I want to show you a project I develop from a while.
It consists of a model how the social media decentralization could happen and generate revenue. The model is based on the experience of several industries to generate revenue using ethical means like trust and knowledge sharing.
In brief - what about if the revenue model for decentralized social media exists, but just needs to be assembled?
Here are some facts:
I. The P2P industry is a billion$ industry, which is using digital ratings, based on trust. It cannot grow, if it doesn’t discover a decentralized profile, integrating portably all these ratings. One day this inevitably will happen.
This will reduce also the infrastructure costs and the ad-costs of any new P2P business.
The questions is - who will do it?
II. Pat Flynn broke the corrupted ad model, sharing affiliates only for things he uses and trusts. This brought him $1.4 revenue just in 6 years from his blog, where he earns trust sharing all his knowledge for free.
Leo Babautta even un-copyrighted his blog, where he shares also his knowledge for free, and this increased his revenue!
So, what about if the monetized decentralized profiles could be fueled with:
a) their P2P ratings
b) the knowledge they share
c) directories with the products/services they use, with honest ratings and affiliate links, bringing revenue
d) another optional directories for causes/problems/wishlists, which will be used for paid interactions with trusted brands and another P2P businesses. This will change the product development, as the clients will be asked first, before the products are created
My detailed model consists of 3 parts:
I. A decentralization roadmap: http://decentralizedmodel.wordpress.com/2014/10/15/the-decentralization-roadmap/ Please let me know what do you think about the milestones I propose. I tried to be concise.
II. Lean Canvas about some of the core modules I observe: http://decentralizedmodel.wordpress.com/2014/10/15/my-social-media-decentralization-core-via-lean-canvas/
III. Some predictions how Facebook will evolve, accepting the models of social media decentralization: http://decentralizedmodel.wordpress.com/2014/10/21/what-facebook-would-look-like-when-the-social-medias-decentralize/
I’ll be happy to hear your feedback!
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