Oyster Pearl:Unlock the Potential Revenue Capacity of Millions of Websites

1. What is Oyster

Have you ever plagued by various advertising pop-ups that are constantly jumping out when you are online? How did you solve this problem?

I think most people feel very bad about online advertising, so in the past year or so, more and more people have started using ad blockers, and I am one of them. There is no denying that ad blockers can create a better user experience as they eliminate annoying pop-ups and privacy intrusive ads.

However, ad blocking tools deprive blog owners and content creators of their revenue sources. Because most website owners and publishers rely on advertising to generate revenue. Once users install ad blockers, and content owners can't do anything to disable them. The only thing they can do is to refuse to use the ad blocker to access the user.

On the one hand, web users hate annoying ads. On the other hand, many website owners want a secure, decentralized P2P storage solution. This is where the Oyster Protocol comes in. It can mediate conflicts between advertisers and ad blockers.

Oyster Pearl cryprocurrency, an ERC-20 token, is designed to help websites monetize without advertising and build a decentralized anonymous file storage system. It sounds like the two things have nothing to do with each other, but it is not. The Oyster Pearl project itself is a decentralized file storage system built on IOTA's Tangle, and this system will provide corresponding rewards to the websites that provide services on this network, so that these websites can be profitable without the need to place advertisements, which is a game of two.

 

2. How Oyster Works?

Assuming that Amily is an Oyster user, she wants to upload a self-photograph. Through the Oyster protocol, the selfie will be passed to the "broker node" in the Oyster network. The broker node is the transit point for this file system. They know how to send the correct anonymous encryption of the file to Tangle. And if you want to keep the file on Tangle, you have to pay the fee, and this cost is Pearls, which is the token of the oyster project. The broker node will leave half of it as the agency fee, and the remaining half will be encrypted into an Ethereum smart contract.

So where can we get Pearls? As the operator of the website, that is, the server that provides the file storage, a Javascript program is inserted on the website to connect to the Oyster protocol. When a user visits a website, they will get a data graph by running this Javascript program. This data graph can help users find Pearls. When Pearls is discovered, they will pay the operator of the website through this smart contract.

This process seems complicated, a brief summary, For Amily, she got an anonymous file storage, the site node got Pearls, and the users of the site only need to run a little Javascript to watch no ads, if this mode can be realized on the Internet, it can be said that the user experience has revolutionized.

Judging from the data and stable performance of oyster pearl history, I believe that more and more people will adopt this platform in the coming months, and then the oyster prices will increase.