Already tweeted the answer to this awhile back:
<a href='https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20'>https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20</a><div class='embed' data-url='https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20'></div>
Snapchat Lens Studio.
You can find Tweeters who are bragging that their augmented reality mask or face "Lenses" are garnering over 1 billion uses. There's experience, art, and tech involved in creating those Lenses, and over 200 million users are using them every day for fun and sometimes even for business. What if each use of a mask was 1 penny? Here's the math:
User Math: If a user used Lenses 3 times per day per year, that's 3 cents x 365.25 days or just under $11 per year fee-- or < $1 per month to use Snapchat's coolest features. When users pay, they barely notice the expense AND they inspire better Lenses to be built, which means cooler more advanced use.
Lens Studio creator math: 1 billion uses, times 1 penny = $10 million earnings. This is an obvious win for Lens Studio developers who can be 13 year olds with good imaginations and development kit skills.
Snapchat math: Snapchat inspires creators to make better Lenses, which inspires users to use Snapchat even more. Snapchat wins
If Evan Spiegel and Bobby Murphy got their head out of their political ass and focused on new trends in payments, they'd adopt BSV asap and not start with 1 penny use, but 0.1 penny use. Now the economics would still be great:
Users: spend $1 per year on Lens use, or 8 cents a month!
Creators: Top creators make $1mm
Snap: again, they just win from incentivizing a better product.
Snap could even take a cut, say 30%, and add to revenues which wouldn't have to rely completely on advertising.
Now imagine Snap uses this same incentive system with Snap Games, Snap Maps. But Snap Lens Studio is just the most obvious homerun.
If you don't know what Lens Studio means: it's the creation software which allowed someone to create that viral Lens which turns boys into girls, and old men into kids again.
Augmented Reality Lenses have only just begun their long journey, there are SO many use cases. Think of movies like Eyes Wide Shut, Face Off, or any Cartoon overlay (Roger Rabbit, Space Jam).
If<a class="mention" href="/@jimmywin">@jimmywin</a> or<a class="mention" href="/@brentongunning">@brentongunning</a> had an "in" at Snapchat, the sooner the better because the transactions and usage would be gargantuan right from the getgo.
True Story: I applied for the job of Snapchat COO. I would have had Snap on BSV by now, and they'd be murdering Instagram, TikTok, and others just by being first to the great BitCoin revolution. I suspect it will be the smallest of startups within the BSV ecosystem who will be the biggest creators of transactions and garner all the economics of the new paradigm. (epilogue: the person who got the job checked all the usual resume boxes, lotta FAANGy experience, proper political alignments etc... but wouldn't know a BSV from a ChainLink shitcoin from a wooden penny)
Already tweeted the answer to this awhile back:
<a href='https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20'>https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20</a><div class='embed' data-url='https://twitter.com/EquityDiamonds/status/1152010072681172992?s=20'></div>
Snapchat Lens Studio.
You can find Tweeters who are bragging that their augmented reality mask or face "Lenses" are garnering over 1 billion uses. There's experience, art, and tech involved in creating those Lenses, and over 200 million users are using them every day for fun and sometimes even for business. What if each use of a mask was 1 penny? Here's the math:
User Math: If a user used Lenses 3 times per day per year, that's 3 cents x 365.25 days or just under $11 per year fee-- or < $1 per month to use Snapchat's coolest features. When users pay, they barely notice the expense AND they inspire better Lenses to be built, which means cooler more advanced use.
Lens Studio creator math: 1 billion uses, times 1 penny = $10 million earnings. This is an obvious win for Lens Studio developers who can be 13 year olds with good imaginations and development kit skills.
Snapchat math: Snapchat inspires creators to make better Lenses, which inspires users to use Snapchat even more. Snapchat wins
If Evan Spiegel and Bobby Murphy got their head out of their political ass and focused on new trends in payments, they'd adopt BSV asap and not start with 1 penny use, but 0.1 penny use. Now the economics would still be great:
Users: spend $1 per year on Lens use, or 8 cents a month!
Creators: Top creators make $1mm
Snap: again, they just win from incentivizing a better product.
Snap could even take a cut, say 30%, and add to revenues which wouldn't have to rely completely on advertising.
Now imagine Snap uses this same incentive system with Snap Games, Snap Maps. But Snap Lens Studio is just the most obvious homerun.
If you don't know what Lens Studio means: it's the creation software which allowed someone to create that viral Lens which turns boys into girls, and old men into kids again.
Augmented Reality Lenses have only just begun their long journey, there are SO many use cases. Think of movies like Eyes Wide Shut, Face Off, or any Cartoon overlay (Roger Rabbit, Space Jam).
If<a class="mention" href="/@jimmywin">@jimmywin</a> or<a class="mention" href="/@brentongunning">@brentongunning</a> had an "in" at Snapchat, the sooner the better because the transactions and usage would be gargantuan right from the getgo.
True Story: I applied for the job of Snapchat COO. I would have had Snap on BSV by now, and they'd be murdering Instagram, TikTok, and others just by being first to the great BitCoin revolution. I suspect it will be the smallest of startups within the BSV ecosystem who will be the biggest creators of transactions and garner all the economics of the new paradigm. (epilogue: the person who got the job checked all the usual resume boxes, lotta FAANGy experience, proper political alignments etc... but wouldn't know a BSV from a ChainLink shitcoin from a wooden penny)