Well, originally the idea was to hook up with a Single Web TV Platform to generate the payout for watching, etc,..
After working the idea some more, and how exactly we will implement it, what we may do is basically create a widget that the different web tv/ media providers can add to their website to give their viewers Popular Coins for using their service.
Any media provider can then fill a wallet with coins to payout to their viewers.
So, it most likely will not be centralized.
However, the first media provider that we have talked with
http://lookhu.com/ seems very interested in the concept!!
Because we are not funded there is a potential of a provider buying out the exclusive rights for their website and thus it would be centralized,..
Unfortunately the Popular Coin Project is not currently funded and would do a lot better if it was funded.
We don't want to be too loud about this either because we know that another coin may steal the idea or implement something similar which has happened quite a few times with POP concepts.
Either way, we are working as much as we can on creating the widget and eventually it will be implemented.
We also at some point will have a really nice rework of the code where we will create a way for those media providers to get a certain amount of free coins and most likely get some Proof of Stake going on, may even do a redistribution which would also give us the open door to create the Gold POP chain,..
So, we have big plans, lots to do, and will just have to be patient for everything to get developed and play out.
Any Donations help, really to develop the project the way it needs to, we need at least 5 to 25 bitcoin,..
POP did not have an IPO or a Premine so we have really suffered (in a way) because of that.
The best way for anyone to buy into the project and help with dev is to trade for the coin and donate to dev., I haven't been too pressing about asking for donations, but they would help a lot. Right now the price of POP is much lower than many IPO coins and Premine coins, so in reality its a much better buy,.. For example, if we had some bs IPO and made even 20 bitcoin, we would already have much of this implemented.
I can dev but I am no master dev, I am best at communication and I am learning more about dev everyday, Eventually the Project will make it to the point of having all of this together, we do have a team in place, all of us are very busy with just making ends meet, we eventually will get all of this together, it will just take time.
Thanks for asking,
As far as decentralization goes, Hopefully we can get funded before we give (sell) the exclusive rights away, if we can get a smoothly working version of the widget or app together before we connect with a media provider then we can certainly contact all web media providers!
The widget is going to need connect with a media player and base a payout on the amount of time the media is being viewed, so the provider can set it to 1 coin per minute or 5 coins per minute and then fill a wallet themselves try to do the widget with spinning POP image and the amount of coins you have earned at the bottom, pretty simple,.. either you have an account on that website that holds your amount of coins until you withdraw or, we could even have a signup at popularcoin.com where the coin amount data could be stored, its going to have to be secure and the whole nine yards so the whole program will be pretty dense.
-^.^-
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We Have lots of Fun Stuff Planned for the Future Donations Go a Long Way!
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1,000
POP
Missed this reply. Sounds good!
I have a couple of coin investments I think may pay off pretty well in the near future; if/when they do, I will be sending some BTC to help out.
Good thing that POP is also available on Cryptopia now - looks like AllCrypt is going offline, at least for a while:
Would be nice to see POP listed on Bittrex; they should be happy to get a slow and steady currency (even if it's pretty low profile right now) instead of yet another pump-and-dump!
Have you looked at the pegged sidechains technology Blockstream is developing? I understand the first version will be released in a matter of weeks. It could be one way to implement Gold and Silver POP and allow transfer of value between blockchains.