The internet is not rewarding people who give it it’s value
Originally published on: CoinSpeaker
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June 19, 2018
This may not exactly be shocking news, but everywhere on the Internet, content creators are being scammed off the revenue that they are helping large portals generate.
Take the example of YouTube for example, Bloomberg ran a story titled “‘Success’ on YouTube Still Means a Life of Poverty.” Chris Stokel-Walker explains in his article citing research from Germany, “96.5 percent of all of those trying to become YouTubers won’t make enough money off of advertising to crack the U.S. poverty line, according to research by Mathias Bärtl, a professor at Offenburg University of Applied Sciences in Offenburg.”
Then again, most content creators are at mercy of platforms that can change the rules of the game arbitrarily and cause extreme grief to those who work hard to make these platforms a success in the first place. Now a blockchain based contents reward platform is planning to change all of that. UUNIO is providing content creators the power to monetise their contents for a lifetime.
Rewarding hard work, being fair
UUNIO is about creating a rewards ecosystem that encompasses and goes beyond just social networking. The system is blockchain based and allows those that create the content to be compensated fairly for their work, but most importantly in a transparent manner. The rewards platform is called UNIFUL, which is a Decentralised Application (Dapp). UNIFUL has its own blockchain ecosystem that allows for creation of Dapps for various and all types of content. Already there are plans to allow the reward systems to work for photos, reviews, news, webcomics and more.
Uniful as a monetising platform
The Uniful platform holds the potential for infinite expansion, the ecosystem has its own coin called UNIF Coins. Already there are many Dapps that are existent on the platform like the UNNIO application can handle photos, Review Republic rewards reviews and there is an anonymous social media application called MOCI, which has been downloaded more than 6 mln times already. Cashtree, a popular app from Indonesia has joined the platform with 14 mln existent users. With millions of users already in the system, UNIF would be able to leverage the power of the UNIF coins as the common cryptocurrency across all these Dapps. Furthermore, these UNIF coins can be exchanged for UNNIO coins through CLET, which is a wallet cum messenger for the UNNIO token. Users would then be able to exchange UNNIO tokens for fiat or other cryptocurrencies through exchanges. This ultimately allows Uniful to become the platform that rewards for a myriad of content creation and social media use.
Crowdfunding rewards for a fair internet
UUNIO will be the gateway for the users of the UNIF ecosystem to monetise their work and for the project to gather momentum and translate itself into reality, they are holding an initial coin offering (ICO) till June 30, 2018. During this period a bonus of 10 per cent tokens are available.In the token sale a total of 0.9 bln UNNIO tokens would be sold at the fixed price of 0.08 USD. The ICO aims to generate US$ 20 mln. Investors can participate through NEXT or BITSONIC. Participation is also possible through UNNIO website. A white paper with details about the project has been released by UNNIO. It is expected that UNNIO would be able to launch their alpha service by the fourth quarter of 2018 and would open the gateway for a fairer Internet for everyone.