What’s wrong with being the product AND having choice?
People WANT their data bought and sold. It’s like internet poop, that they leave for all the internet machinery to scoop up and make use of. As long as it’s freely available, unrestricted for all “machines” to access and use… so what?
So why NOT sell targeted ads on Nostr clients?
Most people don't like advertising as today's ads are incredibly overbearing and intrusive. That said, I'd still like to see how an ad supported client would function on Nostr. Would the market reject it? How would it be perceived? I may not use it, but I'm just one Nostrich in a flock of birds.
Ads also have potential for disruption with Nostr; they don’t necessarily have to stay “evil” and shadowy. Users can be compensated directly for opting in to have their data aggregated and sold. Companies can have much more effective targeted advertisements with the ability to directly buy existing customer data whenever needed and by streaming sats to those who view and show interest in an ad.
In my view, a P2P ad market over Nostr will become incredibly powerful for monetization in due time.
I’m not sure there will be value in selling “user data” that is freely available to anyone… but maybe companies could “process” nostr data in useful ways to be of value … but I doubt that end users would be compensated in these cases?
It’s freely available, but aggregating it could definitely be of value. Most users don’t know how to query event data across the network, let alone analyze it in a meaningful way. And sure, people might not be compensated from the get-go, but the ability to do so via micropayments is incredibly easy and could act as a draw for more use of an ad market that does support direct compensation.
Small businesses all won’t have the ability to do all this themselves, and oftentimes they don’t feel great about throwing out ads on whatever platform they’re using, not knowing what’s being done with all the data or who it’s even going to reach.
Paying a service to do the analytics and giving businesses the ability to purchase an ad targeted to those who are most likely to buy a specific product or service by buying data directly from them reduces ad costs for the business while also increasing conversion rates. The customer is also compensated for buying a product they actually want, and a relationship is built.
Market forces and sentiment would drive adoption to ad markets that most effectively benefit both parties.
👀
You don’t have to have “targeted” ads on #nostr. You can serve up ads related to Beef & #Bitcoin and their respective accessories and products and you hit 80% of the market.
I don’t want my data to be sold
But if you use the internet AT ALL these days, you have already consented. And you have benefitted.
Oh I know its being shared and I still dont like it and never will. Those “benefits” are too small for me to be considered a plus. To the contrary, its creepy as fuck. I search for things myself. Lose the ago following you around and your mind will be less polluted by dopamine injections. Be as random as possible, make the advertisers pay more, make them look for ghosts. If they wanna pay, pay me a salary for my data.
Also, you are not forced to use free tech giants where you are the product.
Susan is a prominent investor in the cryptocurrency space, known for her insightful strategies and deep understanding of the rapidly evolving digital asset market. With a strong focus on Bitcoin and other major cryptocurrencies, she navigates the complexities of blockchain technology, market cycles, and regulatory landscapes to make informed trading decisions. Susan approach combines technical analysis with a keen eye on macroeconomic trends, allowing her to identify long-term opportunities while managing risk in the volatile crypto market. Her trading style emphasizes patience and adaptability, helping her capitalize on both bullish trends and market corrections. Investors following her moves are often drawn to her disciplined yet forward-thinking approach to crypto trading... Inbox 👍
Susan on WhatsApp: +13184079133
For more guide 🙏💯
Susan is a prominent investor in the cryptocurrency space, known for her insightful strategies and deep understanding of the rapidly evolving digital asset market. With a strong focus on Bitcoin and other major cryptocurrencies, she navigates the complexities of blockchain technology, market cycles, and regulatory landscapes to make informed trading decisions. Susan approach combines technical analysis with a keen eye on macroeconomic trends, allowing her to identify long-term opportunities while managing risk in the volatile crypto market. Her trading style emphasizes patience and adaptability, helping her capitalize on both bullish trends and market corrections. Investors following her moves are often drawn to her disciplined yet forward-thinking approach to crypto trading... Inbox 👍
Susan on WhatsApp: +13184079133
For more guide 🙏💯
