GiftCurrent Micropayments

IperDtoken Holders get digital things through GiftCurrent Micropayments. Publishers get a return on their (original and high-quality) content by charging a small fee to have access to the content. Giftcurrent charges are determined by the publisher and the market.

This makes micropayments cost effective!  Zero fees involved. Tokenholders with their (Omni)wallet can spend micropayments with zero fees.

We set up deals with publishers so that our wallet becomes the default way readers buy articles and subscriptions around the web.

We have a jump here to some extent into this niche market. A big part of the value to us is increasing the IperDtoken user and suppler populations. While getting a lot of viral activity.

This usage also increases the Currents Velocity and Valuation.

Another avenue is to use micropayments as a transfer mechanism for pay per call/click/data marketers and for Creator Currents Microventurists.

Micropayments are small stakes especially as traditional transaction processing fees are greater than the pay out. Much more money can be made around e-commerce and mobile commerce. That may allow us to move in on what seems to most to be a niche market.

Further, we can help fix the experience with online content.

Instead of advertising that is making reading an article or watching a video online a somewhat unpleasant experience, with the space advertisement saturated we can offer another way of support without the aggressive advertisements. Every time an article is viewed, “scoring a plus”, a micropayment is transferred to the content provider. The amount in aggregate could easily exceed the advertiser’s fees providing an alternate way for funding.

Keeping IperDtoken Holders in mind we want to provide a sustainable, ad-free experience for them.

Social media platforms can’t be trusted anymore. Their inability to moderate content efficiently, protect user privacy and operate with transparency has broken the trust with users. Their advertising fee structure is exploitive.

Their targeted advertising model requires ever increasing personal data collection and ad pressure.

They promote content virality over quality through suggestion algorithms.

They are not agents of the Common Wealth.

Ad Free Service

We provide, a remove ads across the web subscription. The charge might be 5000 Micro Giftcurrents  for a month. This provides an alternative to the ad based revenue generated for the website. To Token Holders who subscribe we deliver to them an ad free experience. When they go to a page before it is delivered one way or another it is delivered free of ads. Instead we use Microcurrent amounts to compensate the provider of the content by the consumer in direct exchange with the content supplier.

We remove ads on sites they go to and distribute currents to the sites visited based on content engagement.  We replace advertising with Giftcurrents Micropayments.

This is useful for the following reasons

Matter of life or death for many websites. Ad blockers are preventing 20% of website traffic from seeing ads — that means one-fifth of a site’s revenue is completely blocked.

More and more websites are resorting to locking out readers who are blocking their ads. They can’t pay for their site’s required bandwidth, let alone for the writers and producers, if people are not supporting them.

Here they are compensated for all visitors who engage in some way. We encourage engagement and exchange.

Making sure these websites have enough means to exist is crucial, because having access to quality articles, videos, journalism, and other ad-supported content on the web is extremely important to all of us. Without these sites, the internet would not be the source of information, news, and entertainment that makes it so valuable to the world.

Our approach allows good remuneration to publishers while reducing the rates of fraud and eliminates identity theft.

Publishers and the token holder users will find it easy to interface with each other

Content creators will be able to monetize their creations.

IperDtoken holders get versatility and choice enabling them to access and/or monetarize content independently wherever they want, blog post, news items, YouTube videos, scientific articles, repositories, posts etc.

We can also compensate them for inserting a viral link. Or, they can benefit by having the user who does not as yet have a IperDtoken address by having the user as a source for Referral Gifcurrents.

Content creators can distribute their digital content through file encryption and decryption.

Publisher still own the file and hosting, setting the price offering their content to an increasingly unlimited audience.

Who is our Market?

Billions browse every day for content news, videos, music, blogs and answers.

As it is now, content creators receive a very small or zero royalty for the content they produce. This is a real and unfair situation with a revenue distribution gap between the creators and delivery intermediaries.

Publishers lose significant ad revenue due to ad blockers with 45 billion US users alone using blocking ads. Adobe estimated Global ad revenue losses to be around 42 billion dollars back in 2016.

Also they lose out if they use commission platforms. Subscription marketplaces like Amazon take 30% commission for signing up new customers. What all this means is that content monetarization is broken.

There is a significant hidden cost of personal data abuse. Users register their personal details to many sites they visit including payment information. This creates lucrative targets.

Fortune estimated it costs a company around $160 per stolen customer record. If they stored none they would save virtually all of it.

We have an ecosystem where the Publishers and tokenholders find it easy and natural to conduct business directly with each other. Content creators have a platform to monetarize their creations.

Market size for micro buy tokenization

 US adults spent 5.6 hours day viewing digital media. Looking at a 28 billion monthly page views across the top 300 media websites in the US and UK we have an estimated market opportunity of an average of 82 pages per month per internet user. Scaled for the global internet population of 3.4 billion you’re likely to be around 280 billion page views of media per month together with a hundred and fifty billion YouTube etc views per month so globally we have 330 billion content views a month and this is increasing every month.

Internet advertising is over $100,000,000,000 a year. That is our market target. To disintermediate this.

 

So there is a big gap between what is being viewed, what is being paid for and what they are receiving.

Major content portals like Netflix, Hulu and Amazon have convinced consumers to switch to a subscription model for content bingeing. Most video-on-demand customers only subscribe to one service

This subscription saturation gives us the opportunity for more content the user might like from a provider not licensed on their single subscription

Looking at how they consume music, a survey showed the majority of Internet users prefer access rather than owning it.

Spotify was delivering 750,000 streams per minute worldwide yet artists like James Blunt only received 450 pounds per million playbacks. If he received 0.01 giftcurrents per playback that equates to 10,000 Giftcurrents ($14,000) per million playbacks.

We have a huge scope for offering content creators higher returns which we can provide through our Giftcurrent Engine. For projects, we employ microventurism strategies.

The identification of issues

• Reduced revenue of digital content sales to the publisher due to market centralization and high intermediary fees which we bypass.

• An inability to offer ultra low price points due to transactional fees even with the crypto-currency market. Our price point is less than zero.

• No simplified way to monetize content published on existing platforms. We provide a turnkey approach.

• We provide an alternative to the ad based or subscription-based revenue generated for websites.

We address these issues with an easy-to-use effective method to process micro-transactions.

We give clarity to all parties and improve legacy processes for digital content distribution. We have a borderless available 24/7 real advantage.

We can offer a complete suite of content management tools to deliver and sell any type of content.

We have an easy to use fast as well as effective process, with efficiency, privacy and security and unlimited exposure for the digital content.

Our micro platform provides the mechanism where tokenholders stores can sell or buy digital content through our HoloMid Marketfield Engine. Www.marketfield.market

We make the workflow simple, the tokenholder experience is smooth.

Publishers have seamless securely encrypted data. They upload their digital content to multiple locations, they set their price as they see fit, and they get a secure container hosted in the aggregated vault.

We have the user-friendly UI with a client application for handling encrypted file transfer and modifications of the content attributes so we facilitate platform independent client development made of mobile application or monitor a citation process.

Publisher uploads or promotes their content, people can vote on it, pricing reflecting a reputation coefficient.

Consumers download the content or simply give a sum transfer upon reading. Two choices, thumbs up with GiftCurrent transfer, Not thumbs up.

Publisher will be able to exchange their Giftcurrents for other crypto and for useful benefits and rewards of all sorts through CoHeroGen – Cure-Rated Genius ShoPlace, but never directly fiat.

They provide a description set a price, the metadata such as title short description they get a link or widget link to promote the content includes the information required to fetch and purchase the file.

The content consumer has around three ways to receive the content they choose

• content link

• widget

• press a button to pay by microcurrents.

The information about the file provided by the publisher to decide whether they want the content or not the purchase the content simply press the button and make sure they receive it to the back end the download the content done or a streaming process is entirely automated through a client-side application on their browser without any effort by the consumer and not interfering with the user experience.

Storage

We provide storage aggregations for the publishers to upload content to as well as other cutting-edge technologies to distribute the content. Publishers can select multiple options to upload simultaneously.

Understand how DropBox makes money. DropBox runs on Amazon cloud. Behind the scenes, all that Dropbox does is resell Amazon cloud space. Amazon charges them $X, Dropbox adds their profit and costs $Y on topof X charging each user, $X + $Y. In our case, we absorb, storage costs into the Xat as an expense so we can offer storage as part of the micropayment structure giving us again a big pricing advantage.

The content management dashboard has free content management tools so the publisher can precisely define the content’s attributes, provide illustrations like cover art thumbnails to make it attractive.

Pricing tool sets the price point for their digital content.

The option for free promotional downloads, able to start publishing content for free build a reputation and later charge for their digital content. They may offer volume free downloads or views to their customers for viral promotion which of course helps Wholonomics!

We invite collaboration.

Repubank

We provide a reputation system in order to be labeled as a trusted provider.

Increasing their repubank account gives greater confidence to consumers. Content can be evaluated by tokenholders creating a community-based rating system.

Copyrights

We will respect the rights of copyright owners. Will work on policies, designs, technologies to address the issues of international copyright compliance.

We will establish policies in our terms of use in this area as to abuse of copyright do to have a means to allow tokenholders to report copyright infringement and malicious content. We employ systematic measures to deter abuse.

Auditing

 

We are transparent for open auditing.

Encryption

We will provide encrypted data ultimately double encrypted tamper-proof with instant description of content this will allow content providers to distribute or sell without piracy loss of copyright at the same time users obtain content without constraints. We will provide an interface to allow content providers, containers to publish easily to an increasingly unlimited audience

With encryption neither operations nor any third-party storage provider will be able to view content or its metadata with data double encryption with a separate set of keys. This insures confidentiality and integrity of content in transit during uploads and downloads as well as in storage. This will prevent malicious attackers from tampering with the file content or its metadata.

We can have multi-threaded transfer.

Next stage, we can and will have secure multi crypto payment wallet supporting all different types of crypto for exchange with Giftcurrents.

Tipping Service

We can integrate a content tipping service. This allows the website publishers to embed a tipping button in their websites prompting users visiting sites to pay tips to the publishing of the media which sends him over to our site where they can get a token number with the publisher then receiving referral currents.

Set up for signing up and giving them a certain number of giftcurrents off the top for the micro-transactions.

Publishers do publish content on an external platform such as YouTube can choose to receive tips from their viewers who wish to support them by enabling the tipping service for each content item.

Our payment app allows websites such as news agencies and blogs who want to charge their readers for articles to use our payments to manage that included as a client-side scripts that we provide.

Our ad free browsing giving them the option to enjoy ad-free browsing through the visitor paying a micro gift current fee to have the ads removed while the publisher is compensated for loss of ad based Revenue.

We  have of course emergent payment gateway for merchants who would like to enable payments as well as revenue disbursement for sites they’ll be able to use our extended API functionality. Giftcurrents in this context functions as a utility token.

Giftcurrents are a multi-purpose instrument with a range of roles and features.

Facilitates frictionless unrestricted payments. We avoid cumbersome expensive payment service providers, revenues paid directly to the publishers.

Some of our micropayment markets

• Those who view content like social business news, finance, health, sports, movie reviews but don’t want to see advertising

• Those who like watching TV box sets movies on demand movies from other countries gameplay videos but don’t want to pay for it yet another subscription.

• Independent Media who want to share their content regardless of geographic location

• Token holders seeking ways to spend on useful content.

Gamifying

 

Here is a nearly perfect way to gamify Wholonomic marketing, increase brand awareness, launch campaigns to targeted groups. If we do this correctly, this will become extremely viral and every time somebody goes to a site, they come to us to become a token holder so they can receive premium content.

Through our Wholoship Portex we provide a broad spectrum of marketing tools.

Some real added value through our solutions, every publisher gets their own digital shop and every consumer will have access to it for free.

We have no commissions no intermediaries for any of the digital content sales. Everything already covered out of the HoloMid Marketfield “Heat or Xat”.

We will be able to offer premium service to the content suppliers.

• Customized templates with their download pages with their logo banners etc.

• Branded personalized profile pages

• Widgets where the publisher can showcase various content to download

We can integrate a subscription model where the publishers can allow access to premium products and the ability to provide unlimited free downloads to their interested parties through our autoship function.

We have ways to fund our operations with different revenue methods for instance

• 2% of the Tipping feature or maybe more for an advanced tipping feature

• A payment processing feature

• Ad free browsing feature

• Merchant payment Gateway features As our economy is internal we can be much cheaper than any payment processor or even free or even compensating users. The whole Payment Processing industry, we can totally undercut them

We project having 100 million IperDtokens within a year of launch growing to over 500 hundred million monthly active users within a couple years. Publishers using Giftcurrents is projected to grow at least 20% a month. This will result in a very beneficial operation for all parties.

This could result in the distribution of over a 10 billion items of content per year and as with this kind of operation the cumulative revenues are on an exponential curve while cumulative cost is linear.  So after a short time, this module becomes extremely profitable.

If the Giftcurrent Millaurum is worth $1.40 and the micropayment charge is 0.01 = a Current Cent, for example a view of article and they get 100,000 views equals 1000 Currents or $1400 in “wholesale priced” benefits.  These numbers are for illustration.

Use microcurrents to post suggestions, vote on questions, give comments, tag content and earn rewards back from the content providers. The exchange totally and frictionlessly can be bi-directional.

Fans of the content provider  support their favorite creators and curators with the tip feature.

Shoplacers promote what they have on the platform through indigenous to the platform adverts.

Tokenholders spend to access premium content.

Some references

https://www.campaignlive.co.uk/article/revenue-lost-ad-blocking-estimated-14bn/1359308

https://www.cjr.org/business_of_news/will_ad_blockers_kill_the_digital_media_industry.php

http://happymag.tv/lets-play-a-guessing-game-how-many-songs-are-streamed-each-minute-on-spotify/