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PlusOneCoin - Yes, there are fees for both

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Willymon Member Level  Friday, 07/24/20 02:55:54 PM
Re: fung_derf post# 8944
Post # of 9009 
PlusOneCoin - Yes, there are fees for both depositing and withdrawing.


Fees are different everywhere and some include minimum transaction amounts.


Withdrawals from iHub incur a transaction fee of 0.000100 PlusOneCoin.


Depositing from SouthXchange to iHub incurs a 1% fee from SouthXchange.


When you PlusOneCoin a post on iHub, looks like its a 70/30 split.


70% goes to the user who created the post as a reward for creating noteworthy content, advertising, or SPAM. (If a MOD removes the post, then it disappears from the PlusOneCoin position as well. No refund.)


30% goes to iHub as a source of revenue.


The idea makes PlusOneCoin a supplemental revenue stream for website owners when offering members of their online community a way to move content they feel is important to the top of the stack or above the noise.


You can buy an i.e. stickynote (PlusOneCoin a post) that is placed above the "stickynotes" on a board.


On iHub, There are three top spots on each board and you can out bid any position which creates a competitive market.


They do expire and you have to "put more coins in the machine" if you want the post to remain or be placed back up in the PlusOneCoin area again.


I don't have how long a PlusOneCoin promoted post will remain without any competitive bidding.


Guess I can run a test on another board with low traffic to let the clock run.


" faber est suae quisque fortunae " The above is for informational purposes only, responsibility for all trading decisions lies solely with the reader.
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