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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 844610 times)
Diego24
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June 14, 2017, 11:46:48 AM
 #6301

No it is not advertisement only, but the main system is that amp will be required everywhere in synereo, whether you want to share something, or want to advertise, or want to reshare, or if you are a content creator then when you show your good content then you earn, but the main point is that there will be no  censorship or getting revenue from advertising by company. All is for the public, this will be first fully decentralised social network.

And for those who compare it with steem, then this is not some ponzi or other simple or earning system. This is a social network, a reddit like news site like "front page of web" or web 2.0, a system to compensate meagre earnings of content creators of youtube and others. So now you know whaaat this is!  Grin Cheesy Cool
No content creator would care for Qrator if AMP is worth nothing. No curator is interesting in curating if AMP is worth nothing. The value of AMP doesn't come from rewarding people. There have to be people outside AMP that want to get in because getting in AMP is beneficial for them. Curating posts is only beneficial for selling AMP. So there has to be some kind of advertisement model or else AMP will collapse. Or maybe there is another model behind it that attracts people to get into AMP. Why does anyone need to buy AMP ? Question still not answered.
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June 14, 2017, 11:57:58 AM
 #6302

Why digital artists, musicians, writers, photographers, videographers etc. make pennies on the internet while greedy middlemen make millions?!

Digital freelancers, creative people, all internet users… We absolutely need Synereo’s Attention Economy!
kame
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June 14, 2017, 12:10:44 PM
 #6303

Ok guys, I appreciate your replies but it is clear to me that nobody knows where AMP will get its value from. @Elokane, could you please elaborate how AMP will get value in the future ? Is it through an advertisement model ?

>>nobody knows where AMP will get its value from.

oh, not only me, AMP flow scheme is so complex...!!  Cool

One things I wonder is, Synereo should be easy to use to everybody in the world who use youtube and such social medias. If it's too complex, only innovators will show their interest but not ordinal people.

I won't say too much but I hope Qrator will be user friendly and very understandable without manual when I touch and feel it.



 

TrippinOnCheese
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June 14, 2017, 12:32:10 PM
 #6304

Please correct me if I'm wrong, but I have a feeling that Qrator is basically a new kind of a mass pyramid system.
User "a" AMPs content (let's say a Youtube video), and shares his link with others. Those other people can now watch the video and decide if they also want to AMP it. If they do, part of their "investment" goes to the creator of the content, and another part of it goes to the previous AMPer who directed them to that content. This is how the pyramid starts, and the rest is just more iterations of the same process.

Can someone (dis)approve this notion I have about Qrator? The available information online is not so clear regarding the basic mechanisms behind this project.

 
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June 14, 2017, 12:48:50 PM
 #6305

Please correct me if I'm wrong, but I have a feeling that Qrator is basically a new kind of a mass pyramid system.
User "a" AMPs content (let's say a Youtube video), and shares his link with others. Those other people can now watch the video and decide if they also want to AMP it. If they do, part of their "investment" goes to the creator of the content, and another part of it goes to the previous AMPer who directed them to that content. This is how the pyramid starts, and the rest is just more iterations of the same process.

Can someone (dis)approve this notion I have about Qrator? The available information online is not so clear regarding the basic mechanisms behind this project.

 

pyramid system sounds not good impression... anyway, @TrippinOnCheese you better to be in Qrator waiting list, welcome to our club!

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June 14, 2017, 01:08:35 PM
 #6306

Please correct me if I'm wrong, but I have a feeling that Qrator is basically a new kind of a mass pyramid system.
User "a" AMPs content (let's say a Youtube video), and shares his link with others. Those other people can now watch the video and decide if they also want to AMP it. If they do, part of their "investment" goes to the creator of the content, and another part of it goes to the previous AMPer who directed them to that content. This is how the pyramid starts, and the rest is just more iterations of the same process.

Can someone (dis)approve this notion I have about Qrator? The available information online is not so clear regarding the basic mechanisms behind this project.

 

pyramid system sounds not good impression... anyway, @TrippinOnCheese you better to be in Qrator waiting list, welcome to our club!

Impression aside, is this general description correct?
If so, does Qrators also get a part of the investments done by people who were not referred by them? E.g. if I AMP content, and then you come and AMP it as well, do I get some AMPs from your investment?
Also, what would stop me from copying a content made by someone else and have people AMP it instead of the original piece?
TheCryptoKing111
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June 14, 2017, 01:12:23 PM
 #6307

Ok guys, I appreciate your replies but it is clear to me that nobody knows where AMP will get its value from. @Elokane, could you please elaborate how AMP will get value in the future ? Is it through an advertisement model ?

People will need to buy amps to participate and curate content this alone will drive the price higher
Diego24
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June 14, 2017, 01:18:27 PM
 #6308

Ok guys, I appreciate your replies but it is clear to me that nobody knows where AMP will get its value from. @Elokane, could you please elaborate how AMP will get value in the future ? Is it through an advertisement model ?

People will need to buy amps to participate and curate content this alone will drive the price higher
So you curate and as an action of this curation you pay the creator ? Why would I pay to curate a video that is free on youtube. A clcik on the like button is free.
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June 14, 2017, 03:22:20 PM
 #6309

Ok guys, I appreciate your replies but it is clear to me that nobody knows where AMP will get its value from. @Elokane, could you please elaborate how AMP will get value in the future ? Is it through an advertisement model ?

People will need to buy amps to participate and curate content this alone will drive the price higher
So you curate and as an action of this curation you pay the creator ? Why would I pay to curate a video that is free on youtube. A clcik on the like button is free.

See my guess 4 posts past.
Looks like you will get AMPs yourself if you manage to get more people to watch the video and AMP it themselves.
It is an investment with returns that depends on others investing as well (i.e. pyramid).

Again, if I am wrong, I would be happy if anyone could correct my understanding of Qrator.

Diego24
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June 14, 2017, 03:52:05 PM
 #6310


See my guess 4 posts past.
Looks like you will get AMPs yourself if you manage to get more people to watch the video and AMP it themselves.
It is an investment with returns that depends on others investing as well (i.e. pyramid).

Again, if I am wrong, I would be happy if anyone could correct my understanding of Qrator.

I don't think you will earn more money than you put into it. Only if by coincidence you were the first to curate a very good content. But majority will lose money so in the end it will collapse. That's why I am asking here if companies will enter AMP for advertising purposes. If companies buy up AMP in order to advertise on the (future) Synereo social network, than sure it can work without being a pyramid scheme. Of course, in the short run AMP will only get value through speculative investment.
TrippinOnCheese
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June 14, 2017, 04:11:14 PM
 #6311


See my guess 4 posts past.
Looks like you will get AMPs yourself if you manage to get more people to watch the video and AMP it themselves.
It is an investment with returns that depends on others investing as well (i.e. pyramid).

Again, if I am wrong, I would be happy if anyone could correct my understanding of Qrator.

I don't think you will earn more money than you put into it. Only if by coincidence you were the first to curate a very good content. But majority will lose money so in the end it will collapse. That's why I am asking here if companies will enter AMP for advertising purposes. If companies buy up AMP in order to advertise on the (future) Synereo social network, than sure it can work without being a pyramid scheme. Of course, in the short run AMP will only get value through speculative investment.

EXACTLY what I'm thinking.
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June 14, 2017, 04:32:39 PM
 #6312

I think all y'all are missing the maiden source of the economic benefit. Which is that, through the Qrator/Amp mechanism, content developers are compensated for their efforts.

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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June 14, 2017, 06:24:17 PM
 #6313

I have some wealthy friends who will buy into this coin pretty soon, just watch the price spike, don't say you have not been notified  Smiley
Diego24
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June 14, 2017, 08:06:45 PM
 #6314

I Just stumbled  on  this video:

https://m.youtube.com/watch?v=NEn1ayFOD28

Check around minute  31. The boss of Ethereum Classic talks about steemit problem. He says they need to go to advertisement model or they will die. AMP will need to do the same. Now I am 100% sure of it.
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June 14, 2017, 10:03:46 PM
 #6315

Synereo crowdfunding scheme was based on multiple crowdfundings. Considering that the funding was collected in BTC, which multiplied its price by many times, the necessity of more crowdfundings is much less (or none at all).

That being said, AMPs allocated for future crowdfundings should be burned, as they will have no utility. Is there a plan or schedule to do so?

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June 14, 2017, 10:07:01 PM
 #6316

I have some wealthy friends who will buy into this coin pretty soon, just watch the price spike, don't say you have not been notified  Smiley

Sure, your friends will pay a premium for the coin, just to make rich ppl that is going tu get coins at this value Tongue
MIKEY345
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June 14, 2017, 10:34:15 PM
 #6317

This is the future of the attention economy, I am ready for it  Grin

Bring it all on!
chanmaleng
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June 14, 2017, 10:38:33 PM
 #6318

the only thing I can say for sure is a price spike coming, just not sure how far it will go. Any speculation?
jvper
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June 14, 2017, 10:42:45 PM
 #6319

the only thing I can say for sure is a price spike coming, just not sure how far it will go. Any speculation?

Any speculation??? This is all about speculation. I invested in this product and haven't even had a chance to test it out before Beta. All we do here is speculate! Most questions cnanot be answered before the official launch, later this month.

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kame
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June 14, 2017, 11:04:09 PM
 #6320

I Just stumbled  on  this video:

https://m.youtube.com/watch?v=NEn1ayFOD28

Check around minute  31. The boss of Ethereum Classic talks about steemit problem. He says they need to go to advertisement model or they will die. AMP will need to do the same. Now I am 100% sure of it.

go opposite what Charles says, then you get success. this defacto in this crypto world... Grin Cool

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