Cryptocurrencies are everywhere, some sham, some scam and some simply make our lives beautiful. German entrepreneur and developer Adrian Barwick; known for Panda Suite, is back with another top shot idea.
This time he has created a medium and Reddit hybrid that would allow users to create content and be paid in cryptocurrencies for the content they post on the platform.
The platform dubbed Honest Cash although launched is in pre-content-posting phase. Users can register on the social network to receive early invites as soon as the platform is live for content creation and sharing.
The platform page promises users to be an open platform for all quoting the bitcoin subreddit and yours.org where the content is “uncensorable”.
@MatterBCH and @YoursOrg leave BCH, we join BCH. Announcing https://t.co/w6KcoAbD6X. The first honest social media network built on #BCH based on principles:
* uncensored content
* you earn if you create and upvote content
* open-source code
Preregistrations open! pic.twitter.com/cF4GUxcCFE
— Adrian Barwicki (@AdrianBarwicki) November 20, 2018
Who can earn?
The idea is a hybrid primarily between the Medium that shares content revenue with users and Reddit where users upvote the content they like and only users have the power to make content a hit or miss. However, the third platform in the hybrid is yours.org where users tip others when they like or share content.
Users would be paid for content creation where the platform would share half of the amount made in Bitcoin Cash (BCH) with the content creator and half of it with the people uprooting it.
There is something for everyone
Users and viewers voting for their favorite content would also be a part of the revenue share scheme where each vote would be worth half a Euro (0.5). The payment would be divided among voters and creates. Every voter would be able to earn from the stream of voters who vote after them.