Advertise here
Hourly Auctions
Win the ad, or your money back!

Welcome Guest - Login / Register Forum - News - 26th August - News

26th August - News

Sticky threads

Latest Posts

Axiantor
Traffic Value: $14,813.95087 Portugal
4 like this post 3 people
27/08/2016 17:33
Removing the market is also the same as removing the BAP games . What will BAP gamers do with the prizes? Click ads? Without BAP gamers PV will just be a doomed revshare as they all are. Pure advertising sales it's not enough to feed the current 120% with 30k users.

Just remove the 14 BAP fee rule and we'll have almost everyday with BAP debt decrease. Why are we staking the future for a 100 BAP gift?

It's sad
Hans1s
Traffic Value: $13,419.4675 Netherlands
6 like this post 5 people
27/08/2016 17:56
Why concern so much about the gamblers? If you play bal games you know whats you win if you win, excactly bal. Why the need to please them tot cash out so easy when they know hoe it works. If you wanna cash out quickly, play on MTV, ppmg or ppbg for instant cash out.

Close the whole market as it should have done before and will happen once we are legalized wich is a priority as you said.
poyhugo
Traffic Value: $201.04016 Mexico
1 like this post 0 people
27/08/2016 18:18
Hans

With BAP games PV removed Baps of the system, if you close them it wont be able to removed them, isn´t?
Hans1s
Traffic Value: $13,419.4675 Netherlands
9 like this post 0 people
27/08/2016 18:36
Don't close the games. Just close the market. You really think a gambler who wants tot win cash is gonna buy ad packs to play a game?

I think the bap gamblers are PV users who like to kill some time playing games as I have done in the past. And we all know as PV users that it takes time to turn bap into cash. So why the big deal about gamblers?

What is more important? Remove bap debt via the rp market place or receive more cash when people need to buy ad packs as we all know that only a small % of the users really need the advertising and are here for the bap wich makes US money.
Shumy
Traffic Value: $1,087.93992 Croatia (LOCAL Name: Hrvatska)
1 like this post 1 people
27/08/2016 18:51
so sad... every month something change...
MichaelKline
Traffic Value: $960.97608 United States
6 like this post 1 people
27/08/2016 19:19
Based solely on this months volumes and the assumption of those volumes would magically be converted to ad pack purchases, if you had closed the BAP Market on August 1st, you would get...

... an approximate loss of Revenue of $371.56 in RP transfer fees.
... a missing a reduction of 6,515,882 BAP ($3,257.941)
... a improbable gain of (130,335,464 / 15 BAP * $0.0043 = $37,362) Ad Pack Purchases [Remember, Ad Packs are $1.00 and not $0.0043]
... a possible gain of 14,944,800 ($7,472.40) in additional BAP from Ad Pack purchases

This takes no account for the BAP Lost/Produced/Traded through games.

I, personally, don't believe it is a viable idea and will bring most activity to a dead stop.

For the record, I don't really have anything I am advertising and use the BAP Market to accumulate BAP from other users at a better than Ad Pack purchase rate. At My group level, it would likely take me nearly a month to accumulate enough money from ad clicks to warrant an Ad Pack purchase anyhow and for a gain of only 400 BAP.
dguy
Traffic Value: $15,993.01608 Canada
8 like this post 0 people
27/08/2016 19:23
You can make your odds better against the house edge by buying BAPs to gamble. Since you are getting a 20% bonus for every dollar in ads you buy, you, at a minimum, slow the amount you lose so you can effectively gamble longer for the same amount of money. Technically, you can gamble for free and on top of that you get some advertising back as part of the deal

There are a lot of intangible benefits to the BAP games and BAP markets that we could destroy if we take out the market so this should only be an experiment in case unintended consequences kick in
MichaelKline
Traffic Value: $960.97608 United States
2 like this post 0 people
27/08/2016 19:38
And since we're talking about it...

BAP is trading at a potential 167% gain right now.

$1.00 / $0.0038 * 16 BAP * 0.95 = 4,000 BAP

... just saying ...
stra
Traffic Value: $285.59089 Greece
5 like this post 0 people
27/08/2016 19:54
If we are thinking to close the BAP market because it minimizes the buying of ad packs, there is another way to avoid this.

We could make an MTV BAP account for everyone.
This account will have only the BAPs from the BAP market transactions.

These BAPs accumulated via BAP market can be used for BAP games and buying RPs at % 100.
But only % 50 of these BAPs will count in "ad issues table" for a month.

In that way we will not stop BAP gambers, nor the immediate cashout, but we will not allow users that want to climb groups using the market, to do so.

They must buy ad packs, or wait a month to use BAPs accumulated from BAP market.

Is it a stupid idea?
MichaelKline
Traffic Value: $960.97608 United States
1 like this post 0 people
27/08/2016 20:09
I'm not a huge fan of Premiums, but an alternative I would entertain is tying the BAP Market privilege to the BAP Tax avoidance privilege.

For 14 days after your latest Ad Pack purchase you would also have full access to the BAP Market.
Gamblers would have to spend $1.00 on Advertising and then they could use the Market to convert their Account Balances/BAP back and forth.
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
25 like this post 3 people
27/08/2016 20:12
Why are people "hating" on the fact that we're changing?
That's EXACTLY what MTV is.

If you do not like change(s for the better), please do not stay here any longer.
We will continuously change and add various aspects in order to build a sustainable online business that actually earns its backers/shareholders a part of the revenues.
MTV has always been like that.

If we didn't change various aspects of the website at least 5 or 6 times in the past year we wouldn't be having this conversation on this platform right now.

Change isn't a bad thing, even though I know the human mind is programmed to dislike changes before adapting to it.

Also, a lot of you (most of you) want to have an input in the company and its future.
Right now when we're having discussions about changes and you get to actively express your opinion and ideas that should be something to embrace and not to disgust.
Not everyone will agree or be satisfied, but in a business with millions of different opinions, backgrounds and cultures that would be a foolish thing to aim for anyway.

As long as the company profits from its changes and allows it to reach its long term goals, it's something that we should implement asap.
bozof
Traffic Value: $29,464.72207 Slovenia
15 like this post 0 people
27/08/2016 20:15
Looks like I am one of very rare person who acctually espect those news.

Seriously Marc? I know you have many many experience with online bussines. I would really want to hear from you what is a difference betwenn a classic revShare and Paidverts? Revshare is sharing profit off "all" bought advertising with their member minus money owner take. Paidverts is sharing certain % of sold advertising everthing else goes to developement funds.

Both have one thing together. All the money that comes in is spent. Classic revenueshare with their members. Paidverts with members and developement funds. Pure advertising bring in barely any money. BAP games probly do not even cover 20% of members profit. How do we even pay referral commison?

Why a revenueshare can not last forever even if people keep investing money? Because of "fiktive money". Some people probly know what that means.

I really recommend you to simply drow a line...

----------------------------------------------------------------------------------------------

Accounting Agency is doing is completely wrong. There was around 125.000$ developement funds after and days before restart. Did you really spend so much money? No, you did not! Why i know that. Cause you could not. Like I said accounting is completely wrong.

Start to calculate developement funds correct - only from fresh money and pure advertising.

Lets see how much money we really have, how much costs we have and how much we can spend on programers.

---------------------------------------------------------------------------------

After a "issue" with AD issue sold advertising decline a lot? Maybe you all forgot that was a deadline for most of 1% morning, super and mega upgrade ads? Wasnt that a main reason for declining of sold advertising?

---------------------------------------------------------------------------------

Closing of BAP market? Why ? Even if sold advertising is going to increase a little do not forget most of it is going to be bought with money you allready used you will have to pay 10% of referral commision on it and 1%  ads for super and mega upgrade..

---------------------------------------------------------------------------------


Best regards


PS: I know many people will disagree with me. But like I said allready once. I can prove you everthing with numbers. At least I am using calculator not only believe everthing I read..
dguy
Traffic Value: $15,993.01608 Canada
9 like this post 0 people
27/08/2016 20:18
We also need to remember that the site doesn't lose any money when someone sells their BAP at a discount. That was BAP already bought by the member. The person that loses money on the transaction is the person selling their BAP. The person buying gets a benefit and the site gets a smaller benefit. The person selling takes a loss on the BAP for the convenience of getting RPs sooner. Probably for cash. They are trading past buys or past work for current cash

So technically the site loses nothing on this
bozof
Traffic Value: $29,464.72207 Slovenia
14 like this post 0 people
27/08/2016 20:19
One more thing. About dividends.I am one of the biggest sharehorders between members and I would be glad if you use those 5.000$ for something else then paying of dividends..

Since company do not have profit we can not afford it. You could not know that and you can not change anything.
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
8 like this post 0 people
27/08/2016 20:20
Bozof, you seem to be misinformed, which I already picked up a few days ago when you made clear that you don't understand that revenues spent on new purchases result in new development funds.
But please refrain from any accusations, thank you.
bozof
Traffic Value: $29,464.72207 Slovenia
0 like this post 0 people
27/08/2016 20:24
I do not accuse anything.

So did we acctually get 125.000$ of developement funds after restart?
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
7 like this post 1 people
27/08/2016 20:24
All stats on the sheet are correct.
bozof
Traffic Value: $29,464.72207 Slovenia
0 like this post 0 people
27/08/2016 20:29
Well, fine.

You are the boss, I do not really want to fight with you.

But it really surprise me that we spent so much money in not even 2 moths even if most of programers were on vacations.
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
12 like this post 0 people
27/08/2016 20:34
We've given a full 6 monthly report in which you could see our monthly costs vary between 65-85k/month.
The polish programmers took 1 week of holidays, Slosumo a bit more, but that are bills that will show up in 3 days from now (They're calculated at the end of the month)

The reset was about 1.5 months ago, we were a little behind on the bills by then.. So the math shows that it's accurate.

Running this business used to cost more than double under the previous management, for you to have a better view of the amount of money we've cut/are saving. (While we produce far more products now wink )
bozof
Traffic Value: $29,464.72207 Slovenia
1 like this post 1 people
27/08/2016 20:36
The very last thing i am going to say here is.

If you will have time one day. Look how many developement funds you have got according to that sheet, how much money you have spent and how big the difference is.
Page: , , , , 5, , , , , ,
Forum - News - 26th August - News
Subscribe to this Topic