I am trying to push them to develop ways to take a portion of the ad revenue and feed it to those who are active on threads. That is not part of the plan yet but am working on it.
There are ads on threads, not sure when they will be on long form. When people click on ads, it generates revenue for the platform, just like all social media sites.
Sorry, if it's a silly question, but how does that work?
How does what work? The counter or ad revenue?
I guess I'm more confused about the buyback part..
I am trying to push them to develop ways to take a portion of the ad revenue and feed it to those who are active on threads. That is not part of the plan yet but am working on it.
Ad revenue generated is fed into a smart contract that ends up buying $LEO. As of now, that will be fed to the holders of Leo Power.
Ok, thanks for explanation. Still not entirely sure how a post generates ad revenue..
There are ads on threads, not sure when they will be on long form. When people click on ads, it generates revenue for the platform, just like all social media sites.
Ah, as simple as that! Did not notice any ads, so that's why the additional confusion. xD
I wish i knew that, i myself is unaware about that thing. I hope khaleel would see this thread and answer it.
It is great to see. We see $LEO moving up slightly.