so if i understand this right, you are releasing a web plugin, that allows adds in chrome to be shown, and the user gets coins for this?
And add sellers can make money again if many people would use the plugin?
Do add sellers have to pay some kind of commission to ADZ?, since its because of ADZ they will sell these adds.
Maybe a system were the add sellers must pay a % of the sold add in ADZCOINS, so this would give good base buy support?
Hello,
Well the system works like this:
-> Everybody can earn free Adzcoins by installing a lightweight browser extension in a couple of clicks. (similar to adblock for instance)
-> This extension will help people save money by notifying them of coupons when they want to buy something online (when they are on the shops website's already) so they will never overpay again whenever they shop online.
-> The Adzcoin project earns affiliate commissions whenever people shop online, and use this to BUY ADZcoins.
-> The ADZcoins bought get distributed evenly amongst everybody who has the extension installed. (nothing else is required)
-> Publishers can add a widget to their site, think of something similar as a Facebook like wdget, and the ADZ in the extension can be sent to them by visitors in one click.
So what we'll do is leverage something people already do online (shopping) and use that to solve the ad block issue that's all over the news. Just read some posts on
http://adzcoindesk and you'll see what i mean (ad agencies are running scared).
So that's the system and the interesting thing is that the affiliate commissions will be earned in dollars, and turned into ADZcoins. So there will be constant buyers demand, which will grow over time as more people install the extension.
There are similar extensions and they claim to earn about $50 in commissions per year per extension!
There are 300 million people who use ad block, so you can do the math what it'll mean for Adzcoin in the long run.
Cheers,
Jens
