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Serj Korj
@serjkorj
We stand for the $/hour usage billing. But where do these hours come from and what does AirBnB have to do with it? Let's deep dive into this new marketplace, where people can sell underutilized hours of their subscriptions to let others use them via Pay-As-You-Go. Thread 🧵/ 10 👇
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Serj Korj
@serjkorj
🧵 1/10 AirBnB started as a tool to let you earn on underutilized space in your home. Either way you've committed to monthly payment but with AirBnB you can let others 'rent' space that you don't use anyway. You get an extra income to recoup some of the rent cost. Others get space by attractive price when they need it.
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Serj Korj
@serjkorj
🧵2/10 DePlan starts as a tool to let you earn on your underutilized subscriptions. Either way you pay monthly fee for subscriptions but with DePlan you can let others 'rent' apps you subscribed for. You get a kind of cash-back to recoup some of your subscriptions. Others can use apps via attractive Pay-As-You-Go pricing when they need them.
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Serj Korj
@serjkorj
🧵3/10 Each of you has underutilized hours of subscriptions. You never use apps you subscribed for all days long. You pay for a month of usage but use these apps few hours. On the other hand we have a lot of people who don't want to commit because they need this product just once or more rarely than you. Yes, like shared room on AirBnB.
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Serj Korj
@serjkorj
🧵4/10 DePlan creates new open market connecting these 2 groups of customers. We have 'Sellers' that have accumulated unused hours and 'Buyers' that need these hours to 'rent' the apps via Pay-As-You-Go model.
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Serj Korj
@serjkorj
🧵5/10 How it works. Based on your screen time DePlan defines how much underutilized hours are left for each app this month. These hours are tokenized on blockchain. 1 underutilized hour of the app = 1 app's token that you own and can trade.
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Serj Korj
@serjkorj
🧵6/10 Rental price is average between Real and Ideal $/hr prices. For example average usage of the app is 10 hours per month. Subscription price is $10/mo. That means Real price is $1/hour. Ideal price is $10/mo divided by all monthly hours of your smartphone usage. If you use device 4 hours a day that means 120 hours a month. Ideal price is $10 ÷ 120hrs = $0.083/hr. In total, rental price starts from $0.54/hr (average between $1 and $0.083) and varies based on ongoing supply and demand for accumulated hours.
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Serj Korj
@serjkorj
🧵7/10 When somebody 'rents' the app via Pay-As-You-Go with $/hour pricing they only pay for the time they actually use this app. For example if the price is $0.54/hour and the app was used for 30 minutes they will pay $0.27 That money is split between subscriber and app. DePlan gets modest %.
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