Live Time Connection Application Cryptocurrency Reward System
Find Innovative SolutionsGenerate Solutions
Solution Overview
Problem
Current applications do not effectively compensate users for their time spent using internet-based services, lacking a method to monetize user participation and engagement.
Innovation Solution
A live time connection application method that utilizes cryptocurrency to reward users for their time spent on the platform, allowing them to earn and use cryptocurrency for purchases, incorporating features like geo-targeted advertising, holographic interactions, and social distancing measures, while employing blockchain for secure transactions.
Engineering Contradictions & Design Principles
Engineering Contradiction Analysis
1Productivity
If users spend time using applications for communication and internet access, then user engagement and platform usage increase, but users do not receive compensation for their time investment
Solution Approach 1:
The system implements a feedback mechanism where users receive cryptocurrency compensation based on their time spent and engagement level with the application. The processor calculates compensation amounts by analyzing usage data and transaction histories, then credits users' digital wallets accordingly, creating a closed-loop feedback system that rewards continued engagement
Solution Approach 2:
The system changes the parameter of user compensation from traditional free access to cryptocurrency-based payment. By introducing cryptocurrency as a compensable asset and adjusting compensation parameters based on engagement metrics, transaction histories, and platform value, the system transforms user time from an un补偿ed resource to a monetizable asset
2Productivity
If the application implements cryptocurrency rewards and transactions, then user monetization is achieved, but system complexity increases due to blockchain integration
Solution Approach 1:
The system introduces a processor as an intermediary that manages cryptocurrency transactions, wallet operations, and compensation calculations. This centralizes complex blockchain operations behind a simplified interface, allowing users to interact with cryptocurrency rewards through familiar application mechanisms without directly managing blockchain complexity
Solution Approach 2:
The processor performs multiple functions including traditional application logic, cryptocurrency wallet management, transaction history analysis, compensation calculation, and blockchain interaction. By consolidating these diverse functions into a single multi-functional component, the system reduces overall architectural complexity despite implementing cryptocurrency rewards
Data Source
AI summary
The embodiments disclose a method including creating a live time connection platform for providing users with live time connection application purposes including augmented reality, users logged into the live time connection application earn from a group of compensation forms comprising cryptocurrency, fiat money, credit, and award for their participation on the application per unit of time, users logged into the live time connection application earn to access saved data including at least one from a group of videos, GIFs, texts, blogs, pictures, feeds, multisensory experiences, and other content, users using earnings make purchases from advertisers at an on-line store, using digital devices to login to the live time connection application, providing security to look for key words from user reported connection abuses, flagging abusers and reporting to police where appropriate, and providing geo advertising facilitates users choosing targeted advertising according to their interests and demographics from advertisers in their location.