RE: Why Does Leo Remind Me Of Splinterlands?
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I'll be honest. I havent seen much about the ad share stuff. Mostly because it doesnt really interest me. But I am curious whose eyeballs and where will these ads be seen?
Will the ads be contained only to Leofinance.com or will they be added to the body of a post that will then show on every Hive front end?
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The adds are already there, the difference is that the Leo tokens that are bought, will not be burned anymore. Instead those with Leo powered up will start receiving more free Leo in relation to their staked Leo.
So the Leo finance team is directly sharing add revenue with everyone that has Leo staked. And the the more you have, the more you receive.
Couple this with a much higher add revenue, because of much higher numbers of clicks caused by the activity on threads and this could indeed be a game changer.
So the ads are on threads? I see no ads with ad blockers and Brave browser. So where does the revenue come from? Where are the ads served from? Who are the advertisers? How much are they paying to advertise. Etc These are important questions I do not hear answers to.
It's great to share ad revenue but many people run ad blockers for more than one reason. Many want privacy and dont want to be tracked all over the internet. If the ads are being served from some dumb place such as Google, Facebook, Amazon, etc then I know some people who would not want to share the ad revenue from that. It goes against the principles of Web3 and being decentralized. It's one of the main reasons for the general public to get interested in Web3 and not addressing those issues they will not come from that into the same thing wrapped in a new shiny wrapper.
Just listen to the last AMA.
And many Leo fans have turned off addblock for leofinance.io
Sorry. But I dont turn off ad block for anybody. If I have to see an ad to see content then I dont need to see the content.
Especially if I can pay the content creator directly with an upvote or tip without seeing the ad. Im not into double charging people.
But now you share in the ad revenue, which is unheard of in social media. It's as pure web3 as it gets, the owners of the tokens...Are the owners of the platform. We all get rewarded, the more ads are served.
Posted Using LeoFinance Alpha
It is not the first revenue share in social media. YouTube has done it for years. You may argue that YT isnt a social media site but make no mistake it is. Users interact with each other in a social way in order to keep eyeballs on the ads. It is just like every other social media site.
I would argue that it is the exact opposite of pure Web3. One of the basic fundamentals of Web3 is to cut out the middleman. Consumers purchase content directly from the creator. You own your content and you own your audience.
Not to mention that to serve ads means there is most likely an ad server somewhere ran by an ad agency, on an untrustworthy AWS or Google server/datacenter that is collecting some kind of stats to track said ads. Which is also another violation of a basic fundamental of Web3, privacy.
If the ads stay on Threads and are not shown on other front ends I have no problem with it. People can choose to not go there.
But it is NOT Web3. If we want real Web3 we need to think about other ways that doesnt include repackaging ye ole advertising models thats been used for 100 yrs or more into new shiny packages and pretending it's something "ground breaking and new". You can take crap out of a paper bag and put into plastic bag and call it "new" all you want.
It's still going to be crap in a bag.
If it does anything it will create a nice little inflated bubble that will eventually burst and it will be another thing the outside world will point at and say "See! Web3 wont work!!"
I guess I'm just frustrated with the way people are pushing the terms Web3. When you get down to it. Advertising is what gave us Web2. Do we really want to cram it into Web3? It is what caused us to run from Web2. It started all the privacy invasion, centralization, data harvesting, social engineering, governmental controls, etc.
Lets not start Web3 by doing the exact same thing.
We can do better. We have the best minds and the best devs in the world. We are Hive after all. Our children deserve better than Web2.5. Which is what ad's on Web3 is.
YouTube shares a tiny fraction of the revenue.
With leofinance all will be shared. The higher your ownership, the higher your earnings. This van only be done in a decentralized system
You do come across as frustrated indeed, also with an opinion without too much knowledge about the way leofinance has set this up.
The ads are on all leofinance websites, including threads. The revenue is shared 100% with those that have Leo powered up.
This is not the main income obviously. Most of that comes from upvotes. However it is a nice additional income stream.
I get what you are saying. But advertising is what created web2 and all the tracking, privacy invasion, data collecting and loss of freedoms. Advertising is not a Web3 principle and should not be crammed into it. Advertising has been used for over 100 years and never changed. Web3 is supposed to be different. Ads just makes it Web2.5. It's not Web3.
Ads will be the reason why Web3 will never be adopted by the general public.
I think you’re right on saying that this is web 2.5. Now that I think of it, a lot off things that leofinance is doing/building has both web2 and web3 characteristics.
Now you see my point.
It's the principles that we should not be willing to sacrifice for a little momentary monetary gain.
It's the principles that will take Web3 to the moon and back. But if we sacrifice any single principle it will ultimately crash the rocket on lift off.
Like the entire ETH ecosystem 😜
I do think the 3speak ecosystem will be absolutely key for hive.
You mean the Spk Network. 3Speak will be just a community running on Spk Network.
And yes it will be a key player in, not just the future of Hive, but Web3 as a whole.
But we can do Web3 now if we stick to the principles and kick out the old ideas of internet standards.
The Web3 of tomorrow like Spk is doing a whole new foundation that will solidify the principles and turn those principles into the internet standards of Web3. An OEM of Web3 if you want to call it that.
I turned off my ad blockers for leofinance, because it actually pays me if more people see the ads. So for me, I have no issue with a banner or two being placed within the content of Threads. It's very clean and tasteful, not in your face and annoying.
Posted Using LeoFinance Alpha