basically they collect hundreds of venmo addresses from
people who are willing to be advertised to.
each time they blast an app or a game or a comic book or
a new song out each of the venmo addresses also get $1.
The people paying for the advertisement bid for the next drop.
Bids start at 1.05 per address. next weeks days are being bid on today.
If you want your thing to drop on next Tuesday, you set your max bid on this weeks Tuesday.
It's an ebay style auction where the bids climb as the time would-be marketers vote with their dollars.
At 4:00pm EST 1:00PM PST - a winner is chosen.
DJ little ear bud - drops his single paying $1.65 for 14,958 venmo addresses subscribed to the music channel.
All venmo addresses are paid out $1, we take the $0.65 per venmo address.