Video: Crypto Weekly (2/18/18)
In today's episode of Crypto Weekly, we talk about Coinbase double charging customers, the Telegram ICO hitting $850M, news outlets injecting Monero mining scripts into their websites and more!
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I got doubled charged from coinbase and saw the reversal how the bastard banks charged me a $60 international fee which was not reversed so now begins the 3 hour telephone call to get that reversed as well.
Lol that you are saying you think the add model is better but then saying you use an add blocker... Now you did say you turn it off for sites you wanna support. Not sure what the solution is for add and revenue for creative content. I have never supported anyone on patreon on can't see myself doing that.
You touch on steemit a little bit. Just curious what your thoughts are the smart media tokens? I don't see BAT taking off either. Do you think you could make more money on a social media site on EOS? Seems the payouts would be much higher then the Steem payout here.
Do enjoy your videos and think you are one of the best. I hope you can continue to put out videos.
I'd beg to differ on what you said about revenue opportunities on Steemit vs YouTube. For instance looking at your YouTube videos over the last 8 months they have had 424k views. From numbers I've heard from other YouTubers I think a typical payout for an ad-sponsored YouTube channel is around $2,000 per 1,000,000 views. So you might have made $800 in that time if you had ads (I pay for YT Red so I never see them anyway). For comparison looking at your Steemit posts over the same time frame I did a quick visual tally and they've racked up around $450 of which at least 2/3 goes to the author (I think it is actually closer to 75%). So let's say $300. For sure $300 is much less than $800 but I'd say that's not bad for an account that has just over 500 followers.
Plus the amount of rewards that Steemit authors get really depends on how they interact with the community (I see you do respond to comments here, thanks!), upvote good comments (doesn't look like you do much - if nothing else it raises the good comments to the top), and bring their fanbase to the community. Look at someone like David Pakman @davidpackman who has successfully built a great following on Steemit and DTube after suffering from "Youtube demonetization" - he's made thousands of dollars here, actually probably tens of thousands since he arrived last summer.
That's the flip side of ad models - when the advertisers or channels decide they don't like your content you are screwed. Imagine if businesses around the world suddenly decide all things crypto are bad because they are threatening their business models and start telling YouTube etc. that they don't want to advertise anywhere near it. Or maybe governments will do that. Suddenly technologists talking about blockchain and decentralized tech around the world will find massively declining ad revenue (except from ICO ads, they don't care!).
The interesting thing about Steemit is there is advertising - you just don't see it. I mean there could be a lot more, or it could be highlighted in a different way depending on the frontend you use (Steemit isn't the only way to view the Steem blockchain). But every day people are paying $$$ to promote their posts for whatever reason. I'd love to see some figures on that (and Steemians out their know figures on this?)
Anyway, whatever way I get to see your videos I do love that you're sharing your expertise, knowledge, and opinions - you provide very valuable insight in the field.
BTW I'm also a supporter of BAT - I've been following them for a year now. Really the only thing that is causing your payouts to be so low is how few people are using the Brave Browser. I don't think they go out of their way to promote it because they are still evolving the technology behind it. However I do love that it is a system that protects content consumers privacy and gives content providers the option to share ad-revenue with their readers - and for consumers to utilized earned BAT to decline ads where they don't want it. The real issue for BAT is that so much advertizing is done inside video streams and in mobile apps where it is really hard for BAT to get a foot in the door. Only content producers making a conscious choice to move to alternative distribution technology (hello Steem et al) can for change that.
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