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NXT Revitalization Plan
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Author Topic: NXT Revitalization Plan  (Read 56908 times)

Marc De Mesel

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Re: NXT Revitalization Plan
« Reply #200 on: February 21, 2016, 12:58:17 pm »


It's still going, we have 0.08 BTC left in the advertising account, and delivered more than 2600 clicks the past 7 days.

Since the bid price is 10k satoshi, the total nr of clicks for this campaign is 3600, of which 3000 was from the deposited 0.3 BTC and 600 as a bonus from the site.

It's a pretty good deal, considering it's 3-3.5 million impressions.

After the round ends I`ll analyze how much it has impacted the community, now that Damelon will setup a tracking system for downloads, it will be very easy to see the progress.

The rest of the money is waiting:
https://blockchain.info/address/1HZZo9sE8Papuf8Ue2WPBhMefysr9Uy3ao

Great work. I also like very much how careful you are with the money.  :)

Also thanks Damelon for making it better trackable.  8)

RealBitcoin

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Re: NXT Revitalization Plan
« Reply #201 on: February 22, 2016, 09:08:12 am »


It's still going, we have 0.08 BTC left in the advertising account, and delivered more than 2600 clicks the past 7 days.

Since the bid price is 10k satoshi, the total nr of clicks for this campaign is 3600, of which 3000 was from the deposited 0.3 BTC and 600 as a bonus from the site.

It's a pretty good deal, considering it's 3-3.5 million impressions.

After the round ends I`ll analyze how much it has impacted the community, now that Damelon will setup a tracking system for downloads, it will be very easy to see the progress.

The rest of the money is waiting:
https://blockchain.info/address/1HZZo9sE8Papuf8Ue2WPBhMefysr9Uy3ao

Great work. I also like very much how careful you are with the money.  :)

Also thanks Damelon for making it better trackable.  8)

Thanks, nxt will have it's turn now to shine again.
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #202 on: February 22, 2016, 12:14:53 pm »

.
« Last Edit: February 29, 2016, 08:25:30 pm by RealBitcoin »
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Marc De Mesel

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Re: NXT Revitalization Plan
« Reply #203 on: February 22, 2016, 02:19:08 pm »

I added my tipping jar to the OP if anybody wants to donate to me for my work, you are welcome.

BTC: 1FUo8hc26rSoD2p4u66MZ2rhiib9DiTP9o
NXT: NXT-PGEN-X5JV-ATFW-366ZB
NXT pubkey: 979079ec130368bfdfecc00e1a2a37420f14af75dfa0e399c6323af417de4d31

If you are going to donate to me ,you should also donate to https://nxtforum.org/index.php?action=profile;u=6805  , he created the nice banners for the campaign.

Thanks!

Tipped  8)

Thanks for your great work.

phideas, love to tip you some btc too, you have an address?

phideas

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Re: NXT Revitalization Plan
« Reply #204 on: February 22, 2016, 09:24:20 pm »


[/quote]

Tipped  8)

Thanks for your great work.

phideas, love to tip you some btc too, you have an address?
[/quote]

Hey Mark!

Thank you! Much appreciate!
3HSvMnFNtLWzASk4XzQDPiCTfR2S8kPBh3

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www.phideas.info | Telegram: @phideas

Marc De Mesel

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Re: NXT Revitalization Plan
« Reply #205 on: February 22, 2016, 10:10:33 pm »

Hey Mark!

Thank you! Much appreciate!
3HSvMnFNtLWzASk4XzQDPiCTfR2S8kPBh3

There you go phideas :)

Awesome banners, thanks man 8)

RealBitcoin

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Re: NXT Revitalization Plan
« Reply #206 on: February 22, 2016, 10:33:57 pm »

Thanks for the tips! :)

The round of the campaign is probably over tomorrow, then I will analyze how much we progressed in this round.

On first look it seems like transaction speed is picking up, that is good. I hope Damelon's link tracker will be ready soon, it will be better with raw statistics.

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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #207 on: February 23, 2016, 03:26:05 pm »

Ok folks there is a 62.15% correlation between this campaign delivered clicks and the transaction amount

https://www.mynxt.info/charts/transactions_per_day.php





Here is in detail:  http://s000.tinyupload.com/index.php?file_id=76886125986629597861


So we have generated 62% of the changes in the transactions in the last days since feb 14.

It is very good, i didnt thought we would have so big impact in NXT, but i still dont like that so few people sign up to the forum.

The forum should have pageview stats public also, because I dont think many people create accounts, most of them just read the stuff on the forum without account.



This means that with 0.3 BTC and the current config of the campaign we can have this much impact on the TX count.

There is also a -54% correlation meaning that the transaction size decreases, though not because of us, but because it would also normally decrease, yet because of the transaction count increases, this means that the  TRANSACTION SIZE/ COUNT ratio is increased.

This means that there are more smaller transactions going on, indicating that many newbies bought smaller amounts of NXT probably



And finally the account numbers are also rising:

https://www.mynxt.info/charts/number_of_accounts.php

But this is only their internal NXT account, not all the new wallets so this data is irrelevant for us.



To sum up, we are going the right way
« Last Edit: February 23, 2016, 03:28:38 pm by RealBitcoin »
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #208 on: February 24, 2016, 11:24:48 am »

Regarding the sig campaign, we have to forget about that, it's very inefficient.

I wear a signature to test out how many refs do I get, and i got only 6 in 5 days.


So if we go with a bare minimum 0.5% conversion rate, that means that it was at most 1200 clicks.

So that means that in best case scenario, which is unlikely,my 3739 posts only generate 1200 clicks.

Now let's assume only senior members join, because small signatures are hard to see, then you have to pay 0.00030 BTC / post for a senior member, that would cost us 1.1217 Bitcoins.

With banner ads, for 1.1217 bitcoin we get 11,217 clicks.


Yes so the banner ad is 10x more efficient that signature campaign. And this is the best case scenario I assumed, if its worse than that, then its even worse.
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websioux

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Re: NXT Revitalization Plan
« Reply #209 on: February 24, 2016, 12:03:04 pm »

Ok folks there is a 62.15% correlation between this campaign delivered clicks and the transaction amount
...
So we have generated 62% of the changes in the transactions in the last days since feb 14.
..

Where does these correlation numbers come from ? 62% change in transaction volume is not 62% corelation between some trafic signal and transaction signal. Is that what you mean ?

From what I see in the stats, I would not bet on the fact there is correlation : natural random variations seem to me to be of the same magnitude.

From experience, I know you find things when you observe drastic changes. That's the goal of full tracking, that can not be done here except on the output signal : click on download client button.
With full tracking, you look at the output per ad source, which means that you have no noise in your output because before your ad is on the ad source effect was zero.

That's what I was refering to here : https://nxtforum.org/nxt-promotion/nxt-revitalization-plan/msg209476/#msg209476

For me a "tracker" is not a "counter", Yes it counts but gives results per ad source component.
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #210 on: February 24, 2016, 06:27:52 pm »


Where does these correlation numbers come from ? 62% change in transaction volume is not 62% corelation between some trafic signal and transaction signal. Is that what you mean ?

From what I see in the stats, I would not bet on the fact there is correlation : natural random variations seem to me to be of the same magnitude.

From experience, I know you find things when you observe drastic changes. That's the goal of full tracking, that can not be done here except on the output signal : click on download client button.
With full tracking, you look at the output per ad source, which means that you have no noise in your output because before your ad is on the ad source effect was zero.

That's what I was refering to here : https://nxtforum.org/nxt-promotion/nxt-revitalization-plan/msg209476/#msg209476

For me a "tracker" is not a "counter", Yes it counts but gives results per ad source component.

A person can download the client 100 times, that wont be accurate either. Or maybe he just uses online wallet and doesnt download the client.

You need to see the effects of the campaign in the macro scale too. 3000+ viewers plus the ones from the earlier rounds, thats a tons of people.

If only a quarter of them buys 1000 NXT each that is still a 750,000 NXT volume, which has to show up in the charts.


Of course that is only 13 BTC, which is too tiny to be seen in the NXT market cap, but it can be detected in the transaction count chart.
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #211 on: February 25, 2016, 06:59:37 pm »

Time for ROUND 7.

Time to scale up the campaign so I added half to mellow ads, I saw very cheap ad spaces there with good CTR.
« Last Edit: February 26, 2016, 12:45:09 am by RealBitcoin »
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lurker10

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Re: NXT Revitalization Plan
« Reply #212 on: February 27, 2016, 08:53:52 pm »

NXT AE is mentioned a few times among others: https://www.youtube.com/watch?v=nGAAcxz2ln4
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Tosch110

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Re: NXT Revitalization Plan
« Reply #213 on: February 29, 2016, 04:01:26 am »

NXT AE is mentioned a few times among others: https://www.youtube.com/watch?v=nGAAcxz2ln4

Thanks, I liked the episode, very interesting point of view and ideas he is talking about.

RealBitcoin

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Re: NXT Revitalization Plan
« Reply #214 on: February 29, 2016, 07:33:50 pm »

The current campaign is over, it was pretty good compared to the previous one, and it had a 1 day delay between clicks and transaction volume.

And it only achieved a 72.72% correlation that way:

date      clicks         change        tx volume   change          shifted change
FEB25   36   3.5835189385   1386   0.1267517056   0
FEB26   2912   4.3930764709   1372   -0.0101523715   0.1267517056
FEB27   2882   -0.0103556328   1359   -0.0095203941   -0.0101523715
FEB28   1700   -0.5278562465   1650   0.1940261527   -0.0095203941

I shifted the volume by 1 day after the clicks ,and we had a 72% correlation that way so even though, the day to day comparison was poor.

Looks like people used NXT 1 day after they clicked the ad, maybe they needed 1 day to read up and learn abotu it.



I also found out that mellowads is 13% more efficient than bitmedia. Its that much cheaper, and also the ads are distributed on all spots of a webpage, while in bitmedia we only got the bottom of the page for 0.0001 BTC CPC.

So we will use mellowads from now on, plus it also has many blogs and news sites in it's list, not just faucets so we will get quality users too not only faucet workers.
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #215 on: February 29, 2016, 07:57:39 pm »

Round 8: Only mellow ads now.

The cpc is variable here, not like in bitmedia with 0.0001 CPC, but it's much more efficient, as I described above.

It's also a newcomer, bitmedia is older a bit to my knowledge and it has grown pretty fast, I remember using a few months ago advertising my ref links there and it wasnt that big back then, now it has hundreds of bitcoin and cryptosites listed here.

To my current knowledge its the best ad network there is for crypo currencies, so we definitely will use it from now on, unfortunately bitmedia has become sloppy and slow to deliver our campaign, maybe it was my filters but even still, i think their network traffic has shrunk in the past 2 weeks.

It's just better if we use mellowads from now on, now lets see how it works out!
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #216 on: March 01, 2016, 07:43:44 pm »

Transaction is not confirming, its a real big mess , the bitcoin system is broken.

Meanwhile I definitely proven that the sig campaign is a mess, I have wore a ref signature over bitcointalk for weeks now, and barely got any refs, yes it's not worth it folks.

Better just use CPC campaigns like we already do, sig campaign is a mess too.
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #217 on: March 02, 2016, 10:06:48 pm »

It's a real big mess now with slow TX around BTC, I had to resend the TX, and just now checked it and it arrived. Now we have an extra edge of promoting NXT due to BTC having problems.

Round 8 starts.
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nzminer

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Re: NXT Revitalization Plan
« Reply #218 on: March 03, 2016, 06:09:59 am »

It's a real big mess now with slow TX around BTC, I had to resend the TX, and just now checked it and it arrived. Now we have an extra edge of promoting NXT due to BTC having problems.

Round 8 starts.

lol and now read this!

The devs are trying to blame it on bitcoin classic!

http://www.theverge.com/2016/3/2/11146584/bitcoin-core-classic-debate-transaction-limit-crisis

Bitcoin will fail, while...
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RealBitcoin

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Re: NXT Revitalization Plan
« Reply #219 on: March 04, 2016, 12:44:17 am »


lol and now read this!

The devs are trying to blame it on bitcoin classic!

http://www.theverge.com/2016/3/2/11146584/bitcoin-core-classic-debate-transaction-limit-crisis

Bitcoin will fail, while...

Nah it's ok it's just shills. But in the meantime we can use this opportunity for NXT promotion.

The current campaign is set to last 5 days and ends on the 7th. We will see how much progress we will make.

Now it looks like that more people signup on this forum as well.
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