This is a compilation of personal ideas that I believe can be ATTRACTIVE and VERY LUCRATIVE for all people on LBRY, regardless of whether they upload or consume content.
Many more LBCs can be earned without abusing LBRY reward system, because we, the content creators, who will offer rewards to gain more followers and create a much more active community around us.
Video:
https://open.lbry.com/@repostear:c/Top-5-ideas-to-beat-tuTuve-and-attract-more-cryptoUsers:2
Video-License:
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International license.
Idea 1:
"Buy supports for contents and channels"
Content creators will have the option of placing a certain amount of LBC as an investment fund for the content they wish to position. From this fund they will be able to decide
what amount to deliver for each 1LBC that users place as content support for 7 days. The amount cannot be less than 0.1LBC per 1LBC.
Users will receive the benefit at the end of the 7 day period, if they withdraw support before that time, they will receive nothing. The investment fund will have a deadline (in days) chosen by the creators, once reached, the remaining LBCs will be returned to the creator's main balance.
Example:
The creator "Felix" decides to put a 10 LBC investment fund in his video: "Cats food", with a time limit of 15 days( this is the frequency with which he uploads videos to lbry). Since "Felix" has to pay 0.1 LBC for every 1 LBC received in support, this fund allows him to receive 100 LBC in support, which helps him to better position his video.
The following users decide to support the video to claim the benefits after the 7 day deadline:
"Mario" supports with 5 LBCs and will receive 0.5 LBC(5*0.1) of benefits.
- Felix" will have 10 - 0.5 = 9.5 LBC
"Emma" supports with 60 LBC and will receive 6 LBC(60*0.1) of benefits.
- In the investment fund of "Felix" there will be 10 - 6.5 = 3.5 LBC
"Alex" tries to support with 50 LBC; but this support is not allowed, because "Felix" has 3.5 LBC left in the investment fund. So "Alex" can only support with 35 LBC.
Then, "Alex", supports with 35 LBC and will receive the remaining 3.5 LBC.
- The investment fund of "Felix" will be exhausted once "Alex" receives his profit
- When "Alex's" support was in its 6th day, he decides to withdraw it
- Then, the "Felix" investment fund will keep the 3.5 LBC available.
No other user decides to support the video and the 15 day limit is reached, so the remaining 3.5 LBCs in the fund are returned to the Felix's main balance.
NOTE: All transactions made are subject to LBRY blockchain fees so the benefits will be a little less.
Idea2:
"Reward the channel's supporters"
Content creators will have the option to AUTOMATICALLY award an X amount of LBC to the person who has given the most LBC support (not TIPS) to the channel in the last 7 days.
Example:
"Felix" decides to give 5 LBCs to the person (wallet) who is in first place among all the people who deposited LBCs as support to his channel.
Wallets that supported the channel (in order of highest to lowest support) in the last 7 days:
"wallet1 -> 25 LBC
"wallet2" -> 23 LBC
"wallet3" -> 12 LBC
The "wallet1" supported the channel with 25 LBC during the last 7 days, so it takes the award of 5 LBC.
Idea3
"Sharing tips with channel subscribers"
Creators will have the option to share a percentage of the total tips received (during the last 7 days) with the SUBSCRIBER to the channel that has given him/her the most tips in the last 7 days.
Example:
"Andrew" decides to activate the option "TIP SHARING" and chooses to share 10% of the tips with the SUBSCRIBED person who appears in the first position among the people who gave tips in the last 7 days.
People who delivered tips in the last 7 days (from highest to lowest):
"wallet1" -> 2 LBC -> is subscribed to the channel
"wallet2" -> 0.5 LBC -> is subscribed to the channel
"wallet3" -> 12 LBC -> NOT subscribed to the channel
Note that the "wallet3" despite having delivered the largest tip, is not subscribed to the channel, so it will not appear in the first place and will not be eligible for the prize
"Andrew" has received a total of 2+0.5+12 = 14.5 LBC in tips in the last 7 days
The "wallet1" takes the 10%(1.4 LBC) prize offered by "Andrew".
- All the decimals from the second onwards are taken by LBRY, so he gets the remaining 0.05 LBC
Idea4
"Reward automatically the first comment of a content"
The content creators will have the option to reward (with an X amount of LBC, in AUTOMATIC) the SUBSCRIBED person who, in the first 15 minutes after uploading the content, is the first to comment.
Example:
"Kenya" decides to activate the option "Reward comment" and sets its value to 0.5 LBC to reward the first SUBSCRIBED person who makes a comment in the first 15min after uploading the content.
The following people make a comment:
"Alex", 2 minutes after "Kenya" uploaded the content, makes a comment; but he IS NOT SUBSCRIBED to the channel, so he cannot receive the award.
"Kelly", 14 minutes after "Kenya" uploaded the content, makes a comment and since she IS SUBSCRIBED to the channel, she gets the prize.
Idea5
" Invest in content "
All content creators will be able to activate the option: "Investment Allowed" in the PAID content and only in that type of content. This option allows people to deposit their LBCs in the content they consider will be able to be sold and receive the percentage indicated by the content creator.
Example:
"Kelly" uploads the video "Folex investment course" and put 100 LBCs has price on it.
"Kelly" does not want to make big investments to position his video, so she decides to activate the option "Investment Allowed" and sets its value at 10%, which means 10% of each purchase will be distributed AUTOMATICALLY among the people who support the video, this type of support works the same as the traditional one and also allows to generate income in proportion to the amount invested.
"Felix" decided to invest 10 LBC in this video
"Kenya" invests 50 LBC
"Alex" invests 5 LBC
"Jack" invests 250 LBC
Total LBC invested:
10 + 50 + 5 + 250 = 315 LBC
It is up to each individual investor:
"Jack", with 250 LBC invested, receives 79.3% (250*100/315 = 79.3651%)
"Kenya" -> 15.8% (15.873%)
"Felix" -> 3.1% (3.1746%)
"Alex" -> 1.5% (1.5873)
99.7% (79.3+15.8+3.1+1.5) of the 10% indicated by "Kelly" will be distributed, the other 0.3% (0.0651+0.073+0.0746+0.0873) will be kept by the LBRY platform as a commission.
- Remember that from the second decimal place it will belong to LBRY.
Two people buy the video(100 LBC) and the benefits are distributed as follows:
Total income 2*100 = 200 LBC
"Kelly" gets 90% -> 180 LBC
The remaining 10% (20 LBC) is shared between the investors and LBRY:
"Jack" 79.3% -> 15.86 LBC
"Kenya" 15.8% -> 3.16 LBC
"Felix" 3.1% -> 0.62 LBC
"Alex" 1.5% -> 0.3 LBC
LBRY 0.3% -> 0.06 LBC
- If a person withdraws their INVESTMENT (not to be confused with SUPPORT), they will not receive any benefit.
See the video in LBRY
If you have liked these ideas SUBSCRIBE TO THE CHANNEL in LBRY, REPOST the video on your channels and SUPPORT IT.
Leave in the comments what ideas you would like to see implemented in LBRY.