And what will happen to the adz we sent in buzz powers
we don't see buzz power dashboard anywhere
are they safe? how will we receive them? i am asking this because i have more than half of my adzcoins(total 86k) in buzz power while the other half is in my web wallet
No one knows what will happen to the Buzz powers and the earnings from BPs which were promissed. In the update on 10th Oct. the devop. wrote
I think we found a good balance between growth of ADZbuzz during the beta phase and rewarding people with Buzz Power. We need to consider all angles in order to make ADZbuzz one of the top social media networks and I surely believe we have all details covered.
It'll also allow you to calculate your earnings during our beta-phase based on the amount of ADZ you currently have in Buzz Power; so that's a nice bonus. Read the update here:https://adzbuzz.com/Coin-Swap-Profit-Share.pdf - This link is not working now.In the UpDate- 16 OCT the dedvop. wrote -
So how will the coin work?
-> ADZ V2 represents ADZbuzz ad space
So essentially ADZcoin will be backed by a real asset that people will pay for. Advertisers who want to post ads on ADZbuzz need to buy ADZcoin and deposit them into their ADZbuzz ads account and then they will get part of the ad sapce.
-> Coins are locked for 12 months
When deposited in the ADZbuzz ad server the coins are locked in for 12 months. This means every ADZcoin (50 million to start) represents 1/50,000,000 of the ad space for 12 months. Let's make a small calculation:
- ADZbuzz receives 100,000,000 page views per day when it goes viral (5-10 million users, currently about 50K users bring 1 million page views)
- 3 ads on average per page means 300 million ad views = 6 views per day per ADZ
- 12 month lock period means every ADZcoin is worth 2190 ad views
- With an average Click through rate (based on FB ads) of 0.5% (sidebar and timeline ads) this means 1 ADZ is worth = 10+ clicks
- If only half of ADZ are locked in ADZbuzz this can be up to 20+ clicks
- With half a dollar per click 1 ADZ has an intrinsic value of $10+!
This leaves out the fact that many advertisers will leave their ADZ in ADZbuzz for years to come instead of just 12 months and that there are NO speculators buying ADZ to trade and make a profit. Rest assured, this will be an amazing system!
-> 20% yearly inflation to distribute daily earnings
There will be no liabilities for ADZbuzz ever, we will simply program the new coin to automatcally create new coins daily at a 20% inflation rate per year. This will not only make it super easy and predicatble to understand your earnings, but also ensure daily profits are guaranteed.
We'll also start setting up the new offer which is basically a crowdsale in which we sell ADZ V2 coins that give buyers part of the ad space on ADZbuzz. The coins will be sold for $0.50 per coin and the revenue distribution for current Buzz Power holders will continue as promised and will be based on the amount of ADZ you hold. --end of update.Every time the devop. promises a new earning opportunites and keeps changing it.
Now he is saying -- Because we are making such good use of our resources it might not even be needed to launch a crowdsale and Because it's hard to predict how it'll go I can't update--- What does it mean?
If you were not confirmed then why you offer your members Buzz Powers and forced people to send their all coins to Adzbuzz wallet? From the tone of this post i think there will be No Swap. No Buzz Power daily earnings, No Crowd sale, No passive income.
BTW we didnt listen anything from -Contributor/Team Member: coinstatic.
Where is he the Big Supporter of this project.