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The Viral Economy WikiThe Viral Economy In A Nutshell
What it does
- Estimate the potential of a video concept (we call it “Pricing”) through the title and thumbnail by giving it a value in views at about 3 months. It’s not a direct view prediction, but they are closely related (see how here).
- Simulate an A/B test to rank different versions of thumbnails and titles. Test infinite combinations for the same project.
- Evaluate why a video performed poorly: was it the concept or did the production fail to match viewer expectations?
How it works
- People vote daily on others’ projects. Each project requires hundreds of votes to complete and our algorithm to clean the noise on the top of it. For a “Pricing”, the entire process takes about 48 hours to complete. A/B simulations may take 24 to 72 hours, depending on how many combinations you're testing.
- The voting system is managed by an internal economy to keep vote quality high (learn more here).
What it doesn't do
- It doesn’t measure watch time. People who vote have no idea if a piece of content is remarkably well produced or not, which can skew the results significantly depending on the gap between expectations and the actual content.
- It doesn’t work well for niche or non-English content. If specific knowledge or context is needed to understand your video, the tool might struggle (learn more here).
- It doesn’t scan YouTube. Our algorithm is connected to nothing else but the data we feed it with, it is completely blind to everything else.
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The Viral Economy Wiki