I really love Honest Cash, which is why I spend so much time promoting it. But going around knocking on doors (figuratively speaking) really isn’t the most efficient way to spread the word.
The other day I spent $50 dollars on Twitter to promote my tweet about how Honest Cash should display its most valuable content on its homepage…
First I entered my credit card info…
Personally I would have really preferred to pay with Paypal.
The next step was to specify the location and the budget…
For some reason there were only three locations available…
Why Colorado? I live in California.
The minimum budget was $50 bucks. According to Twitter, this amount of money would buy me approximately…
I clicked the payment button…
Here were the results…
Would I have gotten more bang for my buck on Facebook? Last month I tried to spend $30 bucks on Facebook to promote Honest Cash. Here was the post that I wanted to “boost”…
I clicked "Boost Post" and selected the target audience…
… and then I selected the budget and duration…
The ad wasn’t approved because, according to Facebook, crypto is sketchy.
A few years ago on Facebook I spent $100 to boost a post and it received over 100 “likes”.
Facebook and Twitter both make it relatively easy for anybody to spend their money to help their content reach a wider audience. Both websites make advertising more accessible.
The effectiveness of advertising on Facebook and Twitter is… debatable. But what about the demand for this service? Obviously I’m not the only one who is willing to pay for more eyeballs.
Are there any websites that offer self serve advertising, and accept cryptocurrencies for payment? Twitter, Google, and Facebook all allow for online self serve advertising. They seem to only accept national fiat currencies for payment.
Are there any popular websites, probably social media websites, that accept offer self serve advertising features, and accept cryptocurrencies for payment?
I hope such a website exists, or exists soon if it does not already. Of course, it should have an accompanying Android and iOS app that also has self serve advertising connected to the website, and also accepts cryptocurrencies for payment. Such a site/app should also allow for members to pay a small monthly fee with cryptocurrencies to not see ads on the site/app.
HC already offers self-serve advertising, but we can only boost other people’s posts. On Facebook and Twitter it’s the opposite.
In a discussion with Minglechain I put it in terms of a drowning child…
Twitter/FB: only the child’s parents can rescue the child
Honest Cash: everybody but the child’s parents can rescue the child
HC’s founder, Adrian Barwicki, seemed to be on the verge of making it possible for us to boost our own posts, but then his priorities changed. The problem is that his new priorities aren’t accurately informed by our priorities, given that we don’t have the opportunity to boost our own suggestions.
Let’s say that Barwicki did give us the freedom to boost our own posts. How much money would I be willing to spend on my post about putting the most valuable content on HC’s homepage? If I spent $12 bucks on it, then it would outrank HC’s current highest ranking story. Anybody not happy with the new rankings would be more than welcome to spend their money to improve them, which is the true beauty of HC.
Personally I’m certain that this system of collaborative advertising is far more effective than Facebook and Twitter’s system. On HC we can boost a post for as little as a quarter, which makes advertising super accessible, and we can actually see the rankings, which makes advertising on HC far more transparent.
Crowdfunded ranking will revolutionize advertising. It’s just a question of whether HC is willing to lead the revolution.
If Barwicki doesn’t want our money, some other entrepreneur will come along and be more than happy to take it.
HC has proven that some people are happy to help boost other people’s posts. Facebook and Twitter have proven that some people are happy to boost their own posts. It shouldn’t take an exceptional entrepreneur to put two and two together. Everybody should have the freedom to boost anybody’s posts… especially their own.