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A tipping tool for content creators

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  • cointea1121

    @adam. we've already done basic Tokenly payment button integration as a demo. We will probably make some UI modifications to better accommodate the Tokenly button but I would like to know if it looks ok to you.(Will DM you)

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  • MandelDuck

    @heunland

    @mandelduck Hi Im Chris the dev of Sarutobi game I also work with the IndieSquare guys on the TipButton and App

    As cointea1121 mentioned I use the tip button to reward players with SaruTobi coin, holders get extra in game bonuses, so far I often see players tip $10, $5 which is comparative to ad revenue, I really think indieSquares Tip Button idea could be a new source of revenue building on the internet which benefits users and content creators.

    I will be recommending the tip button to a few of my friends with blogs to see how it works for them

    Hi @mandelduck I don´t have any iOS devices so I can´t try your game until you make the android version ;) But meanwhile I just tried out the tip button on @cointea1121 test page to get a sarutobi tip! Can´t wait to get my sarutobi tokens which I am planning to hodl for a while until they become extremely valuable :)

    Thanks! I just sent a bunch of SaruTobi coins out so you should have gotten yours ;-)

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  • OurEverydayEarth

    Hi Koji, this looks like a really cool tool, when I get time I'm going to try it out on OurEverydayEarth.com

    :)

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  • WillH

    @cointea1121

    Hey, this is a very nice feature!

    Been anticipating this, if I recall correctly you mentioned the plans for it on your blog a while back.

    This could be something our artists/musicians can use once the IndieBoard is available. The project I run uses FANTOKEN as a token that represents our profits. This can be a great tool to get artists to share their tokens with fans. Our artists could use FANTOKEN as the token of appreciation when they receive tips, it creates a win-win situation like you mentioned.

    The questions I have:

    1. The way Indieboard works, can they use any token? That it doesn't have to be a token they issue themselves?

    2. Assuming that one would have to send the tokens to a specific address when creating the tip button, what happens when I make BTC or tokens distributions using the dividend function to FANTOKEN? Will the tip button address holding FANTOKEN receive the BTC?
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  • cointea1121

    Hey Will,

    Glad you like the idea! The tip button is closed beta if you are interested in testing it out already, you are more than welcome to become our tester/partner!

    To answer your questions,

    1. Currently, you can only create a tip button for the token you own. so for example, you cannot create a tip button for LTBCOIN. This might change in the future depending on how token holders use our tool but do you have any use cases for being able to choose any token?

    2. We currently do not hold any tokens unlike Swapbots or Coinvend. So every time you receive tips, we record how much you should pay back in tokens and you have to vend out on Indieboard yourself through the mobile wallet using your pin or touch ID. So, no issue for dividends.

    if you have any other question, let me know.

    @willh @cointea1121

    Hey, this is a very nice feature!

    Been anticipating this, if I recall correctly you mentioned the plans for it on your blog a while back.

    This could be something our artists/musicians can use once the IndieBoard is available. The project I run uses FANTOKEN as a token that represents our profits. This can be a great tool to get artists to share their tokens with fans. Our artists could use FANTOKEN as the token of appreciation when they receive tips, it creates a win-win situation like you mentioned.

    The questions I have:

    1. The way Indieboard works, can they use any token? That it doesn't have to be a token they issue themselves?

    2. Assuming that one would have to send the tokens to a specific address when creating the tip button, what happens when I make BTC or tokens distributions using the dividend function to FANTOKEN? Will the tip button address holding FANTOKEN receive the BTC?
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  • WillH

    @cointea1121

    Okay, cool.

    As for use cases for using any token:

    Because the tokens our artists receive give a possible payout if/when we make a profit they hold some value for the artist, however, they could choose to exchange them for bitcoin tips as that could give them an instant reward and a higher return in the short term. While their fans would be supporting them directly and also be rewarded for listening to them because they now hold the token and are eligible to receive the payouts we make.

    It might also be an easier solution for our artists. None of our artists were familiar with bitcoin before joining us. Which makes it hard for them to send any tokens because of miner fees and the awkwardness of getting a hold of bitcoin in the first place.

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  • cointea1121

    I see. yeah it makes sense to me and we have talked about the possible tweak to the system internally to accommodate such situations like you suggested. We will definitely keep an eye on how users want to use our tool and make changes if necessary in the future.

    If you are interested in testing it out anyways with the current design, please send me a DM and I will help you set it up. It's still a bit unstable but some people have already started using it in Japan and have had some positive results so far.

    @willh @cointea1121

    Okay, cool.

    As for use cases for using any token:

    Because the tokens our artists receive give a possible payout if/when we make a profit they hold some value for the artist, however, they could choose to exchange them for bitcoin tips as that could give them an instant reward and a higher return in the short term. While their fans would be supporting them directly and also be rewarded for listening to them because they now hold the token and are eligible to receive the payouts we make.

    It might also be an easier solution for our artists. None of our artists were familiar with bitcoin before joining us. Which makes it hard for them to send any tokens because of miner fees and the awkwardness of getting a hold of bitcoin in the first place.

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  • WillH

    @cointea1121

    That would be great.

    I'll definitely have it on my mind, once I have some clear use cases I'll let you know. At the moment I don't have a token to use, but with some other projects coming down the line this could work well.

    Btw are there any plans for users to have access to their private key in the wallet itself? I get that having the option can create confusion, especially for newcomers. I only ask because when I tell people who are getting started that it's a good idea to store the private key somewhere safe, I have to direct them to Counterwallet. I guess having the option also opens up some security issues as well?

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  • cointea1121

    I suppose you are getting it wrong here actually. IndieSquare Wallet uses client side encryption which means the user has complete control over the private key and we, IndieSquare, do not have access to it.

    In Counterparty's case, you just need to keep the 12 word passphrase secure and with IndieSquare you can check your passphrase from the settings page as well.

    Also, the 12-word passphrase is compatible with Counterwallet as well as Tokenly Pocket, so you can migrate from/to Counterwallet easily.

    some more information can be found here. wallet.indiesquare.me

    @willh @cointea1121

    That would be great.

    I'll definitely have it on my mind, once I have some clear use cases I'll let you know. At the moment I don't have a token to use, but with some other projects coming down the line this could work well.

    Btw are there any plans for users to have access to their private key in the wallet itself? I get that having the option can create confusion, especially for newcomers. I only ask because when I tell people who are getting started that it's a good idea to store the private key somewhere safe, I have to direct them to Counterwallet. I guess having the option also opens up some security issues as well?

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  • WillH

    @cointea1121

    I could have probably been more clear in the last message - I was thinking about the private key to the bitcoin address.

    E.g. if something were to happen to anything Counterparty related users would still be able to access their bitcoins with their private key from a standard bitcoin wallet.

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