
Background: we launched ads a month ago, and have been thinking about a v2 version.
We're now building the next version and it will be released within ~2 weeks.
Current plan for v2:
All ads are single promoted markets
Promoted markets appear in your feed
You still get paid for watching them, and betting is optional (but accessible)
We optionally target the ad based on a provided interest (e.g. "AI" or "NFL")
This market is about whether this new v2 version of ads will reach 1 million mana purchased within 2 months of launch.
Previous related market:
https://manifold.markets/Sinclair/will-more-than-m69420-be-spent-on-a
The first version of ads hit about 70k paid in 1 month. This would be about 500k per month or slightly more than 7x the volume.
Edit: To clarify, the relaunched ads feature is called "boosting" your market. In your feed these markets are labeled "Boosted".
🏅 Top traders
# | Name | Total profit |
---|---|---|
1 | Ṁ4,285 | |
2 | Ṁ1,724 | |
3 | Ṁ509 | |
4 | Ṁ355 | |
5 | Ṁ99 |
@JamesGrugett , should be resolveable now right? I would also very much like the final number so I can resolve my other markets.
select sum((data ->> 'amount')::numeric) from txns
where data ->> 'category' = 'MARKET_BOOST_CREATE'
which is 619674. which is less than 1 million. should resolve NO
I've spent a lot. It actually kind of works. I only make back maybe 15% of the mana I put in but it's still worth it for the increased participation
This market is trending at 5-7% after the update, so I've made 2 markets that are around more interesting goals:
I don't know whether this market resolves June 20th, or June 30th. So I've gone with the conservative estimate.
I million mana = 1,000,000 spent on ads.
Currently 1 ad = 5 mana. To get to 1 million spent mana, we need 200,000 ad purchases.
200,000 is a large number.
The previous ad release got 70k mana. This ad relaunch is 10X effective but that's 700k mana. The timelines are short.. if this was for another month, i'd buy yes
@JamesGrugett Perhaps the title and description should be updated? "Boosts" instead of "ads", etc.
@firstuserhere "You still get paid for watching them" doesn't sound like an accurate description of boosts. For those who have been following the developments closely, you are correct.
Highly underrated imo. Just look at how many ads there are in your feed. Easily 7x the volume. (I would be willing to buy it up to 50% but people let me get away with buying at 20%. I have spent a significant % of my portfolio on this market so I can't bet on here anymore)
For the purposes of the market, today is the launch! Go forth and boost your markets!