01/09/2021
WEBTALK AD REWARD POINTS UPDATE
There are some important things to know about how points work and here I'm going to provide full transparency.
First, and foremost, Webtalk Rewards is in Beta. This means we are publically testing the software to establish its validity in the market.
No other company has offered a Rewards system like ours because it's extremely difficult to build.
1. We resell our advertising space through Google, which means Google shares the revenue they generate from our ad space with Webtalk.
2. Webtalk then in turn shares 60% of the revenue we generate with our users by placing the money earned into a monthly ad pool.
3. All points awarded in the month are then divided by the amount of money that is in the pool to create the value of the point, which is completed on the 1st of the month for the prior months earnings.
4. ALL POINT VALUES DURING THE MONTH ARE ESTIMATES AND ARE SUBJECT TO CHANGE UPON THE FINAL CALCULATION ON THE 1st DAY OF THE FOLLOWING MONTH.
5. We have algorithms that work in conjunction with Google Adsense revenue to align certain activity to actual revenue generated from the activity. ie. Higher paying activity = more points awarded.
Note: Since Google doesn't offer the ability to directly connect each user on our platform with the revenue they generated, we have to use our own technology to do that without violating Google terms.
6. Every month we have a guaranteed $10,000 monthly ad pool payout, and up until last month, we have not generated $10,000 in total ad revenue. Therefore, we have been losing money every month with our guarantee. The guarantee is in place so we can have users actively using the Rewards platform while we test it and optimize it for scale.
7. Attached to this post you will see our actual earnings from Google. In July, Webtalk generated less than $2,400, but we still paid out $10,000 to our users. That is a loss of $7,600 that Webtalk took to pay our users for your activity in July.
8. Attached to this post is all information for August earnings. As you can see we generated $11,000, and after paying out $10,000 to our users, we will make $1,000.
However, I have also attached the data to show why revenue was significantly higher in August than July, and its purely because of Ad Clicks. The more clicks on ads, the more revenue we generate, and the more points you earn. The last few days of August we had the same number of pageviews, but the number of ad clicks was significantly higher.
9. After we surpass $16,660 in ad revenue for the month, the $10,000 pool amount begins to increase. ie. When we reach $100,000 in ad revenue, the pool amount will be $60,000. When we reach $1MM in ad revenue the pool amount will be $600,000.
10. We are working hard to remove invalid traffic from bots, spam, and abusive activity that violates our terms and the terms of Google. At the same time, we are working to make Webtalk and Webtalk Rewards run smoother and faster.
11. This month we updated Ad Reward estimates to use the final point value of the previous month as the starting estimated point value for the current month. It will go to actual point value once the same number of total points have been awarded as the previous month. If the point values end up being greater than the estimated point value then you will see the change on the first day of the following month when the final totals are calculated.
12. Reselling ads for Google is only temporary until we release our own self-service ad platform. At that time, our primary Ad Rewards model will change to paying 10% of the advertising budgets from your advertiser referrals, and 10% of the advertising revenue that your content generates. Google Ads will only be used to fill the remaining ad inventory not sold to our users.
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