here let me get you started
we are forking this
http://www.trsst.com/we have successfully migrated bitcoinJ
we are currently implementing it as seen here
https://github.com/achow101/trsstthe basic idea is this when u create a new post u get 1/2 a bubble . when someone follows u they pay u 2 bubble . when they repost your post they pay you 1 bubble.
so It actually is a self monetizing system powered by altcoin. The real beauty is people have to "build their Bubble" on their machine / server so more servers means better access to their content etc. eventually i want to build in a marketplace and an ad engine where users can promote goods or content or whatever. this is a labor of love as I will be using all my coins to fund new posts via POS system. I will most likely spend alot but recieve nothing back. (except status i hope lol)
The product name and logo is well done. Not sure the name fits the site use, but its still catchy.
Problems I see so far are:
1. Users
hate being nickel & dimed by microtransactions. You are essentially putting a paywall in their face. Not good for adoption.
2. I think you will have huge trouble with posting spam.
3. What is POS system? Point-of-sale? Note proof-of-stake has Nash equilibrium flaws.
4. What is the use case that will drive adoption? Just being geeky cool is not necessarily enough to drive the minimum inertia needed to make it worthwhile to use Bubble. If not enough people use it, then it is not worth using it.
5. A labor of love is perfect if you have the plan sorted. I don't like to involve in plans that will fail. I am 50.7 years old and I don't have the youth you have to justify my effort in failure for the experience or whatever intrinsic values you might be contented with. I am interested in your love for what is not too distant from what I am also working on. Perhaps you need some help on making this succeed in a big way. I will be private messaging you. Apologies for replying in public, but I wanted the forum to know I did give you some feedback and to be able to see what sort of feedback I give on a topic such as this. Let's take our further discussion private now.
Edit: okay I see
you are not the programmer and you began developing this project less than a month ago but you
do logo design and you are a
first year student
studying marketing?
Yea the project actually was born out of a paper i wrote for school trying to explain how you could use crypto to develop a buisness model.. this is kinda not exactly that but its based off the ideas i came up with [url]here [https://www.linkedin.com/pulse/project-development-customer-tracking-cryptocurrency-mc-glauflin?trk=prof-post/url]
I am studying programming and my degree is in software systems engineering, But I consider myself more of a "Projact developer". i dont exactly have all the skills yet to do the work on my own, but I do have the skills to put it together enough to where someone else can do it from my design. I actually wanted to do something much bigger but as i learned more i realized just how hard that would be for me alone so i settled on this as a way to prove the concept. Its really about self monetizing a system with crypto. social media was just the"lowest hanging branch " it could really be done with anything. I think this platform will just be the easiest way to prove it.
"The product name and logo is well done. Not sure the name fits the site use, but its still catchy."
thanks I did this all myself. I used to do billboard ads and have done other stuff. remember rave parties lol. I was a party promoter (like i put on shows) in my early 20's
The name bubble fits just fine-- lol on so many levels.. build your bubble chat bubble and of course the economic bubble that altcoins have been called.
lets go ahead with questions
1 i dont really follow.. i think earning coins through content is a fine distro. it will (hopefully) give users a way to earn bubble and build their presence without having to spend too much on it.. It will already require a small investment in hardware ( A dedicated machine bandwidth and storage)
to use your own words
"
Additionally it is important to understand that microtransactions will never be viable for any activity except where there is no other way to monetize the activity:
"
I think this is a fair analogy. I dont really know how much your Meme of some douchbag being the "King of Douchebags" is worth. most likely a few pennies. so i think is this scenario microtransactions are exactly whats needed.
2 Not really worried about this at this time. first we need users to spam it lol. if this "loophole" allows for more users to connect in the beta phase than this is fine. fine tuning will be done later. I just want a basic barebones setup for me to build out.,
3 The pos is actually HiPos not a percentage but a fixed rate.
4 This is a hard question and a very good point. I hope that users own content and desire to be heard drive the use of the project and it gives a way to content creators to make a lil something for their content. also there it is really planned to be a fully functioning marketplace with a user supported ad engine-- what i mean by this is u can post items with a click to buy button and advertise it. -- this will be a year or two down the line as this is what I want to build myself. Just to prove my mettle
5 Your age and wisdom is actually considered a highly prized asset. I myself am only 35 but I have built things and developed ideas to their final goal several, times already. I am not afraid to fail moreover, i am not afraid to win.
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