Credits AMA Recap
CryptoDiffer team
We are glad to meet here:
David Brierley (@Davidbrierley) CEO at Howdoo
Jason Sibley (@jasoncreation) CMO at Howdoo
Let’s CryptoDiffer x Howdoo AMA get started
Q: Can you introduce yourself to the community? What is your background and how did you come to the idea to create your project?
Jason Sibley
CMO
Hi guys. We are David (CEO) and Jason (CMO). David is an 8+ year seasoned Sales and operational leader, having held senior leadership positions with some of the hottest tech start-ups and Multi-national firms in the big data and analytic sectors, including Cognos IBM, Business Objects, SAP, Qlik and Pyramid Analytics. Understanding the value of data and seeing how the users content consumption (especially Gen-z) was changing, David had the idea for Howdoo. Jason joined after the ICO and brings years of practical marketing experience from big brands HP, Microsoft, Mastercard and Google, where he’s been running (in the latter years) social media campaigns, and was attracted to Howdoo, as he believed blockchain could solve some of the inherent issues current platforms are facing.
CryptoDiffer team
Q: Can you briefly describe what is Howdoo in 3-5 sentences? What technology stands behind Howdoo and why it’s better than the existing one?
Jason Sibley
CMO
We’re in a new economy where people can monetise themselves, but recent changes to youtube and instagram removed a lot of that opportunity, and existing social media platforms are built to do lots of things, but one thing they aren’t built for is distributing funds to its creators and users. At the same time, in the crypto world, so many blockchain projects have tried to bring their tokens into the mainstream, but failed because buying and selling between fiat currency and crypto is so complicated. We feel we solve both issues by delivering a social network wrapped around a content delivery system built on our own blockchain, that’s secure and fair (creators get 100% tips, 95% paywall and subscriptions, 60% advertising, Users get a share of ad revenue if they share data, and token holders get huge utility and a 10% share of ad revenue) and with our Howdoo Wallet, with our recently announced debit visa card for easy crypto to fiat off ramp, bridges the crypto world to mass adoption.
CryptoDiffer team
Q: What are the major milestones you have achieved so far?
Jason Sibley
CMO
We have 6,000 users in beta testing, 70k+ in pre-sign up, and a big growth target for 2020. This will mostly be delivered through our launch partners and influencers bringing content and communities into Howdoo, including big brands like Huawei, IBM, HP etc and loads of gamers, musicians, fitness influencers and more. The collective following our of launch supporters and partners is in excess of 250m people.
We plan for fully live launch in early Q1.
Cryptodiffer Community
Can you talk about your Team and Roadmap? It would be good to have monthly status updates on your accomplishments
Jason Sibley
CMO
All of this is in our Orange paper – you can grab that here —> https://howdoo.io/tokenomics/
Cryptodiffer Community
If anyone / influencers want to promote their account or posts then is Howdoo provides advertisements or promotional features for influencers ?
What are the benefits to advertisers by advertising on Howdoo platform ! Which additionally features you provides to advertisers ?
Jason Sibley
CMO
We’ve worked with large brands on the ad engine, we have a big specific benefit and that is cost per acquistion – which compliemnts CPC, CPM and CPE. Also we are 100% opt-in, so the results will be better
Cryptodiffer Community
We have seen bearish market in crypto from last two years. How much tough for you guys to survive in this market? How you guys wiil keep yourselves motivated?
Jason Sibley
CMO
To be honest, we’ve kept our head down and been developing the app and blockchain. Bear market is the time to build.
Cryptodiffer Community
What types of users are there in the market that you are focusing on?
David Brierley
CEO
Hi. More details are in our Orange paper; however, as a high-level, we are focused on millennials and GenZ. GenZ is the largest demographic across the world and their content consumption is radically different.. We are focused on addressing this as no other platform was ever built to service the new influencer economy and GenZ consumption demands.
Cryptodiffer Community
What benefits do you have technically that are better than you peers?
Jason Sibley
CMO
V traditional social platforms is privacy own your own data, and the while blockchain currency element with tipping and payments. V other crypto proejcts, we’re all in one (multi channel) inc liver stream etc, and we have our fiat gateway and visa.
Cryptodiffer Community
What is Howdoo focus on mass adoption and what would be the upcoming greatest challenge for Howdoo?
Jason Sibley
CMO
We feel getting users wont be the biggest issue, its going to be defending against the big boys. We’ll do what facebook are trying to do with Libra, way before them, so we’ll be on their radar.
Cryptodiffer Community
The cooperation with Huawei has been one of your recent big successes, so why did you choose to partner with Hauwei and not the big guys like Samsung and Apple? What is Hauwei special to you?
Jason Sibley
CMO
We are already on IOS and Android. No-one really downloads apps from the samsung app store, the use the andriod store. But huawei is a gateway to asia PLUS this are moving to Harmony OS away from Google, so if we are not on their devices we miss a huge market.
Huawei is only just behind Samsung in market share, and has 65m daily users. We dont want to miss that.
Cryptodiffer Community
Social network is growing with many prominent names such as Facebook, Twitter, Reddit … So what is the difference and competitive advantage of Howdoo? Why should I join Howdoo?
What will incorporating blockchain into Howdoo bring?
David Brierley
CEO
Hi, None of the current social platforms were built to address this new influencer economy. None of their business models work for content creators/influencers or protect end users, or to a greater extent address the new consumptopm demands of GenZ..
Cryptodiffer Community
1 – How will you explain that Howdoo concept is a mass adopted ideas from many other platforms like tipping one from twitch, manage privacy from decentralized platform Social X? Don’t you think they are highly valued competitors? What’s the plan for overreaching them?
2 – What is the leading Utility of HowDoo tokens? And what is tokenomics of it?
Jason Sibley
CMO
Our fiat gateway, Visa card as a easy off ramp gives us a huge edge as we can stop talking crypto, and really just think of it as a token. We want the mass market. Our token has utility in every part, from tipping, to subs, to advertisers paying for ads to users getting rewards. But also we will share 10% of th gross ad revenue with token holders that stake in the wallet.
Cryptodiffer Community
1.In the crypto field, it’s very hard for projects to generate revenue/profits, some projects have a 10% dev share(10% from transaction fees taken by the project), can you explain to us in what way that Howdoo creates revenue/profits?
2.Partners, partners in every project play a huge role as backup and support at every start of a project/company, so my question is What role do your partners play in the ecosystem of Howdoo and what benefits do they have for being a partner?
Jason Sibley
CMO
We dont have transaction fee’s, so nothing to share there, but we will gace 10% gross ad revenue to holders, which is huge. Also our node programme has brilliant returns (15% for a seed node, 30% for super node). Our partners will bring users, content to howdoo, as well as become advertisers in the platform.
Cryptodiffer Community
1. Can you tell me about Howdoo team? How many developers are currently actively working on the code for Howdoo team?
2. Can you tell me, why did I choose Howdoo while Youtube and Facbook provide similar your service? What are the benefits of using Howdoo? How can users create passive income when using Howdoo network?
David Brierley
CEO
Hi. Our current dev team (circa 22) is based across Europe, and we currently recruiting new devs to be based out of the new UK dev centre.. Regarding your second point, please read our Orange paper as FB / Youtube do not offer the same service as we are releasing… We are not a copy, we are releasing a new platform which will service the new demands coming from GenZ….. FB is uncool, Youtube is ok, but its old and its model is outdated… None of the existing platforms enable influencers to control their revenue lines, or enable end users to make decisions as to what data is shared, and if so, how much the end user will receive.. Then refering to advertisers.. We are working with very large brands that spend $$$ on current platforms.. All of them complain that their ROI is decreasing, and for platforms like Snap, they have stopped…. We have been working with some of these large brands to make sure we address their demands….
Cryptodiffer Community
Hey!
1. Content consumption is changing. People shift their attention from the usual social networks and television to numerous other sources. The potential in terms of audience is huge. Tell us about the main steps that Howdoo intends to take so that users do not chase content fragmented across different sites/apps but focus on your platform? What should grab their attention primarlely and make them stay for good?
2. Your business plan forecasts a 2% conversion of influencers’ followers to achieve 40m users by the end of 2020. That’s a big number. How do you plan to attract those big ones (fans included) into Howdoo? What are the main benefits for top influencers to switch to Howdoo in terms of monetization and further perspectives?
(Imagine im a Pewdiepie. Pitch Howdoo to me please)
Thanks!
Jason Sibley
CMO
We want creators to stay on other platforms, but host their premium content on howdoo that they can monetise. They can be the train, and we’ll be the destination. Content is king, so thats what will win them and keep them. We’re constantly signing new supporters, large and small, and the reason is simple – they will earn more on howdoo. 100% tips, 95% payments and 60%-80% ad revenue – all paid instantly, and cash out able from our visa card.
Cryptodiffer Community
Q1. == What’s the use and work of Blockchain technology in Howdoo Social media platform & Why Decentralized Model ? Because many platform like Facebook, Instagram, Twitter are work greatly on Centralized way !
Q2. == As Howdoo platform is working on creating Decentralized Social Media platform ! But How Howdoo is better than other platform like SteemIt and other Blockchain platform ?
Jason Sibley
CMO
The blockchain layer helps us enable tipping, distribution of ad income to users and more. Users own their own content, and creators will earn more in Howdoo than any other platform. I feel our crypto to fiat bridge in the app (on and off ramp) will help us grow past the crypto market. I live steemit, and dtube – they gave us confidence, and proves that tipping works, but we are focussed on mainstream.
Cryptodiffer Community
1. Currently, most users judge whether a project is good or bad through project ideas and development partners. I found the Howdoo project pretty good and special. So, who are Howdoo’s development partners?
2. What do you think about the importance of the user community? Does the team have a plan to attract the user community? For example, reward new users, or loyal users ….
David Brierley
CEO
Thanks… Re our partners, we have quite a few, and lots more to be announced at our planned 24th October event… So please stay close to hear more news… But I agree, having solid partners is important.. Regarding your 2nd point, yes, we have a detailed plan, and this revolves around working directly with Influencers…. Currently we have signed up launch supporters with a fan footprint of over 250m users… For more info, please checkout our orange paper as this goes into detail concenring our user aquisition goals etc..
Cryptodiffer Community
Do I have the option to share – Facebook post connection?
Can I connect facebook or twitter to your platform?
Jason Sibley
CMO
Yes, you can post to other networks and we have recently added youtube and vimeo sync – so you can sync videos across multiple channels
Cryptodiffer Community
Q: What is the advantage for holders of every type of Howdoo node in the short and long term and will it have any reward structure for active members ?
Q: How many types of the Howdoo Visa debit cards available ? And the difference between types cards ?
Jason Sibley
CMO
Answered above, huge utility, amazing node returns and 10% gross ad revenue share. On the visa cards there is an orange and a creator special black card. More benefits will be annouced at our event on the 24th, but both will incur no crypto to fiat fees and 1% cashback when spending.
Cryptodiffer Community
Can the coins be staked? and if so whats the ROI?
Jason Sibley
CMO
In nodes we have 12% for pool and 15% for seed nodes and 30% for Super nodes. Plus a 10% gross ad revenue reward.
Cryptodiffer Community
As todays world where everyone is trying to adapt technologies and trying to be part of this digital world. There are a lot of mission, vision, even core values for the project.
Question is Are you confident enough to battle the crowd and to become one of the successful projects that you are handling in?
Jason Sibley
CMO
100%, no question.
Cryptodiffer Community
1. I saw on Howdoo’s website saying: Howdoo helps users to experience social media more fairly and clearly. Can you give some evidence for this problem?
2. It is known that Howdoo combines all kinds of content: streams, posts, messaging, sharing photos and videos, blogs, community interactions … I find it quite similar to a few characteristics of Facebook, Instagram …. So is it different from other social networks?
David Brierley
CEO
For details please refer to our Orange paper…. The net net is that every platform today has a business model that is centrered on pulling usage/demographic data from its users and selling that to advertisers.. The media has been bashing FB for the past 2 years, but in reality all of the exisitng platofrms are doing the same.. In fact news was released today anout Twitter accepting that is has also harvested user data for profit…
Cryptodiffer Community
Q1: HowDoo will give reward for content creators, but do you think that bad people can do anything to get udoo including posting unquality content, cheating by creating many clone/alt accounts to self-comment, self-vote to create fake interaction and get huge reward? How will HowDoo team prevent this?
Q2: Building a big amount of loyal users/customers for HowDoo platform will not be easy since Youtube, Facebook, Twitch have certain bases of market/users already. How will HowDoo attract more users in this race? How will your team make people open HowDoo each time they want to use social media applications instead of opening their Youtube, Facebook, Twitch bookmark/app?
Jason Sibley
CMO
We have a small amount of rewards for passive income for creators and we’ll monitor it closely. Most income will come from tipping, ads, and paywalls. And that cannot be gamed. I remember social media before Facebook and youtube, I was on friendster, myspace, friends reunited etc. Everyone started with no users but those that did something different had success. We have something different, giving power to users, and most money to creators, token holders over howdoo shareholders. Blockchain will revolutionise this space, and we’re on it!
Cryptodiffer Community
There are many Decentralised social platform in blockchain but major issue is that too many people try to spam,free parmotion,pronography and some other things.
How howdoo can solve these issue or will make unique social platform?
Jason Sibley
CMO
Thats all in our AI. But it will never stop. What we dont do is polically censor people. Illegal content will be removed etc, but not for expressing a view. We are the software layer, not editors.
Cryptodiffer Community
Q1: Do you have plan to use big data and AI technology to counter fake contents, filter out junk data on Howdoo or what measures will you take?
Q2: I think one of the biggest problems in social media platforms is content control. What kind of content control system does Howdoo have and also how can Howdoo prevent robot actions?
David Brierley
CEO
Hi, yes, we are heavy on AI and big data.. 1 because its the bedrock of what we are doing- from protecting the vulnerable, so making the user experience perfect… My background has been AI and Big Data, so this is very close to my heart..
Cryptodiffer Community
User data security is a painful issue nowadays, with the situation that Facebook tries to collect user information for sale.
Does Howdoo guarantee this problem? What can make us – users trust on your platform?
Jason Sibley
CMO
You will own your own data in a smart contract. You decide what and where to share and get rewarded for it.
Cryptodiffer Community
1. May you explain the cost-per-acquisition mode for advertising and how it is more attractive for customers? How do you manage it to be profitable to the platform?
2. Being a platform that uses a decentralised blockchain to its transactions gives more security to the users, but don’t you think there are some benefits from being a hybrid that Howdoo is missing by being fully decentralised?why did you decide going completely decentralised?
Jason Sibley
CMO
1. CPA means that advertisers will be able to work withing fixed budgets in campaigns. They are crying out for this. Facebook, twitter & linkedin are so variable when you use CPC.
2. Not everything is in the blockchain, as its not right for all elements. For example video streaming. So we are trying to mesh the benefits of both, but for sure the blockchain offers users control, security etc.
Cryptodiffer Community
Q: Another blockchain project with a similar idea to Howdoo is Steem, can you tell me the difference between Howdoo and Steem, Howdoo is different from Steem?
Q: Currently, users are familiar with using traditional social networking platforms such as Facebook, Twitter … So, what are the plans of the Team to change the habit of users to switch to Howdoo’s network?
Jason Sibley
CMO
Think we’ve answered this one above. Great question. Steem is a blog, and just for crypto.
Cryptodiffer Community
Facebook and other social media have a wide number of users where we get more potential to generate revenues, and recently, Facebook rolled out some rev sharing terms; how HowDoo will tackle such things?
Jason Sibley
CMO
Our target market isnt joining facebook, they are looking for something new. I’ve not seen Facebook giving ad revenue to users? Thats a new one for me. Also, creators have to pay to talk to their audience on facebook. So we have user value (own your own data), creators value (earn the most on howdoo) and udoo holder value (utiliity, node programme and 10% gross ad revenue share).
Cryptodiffer Community
1 – What types of Ad copies can I create on HowDoo? Facebook has numerous Ad types, what’s about how too?
2 – What are the advanced features developed for Social Media marketers and advertisers?
Jason Sibley
CMO
CPC, CPM, CPE and (unique) CPA, with varius ad sets.
Cryptodiffer Community
Facebook is about lauch launch for the Libra cryptocurrency project.
Will this event be any effect to Howdoo? If yes. what team plant to deal with this?
Jason Sibley
CMO
Facebook is making a new class of money and that’ll legitamise crypto in the mass market (if they succeed), but its not about rewarding people on the platform, but providing a way (stable coin) for people to pay using facebook. So very different proposition.
Cryptodiffer Community
What sparked the creation of Howdoo and was it hard to start the project/company?
Why does Howdoo require blockchain to function?
Jason Sibley
CMO
All in here—> https://howdoo.io/tokenomics/
Cryptodiffer Community
1. If by the end of 2020 but the number of users still did not reach 40 million users or even a lot less then what would you do then?
2. What are the benefits for UDOO holders?
Jason Sibley
CMO
Our business plan does not require 40m users, we are in profit from a lot less (a lot lot less), but with our plans and partners we believe thats achieble. We are well behind other projects that have less than 1m users, so from a token price perspective, we’re in a good position to grow.
Cryptodiffer Community
Could the community be useful in any way regarding marketing, or somehow spreading the word around to potential clients/businesses that would benefit from Howdoo? I know the team is busy trying to lock down clients and progressing the project. I was just playing with the idea of creative community members somehow getting word out to businesses, and somehow linking them to the team .
Jason Sibley
CMO
100%, and we have a special community of ‘Advocates’ that share howdoo, and have some very special rewards. DM’ me if anyone has a good audience and wants to be in this programme.
Cryptodiffer Community
Do we need to hold the tokens in a specific wallet for the potential future airdrops or is it just a general snap shot of the blockchain of who’s holding at the time?
Jason Sibley
CMO
There are no planned airdrops, we do have our Win a lambo comp opening this week for holders though, and to enter that you need to keep your udoos in an ether wallet.
Cryptodiffer Community
Who are your biggest competition in crypto and what makes Howdoo unique?
What type of data mining companies can use the Howdoo platform and do they need to pay in UDoo tokens ?
Jason Sibley
CMO
Its a good question. We’d say we dont really have a competitor as we are postioned for mass market. Our token isnt mine’able, but you can invest in a node, pool (12%) seed (15%) and supernode (30%) with great rewards for supporting the running of the blockchain
Cryptodiffer Community
Currently, there are many business models about social networking, so how did Howdoo position your brand? How will Howdoo overcome the competitors?
How does Howdoo protect copyrights? Has the quality of Howdoo decreased when the product was copied from other popular platforms?
Jason Sibley
CMO
We are a tool for creators. Creators bring conent, content brings people. Not sure about your copy reference through?
Cryptodiffer Community
1:User data is a sensitive problem right now while there are many leaked user data events recently, especially Facebook personal data leaking event. How will HowDoo protect personal data of users to make they feel safe when using HowDoo and ensure smooth operation of your platform?
2: Is there a ranking system for content creators on HowDoo platform like Silver Play Button, Golden Play Button, Diamond Play Button like Youtube? If yes, how will it work? Will it base on amount of followers or other standards?
Jason Sibley
CMO
1. Yes it is!. And this issue is really what the blockchain exists for, protecting important information. So you having control and ownership of your own data, we feel will become more and more important to people. 2. yes there will be. starting with just standard and VIP
Cryptodiffer Community
What is the main use cases of Udoo token in your ecosystem?
Will investors can believe that there always have strong demand for Howdoo so that the price will increase in the longterm?
Jason Sibley
CMO
everything is centered around the token. tipping, payment of subs, purchase of advertising. we also have a great nodes programme and holders will get a share of our gross ad revenue – which will be a lot as we grow. Summarised in this video – https://www.youtube.com/watch?v=Cev2pRUtRnk
Cryptodiffer Community
How does Howdoo attract users when there are so many other ways that can help streamer make instant cash like streaming on popular Social media platforms like Facebook or Youtube without the need of cryptocurrency which usually has unstable price?
Jason Sibley
CMO
Facebook you need to pay to reach our audience! And youtube you need millions of views to earn now. Creators will earn more on howdoo than any other platform. More details in this 60 sec video -https://www.youtube.com/watch?v=8jA38yE53Tg
Cryptodiffer Community
Who are your biggest competition in crypto and what makes Howdoo unique?
What type of data mining companies can use the Howdoo platform and do they need to pay in UDoo tokens ?
Jason Sibley
CMO
Currently there is no Crypto competitor we are worried about…. This is not me wearing rose coloured glassed as we have spent a lot of time reviewing each offering. Our focus is more on executing our plans and watching the market for any new player that comes along…
Cryptodiffer Community
Many people now know that even though central social media platforms like Instagram, facebook and whatsapp may seem free they are actually platforms that generate serious revenue using personal data.
As a decentralized social media platform users can generate revenue on Howdoo but how do you guarantee user privacy, data privacy ?
Jason Sibley
CMO
You own your own data. You can create content to earn OR you can opt into advertisers where you pick what to share with advertisers AND you get rewarded for it (ie. a share of the ad revenue)
Cryptodiffer Community
1. Is Bat a Howdoo competitor? What is the difference in Howdoo’s advertising development compared to Bat?
2. Has Howdoo developed the app on Appstore and Google play yet? What is Team’s plan to attract users? Dapps is the current trend. What any Dapps for the Howdoo are you working on at the moment?
Jason Sibley
CMO
We love BAT, very similar ethos, opt in and rewarding. Where they focus on the web browser part of display marketing, we focus on the social network use and social ads. So very similar but different market. I hope we both succeed as we’re on the same mission. 2. Creators will bring users. Creators can create games and all sorts of things to offer to users and sell access through howdoo.
Cryptodiffer Community
When you refer to a blockchain-powered, what specifically does the blockchain network contribute? I know that blockchain is the consensus in transactions, so how does this apply to social networks?
HowDoo has a specific targeted audience?
Jason Sibley
CMO
Brilliant question – very long answer, but it’ll all in our orange paper https://howdoo.io/tokenomics/
Cryptodiffer Community
Q : Can you please highlight more on the decentralization aspect using #Howdoo technology. Also in the future, is it possible to quantify the level of decentralization and economic incentivization?
Jason Sibley
CMO
Yes, we will run at full power on 500 seed nodes and 100 super nodes. These have great returns.
Cryptodiffer Community
Q.1 Recently everyone knows facebook–Cambridge Analytica data scandal had harvested the personal data of millions of peoples’ Facebook profiles without their consent and used it for political advertising purposes So can you please explain how you will secure our data in howdoo social media? How you protect users personal data from politician because that’s, was a significant issue for every social media user?
Q.2 Currently, there are so many new social media platforms coming like EOS voice and many others also they providing many features so can you please explain what’s advance in howdoo app which varieties of advance feature howdoo app offer to users?
Jason Sibley
CMO
1. CA has really cast a spotlight on peoples right to own their own data, and this is exactly our proposition, and what the blockchain is perfect for. 2. Voices tokenomics does confuse me! I just dont get it. Our token, the udoo has huge utility with fiat on and off ramps in app (in Q1), so they’ll get users but will struggle to go mainsteam as crypto is just too complicated for the average social user.
Cryptodiffer Community
Howdoo will compete fiercely with competitors? What nervousness will make the community to achieve immediate and long-term goals?
Jason Sibley
CMO
We are going fiercely after the creators with the best ROI model for them. They bring the content, content brings users, users bring advertisers and advertisers bring ad money which gets shared with token holders PLUS the huge utility. Thats our flywheel to make everyone happy.
Cryptodiffer Community
What has been the biggest technical challenge that you overcame this year? What is it that makes your solution better others similar projects?
Jason Sibley
CMO
By far our fiat gateway in the app, and how it all works. How we allow users to ignore blockchain and crypto, and just see a token that has use (like vbucks in fortnite). Thats our edge. Plus being US regulated
Cryptodiffer Community
What does the reward I receive depend on?
Do likes and shares work the same as on Facebook or Twitter?
Jason Sibley
CMO
creators will get passive udoos through engagement on their content, users will get it if they allow ads. But more rewards are to be made creating content for tips or subscriptiuon channels.
Cryptodiffer Community
Where will the contents be stored? When if content includes criminal offense for a country what action will be taken if there is a request from that country to remove or block it?
Jason Sibley
CMO
It really depends on the type of content. for example video wont be on the blockchain as it technically makes no sense. The complaiance team are hard at work on the rest.
Cryptodiffer Community
– “What are your security measurements if your database is targeted for hack?”
– “As you have Master nodes works as the brain of the network, what will happen if something went wrong with that node?”
Jason Sibley
CMO
Blockchain is perfect for storing user data that they own, as we all know the benefits of it. We will have 100 supernodes and 500 seed nodes, so one being down will not impact the running of the platform.
Cryptodiffer Community
Which type of Content we can post on Howdoo Platform because some platform like Instagram allows only images and videos ! Not allows text post ! as well as Is Howdoo provides Live Streaming Feature to users ?
Is Howdoo social media provides Monetization feature to influencers which they post on Howdoo platform?
Jason Sibley
CMO
blogs, photos, videos, live streaming, pip live stream with desktop share as will as chat and forums etc. Creators can get tips, set up paywalls for one off content or subs and get 60-80% ad revenue.
Cryptodiffer Community
Hi, sir, I want to ask you in howdoo app we earn μDoos that are on a centralized wallet or decentralized wallet who holds the private keys of that μDoos? Do we get the payout in μDoos Erc20 tokens?
Which operating systems are supported for howdoo app? Can we only use howdoo on android and ios or you have planned for desktop or web version?
Jason Sibley
CMO
At the moment we are an erc20 and the wallet gives you your keys, this will change when we migrate to our own blockchain early next year. The app is on web, ios, android and soon huawei harmony OS.
Cryptodiffer Community
I hope this question doesn’t bother you, but .. could you tell us how this project differs from others like steemit or mindsdotcom?
How to catch so many users who are so used to their usual social networks?
Jason Sibley
CMO
Feel we might have covered this, but I’m a big steem fan, but its a blog with a token, and that token is complicated to buy and move around. So we are very different, and there is space for us both (think Facebook and Medium). Our focus on creators will bring the users.
Cryptodiffer Community
1 – What is Howdoo’s main moto behind connect, pay & earn? Is it just a social media that has only a few features added like transferring money, receiving, and managing to own privacy?
2 – From where do Howdoo is looking to generate funds to share among groups, contributors, and content creators?
Jason Sibley
CMO
We’re more like a content delivery system (think medium+youtube+twitch+patreon) with a social media wrapper. We are not going after facebook but want to be where the premium content lives. Yes users own their own data, but creators can and will earn more on howdoo. We’ll make our money through a small fee on subscriptions of 5% (we wont touch tips which 100% go to the creator) and advertising. BUT and here is the kicker, 10% of the gross ad revenue will be shared with token holders that stake UDOO’s. So creators will earn the most money, then token holders then Howdoo. We think this is not just the future of social networking, but also the future business model other companies will adopt too. A value economy.
Cryptodiffer TEAM
Guys! thanks for your answers!
Community thanks for questions! It was really interesting
Thank you for taking your time!
Jason Sibley
CMO
Wow, that was amazing. My fingers hurt. I hope we caught every question, it’s hard to scan TG. Please join our TG if we missed any, we have a great community. https://t.me/HowdooCommunity
