WEBLOC (WEB TOKEN): Do Consumers Get Straight Economic Rewards For Their Contribution?

wdtdico (7)in #eth • 6 years ago (edited)

About WEBLOC Protocol

WEBLOC Protocol suggests a virtual advertising Alliance shifting from the Media based adverting market on an incentivized marketing place where a block based token economy can be applied. They rightly believe that the if the advertising system can be centralized on the block, marketers can execute ads at their reasonable costs while consumers can direct straight economic values as rewards by evaluating their participation to values made in fair and clear manner. To access this goal, WEBLOC Protocol has made a technological MOU with ICON, offering the advertising platform to D Apps on the ICON main net. They’ll create a new block based advertising system via the WEBLOC Protocol system.

The Problem

• Do users get straight economic rewards for their participation?

The entire economic values generated from consumer’s participation belong to the media. It’s true that media regularly make efforts to boost the consumer’s satisfaction level by offering a super quality of service to users to retain them. But fundamentally consumers don’t get straight economic rewards for their participation and the value made.

• Do consumer data have the equivalent value?
The question has the similar meaning a question whether whole the advertiser pays the similar amount of advertising charges. In terms of searching for advertising, certain keywords need each top costs per click in each certain period of time. In a matter of display advertising, relatively high costs needed to expose ads to certain group’s users. Though, again, those extremely value adding consumers are being treated mutually to ordinary consumers and don’t get a superior reward.

• Why Virtual Advertising Alliance
Advertisers don’t have to spend a massive value of money on placing their ads in a better spot. They can offer rewards to the target consumers and the consumers can get compensated for their participation via the block based token system. In order to move the conventional advertising system toward a block based one, there have to be many advertising networks in the market and the networks have to be linked via the block based protocol to have a superior impact.

WEBLOC Protocol

• WEBLOC Protocol allows many advertising platforms to make their own system based on block and to offer rewards to advertising collaborators in a fair and clear way. ]
• Platforms contributing to the platform can hold their own ICO and lift up funds.
• Users on the platform can contribute in ads to get tokens as rewards.
• The deal Market provided by WEBLOC Protocol system allows listing and dealing at the similar time.
• Platforms contributing in the network can straightly use the WEBLOC Protocol token, making it probable to get the existing users.
• Possible to plan a variety of reward policies

WEBLOC Protocol system

The touchable assets sin the WEBLOC Protocol system is defined as WEB and WEBP.

• WEB: The worth of every token issued via the WEBLOC Protocol can be planned by WEB. The token can be traded in the Trade marketplace or applied as the payment way, defining the market worth and size.
• WEBP: WEBP is the network token that can be applied as a unique token for maintaining the value of the WEBLOC Protocol ecosystem and expanding its upcoming value within the WEBLOC Protocol ecosystem. Contributors can connect in advertising and acquire WEBP as rewards and 25 percent of the total tokens released will be given to the network contributors on the WEBLOC Protocol.

Why Virtual Advertising Alliance?

Advertising in the virtual advertising planet has been established by huge media firms. The media including portal websites and messaging apps where lots of users visit and use each day have vast economic value in the virtual advertising market. A marketer competes for each other and invests more and more cash on such media to expose their ads to consumers by placing on efficient and effective spots, boosting the advertising fees.

The fact why advertisers are focusing on the huge media and willing to pay and more and more to win the completion are extremely clear; those have a lot of users to contribute in the ads. Considering the fact that there’re actual users, not just cherry pickers if it’s possible to expose ads to certain groups of consumers or target consumers, advertisers don’t have to invest a massive amount of cash on placing their ads on a better place. They can offer rewards to the target consumers and the consumers can get compensated for their participation via the Block based token system.

• Block-chain Technology

Network contributors of the network on the WEBLOC Protocol system will be nodes of the network and all generated info and trade records will save clearly. Trade records and advertising data generated by contributors will be safely saved under the laws set by WEBLOC Protocol and the contributors will be rewarded according to their contribution level.

WEBLOC Protocol system will be realized on the block tech of ICON, which has been already listed on the deal market having one trillion won value of market capitalization, qualified safety level, and technical prowess.

With the proof of virtual money on the decentralized block, it’s possible to save the data of all events clearly and build a system where trust is not required and prompt and safe economic value is generated. Such worth will be given to the contributors on the platform. The WEBLOC Protocol on the Block will link the contributors on the platform and allow them to agree to add new info between contributors.

• Protocol

WEBLOC Protocol systems allow many advertising platforms to make their own system based on the block and to offer rewards to advertising contributors in a fair and clear way.

Platforms contributing in the platform can hold their own ICO sale and raise funds with ease process, it’s possible to get whole the help required to issue tokens for ICO sale, made inflation policies and sales plans, and control the schedule. The entire ICO under WEBLOC Protocol system will be supported just by ICON.

• Consumers on the network can contribute in ads to get tokens as rewards

Users who contributed to advertising or formed value with their participation will get rewards. WEBLOC Protocol system takes the rewards for the consumers who made value with their participation for granted and the networks contributing in the network can alter the reward ratio and the max volume of a token according to the contribution-reward policy.

• Possible to plan a range of reward policies

The pay models including CPV, CPC, CPI, and CPM that have been applied in the usual virtual
advertising market can be also used to design a variety of user-reward policies.

• Token

WEBLOC Protocol is a token based on ICX and will be released according to the consumers’ participation and contribution in the WEBLOC Protocol network in a clear and fair manner. It can lead to the lively contribution of consumers into the WEBLOC Protocol ecosystem and helpful impacts on the development of WEBLOC Protocol network platform.

Presale start: Oct 1st 2018 (09:00 KST, 0:00 UST)
Token platform : ICON (ICX)
Total Token supply : 10,000,000,000 WEB
Hard cap : 4,000,000,000 WEB (11,000,000 ICX)
Participating Currency : ICX (1ICX = 300 WEB)

• Value Contribution

The key thing to the WEBLOC Protocol system is the algorithm that rather evaluates the contribution of contributors. The WEBLOC Protocol system is designed to use the advertising models which have been applied in the usual digital advertising system, is utilized as the value techniques of reward worth according to the sales techniques.

• Reward Advertising

It submits to a kind of advertising offering rewards for users’ contribution using spots. The value of such spots can be changed with tokens. In the prize advertising, when contributors accomplish a positive act estimated from them, they’ll get rewards according to the set contribution value.

• Click Advertising, Exposure

It passes on to a sort of advertising offering rewards when ads are exposed or consumers click on
ads. It’s one of the most often applied advertising models charging the prices to advertisers.
As contributors have a little impact on participation to the financial value in this model, contributors hardly acquire rewards. Though in the advertising system on the block, any little amount of participation to the financial value will provide rewards to contributors.

• Roadmap

The road map, which is available on WEBLOC Protocol site and white paper, is not so far written in detail. Also, it just shows the milestones from 2018 - 2019 and lacks of the program for additional development of the official WEBLOC Protocol system. The team will absolutely need to update it in the next. However, the road map is staying impressive because the group can launch the platform nearly soon.

For more info PLZ visit following links:

• Website: https://webloc.io
• Telegram (Open channel): https://t.me/webloc_official
• Telegram (Notification): https://t.me/weBloc_Notice
• Facebook: https://www.facebook.com/weBloc.io/
• Twitter: https://twitter.com/webloc_io
• KakaoTalk: https://open.kakao.com/o/gXVlkWO
• Linkedin: https://www.linkedin.com/company/webloc/
• Whitepaper (KR): https://static.webloc.io/whitepaper/weBloc_whitepaper_kr.pdf
• Whitepaper (EN): https://static.webloc.io/whitepaper/weBloc_whitepaper_en.pdf