Trading Pub – 05 Sep 24

02:12: Introducing the BitAds model and explaining the shift from traffic to sales-based incentives for miners.
06:19: How advertisers can set up campaigns on the BitAds platform.
07:26: How miners can promote campaigns using their own marketing channels and unique links, not just ads.
10:45: Miners may not want to promote a campaign and the platform’s inability to force them.
12:15: Manual approval process for campaigns and the potential future implementation of validator voting on new campaigns.
18:30: Miner rewards are generated from the BitAds network, not directly from the advertiser’s spending.
21:30: The TAO price affects miner incentives, and if it drops too low, miners may not promote products as actively.
27:09: Miners can navigate around ad platform censorship issues that affect marketers directly.
29:21: Marketing companies can become miners and receive campaign requests from validators, without needing to find clients themselves.
37:06: Validators can build their own applications on top of the BitAds infrastructure, with different features and monetisation models.
42:09: Data is power in the advertising and marketing sector, which is why Google and Facebook control a large portion of this space.
45:26: Bit Ads tracks all sales coming through miners’ unique links, and any attempts to manipulate sales will be rejected by validators.
50:47: Sales confirmed after a 14-day refund period to ensure transparency and prevent miner manipulation.
57:58: Bit Ads cannot currently run a large number of campaigns simultaneously due to the limited incentives for advertisers and miners.
59:17: Bit Ads needs to grow slowly on both the advertiser and miner sides to ensure sufficient incentives for all participants.
01:01:37: Ways to prevent miners from creating their own loops to maximize profits.
01:04:02: The potential of Bid Ads for local marketing and geotargeting.
01:07:15: BitAds ability to handle B2B products and services, as long as they are integrated with Shopify.
01:11:01: Availability of a dashboard in First Ads to track miner activity and performance.
01:12:46: Directing users to the GitHub repository for more information on the scoring formula and how the platform works.
01:16:39: The relationship between FirstTensor and the BitAds team, as FirstTensor is the validator for the platform.
01:25:32: Is the platform being too good to be true? and the need to closely monitor its performance over the next 6 months.
01:30:32: Macro conditions haven’t changed much. Dollar is going down, which should be good for risk assets, but NVIDIA’s performance has influenced the market.
01:33:54: Exited levered longs on TAO due to Bitcoin’s potential to drop further.
01:40:15: Short-term market wobble, liquidity trends, and the potential for a double-peak scenario in the crypto market.
01:46:49: Building real-world businesses and income streams, not just relying on crypto investments for wealth generation.
01:49:30: Difficulty in analyzing the Kaspa market, with potential scenarios of a double bottom or a residual tail effect from a recent market event.
01:54:28: Examining past crypto bull market patterns.
01:58:17: Hydrogen fuel cell technology is a sham being pushed by the oil industry to prolong the use of their existing infrastructure.
02:00:16: A concerning chart being tracked and a potential crash pattern that has been observed.
02:03:33: Excitement about Bit Ads and encouraging others to sign up and apply for campaigns.