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Author Topic: Token for Steemit of News? - Please Critique  (Read 39 times)
hughes7370
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February 13, 2018, 07:14:19 AM
Last edit: February 13, 2018, 07:30:27 AM by hughes7370
 #1

I own the website, www.protribune.com

I'm considering allowing anyone to contribute and compensate people based on the amount of traffic their post generates in tokens as a function of ad revenue, including product reviews using Amazon Affiliates Program (eg. 90% of all revenue distributed across all pool based on the number of readers per article / 10% platform fee)

This has been attempted before by the Wikipedia founder, but there was not enough compensation IMHO. It's one thing for an obsessive Baroque nerd to write a page and half about BWV 1054, but another to ask a monthly commitment to cover the latest corporate scandal in the IT world.

There would of course be a system in place for quality control, but any thoughts?
I would appreciate any critical, positive, or neutral commentary.

(Example) Blogger Jane writes a fashion article about 'top 10 ways to make a super sexy valentine', it goes viral and generates 10,000 web visitors this month, the platform pool generated $20,000 in advertising and website generates 1,000,000 total visitors, Jane gets $200 (10,000 / 1,000,000) * ($20,000)
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February 13, 2018, 09:30:53 AM
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I would appreciate any critical, positive, or neutral commentary.
1. Just to be clear, the amount generated on the platform pool is the combined advertising earnings for everyone, am I right? If "Yes", then those that contributed more towards the ad revenue, will earn less than they should (since generated visitors of a certain article, doesn't always result in same percentage for ad revenue of the platform).

2. Also why as a form of a token? It's like adding an unnecessary layer.

On a side note: Great website you got there.

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