Oyster is creating the future of website monetization by building a new protocol for the internet economy and eliminate ads from websites. According to Chris Garner, advertising evangelist with Oyster, website publishers currently rely on advertisements as a primary revenue stream. Oyster is trying to change that.
The solution is based on a decentralized data storage platform that uses blockchain technology to provide absolute security. When website visitors access a website, instead of seeing ads, the user will contribute a small portion of their CPU and GPU power to be stored anonymously on a decentralized ledger. Website publishers then get paid directly by the storage users which results in completely ad-free websites.
This new economic protocol will allow web publishers forget about advertisements and focus on better content with unbiased opinions. The website users will enjoy ad-free use of websites at a minimal cost as well as added privacy.
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