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Author Topic: Peer-to-Peer Advertising, and Social Network Powered by Bitcoin + Stacks  (Read 1413 times)
blackboy (OP)
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June 28, 2021, 07:20:06 PM
Last edit: June 29, 2021, 02:14:34 AM by blackboy
 #41

Here are the first demo videos explaining how to use Bitfari. These videos are taken from the perspective of an advertiser that interfaces with Bitfari screens at home, in the office, and in city storefronts. In terms of user experience, you log in with your Stacks wallet, make changes to a node/react client we call the "Community Connector" and then commit the changes to the blockchain. Every time you commit an ad or screen to the blockchain, auditors and social oracles (computer programs) audit for spam, DOS attacks and hate speech, etc. making Bitfari simple and safe to use.

Can you make another demo video but from the publisher's perspective? After all, you're not going to get any advertisers if the number of publishers on your platform is too low, and vice versa. But admittingly before you try to attract publishers you need to get enough advertisers to actually keep publishers there.


The cold start problem, right! Well, first let's talk about the naming of actors in the platform: screen operators distribute ads via smart screens (what you call publishers), advertisers are marketers and regular people that wish to distribute ads via smart screens, billboards, or computers.

Now, the cold start problem. From day 1, the Bitfari foundation will distribute ads promoting the platform on every screen installed, we have budgeted a sizable number of the tokens for this (the budget for this spans five years). Meaning all the audited screen operators will be paid since day one. It will be in faris, but we can get a non-trivial number of screen operators that way.

Some screen operators and business owners will realize that faris equate to free publicity and will start valuing the tokens and installing more screens.

Marketers start coming in, not necessarily when there is critical mass but whenever there is a critical opportunity. This is a very important and key distinction. If you place a single billboard on the lawn of the Whitehouse, advertisers will book ads on it forever from day 1. So you don't need a critical mass to generate interest, rather you need critical locations.

Bitfari recruits critical locations in multiple ways:

1) The pricing model rewards bigger screens and bigger foot traffic making it more lucrative for owners of storefronts to join in.

2) Registering screens is free and doesn't require any affiliation so is only a matter of time until realtors realize they can make money showing ads in empty lots and use that to better advertise real estate or empty offices.

3) Bitfari screens are information centers, you can use them as ambient social networks (something we haven't discuss yet but soon will), you can use them as calendars, message boards, and translation stations. So you don't need a critical mass of advertisers to find the screens useful.

4) Everything posted on the platform is advertised. You post a screen in a cool location, we advertise it via 10 different social media channels, on our website, thru the marketing email list, etc. Most importantly, this screen will be advertised in the app with location photos, description, estimated foot traffic, and, at the cheapest price anywhere since there are no intermediaries.

5) The big tsunami: our platform allows any individual, agency, IT consulting firm, or freelancer to start their own agency network within Bitfari, install as many screens as they like and take whatever cut they like.

6) We advertise incentives daily, meaning, when there is ad auditing $$$, promos, etc customers fill visit locations where Bitfari ads are shown at a higher rate gaining bigger exposure to the platform.

7) Every Bitfari client is a potential screen, meaning the app you install on your phone, computer, smart TV and watch are all potential network screens. So about 5x per user in the developed world - let that sink in.

Having said all that let's play devil's advocate: very few people install/use the platform. That changes nothing. The system will simply start its exponential growth cycle later in time. But it will be an exponential growth cycle. I'll circle back with more demos and videos as soon as I have them.

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June 29, 2021, 03:00:48 PM
 #42

Intersting
I wonder how feasible this is considerig other things it may  likely  try to bypass to serve  any kind  of ads without restrictions.Does it bypass fair rules used to regulate ad companies?  And Can users who abuse their Anonimity with the service be held accountable? How easily can they be held accountable? I wonder how safe it will be if you can bypass lots of things without accountability

1. The product is not built to bypass the law. All the screens should comply with local regulations. Let me give you a key example: we have about 10K areas in the software, every area is roughtly mapped to a city and a country. In this fashion we now which laws apply, depending on the jurisdiction different disclaimers are show in other to ensure compliance (let screen operators know which ads can or can't be shown in their jurisdictions). Auditors and pre-auditors are local customers tasked with screen/ad review under the network's guidance. Meaning they complete basic training letting them know which ads are appropiate, etc. Beyond that we have social oracles (bots) than run on and off chain to prevent spam, foul languages, superlatives (for China), name targeting (to avoid diffamation), etc. We will launch with about 50 social oracles but I can picture it growing to nearly a thousand.



Well, I think it's better to simply stick to Moral Ads rather than Legal Ads if you don't want yo be overwhelmed by the complexity of national laws or even get yourself in trouble in the future.
Anyone playing on global level needs to strongly hold on to morality rather than legality especially when certain laws are unclear or doesn't sound right..unless they have the resources to defend themselves in complicated circumstances.
And it's important to use those who actually understand what moral or immoral is and know how to use it properly to navigate through the complexities of national laws without really committing crime and getting themselves in trouble

This is good advice. Thank you. Yes, advertising is a minefield, child protection laws, anti-spam laws, defamation, libel, it's quite complicated and variable across jurisdictions so we have to be careful and conservative as we scale.






Of course. I would encourage you to base alot of the Ad Network rules on Natural Rights . .. that could get you safely far when playing on global scale.  You just need the right people to help you do this properly.
If you want to go the extra mile just base everything on true Love for humans, all living thing, society and most importantly the CREATOR.  If you love the CREATOR you will hardly wrong, abuse or misuse HIS Creations. Anything or Anyone who wrongs , abuses,  misuses this things  get penalized. It's as simple as that. We humans have the Right to use animals and plants for food . We don't abuse them while doing that though.
Rule breakers could lose certain Natural Rights and get penalized for committing serious crime.
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June 30, 2021, 06:31:20 PM
 #43

Also, the roadmap is out: https://bitfari.org/bitfari-roadmap/ While all smart contracts will be out by August, we have to build many clients. We will proceed according to the roadmap.
Free advertisement is interesting idea, but I checked Bitfari roadmap and I can't find when mainnet should be released, latest date for testnet is May 23nd of 2022, that is almost one year from now and no sight of mainnet.


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blackboy (OP)
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September 27, 2021, 08:01:06 PM
Last edit: October 20, 2021, 06:26:39 PM by blackboy
Merited by dkbit98 (1)
 #44

Also, the roadmap is out: https://bitfari.org/bitfari-roadmap/ While all smart contracts will be out by August, we have to build many clients. We will proceed according to the roadmap.
Free advertisement is interesting idea, but I checked Bitfari roadmap and I can't find when mainnet should be released, latest date for testnet is May 23nd of 2022, that is almost one year from now and no sight of mainnet.



1. Mainnet happens about one month after every testnet release. So, we will release Bitfari incrementally, network by network.

2. The Fari token is now on mainnet

3. The app (release 1) is now on mainnet: http://bitfari.com

4. Additional releases are posted on bitfari.com (app) + weekly announcements are made on the foundation website (bitfari.org)

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October 15, 2021, 12:59:47 AM
Last edit: October 15, 2021, 01:35:55 AM by blackboy
 #45

FYI, screen registrations are now open. Local ad booking goes live tomorrow on mainnet, plus additional tutorials and content will be published to guide users and developers.

We expect to launch with 1500 billboards (for which we are finalising negotiations) and 4 million hours of ads (already booked). Right now we are getting about 10,00 uniques per day, so we hope to translate that into a healthy growth of 500-1000 smart screens added to the network each month.

In November, we'll push the Parra release. That's the one intended for agencies and large institutions. We expect the network to grow significantly then.

Keep building.

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October 26, 2021, 03:06:41 AM
 #46

I see the product already at bitfari.com but only can post ads on my computer. The price of the token is algo going up https://twitter.com/bitfari/status/1450261269299204097. Lots of news with this one. Interesting stuff.
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February 03, 2022, 04:46:04 AM
Last edit: February 09, 2022, 07:56:39 PM by blackboy
 #47

You're invited to our v1 launch event online and free here https://hopin.com/events/bitfari-1-launch-let-there-be-rock

All event details here: https://www.bitfari.org/2022/02/01/announcing-bitfari-launch-event-for-2-22/

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February 22, 2022, 06:21:37 PM
 #48



Version 1 of the project is launching today. You can enjoy a free stream on YouTube by following this link: https://youtu.be/3LCZKixUfzY

Enjoy!

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March 18, 2022, 01:24:35 AM
 #49



Hey Guys, check out this new gem.

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March 21, 2022, 10:57:12 PM
Last edit: March 27, 2022, 05:53:31 PM by blackboy
 #50

Also, the roadmap is out: https://bitfari.org/bitfari-roadmap/ While all smart contracts will be out by August, we have to build many clients. We will proceed according to the roadmap.
Free advertisement is interesting idea, but I checked Bitfari roadmap and I can't find when mainnet should be released, latest date for testnet is May 23nd of 2022, that is almost one year from now and no sight of mainnet.



Testnet is live on test.bitfari.com. Documentation has also been posted at bitfari.org. All the modules will go live/mainnet in the summer. The token is also live and a small liquidity pool has been created on stackswap.org. In order to accelerate adoption, some 300K screens have been connected to the system, with 25M augmented reality boards to follow soon. Online ads and AR haven't been released yet, but we are only some short months away.



Resistance is futile. Embrace cryptocurrencies.
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April 23, 2022, 02:52:45 AM
Last edit: May 08, 2022, 03:11:49 PM by blackboy
 #51

25M Augmented reality billboards have been added to the system. They solve the cold start problem of having no ads to match with users initially - low engagement.

With virtual billboards, the density of the system can be increased, the number of billboard operators increases dramatically and the incentives for users to participate shoot up.

We are also airdropping coupons of digital land to early adopters. See the tesnet for digital land or augmented reality billboards here landtest.bitfari.com.

Next month we will release couponing and online ads. Immediately after this we will go to mainnet with the full system. Currently we have about 10k social media followers across all the channels + 1k beta testers!

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May 08, 2022, 03:17:49 PM
 #52

The Digital Land NFT Marketplace testnet is live at http://landtest.bitfari.com !!

You can purchase digital land, which is an NFT allowing you to operate virtual billboards in your chosen location. Approve ads, showcase your message to the world, host hyperlocal apps and content and profit from your efforts!

You can buy entire cities, islands, famous monuments and wonders of the world!! It all goes live next week at http://land.bitfari.com

We have prepared 2.7 million places for minting and imediate operation! Land sells for as low as 4.99 USD. This project will provide Bitfari with total national coverage in the USA, with upcoming mints in the rest of the world.

Stay tuned!!!

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July 01, 2022, 05:47:02 AM
 #53

The marketplace is up and running at land.bitfari.com. A nice milestone for the project as virtual billboards help with adoption and coverage. The site has a tutorial section, plus token minting is free or less than 1 dollar using a Club100K NFT.

Join us and experience the future of location-based marketing!!

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August 06, 2022, 02:19:07 PM
 #54

We are now one of the most used smart contracts connected to Bitcoin for finalization via Stacks. We have a 150 regular NFT minters every week plus over 10k browsers per day. The API is getting from 2 to 5 calls per second.

You can check the system at land.bitfari.com. Plus, we will soon be releasing a version where you can shop using only Bitcoin.

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