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26th August - News

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Hoppa61
Traffic Value: $73,032.40453 Netherlands
24 like this post 0 people
27/08/2016 21:51
I don't understand that the referral-commission stays the same on Paidverts.
They get 10% on every pack bought and then also 5% on the clicks.
This means they get more then the people buying packs and clicking since BAP per ad-pack is lowered.

Why are they not cut also, like everyone else?
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
7 like this post 0 people
27/08/2016 22:33
Today's volume on the BAP games is truly AMAZING!

TOTAL BETS TODAY
170,397,209
TOTAL PAYOUTS TODAY
170,825,120
vecors
Traffic Value: $2,173.146 Portugal
1 like this post 1 people
27/08/2016 22:57
Hoppa61


Now why would you think limiting the rewards for promoters would be a good idea?
The management has been asking for months to PLEASE promote the businesses. 
Something they shouldn't have to do as this is a crowdfunded business which means that it's not up to the management to make this company successfull but to all of us.
And we get rewarded more than appropriately for doing so! So much that you think we should cut it, but still there's really not that many promoters. 

Let's either all chip in and make an effort to work for OUR businesses to blossom or be very grateful that we have a number of people still putting in the work and reward them appropriately.
stra
Traffic Value: $285.59089 Greece
1 like this post 0 people
27/08/2016 23:17
@vecors

Wouldn't you promote MTV for a smaller reward?
vecors
Traffic Value: $2,173.146 Portugal
2 like this post 1 people
27/08/2016 23:22
I keep promoting MTV no matter what. But you work for free? I guess not. So me neither. Promoting and not getting anything in return will not work. A small reward might make you wonder if it`s all worth it. 

I gladly "give up" 5% of my ads as a recognition to the person who showed me this company. Actually, I already helped him a lot and will ever be thankful for showing me this opportunity. And remember, MTV (or PV) is only paying 10%. The other 5% I see as a "gift" from myself to my sponsor.
vecors
Traffic Value: $2,173.146 Portugal
2 like this post 0 people
27/08/2016 23:23
MarcdeKoning


Time to update those numbers! Crazy volume today on BAP games. grin
galiosh
Traffic Value: $1,079.85003 Bulgaria
1 like this post 0 people
28/08/2016 07:28
Yesterday and today too i dont recive personal 1% ads 
druth8x
Traffic Value: $22,417.44153 United States
4 like this post 0 people
28/08/2016 07:33
That's b/c it's been more than 10 days since your last BA purchase.

Purchase Date: 16-08-2016 - 05:51:45
galiosh
Traffic Value: $1,079.85003 Bulgaria
4 like this post 0 people
28/08/2016 07:41
Im idiot i forget for this :X
Hoppa61
Traffic Value: $73,032.40453 Netherlands
1 like this post 0 people
28/08/2016 09:00
I am strongly against any restriction on the market.

Gamblers want convenience. Making it difficult for them will move them elsewhere or even not play at all.

Restrictions have been there before and that didn't work (f.i. the 1 cent)
Hoppa61
Traffic Value: $73,032.40453 Netherlands
9 like this post 2 people
28/08/2016 09:07
What may be a good thing is to get rid of the 1 ad-issue every working day.

Do an ad-issue every time enough has been sold to do an issue for $500 for instance.

This will keep the clickers more active, check the site more then once a day, maybe play some games.

I understand keeping the weekend without ad-issues, because there is less staff.
But you may want to reconsider that, because in the weekend people haven more time off, looking for some fun, maybe play some games.

What is more fun then playing games you just earned on the same site?
jordy186
Traffic Value: $868.5955 Netherlands
2 like this post 1 people
28/08/2016 10:23
I think hoppa is right about that. We need more activity and more ads to click. Not 12 ads at once but 2 or 3 ads every few hours would be much better and probably more effective for advertisers as well
druth8x
Traffic Value: $22,417.44153 United States
2 like this post 0 people
28/08/2016 10:46
With a set TOD, say server reset, that is what our BAP lvl is at?

Hopefully, it wouldn't really matter if a gambler gained or dropped a few lvls b4 the ads are sent, on avg. As long as they have say 40K BAP left, and were a 6mil BAP member, they'd get that $20. Even if they went from 6mil to 20mil, they'd still get that $20, but the next issue, after server reset, provided they stayed above 20mil, they'd get the 20mil Ad Issue(s), even if they dropped to 200KBAP left.

Or, will it be very random?
Meaning many could drop a lvl and not be able to get back in time to get back up there.

What about part time gamblers who like Ad Issues, but also want to play. They will feel restricted so as to not drop lvls, if random.


BTW, with an 18hr timer, there is no real reason to come more often than 2 times a day.
So what if few ads only have 6hrs left and others have 18hrs, you will still have time to do them all at once.

Besides, people who work/school, probably can't check but b4 and after work. If they commute and/or don't have a way to safely check PV at work/school, like at lunch (which often is only 30min). Also, where I come from, 9to5Mon-Fri 2-4weeks vacation, is a thing of the past. Most people DO work weekends, it's just a normal day. Many also don't have a set schedule, esp month in and month out.

On top of all that, our Admin Staff has to manually set this all up, valuable time they could use elsewhere. Which btw, they don't work around the clock, so basically you want a morning and evening ad issue. Which, that might be fine. Split the avl amount in 2, send one at 6am server. Then another at 6pm server. AKA first and last thing they do. As far as BAP lvls and there importance, that's another thing to consider.  BTW, when would we choose when to dip into reserves or sell RP etc to make up for not reaching $500 soon enough?

While it's (every random time $500 is earned or a couple of ads every few hours) an idea, in practice, it won't "pass muster".
Hoppa61
Traffic Value: $73,032.40453 Netherlands
6 like this post 0 people
28/08/2016 11:17
Well Druth, you mention an important thing. Admin has to do this all manually.

Ad-issues are done manually for a couple of years already.
This should be automated, so Admins valuable time can be used elsewhere.

Set up a set of rules when to issue.
Set up a calculation how to distribute the money between groups and users (at this moment it is even different, depending on who does it).

Then let the cron do its work.
druth8x
Traffic Value: $22,417.44153 United States
3 like this post 0 people
28/08/2016 11:30
Automation is nice and all, but even if that wasn't that costly to set up and doable...

How would you get anyone to check more than 2 times a day?

I highly doubt that you will get too many more users checking, that don't already for instant/recycles.

I think we should install a bookmark/fav sites feature (auto deletes every so often, unless you manually save it, so as to not eat up Amazon costs), so we can do our 12 ads, and our 28 ads, but then at the end of it, look over our saved sites and look more in-depth at the site and what it has to offer.
siddartha149
Traffic Value: $683.06885 India
15 like this post 1 people
28/08/2016 12:42
Desperate times call for desperate measures. We should just close the BAP market for at least 2 weeks and see the results. Even though supporters of BAP market have their own valid points, but we will have to try something new. We should first see the results of temporary BAP market close and then  decide, whether BAP market is really that important or not.
dguy
Traffic Value: $15,993.01608 Canada
14 like this post 0 people
28/08/2016 17:50
If you are willing try try closing the market and that fails I think you need to also reconsider reinstating the 15% trading fee or at least make it 10% since that was bringing in a good amount of debt reduction

And to Marc's statement about people hating on change. It is not that, at least for me. It is just that soon after we make a change and the system has had time to adjust, everyone screams for more change. So much so that we can't even see the effects of the last change before we want to change things again.

Take, for example, the last change regarding BAP fees and the BAP market. We were finally getting to the place where BAP debt removal was getting to a balance. It was no longer growing but it was leveling off. Now you want to change things again with no understanding of how this will throw the market out of balance again

The market (meaning all of the MTV economy, not just the trading markets) will adjust, but I believe that when it does everyone will cry for more change to throw it out of balance again. At some point people will stop participating because we won't know what to expect next.

We have a serious problem here of not being able to leave well enough alone so that the site can do what it needs to do  and that shakes everyone's confidence
freak300
Traffic Value: $56,564.16117 Germany
20 like this post 0 people
28/08/2016 18:11
Not just that I see the BAP market change as unnecessary but furthermore I don't see what this change is going to improve. What I see for a longer time now is that we are doing unnecessary changes and building products that are not delivering the results that we searched for like for example PBG. 

I don't understand why we are starting now to actively promote those businesses that we have instead of having started to do this a lot earlier. The way I see it is that there is a lot of work ahead and the optimism that most here have is to high for what the company actually has. 

The legalisation probably takes longer then we expect because if we want to legalise we need to take the games of of MTV and that is our biggest income source right now.

I really hope to see the management talk even more clearly about the exact plans they have right now and want to see how they are planning to legalise and at the same time stabilise this business.
The optimism from my side is getting smaller in the last weeks and I am really thinking about giving up a larger part of my RP's if we won't get even more accurate informations about the company's stats and future plans as well as financial plans on how to achieve all that.
MarcdeKoning - Administrator
Traffic Value: $468,983.12758 Netherlands
17 like this post 2 people
28/08/2016 18:52
I wouldn't make changes if I didn't think they weren't necessary.
Don't forget that i'm the one checking all the stats on a daily basis, I got the bills coming in, the overview of payment processors, the overview of the behaviour on the websites etc.

It seems that whenever we make a change it spurs excitement for a few weeks and we get to a stable level, once that "excitement wanders off" people ditch us again and search elsewhere. (Pretty strong language, but that's the harsh reality)

Until we've got the proper paperwork to deal with banks and investors with the proper long term mind set we'll have to make it work otherwise.

Debt reduction is nice.. And it was indeed about to happen, but it's coupled with only 1k ad pack sales/day compared to 6k/day just 3 weeks ago..
Our bills are not as adjustable as our results are.

Also, when we do NOT listen to the crowd then we get complaints about not being a crowd funded business at all and people will feel disgruntled, dislike all the management's posts and drain their accounts (This is all based on events we've had in the past).

And it's very easy to say "Why didn't you promote your businesses earlier?".
Which we've explained a lot of times already..
We didn't have the budget.. And the public doesn't do it for themselves..

I really don't like the fact that we're constantly being blamed whenever results are running backwards while most people simply log in to make a profit on the sharemarket and never promote, refer or anything else.
This is a crowd funded business, we're taking a huge risk here and we're investing all of our personal funds and time to make this work.. A little input from every single person on the platform would make things a LOT easier for everyone.
bambarec
Traffic Value: $17,409.62296 Romania
2 like this post 17 people
28/08/2016 19:31
Mark is not looking like is very hard for you. You are a CEO and i see that it will be logic for a ceo not to own shares because he can manipulate the market because a CEO can make the rules as he wants. Your ALL deposits are just 22 000$ but you own shares worth at the curent rates more than    170 000 DOLLARS, HOW IS THAT POSSIBLE when almost everybody lost money with all changes maked in the last year?
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Forum - News - 26th August - News
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