The APPICS Platform Rewards Content Creation with Cryptocurrency Tokens
Rahul Kalvapalle — March 28, 2018 — Tech
References: appics & cointelegraph
APPICS is an innovative new smartphone social media app that is designed to make it possible for social media fiends to earn something from all the time they spend on their digital networking, by allowing them to earn cryptocurrency tokens for creating, sharing and engaging with different kinds of content.
The APPICS social media app makes use of the Steem blockchain system to let the creators of social media content claim 65% of all the revenue generated from their output, with 25% going to other engaged users and 10% reinvested into the app's development and evolution.
By rewarding social media users with cryptocurrency tokens, the APPICS project makes use of nascent cryptocurrency infrastructure to gamify the simple act of using social media, with the ultimate aim being the use of incentives to create a vibrant and active social media space.
The APPICS social media app makes use of the Steem blockchain system to let the creators of social media content claim 65% of all the revenue generated from their output, with 25% going to other engaged users and 10% reinvested into the app's development and evolution.
By rewarding social media users with cryptocurrency tokens, the APPICS project makes use of nascent cryptocurrency infrastructure to gamify the simple act of using social media, with the ultimate aim being the use of incentives to create a vibrant and active social media space.
Trend Themes
1. Gamified Social Media - Disruptive innovation opportunity: Create social media platforms that incentivize users through gamification and cryptocurrency rewards.
2. Cryptocurrency Rewards - Disruptive innovation opportunity: Build platforms and apps that reward users with cryptocurrency for their engagement and contributions.
3. Blockchain Integration - Disruptive innovation opportunity: Integrate blockchain technology into social media apps to enable transparent and secure rewards distribution.
Industry Implications
1. Social Media - Disruptive innovation opportunity: Transform traditional social media platforms by implementing gamification and cryptocurrency rewards for users.
2. Cryptocurrency - Disruptive innovation opportunity: Develop new platforms and apps that leverage cryptocurrency rewards to incentivize user engagement and content creation.
3. Blockchain Technology - Disruptive innovation opportunity: Explore new applications of blockchain technology by integrating it into social media platforms for transparent and fair rewards systems.
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