still have concerns about the marketing of Adzbuzz and how easy it will be for a complete newbie with no knowledge of cryptocurrency to understand. But, I trust that Jens has already thought of this and there will be a clear and simple marketing plan for informing the masses. thank you very much jens and coinstatic you both answered correctly so coinpocket you are wrong and coinstatic was right with his words and you are also wrong about no marketing team. maybe you should read one of jens old blog post on adzcoindesk.com where he show marketing team and coinstatic also 1 of those members but in the end they are human. and sometime can get a little thing wrong but coinstatic even said jens can correct him if he said anything wrong but in the end he turned out correct with his words that we can earn from buzz powers even for not sharing content  It seems you don't understand english well or juging your previuos posts you don't read info placed here carefully . So again Read carefully my post above again: "Though I agree with coinsatic regarding what user should do to get earnings. Free members will be able to earn having Buzz Power 5 if they share contect via Adzbuzzer only. The Buzz Power owners will get daily earnings without sharing and additional ones if they share content." Sorry, you have a total mess in your head. Read carefully all info placed above and the thread's usernames. Sorry, you don't have the notion what's the marketing team is. I know namely everybody who's on full time job in developer team and who's working in support team. And specially for you we have here officially Jens and an officially a user who's from support team, i will not reveal the username cause I haven't permission to do that. My advice to you: read carefully posts next time. |
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First of all, I never said that coinstatic and adz4life were members of the "developers team", they are part of the marketing team and therefore it would make sense that they would have a good understanding of the way the system will work. Secondly, if "there's nothing complicated here" why are there so many questions and conflicting answers? I'm not doubting the system, I am just stating that if the goal is to get millions of new members, there needs a simple, consistent, and coherent message for the prospects giving them reasons to join. Okay, I sort of get the incentive to join. It seems like the incentive right now is, as Jens stated, new people who join will receive a Buzz Power 5 package for free. If the price of the coin goes up, that is a decent incentive, but if it stays low(I understand that the idea is create a significantly higher demand than supply, therefore the price rises. But, nothing is assured) the incentive is very low. As things stand right now, nobody can articulate clearly how the system is going to work. I believe that coinstatic and Adz4life are part of the Adz team, and they can't even agree on how the system is going to work (no offense, just pointing out how complicated this has gotten). So, when the system is actually launched how will it be explained in simple terms to people who may possibly join? Most of us have been around for a while and are still in the dark even after a bunch of questions have been asked and many answers given. It seems like this may be a hard sell unless it can be much more easily understood. Also remember, very few people have any understanding of cryptocurrency, meaning education will need to start from square 1. I have read the pdf and all of the questions and answers on this thread and in Adzbuzz, so I basically understand the concept behind the new update. Still not sure how I feel about it, but I have been in from the start and will continue to support the project.
My question is about getting new people to join Adzbuzz. How are they going to earn and profit if all of the Adz1 are stored for 12 months and Adz1 will no longer be traded on the exchanges? Just trying to figure out the incentive for new people to join "in the millions" that has been quoted many times by Jens and will be needed to make the project a success. Not doubting the project, just trying to fully grasp what is going on.
In terms of user-experience nothing has changed for the overall concept at all. People can join for free and will receive a free Buzz Power 5 package and daily earnings if they share content through the ADZbuzzer and publishers will earn if people share their content on ADZbuzz. The changes are: -> Coins specs will change to reduce dumping of thousands of coins every hour for pennies -> All current coins are held 12 months in Buzz Powers and earn daily rewards -> People will need a new wallet if they store their coins offline -> Buzz Powers can't be bought directly and will only be received when people sponsor projects on our crowdfunding website as a reward. Initially there will only be 2 projects, the ADZbuzz ad server for which 50% of sponsored money will be used to build our ad server and people will get a lifelong traffic spot and 50% Buzz Power as bonus. Plus the in-house exchange of which they will receive 100% Buzz Power reward and the pre-mined coins will be used to give people the Buzz Power reward. Later we will add more projects and allow other people to post projects too (well vetted) that will help grow the "ADZconomy", ranging from merchants to Wordpress plugin creators and everything in between. Hope that helps! Jens Adz4life and Coinsatic are not members of the developers team. They're supporters. That's why every one has own point of view. After brainstorming the team had before yesterday only Jens has a clear view and can explain about earnings from BuzzPower. There's nothing complicated here. Actually it's very easy to explain what's Adzbuzz is. If there's a person who invited you to join and he's in Adzbuzz from it's start, my advice to apply to him. At the same time you can ask the members here and in Adzbuzz, Adzbuzzforum as well. I myself explained what's adzbuzz to many users and almost all of them are now well educated about Adzbuzz. So, don't worry you will obtain the whole picture of Adzbuzz in no time. |
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Okay, I sort of get the incentive to join. It seems like the incentive right now is, as Jens stated, new people who join will receive a Buzz Power 5 package for free. If the price of the coin goes up, that is a decent incentive, but if it stays low(I understand that the idea is create a significantly higher demand than supply, therefore the price rises. But, nothing is assured) the incentive is very low. As things stand right now, nobody can articulate clearly how the system is going to work. I believe that coinstatic and Adz4life are part of the Adz team, and they can't even agree on how the system is going to work (no offense, just pointing out how complicated this has gotten). So, when the system is actually launched how will it be explained in simple terms to people who may possibly join? Most of us have been around for a while and are still in the dark even after a bunch of questions have been asked and many answers given. It seems like this may be a hard sell unless it can be much more easily understood. Also remember, very few people have any understanding of cryptocurrency, meaning education will need to start from square 1. I have read the pdf and all of the questions and answers on this thread and in Adzbuzz, so I basically understand the concept behind the new update. Still not sure how I feel about it, but I have been in from the start and will continue to support the project.
My question is about getting new people to join Adzbuzz. How are they going to earn and profit if all of the Adz1 are stored for 12 months and Adz1 will no longer be traded on the exchanges? Just trying to figure out the incentive for new people to join "in the millions" that has been quoted many times by Jens and will be needed to make the project a success. Not doubting the project, just trying to fully grasp what is going on.
In terms of user-experience nothing has changed for the overall concept at all. People can join for free and will receive a free Buzz Power 5 package and daily earnings if they share content through the ADZbuzzer and publishers will earn if people share their content on ADZbuzz. The changes are: -> Coins specs will change to reduce dumping of thousands of coins every hour for pennies -> All current coins are held 12 months in Buzz Powers and earn daily rewards -> People will need a new wallet if they store their coins offline -> Buzz Powers can't be bought directly and will only be received when people sponsor projects on our crowdfunding website as a reward. Initially there will only be 2 projects, the ADZbuzz ad server for which 50% of sponsored money will be used to build our ad server and people will get a lifelong traffic spot and 50% Buzz Power as bonus. Plus the in-house exchange of which they will receive 100% Buzz Power reward and the pre-mined coins will be used to give people the Buzz Power reward. Later we will add more projects and allow other people to post projects too (well vetted) that will help grow the "ADZconomy", ranging from merchants to Wordpress plugin creators and everything in between. Hope that helps! Jens |
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I have read the pdf and all of the questions and answers on this thread and in Adzbuzz, so I basically understand the concept behind the new update. Still not sure how I feel about it, but I have been in from the start and will continue to support the project.
My question is about getting new people to join Adzbuzz. How are they going to earn and profit if all of the Adz1 are stored for 12 months and Adz1 will no longer be traded on the exchanges? Just trying to figure out the incentive for new people to join "in the millions" that has been quoted many times by Jens and will be needed to make the project a success. Not doubting the project, just trying to fully grasp what is going on.
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Hey Jens, just curious where you stand with crediting the SRS seed money? I think it was supposed to be credited to our accounts during the week of 6/28, but there has been no update or announcement and that was one month ago. Thanks.
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