Your project has a good concept. I think it will be possible to convince investor. But I have a question, could you please answer me? I notice that users can earn tokens from providing their personal data and consuming advertisement. How will you solve the problem of farming tokens with multiple accounts? I know that you have a verified system but cheaters now are cunning. I hope to hear a wise plan from you. Thank you.
JimmyNg90, thanks for your question on this subject.
This is a known issue, and we're working hard to find a good solution. At this point, we can't really say how to mitigate such "fraudulent" attacks, since we all know: "No plan survives the first enemy contact".
There are currently several approaches that we have already discussed.
1. People MUST have a certain amount of BLA on their wallets before they can start earning more BLA with ads. However, this prevents newcomers from earning BLA through ads and forces users to first spend money to buy BLA.
2. We will, of course, develop a system that tries to identify bots, but in practice, these systems are never perfect and can be bypassed. However, this approach could be a step in the right direction.
3. People are only allowed to earn BLA with ads if they are "approved" by the community. However, this can also be bypassed if a person creates many bots that "approve" themselves. But this approach could be a step in the right direction.
4. People must be verified in some way to earn BLA with ads. This verification can be done using blockchain verification software or more traditional approaches such as video ident.
However, the final solution will not be one of these points alone, but a combination of them. Ultimately, a user must be identified as a real human being. How this could be technically achieved is indicated in points 3 and 4.
Best
Michael