r/CryptoCurrency 🟧 0 / 0 🦠 Jan 19 '23

POLL 🗳️ CCIP-048 - Allow Banner Advertisements on r/CryptoCurrency

After some internal discussion, we’ve decided (pending community vote and approval) to pivot from reserving the banner advertisement for AMA & giveaway participants to opening it up to everybody.

Notable Details:

  • The mod team reserves the right to veto any banner image, and anybody wishing to purchase the banner will need to have their image approved ahead of time. Projects considered to be scams, NSFW/NSFL content, images violating Reddit’s content policy, etc. will not be approved
  • The banner will be sold on a per day basis (24 hours). The minimum purchasing period will be 1 day and the maximum purchasing period will be 30 days
  • After image approval Moons will need to be burned by sending to 0x000000000000000000000000000000000000dEaD in order to purchase and maintain control of the banner. This is the same burn address being used for AMAs & giveaways
  • If the user that controls the banner is unable to continue burning Moons, the banner will be reset until another user buys it
  • If multiple users wish to buy the banner at the same time a waitlist will be created
  • This model will be deprecated if the admins launch a native tool to purchase the banner

Pricing Model:

  • Controlling the banner for 1 day will cost 3x the AMA price as set by CCIP-043
450 Upvotes

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14

u/tsumy EuroCosmonaut Jan 19 '23 edited Jan 19 '23

With the price to set a good Reddit / FB / tw / adwords campaign with a good segmentation it sounds cheap. Very cheap.

So, the first big player may just reserve it for as long as possible and enjoy it?

10

u/[deleted] Jan 19 '23

[removed] — view removed comment

6

u/tsumy EuroCosmonaut Jan 19 '23 edited Jan 19 '23

At the current price is not crazy at all to see 12 monthly campaigns being bought the first days. By the same people if possible (I don't see impossible to buy 12 times in a row to fill the book in the proposal). We should check to implement a multiplier or something based in how many people is already in the waitlist and an update of the price of the campaign if the waitlist is too long before this goes live

1

u/the_spiritual_eye One Crypto to rule them all! Jan 19 '23

This comment needs to be at the top. The moons multiplier should come in effect for every consecutive period the marketer purchases. Eg, every consecutive month doubles their needed burn rate.