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Show HN: VidFall – Pay with time, not your wallet (vidfall.com)
30 points by badgercapital 4332 days ago
15 comments

The age old problem that the demographic that watches video ads for .50$ is not the demographic you want to advertise to...
So what? The people who click on google ad words and Facebook ads aren't the target market for those either. Doesn't stop them from making bank.
Clean and i got the message in 3 seconds. I would guess your viewers will result in lower conversion rates for the advertisers when viewed from your page. Not sure how to handle that if advertisers notice.

Also, since your whole pitch is about the $$$ your leaderboard should be tied to $ somehow instead of just # of watches. That's more for your own dashboard. (ie highlight the wins, not the amount of pain other users have been put through)

Definitely need to work on the pitch a bit. Thanks, this will put the fire under me to get around to cleaning that up. Appreciate the kind words!
These business models usually face a problem of one ad view not being enough to incentivize someone to watch it. I like the penny auction spin you put on that. Clever.

That said, is your ad network aware of this and okay with it?

How do you verify these are real viewers? There are a lot of "attack" vectors here... automated servers + proxies, or even just somebody with a clickbot on their home computer cycling through videos and buying an item once its price goes below what they can sell it for elsewhere?

Also, why would your users not just buy giftcards at any number of the discount gift sites, many of which offer higher discounts than you, without the need to watch a video?

I'm very curious about the economics here, because I find it hard to imagine you could win all these "startup of the month" type accolades without thinking this through.

I like that the competitive edge doesn't feel very pressuring. Cool idea, I'll keep an eye on this site.

Also just a quick note - the copy on the About Us section could use some slight sentence structure and organization checking. :) The end in particular reads a little strangely:

> We even feature charity auctions, which apply the revenue users generate from watching video ads towards great causes around the world. Thanks for your interest in VidFall. Founded in September 2013, VidFall is a portfolio company of Wasabi Ventures, LLC.

How does this not violate the terms of your affiliate agreements?

Are the video ads from direct clients of yours or through a general affiliate program?

I too, would like to know this.
Yup, so who's gonna build the automatic video watching / bidding bot?
In Time (2011) - "... To avoid overpopulation, time has become the currency and the way people pay for luxuries and necessities...."
I honestly don't see the benefit of this. If I understand it correctly, a bunch of people watch ads, causing the price to go down. But only one person gets the discounted price, and everyone else who sat there watching ads gets nothing? In other words, the majority of people using the site get no benefit.
Sorry you feel that way. Thanks for checking us out! Cheers!
First time I loaded the page, I got some massive text in the middle of the page that said:

  Error 500
  CDbConnection failed to open the DB connection.
Should look into caching that front page or at least handling DB errors more gracefully.
Wow, I'm quite impressed. I bought the $100 restaurant gift card (for $30). They sent it to me tonight, but it was only for $50. I emailed them, and they responded within 8 minutes with the remaining $50.

Kudos to their customer support.

Really cool concept! I want to try it out, just for the game theory aspects of it.

Has anyone successfully received the items they ordered off of this?

Thanks! Appreciate the kind words. We ship out around 6pm every night. We have a lot to do today!
Turns out I couldn't buy because my Bank of America card currently has a UK address attached to it. Let people use international billing addresses for digital goods like Amazon gift cards?

(Also, better aesthetics (like removing the stripe texture and the greyscale menu) would make this site way more trust-worthy in my eyes. Currently it looks too much like a rough tech demo quickly thrown together on Wordpress)

I Received my first $10 Amazon E-Card within a few days of the purchase.
Wow, well thank you HN for the support. Really incredible to be on the front page. You guys blew up AWS! Cleaned up the DB issues! Let's party!
Bought an Amazon gift card to test it out. Says it will arrive in 24 hours. Would be nice if instant, but looks good so far!
Hey, we ship each night at 6pm! Your card should arrive then. Thank you so much for giving us a try.
Which time zone?
Its very hard to trust this website when there is a massive misrepresentation of the number of viewers.
Hey the watchers variable is dependent upon the number of people actually watching videos. We were making a TON of calls to our ad networks at the peak of the HN craze, but not all the videos were coming through. That is why the viewer variable was all screwy. Lots of work ahead, appreciate the constructive criticism!
Who do you use for your ad network?
This is awesome