Advertisement of competitive bidding method by burning SBD
Abstract
In Twitter, there are advertisements between tweets. But, steemit doesn't have it. BNB coin has been been periodically burned every quarter. But, steem blockchain doesn't have powerful burning ecosystem. I have thought if steemit has advertisement of competitive bidding method by burning SBD(Steem Dollar), it will be good for STEEM ecosystem.
This is an example of the advertisement. The 1st advertisement places on the 3rd place of the my friends and all posts pages. In these pages, the marketing target could be everyone. Because, on public blockchains, no one can collect private information. So, the target marketing could be difficult in these pages.
Subsequent advertisements place on every 4th posts. If there are few of advertisers, the existing advertisements are proceeded in the infinite loop.
steemit has lots of communities on communities page. So, if there is an exchange that wants the promotion on SCT community, they will be able to do the target marketing.
I think advertisement function should be in the wallet page. Public users don't need to see the function on their blogs. The function is located on a subpage like this.
If you click the Advertisement subpage, the screen shows like this.
When advertisers click the Public button, they can start bidding. The minimum bidding SBD is 10 SBD to prevent abusing. It depends on the market environment and the number of steemit users, etc. Advertisement lasts for 7 days.
Let's assume that there are 3 advertisers. ⓐ advertiser bids 20 SBD. ⓑ advertiser bids for 17 SBD. ⓒ advertiser bids for 25 SBD. ⓒ advertisement is located on the 1st place. All advertisers can track all transactions on STEEM blockchain. So, they can be competitive each other. To do it, wallet page should broadcast the bidding transaction on STEEM blockchain. SBD are immediately sent to @null. As well as, it includes to write an ad post.
When advertisers click the Communities button, they can start bidding. The minimum bidding SBD is 20 SBD to prevent abusing. It depends on the market environment and the number of steemit users, etc. Advertisement lasts for 7 days.
To do so, SBD will be more useful than now, and the trading volume of internal STEEM exchange will increase. It will be positive for STEEM as well.
It's a great idea, paying for advertising can be both with sbd and steem
I would think that opening to advertisers is smart as long as everyone knows that the payment with sbd and steem from the advertisers will be burned
I agree both are ok. But, STEEM and SBD price is different. So, we need to opt one of them.
Not a bad idea but it should be steem used instead of sbd... we want to create demand drivers for steem.
I agree both are ok. But, STEEM and SBD price is different. So, we need to opt one of them.
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Wow, great idea from you. Some users are searching for their target communities because they only have an interest in that category.
If we publish ads here based on the theme of community, then all users will get familiar with it.
They easily reach their target community too. It's a really great idea from you, sir. I hope , team will think about it.