This is the 2nd launch from TopOfTheCoins. View more
Top of the Coins 2.0
Take the one top spot but pay more each time
The front page of the crypto world. There's just one text advertising spot, and its front and center. Take the spot and get your message in front of a crypto/tech audience. There's one catch - the amount to take the top spot increases each time, so be quick!
Serious question - once a new top price is reached, does it remain fixed? If so, would that put off future purchases once it gets to a decent amount (e.g. $100). How about having some mechanism whereby it decreases by $1 every day/week/month/whatever, to encourage more purchases. If it drops from $500 to $300 then you might get a buyer than might never have been interested.
@neilcocker good question. Ultimately this has the chicken and egg marketplace problem. I.e. the bigger the audience, the more value there is to advertisers. However, at the beginning there's less value on both sides (though I'm running some advertising to build up eyeballs).
Therefore the more expensive the message cost, the more worth it it'll be for the advertiser because it has gained enough traction to get to the point.
Though obviously this doesn't remain true forever, as the breakeven for value/purchase price may fluctuate over time, which is where your solution could come in handy actually!
For now I'm going to just focus on building up some audience and see where it goes. A few extra features I'm yet to build into V2 is the twitter auto-posting (I'm doing it manually atm :-)), and better emphasizing Twitter/email subscription.
Cheers! :-)
@joetannorella Yes, agreed about market value. I suppose my point really is that once you reach a theoretical "highest affordable price", you've literally removed any ability to generate any further revenue.
Nice launch @joetannorella – feels like this could be a great marketing avenue for crypto/blockchain startups to reach their target audience in a fun and dynamic way, very cool!
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