Use optional ad revenue to lower fees.

[CoinHoarder]

Scratch that... I'm not sure how useful this would be. Most people would rather go with an ad-free option that is low cost (or free) rather than a low cost (or free) version with ads. Surveys seem like a non-starter.. no way would I take the time to fill out a survey to save $0.05 when another service performs the same function for free.

[luckybit]

If the ads are optional, then yes please.

As to how it could be done...

I think the freemium model is good for lowering the barrier to entry but also it provides useful metrics for the industry as a whole. Surveys for example could allow developers from many different projects to know where the demand is and better meet it. Ads for everything from Muse, to Indentabit, to various altcoin companies, all could be used.

But one way or another we have to build the economy and if people cannot pay the fees because they don't have the money then they can pay with attention. Someone mentioned gateways, I don't know if that is the way to do it, but I don't think it's impossible to collect data directly from the interface, anonymous use statistics, surveys so we can know what our demographics are and what they tend to buy, ways for new projects to get clicks other than the forum, but for it all to work the Bitshares interface has to be more sticky.

Gamification is a great idea. And since anyone can host a wallet, maybe a Chinese entrepreneur can host a freemium wallet where people watch ads and take surveys to pay the fees.

[fuzzy]

Lets just PAY them to view ads so they can pay their fees.

https://docs.google.com/document/d/1bQVLiXR68Uv-Ea9s9YldjD16Qz-GWG7sgWih3Jiv9Dg/pub

Here's an internal document from Freebieservers discussing the possibility of using advertisements as a means to lower entry barriers for end users, especially in growing economies.
We didn't pursue it as a business and have scheduled it for the unforeseen future. Sharing, because relevant.

This is precisely why I love these guys.  They know crypto---because they understand two factors that it seems most of us miss: 
1)  3rd world barriers to entry and
2) Gamification techniques

[CoinHoarder]

If the ads are optional, then yes please.

As to how it could be done...



There are already ad networks that pay in crypto, combine gateways and half of the equation is already completed.

[luckybit]

Chinese don't want to pay for high transfer fee,
also don't need to see the damn ad.
they have  alipay and a lots of  bank can tranfer for free.

Then let them use Alipay. If they need the unique exclusive features of Bitshares then let them use Bitshares. Alipay is rumored to by backed by the state so of course it can run without any fees and without being profitable.

But in capitalism, nothing is free. Chinese don't have to want to pay the fee, they have to. We all have to pay the fees as the cost of service just like with Bitcoin or anything else.

the simple logic is: BTS set high transfer fee, BTS lose the payment business at Chinese market.
so let's just focus on exchange business, forget about the payment.

In capitalism you can't get something for nothing. Either pay the fees or watch the ad to pay the fee. To do neither is to ask Bitshares to somehow let Chinese users use the network at a loss to the network while everyone else subsidizes it. It's not sustainable, it's not fair, and even Google and Facebook pay for themselves with ads.

Freemium is really the only way you can have the feeling of free and freemium isn't actually free. It costs money to run Google and you pay for it with your eyeballs, your attention, which means Google is an advertising company because you're not paying the monthly fee to use Gmail and other services.

Pay the fees or watch the ads. I will not be supporting lower fees. If you think Alipay can do everything Bitshares can do, then go use Alipay.

[alt]

Chinese don't want to pay for high transfer fee,
also don't need to see the damn ad.
they have  alipay and a lots of  bank can tranfer for free.

the simple logic is: BTS set high transfer fee, BTS lose the payment business at Chinese market.
so let's just focus on exchange business, forget about the payment.

[sudo]

maker taker
the one maker  add market depth  low fees
the one taker  low the depth more fees

[Method-X]

Lower the transaction fee, placing and canceling order fee.
Increase the fee when trade success to 0.05% or more.

We will get more income,  and less argument.

This. There is nothing inherently wrong with the referral program; only its current implementation.

[luckybit]

Lets just PAY them to view ads so they can pay their fees.

That is the basic idea. People who don't want to pay upfront can accept the freemium model and then everyone wins. We get people who have more money than attention and who do not have time to view ads, who will pay the fees or lifetime membership. We have people too poor which means they have more attention than money, so we can monetize their attention just like all the other free sites attempt to do.

Ads should be able to pay at least 20 cents an hour, at least 1 transaction an hour, 12 transactions a day,  or something reasonable like that. It ought to be enough money and it scales up if millions of users are involved.

Who is going to implement this and how ?
Who will embed ads and how much will it cost ?

I don't think it would require a hard fork, and from what I see of reactJS it seems trivial to implement ads. How to go about doing it in a decentralized way is a challenge but I think Bytemaster could dream something up. It's a source of potential revenue and the ad money would definitely flow in because people will want to hype their new assets, new opportunities, etc.

[emski]

Lets just PAY them to view ads so they can pay their fees.

That is the basic idea. People who don't want to pay upfront can accept the freemium model and then everyone wins. We get people who have more money than attention and who do not have time to view ads, who will pay the fees or lifetime membership. We have people too poor which means they have more attention than money, so we can monetize their attention just like all the other free sites attempt to do.

Ads should be able to pay at least 20 cents an hour, at least 1 transaction an hour, 12 transactions a day,  or something reasonable like that. It ought to be enough money and it scales up if millions of users are involved.

Who is going to implement this and how ?
Who will embed ads and how much will it cost ?

[luckybit]

Lower the transaction fee, placing and canceling order fee.
Increase the fee when trade success to 0.05% or more.

We will get more income,  and less argument.

This is worth considering. Smarter fee structures may even allow us to raise the fees without it feeling like it.

[luckybit]

Lets just PAY them to view ads so they can pay their fees.

That is the basic idea. People who don't want to pay upfront can accept the freemium model and then everyone wins. We get people who have more money than attention and who do not have time to view ads, who will pay the fees or lifetime membership. We have people too poor which means they have more attention than money, so we can monetize their attention just like all the other free sites attempt to do.

Ads should be able to pay at least 20 cents an hour, at least 1 transaction an hour, 12 transactions a day,  or something reasonable like that. It ought to be enough money and it scales up if millions of users are involved.

[Xypher]

Lets just PAY them to view ads so they can pay their fees.

https://docs.google.com/document/d/1bQVLiXR68Uv-Ea9s9YldjD16Qz-GWG7sgWih3Jiv9Dg/pub

Here's an internal document from Freebieservers discussing the possibility of using advertisements as a means to lower entry barriers for end users, especially in growing economies.
We didn't pursue it as a business and have scheduled it for the unforeseen future. Sharing, because relevant.

[xiahui135]

Lower the transaction fee, placing and canceling order fee.
Increase the fee when trade success to 0.05% or more.

We will get more income,  and less argument.

[bytemaster]

Lets just PAY them to view ads so they can pay their fees.