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58 sats \ 5 replies \ @grayruby 20 Sep \ on: Ek's Irregularities #1 | Clickbait Title mostly_harmless
100k base reward pool from stackers should be coming from sponsors now not 5 years from now.
Minimum 1 week sponsorship, maximum 1 month.
Low hanging fruit:
- bitcoin pods
- conferences
- financial services (swan, river, unchained)
- book releases
- new product launches
now not 5 years from now.
Yes, 5 years is a long time but I wanted to say that somewhere between now and 5 years the rewards should be mostly made up of fees and not of selfless, unsustainable donations. Similar to how bitcoin mining rewards are currently more subsidy (99%) than fees (1%), see block 862286.
I think paying 700k sats for an ad at the top for a week is not a good deal yet. Feels like 50% is still a donation but I haven't run any numbers on how useful ads on SN are for other companies.
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Why do you think it is not a good deal? How many visits does the leaderboard page get per day? How many unique visits?
I think it is pretty cheap marketing especially for bitcoin related products and services. Captive audience.
You are probably paying 10x what you would per impressions say on social media but it’s static on page not people scrolling by and you are advertising to your direct target audience.
Even if you can only get 50k a day. Thats still better than 0.
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Why do you think it is not a good deal? How many visits does the leaderboard page get per day? How many unique visits?
It seems expensive but I know I am lacking knowledge to really tell
frontpage: ~3k unique visits per day
rewards page: ~75 unique visits per day
I think it is pretty cheap marketing especially for bitcoin related products and services. Captive audience.You are probably paying 10x what you would per impressions say on social media but it’s static on page not people scrolling by and you are advertising to your direct target audience.
Mhh, captive audience and that it's static are very good points! It's not just a random annoying ad most have blocked or just scroll by. On SN, you can even ask questions etc.
Even if you can only get 50k a day. Thats still better than 0.
Mhh yes. The boost changes now make ads more competitive though so it might even be harder now to give sponsors a real deal. You could get away with 100k for 30 days if no one else bids more within that period, but if someone does, then they replace you. If they picked a different territory, you would still be pinned at the top in the territory though.
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Oh, I've been mixing sponsors as in "entities who use boost to have their post pinned" vs sponsors who actually have their name above the rewards.
You're right, the last thing is still possible and I think we actually also showed them on the front page as a banner. We did that when bitcoin++ was a sponsor iirc.
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