# xGov Proposal #118 - pressdot - The First WebMarket **URL:** \ **Category:** xGov Proposals Pilot\ **Tags:** xgov, voting-session-3\ **Created:** [January 22, 2024, 3:14am UTC](https://forum.algorand.co/t/xgov-proposal-118-pressdot-the-first-webmarket/11113 "2024-01-22T03:14:57Z")\ **Posts on this page:** 1\ **Showing post:** 25
**Author:** ![dugan](https://avatars.discourse-cdn.com/v4/letter/d/eada6e/32.png) [@dugan](https://forum.algorand.co/u/dugan)\ **Post date:** [February 3, 2024, 4:10am UTC](https://forum.algorand.co/t/xgov-proposal-118-pressdot-the-first-webmarket/11113/25 "2024-02-03T04:10:50Z")
> [@Stitch](#): > > Download an Algorand wallet and learn about self-custody > Be able to swap PDAT to ALGO > Send ALGO to a CEX where they have a registered bank account > Sell Algo on CEX > Withdraw to bank You are correct, this is how it currently stands. Onboarding to Algorand takes a few steps, if you _don’t_ have your hand held through the process. The fact of the matter is, the average person doesn’t care enough about crypto self-custody. pressdot will provide an option for everyone to keep their ALGO on the pressdot website for a non-custodial solution. In the backend, we’ll have wallets for every user to hold and send ALGO/PDAT/USDC. I outline the process here: > [@dugan](#): > > - Creating a pressdot account > - Sending payment to pressdot’s Venmo/Bank > - Receiving ALGO/PDAT/USDC to pressdot account > - Which would be withdrawable to an external ALGO wallet like Defly or Pera > - Using ALGO/PDAT/USDC on pressdot And, I think you bring up a good point here: > [@Stitch](#): > > Without that i’m not sure how a good writer going to get discovered in this format - unless the idea is that people already with an online following would just use Press Dot to publish long form articles… and advertise them elsewhere? We have something in the works for v2 which is a “free” section. In the free section it would act more like Twitter/Reddit where people would be able to promote their content for free. That way, you wouldn’t have to leave the site in order to promote the content like you say. But, in an ideal world, these writers would already have a following and bring their readers to the site. As for the comments question, in the beta platform 100% of the PDAT goes directly to the creator. In the future, comments will be how readers can earn on the site. When someone responds to your comment, you will receive a share of the PDAT. So, if you are able to start a long discussion, you would be “earning for your ideas.” That’s why comments cost something. I hope this helps, keep the questions coming. --- _[View the full topic](https://forum.algorand.co/t/xgov-proposal-118-pressdot-the-first-webmarket/11113)._