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Author Topic: Social media platform for photo content monetization | Fot.to  (Read 165 times)
kratosinnolabs
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December 08, 2018, 05:33:16 PM
Last edit: December 08, 2018, 05:58:35 PM by kratosinnolabs
 #1

Dear Community,

Did you know that Instagram is on its way to post approx. USD 6.84 billion in revenue this year?
Your Photos and content lead to Instagram's revenue. Now, you may wonder "Who ate my cheese"?

Enter #blockchain , #AI and #ML ; it is time to say Cheese and get a share of the cheese by #monetizing your photos and content.
#blockchain guarantees #transparent revenue share to the content creators and #ad placers get the best value for their campaigns.

A #win #win for both.

Register for early access at https://fot.to

If you are interested to contribute to this project, please send an email to team@fot.to

Best Regards,
Fot.to

Making your photos earn for you via content #monetization
https://fot.to
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December 09, 2018, 10:51:22 AM
Last edit: December 09, 2018, 11:28:07 AM by aoluain
 #2

Ok from what i can see on the site it is easy to get started and upload content
we can earn fotto points but we can only spend them in your marketplace.

Whats in the marketplace? Can you share a link?

The last project I know of with a similar idea was Belacam, of which i have
lost touch with.
kratosinnolabs
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December 11, 2018, 04:39:25 AM
 #3

This is a new project.

For the marketplace, initially, we envisage to provide Starbucks gift cards to the users to offset their fotto points.

If you are interested to contribute to the project, please email via team@fot.to
Kemarit
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December 11, 2018, 12:00:21 PM
 #4

Can you tell us more about the "AI algorithms", you mentioned? It seems this is how you measured the popularity or the original of the picture submitted, but I'm sure that a lot will be curious on how you rank the pictures. I'm trying to look at Starbucks gift cards though and I wanted to know if its international:

https://www.starbucks.ie/customer-service/faqs/card

Quote
Can I use my Starbucks Card when I travel internationally?

Starbucks Cards activated in any of the participating countries can be used to make purchases and be reloaded in any other participating country. Starbucks Cards must first be activated by loading money onto the card in the country of purchase before being used internationally. The participating countries are; UK, USA, Canada, Australia, Mexico, and the Republic of Ireland.

So its sounds like its not international unless I'm missing something. How can people living outside of those countries can participate if they can't claim those Giftcards?

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December 11, 2018, 12:18:58 PM
 #5

Dear Community,

Did you know that Instagram is on its way to post approx. USD 6.84 billion in revenue this year?
Your Photos and content lead to Instagram's revenue. Now, you may wonder "Who ate my cheese"?

Enter #blockchain , #AI and #ML ; it is time to say Cheese and get a share of the cheese by #monetizing your photos and content.
#blockchain guarantees #transparent revenue share to the content creators and #ad placers get the best value for their campaigns.

A #win #win for both.

Register for early access at https://fot.to

If you are interested to contribute to this project, please send an email to team@fot.to

Best Regards,
Fot.to

Making your photos earn for you via content #monetization
https://fot.to

Hey man, it seems that you have a very decent idea and already it is possible to use your service. Are you thinking about investors or ICO for your project?

Janis
kratosinnolabs
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December 11, 2018, 01:07:30 PM
 #6

Can you tell us more about the "AI algorithms", you mentioned? It seems this is how you measured the popularity or the original of the picture submitted, but I'm sure that a lot will be curious on how you rank the pictures. I'm trying to look at Starbucks gift cards though and I wanted to know if its international:

https://www.starbucks.ie/customer-service/faqs/card

Quote
Can I use my Starbucks Card when I travel internationally?

Starbucks Cards activated in any of the participating countries can be used to make purchases and be reloaded in any other participating country. Starbucks Cards must first be activated by loading money onto the card in the country of purchase before being used internationally. The participating countries are; UK, USA, Canada, Australia, Mexico, and the Republic of Ireland.

So its sounds like its not international unless I'm missing something. How can people living outside of those countries can participate if they can't claim those Giftcards?

Dear Kemarit,

You brought out very valid points. The starbucks gift card is a starting point in the marketplace. The marketplace shall be extended to multiple merchandise that can be purchased using fotto points.

The idea is to extend the advertising reach for the companies that want to advertise in the fotto network and split the advertising revenue with the fotto community members. Today, you do not notice this happening in the popular social medias.

This is the disruption that fotto aims to bring to the fotto community members.

With regard to the query on the AI algorithms, these are currently in the nascent stage. The algorithm improves when we have more users on the network for the AI algorithm to measure the connections and the likes received on the original content. Plagiarism photos will not receive fotto points even though they receive multiple likes.

Hope this answers your queries.
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December 11, 2018, 01:17:14 PM
 #7

All the social media platforms that distribute a part of their revenue among users fail into the same trap.
The users will start using the platform because of the opportunity to get paid,not because they like the platform or the content.This would lead to a low level of real user engagement and this is something advertisers don't like,which makes me think that no big advertiser will gonna pay for ads.
Good luck with your project,OP.

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kratosinnolabs
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December 11, 2018, 01:28:10 PM
 #8

Dear Community,

Did you know that Instagram is on its way to post approx. USD 6.84 billion in revenue this year?
Your Photos and content lead to Instagram's revenue. Now, you may wonder "Who ate my cheese"?

Enter #blockchain , #AI and #ML ; it is time to say Cheese and get a share of the cheese by #monetizing your photos and content.
#blockchain guarantees #transparent revenue share to the content creators and #ad placers get the best value for their campaigns.

A #win #win for both.

Register for early access at https://fot.to

If you are interested to contribute to this project, please send an email to team@fot.to

Best Regards,
Fot.to

Making your photos earn for you via content #monetization
https://fot.to

Hey man, it seems that you have a very decent idea and already it is possible to use your service. Are you thinking about investors or ICO for your project?

Janis


Janis,

Thank you very much for your encouraging words.

This project may be a good candidate for an ICO or using FIAT currency as capital.
Yes, we are looking for the initial seed capital investment for https://fot.to

We are a Singapore based company with an extensive Blockchain knowledge.

Happy to discuss further.
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December 11, 2018, 02:52:56 PM
 #9

Great! We would be happy to work together with you guys.

You can get in touch with me on telegram @JanisDambis and then we can move on to discuss everything in detail.

BR,
Janis
kratosinnolabs
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December 11, 2018, 04:36:22 PM
 #10

Ok from what i can see on the site it is easy to get started and upload content
we can earn fotto points but we can only spend them in your marketplace.

Whats in the marketplace? Can you share a link?

The last project I know of with a similar idea was Belacam, of which i have
lost touch with.

Thanks for your reply.

The beauty of this project is that once the fotto points are offset for the merchandise, they will be burnt.
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December 11, 2018, 09:46:07 PM
 #11

All the social media platforms that distribute a part of their revenue among users fail into the same trap.
The users will start using the platform because of the opportunity to get paid,not because they like the platform or the content.This would lead to a low level of real user engagement and this is something advertisers don't like,which makes me think that no big advertiser will gonna pay for ads.
Good luck with your project,OP.
Trying to find out on the answer of OP regarding into this insight and also that Newbie above posting up positively and talking about ICO seems really obvious.
Lots of projects tends out to try this idea but most of them do failed up.
Trying to follow up those successful ones isnt bad and giving out some payouts or free on initial set-up isnt bad but should really be temporary and as been said this would only
lead for people to get in because of such monetization or benefit not purely on engagement.


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kratosinnolabs
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December 12, 2018, 05:05:27 AM
 #12

All the social media platforms that distribute a part of their revenue among users fail into the same trap.
The users will start using the platform because of the opportunity to get paid,not because they like the platform or the content.This would lead to a low level of real user engagement and this is something advertisers don't like,which makes me think that no big advertiser will gonna pay for ads.
Good luck with your project,OP.
Trying to find out on the answer of OP regarding into this insight and also that Newbie above posting up positively and talking about ICO seems really obvious.
Lots of projects tends out to try this idea but most of them do failed up.
Trying to follow up those successful ones isnt bad and giving out some payouts or free on initial set-up isnt bad but should really be temporary and as been said this would only
lead for people to get in because of such monetization or benefit not purely on engagement.

We respect the feedback coming from the seniors in this group. It is very valid that execution is the key for Fotto to succeed.
As a founder of the company that is Singapore based, I am MIT certified in Financial Technologies and is supported by an excellent team to make things happen.

The below is our thought process.

Apart from the https://fot.to , our company has so far worked on proving provenance, preventing financial fraud and atomic swaps to name a few from our Blockchain portfolio.

To be transparent to the community, our company's name is Kratos Innovation Labs based in Singapore. We have implemented our solutions mostly for enterprise customers and are revenue positive now.

Although, Fotto may have a chance to start an ICO and raise funds, our thought process is to use Blockchain technology for proving the user is actually an user and not a bot. We further want to use Blockchain tech to bring transparency into the Advertising revenue distribution to the community. Tokenisation is only an option, however, we can also execute it using fotto reward points that get burnt once exchanged for merchandise.

Looking from a brick and mortar model, Fotto is actually an additional channel for advertisers (small and big) to buy Advertising spots in the Fotto network. The disruption we want to bring here is that most of the revenue generated  (above 50%) from Fotto network shall be distributed transparently using Blockchain technology.

When the users increase, ML and AI algorithms shall be used to measure the social engagement of the users and to avoid plagiarism.

Again, Fotto network may not be suited for all the customer base.

We are targeting millennial who are more mobile savvy, spend at least 2-3 hours on their phones browsing social media sites.
During a survey we did with college students, they prefer getting gift cards or an option to purchase merchandise instead of tokens or dollars. For them, they would be happy to use, for example, a Starbucks gift card to buy their favorite mocha than to answer their parents how they got the dollars.

We want to respect user's preferences and privacy. Blockchain is a good candidate to respect GDPR and other compliance requirements. Only when the user gives a consent to see the advertisements, they will be shown. Once the user provides consent to run the ADs, it is a win win for the advertiser as well since the Ad is reaching the right user and not a bot. We can shown significant ROI to the advertisers.

There are lot of other things that we can unlock and that is essentially the magic sauce for Fotto.

As a company, we respect every community members feedback and suggestions coming here. This is very useful.

Fotto is a sincere brick and mortar attempt to start using Blockchain to unlock content monetization.
Say Cheers. Your photo can be monetized.

https://fot.to

Interested to contribute, drop a note via team@fot.to
Kemarit
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December 12, 2018, 05:59:04 AM
 #13

Can you tell us more about the "AI algorithms", you mentioned? It seems this is how you measured the popularity or the original of the picture submitted, but I'm sure that a lot will be curious on how you rank the pictures. I'm trying to look at Starbucks gift cards though and I wanted to know if its international:

https://www.starbucks.ie/customer-service/faqs/card

Quote
Can I use my Starbucks Card when I travel internationally?

Starbucks Cards activated in any of the participating countries can be used to make purchases and be reloaded in any other participating country. Starbucks Cards must first be activated by loading money onto the card in the country of purchase before being used internationally. The participating countries are; UK, USA, Canada, Australia, Mexico, and the Republic of Ireland.

So its sounds like its not international unless I'm missing something. How can people living outside of those countries can participate if they can't claim those Giftcards?

Dear Kemarit,

You brought out very valid points. The starbucks gift card is a starting point in the marketplace. The marketplace shall be extended to multiple merchandise that can be purchased using fotto points.

The idea is to extend the advertising reach for the companies that want to advertise in the fotto network and split the advertising revenue with the fotto community members. Today, you do not notice this happening in the popular social medias.

This is the disruption that fotto aims to bring to the fotto community members.

With regard to the query on the AI algorithms, these are currently in the nascent stage. The algorithm improves when we have more users on the network for the AI algorithm to measure the connections and the likes received on the original content. Plagiarism photos will not receive fotto points even though they receive multiple likes.

Hope this answers your queries.


Ok, fair enough, it looks like you're still in the development phase of your project but please take all the valid points being raised by some members here so that you can improved your project this early.

Of course everyone hates plagiarism and I think that's very important not just articles around but photo's as well. Also, I already have in mind that "likes" would be one way to measure and that will be included in the algorithm, I just want it to be validated. Goodluck to your project.

@kratosinnolabs - Thank you for a well thought explanation about your project. I myself was a photographer but not professional though, but I'm been very busy in the last couple of years that I totally forgot my favorite hobby and reading this kind of projects make me excited. Grin

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December 12, 2018, 06:07:10 AM
 #14

Can you tell us more about the "AI algorithms", you mentioned? It seems this is how you measured the popularity or the original of the picture submitted, but I'm sure that a lot will be curious on how you rank the pictures. I'm trying to look at Starbucks gift cards though and I wanted to know if its international:

https://www.starbucks.ie/customer-service/faqs/card

Quote
Can I use my Starbucks Card when I travel internationally?

Starbucks Cards activated in any of the participating countries can be used to make purchases and be reloaded in any other participating country. Starbucks Cards must first be activated by loading money onto the card in the country of purchase before being used internationally. The participating countries are; UK, USA, Canada, Australia, Mexico, and the Republic of Ireland.

So its sounds like its not international unless I'm missing something. How can people living outside of those countries can participate if they can't claim those Giftcards?

Dear Kemarit,

You brought out very valid points. The starbucks gift card is a starting point in the marketplace. The marketplace shall be extended to multiple merchandise that can be purchased using fotto points.

The idea is to extend the advertising reach for the companies that want to advertise in the fotto network and split the advertising revenue with the fotto community members. Today, you do not notice this happening in the popular social medias.

This is the disruption that fotto aims to bring to the fotto community members.

With regard to the query on the AI algorithms, these are currently in the nascent stage. The algorithm improves when we have more users on the network for the AI algorithm to measure the connections and the likes received on the original content. Plagiarism photos will not receive fotto points even though they receive multiple likes.

Hope this answers your queries.


Ok, fair enough, it looks like you're still in the development phase of your project but please take all the valid points being raised by some members here so that you can improved your project this early.

Of course everyone hates plagiarism and I think that's very important not just articles around but photo's as well. Also, I already have in mind that "likes" would be one way to measure and that will be included in the algorithm, I just want it to be validated. Goodluck to your project.

@kratosinnolabs - Thank you for a well thought explanation about your project. I myself was a photographer but not professional though, but I'm been very busy in the last couple of years that I totally forgot my favorite hobby and reading this kind of projects make me excited. Grin

Glad that our team was able to rekindle your interest in the photography. We sincerely trust that each one of us have our own photography skills and that needs to reach the world.
Cheers.
kratosinnolabs
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December 12, 2018, 06:39:07 AM
Last edit: December 12, 2018, 07:34:42 AM by kratosinnolabs
 #15

Can you tell us more about the "AI algorithms", you mentioned? It seems this is how you measured the popularity or the original of the picture submitted, but I'm sure that a lot will be curious on how you rank the pictures. I'm trying to look at Starbucks gift cards though and I wanted to know if its international:

https://www.starbucks.ie/customer-service/faqs/card

Quote
Can I use my Starbucks Card when I travel internationally?

Starbucks Cards activated in any of the participating countries can be used to make purchases and be reloaded in any other participating country. Starbucks Cards must first be activated by loading money onto the card in the country of purchase before being used internationally. The participating countries are; UK, USA, Canada, Australia, Mexico, and the Republic of Ireland.

So its sounds like its not international unless I'm missing something. How can people living outside of those countries can participate if they can't claim those Giftcards?

Dear Kemarit,

You brought out very valid points. The starbucks gift card is a starting point in the marketplace. The marketplace shall be extended to multiple merchandise that can be purchased using fotto points.

The idea is to extend the advertising reach for the companies that want to advertise in the fotto network and split the advertising revenue with the fotto community members. Today, you do not notice this happening in the popular social medias.

This is the disruption that fotto aims to bring to the fotto community members.

With regard to the query on the AI algorithms, these are currently in the nascent stage. The algorithm improves when we have more users on the network for the AI algorithm to measure the connections and the likes received on the original content. Plagiarism photos will not receive fotto points even though they receive multiple likes.

Hope this answers your queries.


Ok, fair enough, it looks like you're still in the development phase of your project but please take all the valid points being raised by some members here so that you can improved your project this early.

Of course everyone hates plagiarism and I think that's very important not just articles around but photo's as well. Also, I already have in mind that "likes" would be one way to measure and that will be included in the algorithm, I just want it to be validated. Goodluck to your project.

@kratosinnolabs - Thank you for a well thought explanation about your project. I myself was a photographer but not professional though, but I'm been very busy in the last couple of years that I totally forgot my favorite hobby and reading this kind of projects make me excited. Grin

Glad that our team was able to rekindle your interest in the photography. We sincerely trust that each one of us have our own photography skills and that needs to reach the world.
Cheers.

Dear Community Members,

The fot.to abstract paper is available here https://fot.to/wp-content/uploads/2018/12/Fot.to_Abstract-paper.pdf

Say Cheers,
https://fot.to

team@fot.to
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