A large number of developers and service providers rely primarily on traditional monetization models such as display ads. However, with clear disadvantages, developers and providers are readily interested in rethinking their monetization strategies2 and looking to capitalize on blockchain computing in providing incentives to user computing resources. Our analysis of the market reveals several models of content monetization, identifying market opportunities and outlining our competitive advantage.
Long sessions apps are apps that engage users for a sustained period of time. On-demand streaming providers like Netflix, Spotify & Hulu are examples of providers that longsession applications. Video games are another example of a long-session app.
While traditional monetization models like Google AdSense are best suited for short session use cases such as websites, blogs, etc., the Sleekplay monetization model is useful for such longsession applications. This model allows developers or service providers to earn revenue from the amount of time spent involving which content is not possible with the Google AdSense model.
SleekPlay Solution Offered
Unique Goal-Based Monetization Model - Our platform gives application developers a new way to monetize content and offer incentives to users to donate the computing power of their devices. Users can enjoy premium access, quality experience, and seamless content at no cost, while app developers earn revenue from user-driven value contributions.
The current industry monetization model revolves around a free ad level approach or a subscription fee system for accessing premium content. We recognize bad effects advertising to have user experience and brand equity as a whole. Therefore, Sleekplay is built around the destination system.
The goal system forms the backbone of the Sleekplay monetization model. The destination system is built around the idea of a long session involvement by the user
Sleekplay-powered app or service. Users are given the purpose of time-bound and time-bound app engagement. Users who comply with established goals get all the incentives associated with premium offerings from Sleekplay-supported apps as well as direct incentives from the Sleekplay platform. Developers also benefit from increased application engagement.
Actor System
Developer - Owner, publisher or app developer, game or service. They are responsible for integrating with the Sleekplay platform.
User - Sleekplay app, game, or service users.
Sleekplay API - Handles distribution and sharing of gifts and payments.
How SleekPlay Works
What Determines Goals?
Goals indicate the amount of daily engagement time a user should enter into a Sleekplay-supported app to enjoy the incentives provided by the app, as well as the awards offered by the Sleekplay platform directly.
The goal on the Sleekplay platform is the constant that is determined by, on the one hand, the output of device computing and on the other hand, the numbers derived from our research are conducted on long-term application and core application categories (ie streaming media and gaming applications).
From our research on our core longsession application category, we conclude the following:
- Average user session time for music streaming app - 60 minutes14
- Average user session time for video streaming apps - 140 minutes15
- Average user session time for games - 180 minutes
The average of our study was 121 minutes (about 2 hours). Therefore, the constant value for the destination on the Sleekplay platform is 2 hours. This shows the amount of time users are encouraged to use the app to earn rewards.
SleekPlay Token
The economy of the SKP token is based on a number of factors integrated into the network to ensure that value rises over time and communities support the benefits of coins as a result.
- Request Mechanism
- The economy of digital goods
- Mining
- Currency trading
Team
Members: Emmanuel Obare - Developer & CTO, Sleekplay
Isaac Ikoro - Business Strategist, Sleekplay
Shannon Marie Harkin - Financial Analyst, Barclays Bank
Becky George-David - Software Developer, NatWest Markets
Erick Vand Tampilang - Community Manager, Sleekplay
Advisors: Vladimir Nikitin - Master of Law, Master of Economics (Finance and Credit)
Nikolay Shkilev - Crypto Enthusiast and Mentor
Amarpreet Singh - ASEAN Advisor of Global Blockchain Foundation
Martin D Adams - CEO, Codec
Paul McClements - Manager, Sandals PLC
More Information :
Created By : maniakbtc
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