Social media integration with Cryptocurrency

in cryptocurrency •  8 years ago 

Recently Social Media company Kik has decided to launch it's own Ether ICO. Kik gives incentives to it's users through kik points based on their interactions. Although it has lost it's user base since 2013, it currently boasts of 15 million app users.

This is the first social media app which is using Cryptocurrency to monetize user transactions, the big question is will Facebook follow suit, time will tell?

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So kik will pay us for using their client?

No they are using cryptocurrency tokens as the primary transaction currency on their platform which is a big step as most apps use local currency e.g. facebook credit.

Oh, that's less exciting. I was hoping for a "steemit: messenger edition" kinda thing going on.

That's the next step, with crypto adoption becoming more popular I am sure it's round the corner.

For sure, I am also hoping YouTube will switch to a steemit like system.

Or a new crypto based video service for that matter.

Steems success will determine how soon we see the transition from conventional content publishing mediums. It's quite unfair that an author creates the content with all the hard work and then Google uses the content to promote and make money without any sharing with the content creator, this is so unfair.

I could not agree more if I tried. Google are scumbags.