The LTB Network Forum

Initial Value of LTBcoin

Back to LTBcoin Talk

Comments

lijshaw

Offline
Posts: 10

What would the initial value be of LTBcoin? 
Adam you suggest that it would start out as worthless and an ACT (or podcast) might generate 4-5 LTBcoins for an hour long show. Wouldn't it be cheaper for someone at that point to purchase LTBcoin than to create a show. How does the intial issuance of LTBcoin incentivize content creators?
What is the going rate for sponsorship income on a show in the existing market?According to John Lee Dumas:http://www.entrepreneuronfire.com/podcast-sponsorships/
about $430/5000 downloads for two sponsors on each show both prerool and midroll (which is the download rate now for the LTB network).So that could mean somewhere around $100/ LTBcoin intitially?
That should indicate the starting value of LTBcoin. Also any other content creator should help set the starting value based on what they would charge in a USD market as well. 

Or am I missing something.
Anyone please chime in with thoughts about the target valuation for LTBcoin at first. Cheers!Lij

 

Posted on March 11, 2014 at 4:45 PM

0 likes

• adam

  

  Offline
  Posts: 1980
  Location: California, USA

  Lij,It's actually going to be closer to multiple tens of thousands of LTBcoins per episode.  POP is just the way we measure how the LTBcoins should be allocated. 
  So if this week we have 100,000 LTBcoins to distribute, and 5 shows are submitted, meet our standards and are published, each show gets 20kLTB
  You can see the weekly distribution (as currently hypothesized, this is still under debate in another topic on these boards) here
  https://docs.google.com/spreadsheet/ccc?key=0AoPQ9D7Ob3GDdE44c29WdTlkcTVzRm1UMkp0RFp5VEE&usp=sharing

  Posted on March 11, 2014 at 5:14 PM
  Permalink
  0 likes
• lijshaw

  

  Offline
  Posts: 10

  Thanks Adam. Clearly you have put a lot of thought into this. It looks thorough.Do you intend to explain the chart on Saturday at the conference meeting? John and I may need some extra hand holding to get up to speed.And what time is the conference call again?
  Cheers!Lij

  Posted on March 11, 2014 at 7:41 PM
  Permalink
  0 likes

Post Reply