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Blockchain, Digital Marketing, Disruption

April 27, 2018

Blockchain, Digital Marketing, Disruption

Talk from BrightonSEO 27th April 2018


April 27, 2018

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  1. • On trust • Blockchain concepts and jargon • Key

    advantages of blockchain • Examples of blockchain projects • Trends and predictions • Next steps for you, the digital marketer • A disclaimer and a special offer Slides on speakerdeck.com/dcent What will you get from this talk? Dcent.tech @divydovy
  2. A brief history of trust Tribes - people have to

    trust everyone in the group, can't trust outsiders Towns - need to trust currency to enable specialised lifestyles and trades Cities - need to trust police and governments to maintain citizen safety International - need to trust institutions for education, government, finance and law Digital - need to trust computers and the corporations that run them -- The history of trust to this point is a story about centralisation -- Blockchain - no need to trust anyone, only need to trust maths Dcent.tech @dcentagency
  3. "This is the existential challenge of our times….taking the informed

    risk to join the battle for truth so that facts triumph over fears." Edelman Trust Barometer 2018 http://cms.edelman.com/sites/default/files/2018-02/2018_Edelman_TrustBarometer_Executive_Summary_Jan.pdf The challenge Dcent.tech @divydovy
  4. "Our role as marketers is to build ever deeper relationships

    with clients and prospects." Jeremy Skule CMO of NASDAQ https://www.neverstopmarketing.com/wp-content/uploads/2017/07/CMO-Pr imer-For-The-Blockchain-World-NSM.pdf The opportunity Dcent.tech @divydovy
  5. Blockchains - decentralised ledger technology, consensus by algorithm, smart contracts

    Smart contracts - programmable contracts, execute on the blockchain when conditions are met Cryptocurrencies - blockchain technology, decentralised currencies, exchange or store of value Coins/tokens - digital representations of an intrinsic or physical assets tracked on a blockchain Oracles - trusted authorities, involved in smart contracts dApps - decentralised apps which use the blockchain itself as their operating system Cryptoeconomics - the protocols that define trade behaviour in a DLT-powered system https://www.legalgeek.co/learn/blockchain-wtf/ Dcent.tech @dcentagency The jargon
  6. Dcent.tech @divydovy The Advantages of Blockchain Technology 1 Decentralisation Transparency

    Data integrity & immutability System & data availability Fast and efficient transactions 2 5 4 3
  7. Dcent.tech @divydovy Examples So let’s pick a few examples of

    how cryptoeconomics will disrupt digital marketing: 1. Content marketing 2. User-generated content 3. SEO 4. Display advertising Zooming out, longer term • What does this mean for brands? • Is the future for brands based on purpose & values marketing?
  8. Dcent.tech @dcentagency Steemit is a new platform that’s kind of

    like Reddit or Medium but underpinned by it’s own cryptocurrency - where Medium has claps, Steemit has STEEM dollars. You can earn STEEM by: • Publishing content • Voting and curating content • Buying tokens directly Then you can sell your tokens to buy your groceries. https://steemit.com Content Marketing
  9. Dcent.tech @divydovy Basic Attention Token is a way to monetise

    content, protect privacy and reward users for consuming ads. https://basicattentiontoken.org/ Content Marketing
  10. Dcent.tech @dcentagency Po.et is a platform that uses the Bitcoin

    computing network to cryptographically prove and manage the ownership and rights to content you create. It already has a WordPress integration: https://www.po.et/integrations Proof of ownership
  11. Change the economics of spam by adding a tiny transaction

    cost to things like email and comment spam. https://coinhive.com comment spam https://bitbounce.io email spam https://www.bobsrepair.com review fraud Dcent.tech @dcentagency User Generated Content
  12. Dcent.tech @dcentagency Civil is an Ethereum dApp that uses tokens

    to: • Allow direct reader revenue • Manage platform governance • Incentivise 3rd party developers • Provide a token-curated registry Civil fixes a number of key issues specific to publishing businesses. Cryptoeconomics
  13. Blockchain-based identity, digital assets and certifications will be like the

    rel=author tag - another ranking signal for search and social platforms. https://searchengineland.com/blockchain-will-impact-search-mark eting-industry-282998 http://www.digitalistmag.com/customer-experience/2017/11/08/bl ockchain-impact-marketing-search-programmatic-influencers-05 489233 SEO Dcent.tech @divydovy
  14. Dcent.tech @dcentagency Check out this Lightning Network checkout demo: Ecommerce

    The Lightning network is a ‘layer two’ blockchain solution that allows the bitcoin blockchain to be used for much higher transaction volumes (and faster speeds).
  15. Dcent.tech @divydovy Display marketing currently works like a dating agency,

    blockchain adtech will be more like tinder. “After all, with blockchain, the intermediary is a robot, not a human, so people can trust it with their data.” https://digiday.com/marketing/blockchain-in-progr ammatic/ Display Marketing "bots inflicted $7.2 billion in fraud last year." https://www.neverstopmarketing.com/wp-content/ uploads/2017/07/CMO-Primer-For-The-Blockchain -World-NSM.pdf
  16. Dcent.tech @dcentagency There’s a lot happening in the platform space

    There are already some very credible platforms emerging in this space, e.g. • https://decent.ch • https://po.et • https://joincivil.com • https://steemit.com • https://www.yours.org • https://www.synereo.com • https://akasha.world Credit for map: https://medium.com/@matteozago/why-the-net-giants-are-worried-about-the-web-3-0-44b2d3620da5
  17. Dcent.tech @divydovy The new brand: 1. Clear mission: human values

    2. Cohesive plan to achieve vision 3. Harness the power of a community of believers who are stakeholders in multiple ways: emotional, psychological, and financial Brand Marketing Core new brand capabilities: • Be willing and able to provide transparency via blockchain proofs • Inspire and recruit believers in the core vision and mission • Propel circular economies of authentic value that support the vision and mission
  18. “the fundamentals of the token model...allow communities to govern themselves,

    their economics, and rally a community...to flourish in a way that was previously impossible.” Fred Ehrsam (co-founder of Coinbase), Value of the Token Model “an infinity of subcultures...now blossoms on the Internet — vegans, body modifiers, CrossFitters, Wiccans, DIYers...Millions of people are finding their true peers in the cloud.” Balaji Srinivasan (founder of 21.co) Software is Reorganizing the World Combine these insights and we can imagine a world in which the granularity and transparency of blockchain data gives economic power to very specific communities. https://www.neverstopmarketing.com/wp-content/uploads/2017/07/CMO-Primer-For-The-Blockchain-World-NSM.pdf Purpose Marketing Dcent.tech @divydovy
  19. Dcent.tech @divydovy • Tech giants will adopt/release/buy e.g. Facebook tokens

    (Rakuten already has) • Media-buying agencies will innovate or struggle • Everything that can be Tokenized will be Tokenized • Shift towards purpose, authentic value creation, community curation and experience • Instantaneous migration between service providers • Browsers will help manage your online budget • The role of oracles (to provide data for smart contracts) will lead to the growth of importance of trusted authoritative data sources • Blockchain-based Ad- and Mar-Tech will see huge growth (400% in last 6m alone) Trends - my take
  20. Dcent.tech @divydovy • Download Brave browser and check out the

    settings • Try implementing BAT on your website and letting people know you’re using it • Sign up to Steemit (and/or other blockchain-based social media) and get involved • Put some time into reading and learning about blockchain, CCs and DLTs • Consider whether your brand is ready for this new reality • Seek out economic opportunities and potential that add to the brand proposition • Build stronger bonds with your customer experience team (or create one) • Stop washing spreadsheets and prepare to play a different role when reporting data • Measure how your audience feels inspired by your purpose What should you do now if you're a digital marketing professional?
  21. A special offer for anyone watching this talk - half-price

    executive briefing. Just visit https://dcent.tech and mention BrightonSEO. BrightonSEO special offer Dcent.tech @divydovy
  22. Dcent.tech @divydovy DISCLAIMER: Blockchain isn't the right fit for everything

    and you need to do your own research. This is not financial advice. This presentation includes content published from countries all over the world. Persons who access it, agree to do so in accordance with their local laws. All opinions expressed by this author or others are solely the opinion of that individual, and should not be viewed as an endorsement or investment advice. You should not treat any opinion expressed here as a specific inducement to make a particular investment, or follow a particular strategy, but only as an expression of that individual’s opinion. Statements and opinions are subject to change without notice. Past performance is not indicative of future results. Dcent does not guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed. Strategies or investments discussed may fluctuate in price or value. Investors may get back less than invested. Investments or strategies mentioned may not be suitable for you. The material discussed here does not take into account your particular investment objectives, financial situation or needs, and is not intended as recommendations appropriate for you. You must make an independent decision regarding investments or strategies mentioned. Before acting on information on this presentation, you should consider whether it is suitable for your particular circumstances, and strongly consider seeking advice from your own financial or investment adviser.