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To keep updated with the current events, please follow these channels:

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We are currently working on a variety of new additions to our existing products and making sure we can monetize them most efficiently:

Daily BAP Texas Hold'em Poker competitions
After a lot of user requests, we have decided to pursue a simple poker competition structure, that will not take abundant development time. In fact, the build is already done here, we are merely waiting for some final design changes to make sure these competitions get the best exposure possible within PaidVerts. The competitions will share the prize pots amongst top daily wageres during the competition. The prize funds will constitute of some fixed BAP amount and increase with variable progressive rake share additions. Some simple options, that will allow us to keep the competitions interesting and appeal to as many users as possible. We will also take additional steps to make sure that the competitions are cheater-free (multi account checks will be done consistently).

Offerwall integration on IoS and Android PaidVerts app
Offerwalls will be added to both versions of the PaidVerts app, to make sure we reach as wide audience as possible. We have almost 2000 daily users between the two versions, and is something we want to monetize additionally. We are also looking into some banner advertising options along into a super simple in-app game for some extra BAP gain that will be monetized via rewarded video ads.

Did you know you can get a wider array of offers to complete from your mobile device? Make sure to check them out by downloading and using the app:
IoS version:
https://itunes.apple.com/th/app/paidverts-mobile/id1085653000?mt=8
Android version:
https://play.google.com/store/apps/details?id=com.paidverts.mobile

CoinFlip evolved (CE) freemium game
The graphics will be fully done tomorrow for a first sneak-peak, and we have cleared a lot of things with the programmer that is starting the build. A lot of preparation will now go into making sure we can get the best possible reward video solutions that will be at the core of game monetization. And it is something that will open us to easily copy the concept to a lot different additional simple user tasks/games.

Advertising report
We apologize for taking this long, but there has been a ton of things to handle the past two weeks that the final marketing report kept being postponed. It is in our best interest to continue with the practice as soon as possible. We are also hoping it will give you some basic insight regarding how to do some marketing yourself.

Stepping up advertising sales on PaidVerts
This week we intend to start working on some plan to REACH OUT to potential advertisers, to increase pure advertising sales on PaidVerts. There are simply so many underused high quality advertising products we offer, that we will no longer rely only on our most powerful tool, the crowd, anymore. Reaching out to advertisers, website owners, marketers is something you as members could earn a lot of commissions from doing it yourself, and is still something we highly encourage you to do! But, we plan on taking a strong step forwards here ourselves, as it is something that could really help propel PaidVerts forwards.

This will be conjoined heavily with some important changes to our TA product, which will be released and explained in more detail tomorrow. If you have been waiting for a targetable and cost-effective ad view advertising option- this will open us up for it.

Other developments
We are waiting on some final design for the basic project funding page, which will begin construction immediately. The next few weeks will be heavily revolved around a lot of research and specifications being made for several projects - mainly MMG, but also final specifications for the "surprise freemium game project" and a first app(gamified) faucet. Programmers have also adapted all of the code to use PHP7, which is a highly optimized version of the programming language our sites are built in. A simple, but a very effective step at gaining additional performance and help us reduce server costs further.

Update from the Polish office:

In the last week there was some forum banner bug fixing related with direct payment handling. We also added Amazon S3 service into forum attachment system in dev environment, resulting in integration with our assets storage connected with MTV and PV. This feature will be added soon. Before the weekend we started creating the concept of handling offerwalls inside our Android and iOS mobile application.

We're also working on Texas Holdem Daily Competitions: we prepared admin area to maintain competitions rules, game engine needed a few code injections to calculate users stats and overall additional rake reward, we added helpers for displaying current rankings and banner, added stats to display historical competitions and added cyclic job for paying out prizes to winners. We're waiting for several images from designer and we'll go live!

We added daily ads issues distributed by country to the PV, so it is possible now to distribute ads in more effective way from advertiser point of view. Email notifications regarding prepared campaigns are improved now and admins/mods can edit FB campaigns before accepting. We also added different pricing sheets for TA campaigns.

Additionally we're going to switch to PHP7 soon to increase performance and decrease the costs, so we were updating all our websites to make them compatible and error free.

riffolen
Traffic Value: $2,362.00635 Estonia

3 like this post 0 people

03/10/2016 17:28

Hey Slo, its already 3th October :p
OT: thanks for great news, can't wait to see new coinflip graphics , if you're going to show us em

mat_64
Traffic Value: $32.54316 Netherlands

32 like this post 1 people

03/10/2016 18:19

I have a few questions, because there is no mention of it in today’s news bulletin.

What was last months profit?
How much is going to the reserves? (How much is the reserve in total?)
How much of the FTQ is repaid?
How much is the a dividend reservation/payment over last month?
If the previous questions can't be answered at the moment, when can we get an answer to them?

maipet1
Traffic Value: $388.9039 Nigeria

9 like this post 0 people

03/10/2016 19:03

We need update on the ftq repayment/dividend payment...

Justin123
Traffic Value: $11,013.37121 Czech Republic

3 like this post 0 people

03/10/2016 19:11

I dont think there was much profit, certainly not enough to pay dividends and FTQ.
i just quickly put mtv daily results into spreadsheet, and $670 comes out as daily average profit for MTV. than there are adpacks bought every day, which is perhaps bit higher than overall ad issues, so PV has hopefuly positive results for a month. I believe druth can come out with some exact numbers.

so, it all depends on our daily costs in september..
SijoCJ, do you still keep track of it, and could you update your monthly thread as well?

stra
Traffic Value: $285.59089 Greece

11 like this post 0 people

03/10/2016 19:18

Just look at this.

https://docs.google.com/spreadsheets/d/1yo1MkKN9Z7kjPdHqQ7-TR6ijaA_57UIQPjSbT6SulZc/edit?pref=2&pli=1#gid=0

I don't see an easy way out of FTQ debt.
A solution could be a 700-750 daily ad issue, and the rest (out of 1,000) go to FTQ payment, since it is an "actual" (not like BAPs) debt.
It is not much (6,250-7,500 per month) and it would take a long time to clear FTQ, but i don't see another way out, in our current financial status.

Hades80
Traffic Value: $10,924.06731 Germany

17 like this post 0 people

03/10/2016 19:34

i think ftq repay or dividends are far far away with the actual results. More important is that the results are good enough to keep the lights on

stra
Traffic Value: $285.59089 Greece

16 like this post 0 people

03/10/2016 19:42

@Hades80

I agree, i just think that FTQ payment is much more important than dividends, bacause it is a debt.
Dividends are a way to give RP holders a part of the earnings, if any.

kbwnd
Traffic Value: $7,982.98431 Germany

2 like this post 0 people

03/10/2016 19:53

Mod Edit:

If you believe you found some exploit, please send a support ticket instead of sharing members details.

Thanks

stra
Traffic Value: $285.59089 Greece

2 like this post 0 people

03/10/2016 19:58

^^^^^ Which means?

druth8x
Traffic Value: $22,417.44153 United States

1 like this post 0 people

03/10/2016 21:36

Many things benign or suspicious.

Here's a benign reason:

Home Computer (afternoon)
Work/School 2nd login
Work/School
Home Computer (Breakfast)
Home Phone (Still in bed)

At least that's what knowledge of IP addresses lead me to believe is possible.

BTW, Andraz REALLY wants us to send in a support ticket for our suspicions.
They do notice most possible cases, even b4 we do, so may already been aware of it.
At the very least, just check for cashout requests until you know they are looking into it, and flag them.

dguy
Traffic Value: $15,993.01608 Canada

5 like this post 2 people

03/10/2016 21:46

Let us switch our FTQ funds to BAP or shares. That will lower the cost

stra
Traffic Value: $285.59089 Greece

0 like this post 0 people

03/10/2016 21:58

@dguy

If it is for BAPs i insist on giving us some time to buy BAs with that money.
We will advertise something, with no extra MTV cost.

druth8x
Traffic Value: $22,417.44153 United States

1 like this post 0 people

03/10/2016 22:32

If they do that s word, but at market rate, I "insist" that they minimize just how much is s word at once, and only to those who ask for it. This way the RP/BAP Market's, and the rest of the sites, can handle that w/o any noticeable ramifications.

ibadnan
Traffic Value: $459.892 Pakistan

0 like this post 0 people

04/10/2016 05:18

Android version:
https://play.google.com/store/apps/details?id=com.paidverts.mobile

There is no option of cash offers on app ? can any one help me out ?

dguy
Traffic Value: $15,993.01608 Canada

4 like this post 0 people

04/10/2016 05:34

I wasn't thinking the s word. completely voluntary

MiloSx7
Traffic Value: $302.30744 Serbia

5 like this post 0 people

04/10/2016 08:42

I don't think sw@pping the FTQ with shares or bap is a good idea, because of the past of this company. If Marc pays FTQ fully as promised, I'm sure that will not ruin our company name further. Lets just be patient. I believe in this system.

Justas1988
Traffic Value: $417.10528 Lithuania

0 like this post 1 people

04/10/2016 09:07

Then start pay

FTQ? very interesting.

carvalho17
Traffic Value: $28.3459 Brazil

2 like this post 0 people

04/10/2016 09:21

@Justas1988 I think they are talking about a voluntary sw@p. For some people, to take 20% (example) now is better than waiting one year.

druth8x
Traffic Value: $22,417.44153 United States

4 like this post 0 people

04/10/2016 10:07

Yes, Voluntary.

No, Market Rate.

AKA if RP price is $0.032 and 13 BAP and you are owed $1.30, you'd be able to exchange that investment for:

406.25RP + another $0.039 worth 12.1875RP (the CASH sell fee) (always round up) to 419 RP.

407 (how much, rounded up, the cash would have gotten you in RP) x 13 x 95% = 5026.45 (always round up) 5,027 BAP.

The idea behind the exchange is to remove the debt, that we are trying to pay off via Monthly Profits, to a different form.

If you accept RP, and then sell them for CASH, the crowd is who pays off your FTQ.
If you accept BAP, then Ad Issues, as they come in, pays off your FTQ.

Since it is voluntary, and except for some users not needing to acquire more BAP (aka instead or reacquiring BAP for their Group lvl, they just exchange FTQ instead), so potentially less NEW Ad Packs being bought, and if not done slowly, the BAP could grow too much at once, and the RP could start to drop due to high sell off, I see no real issue with it, as long as they limit it to no more than say 5mil BAP/day, and no more than 500K RP/day exchanged. Those numbers are based on: BAP is about 2 days worth of reality of current BAP Growth of debt, after all debt removers are accounted for. RP, on the upper end of 1 days worth of CASH RP being exchanged btwn members.

Admin can see fit to come up with different "metling of the ice" daily/weekly limits based on their own internal data and minds of how much they feel won't make the markets and sites notice much a difference, besides the overall less FTQ debt and those users feeling more optimistic and even the non exchanged users haveing less debt ahead of them.

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