I like this idea, because its clearly doing something different and clearly has a community, but I've read this thread and some of the links @ adzcoindesk and Im still struggling to understand it
I liked the Steemit comparison piece
But I dont really understand ADZBuzz , or what gives the coins value?
ALso some of the posts about earning 1500-3000 a month come across as a bit Ponzi/MLM'ish (not saying they are but its an impression they can give off), so its something you guys can be aware of
The adbuzz "upgrade" and "VIp" offer are finished now? As I said, dont really understand that side of things
Let's go back to basics. What gives a coin value?
Supply and demand is what gives any coin value. Whether its Bitcoin, Adzcoin, Litecoin, Steem you name it
It's easier said than to achieve it practically though
Now what will create that demand for Adzcoin is explained thoroughly many times.
But here's a list in short:
ADZbuzz ad server – Ad server like Facebook ads
ADZbuzzPay – Payment processors so merchants can accept ADZcoin, a 0.5% fee is charged for every transaction
ADZbuzzmarket – Fiverr-like marketplace where publishers can spend their ADZ to grow their business, 10% fee is charged for every sale
ADZbuzz web wallet – People who want to securely store their coins can do this on ADZBuzz, a 0,5% fee is charged at withdrawal
Now if you read the blog post about Steem vs ADZ, it clearly shows Steem has no external revenue and that begs the question, how will Steem's demand increase and hence increase its value? It simply won't and that's why its crashing right now.
The goal for Adzbuzz is to serve quality traffic to advertisers (Facebook style) but also reward publishers and users with buzz powers who share publisher's content.
This income opportunity you mention for the Buzz Power is actually a bonus, call it staking. It's not what the Buzz Power is really intended for.
And if you must know where the extra revenue is coming from daily, the web wallet withdrawl fees, transactions etc and the people who buy traffic. That should answer you why it's not a ponzi. It's not other people's coins being shared/
The true reason for the Buzz Power is simply this, the higher your buzz power the more power and influence you have over people with less power and the QUALITY content you share from publishers will earn you rewards
Buzz Power, an in-house metric which will do two things:
1. Determine the influence level members have when it comes to the content quality control algorithm
2. Determine how much sharers and web publishers earn from the profit share rewards
And the VIP was something completely different. You know the daily login ADZ you get at the top next to your name everyday? Well a VIP can withdraw those. And a VIP would also earn percentages daily from new referrals that join and products bought. But obviously that is now finished and no new people can become VIP's so you don't have to worry about getting a VIP. And the upgrade you mean is actually the Buzz Power, which will always be there.
The main focus for Adzbuzz is to become a high quality content sharing platform that will serve quality traffic to advertisers while rewarding publishers and its sharers, where Buzz power will determine the influence. Become like the big boys out there like Buzzfeed, Facebook but even better as Adzbuzz will also reward publishers and sharers.
I hope you understand now