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originally posted by: Ahabstar
a reply to: Ksihkehe
I’ll admit that I don’t understand how it would work. How does ATS create value with its own cryptocurrency in competition to all other cryptocurrency? Does it conform to a particular one which would make ATS just another client of a modern take on a Token Ring Network of aligned sites. Meaning that strong performers carrying the weight of poor performers (like when a management group does a concert of signed acts, the headliners carry the show and get little of the gate because the small acts need more promo work to get stronger...old story).
And then the final part is. The longer a person stays on the site the greater the odds of finding a crypto coin. They can cash it in but how does that profit the site in the first place? That increased time on site is a metric for advertising rates.
The whole thing just sounds like a house of cards foundation to a pyramid scheme to me. I’m sure it works for somebody in conjunction of other revenue generations. But I’d look harder at the other to see what it is. But that is me.
originally posted by: SkepticOverlord
It's time to face the harsh reality. This website is quickly approaching a difficult situation. Here are the facts:
For independent sites like ATS, advertising revenue has been dropping across the entire Internet for the past five years. Combined with the recent significant drop in advertising due to the economic fallout of the pandemic, and it's horrible.
The number of visitors blocking what meager revenue is available on ATS continues to climb. We're well above the broader Internet average at more than two-thirds of all visitors blocking ads and other analytics tags.
The blocking of the analytics tags artificially deflates our actual traffic and visitor statistics. Making it impossible to attract a higher-quality ad supplier. Compound that with the reality that the current political climate has made many of our freely-expressed topics "toxic," and it's double horrible. (For example, Google AdSense is not an option for us.)
There are only two options:
1) Find a suitable buyer with the resources to invest in growth.
2) Slowly fade away until revenue can't support hosting.
We don't say this lightly — especially me, who has devoted 12+ years to this endeavor.
I can imagine the long list of ideas our members will suggest. I appreciate your passion and enthusiasm. It's why I did this. However, they would all require time and resources that we don't have.
The best hope for this project's longevity in free expression is for someone with resources to pick up the torch and carry it where we currently cannot. A new torchbearer would be critically important in these times where "free expression" is under attack.
Some contextual history:
We've entertained acquisition deals from a few suitable entities over the past several months. The most recent company was a near-perfect fit. But they are also suddenly facing an uncertain financial future due to the gutting of the online advertising markets.
We cannot find a business broker specializing in websites that are willing to represent a 100% ad revenue model to their buyers (for now).
Marketplaces and auctions such as Flippa are problematic. First, for success, an upfront investment that we don't have is required. Second, confirming the intent and principles of a potential buyer is near-impossible.
What Comes Next
Soon, we will make some type of "this website for sale" indication. From there, we'll see what interest we get. Please trust me in that we will have high standards for any new owner.
The website will continue to run. In the event we begin seriously fading away, there will be a fair warning.
With a heavy heart, thank you for your participation. It's my sincere hope that a new "torchbearer" will come forward, and you all will continue your efforts unabated.
Competing UFO factions (Aviary -v- can't remember) battled it out here. Resulting in bannings and more attempts to discredit ATS and its owners.
originally posted by: AScrubWhoDied
If ATS had quality content (measured by organic traffic engagement, time on site, returns etc...) then the site would be profitable.
originally posted by: AScrubWhoDied
I see that reddit is worth 3 billion now,
and expected to quadruple their 2017's alleged 100 million in profit.
originally posted by: galaga
I think this site would be more popular if you could use cuss words.
originally posted by: Harte
originally posted by: galaga
I think this site would be more popular if you could use cuss words.
That's it!
The solution has been staring us in the face the entire time!
Cussing. Brilliant!
ATS will make tons of profits, since no other website has ever thought of this!
Harte