ArtByte (formerly AppleByte) It is a cryptocurrency that was created with the objective of supporting artists from around the world. Explains on its website:
"Our mission is to support artists in building their careers. There is no charge for our services for artists and art lovers. Services are paid by the Foundation ArtByte. "
How does it help the ArtByte artists?
As if a patron, it allows artists to receive and spend artbytes, as if they were points or airline miles rewards credit cards. Also it helps them gain greater exposure in social networks.
How receive artbytes artists?
Fans who love their work can give them this cryptocurrency. There is even an application for Twitter in which fans can help artists directly in their personal user of this network.
The artists can win themselves, helping to to put more coins in circulation through the site ArtByte Orchard
Artists also can earn by joining your computer to the network as a node. So they can undermine themselves.
Are there other benefits?
Besides artists can achieve more exposure through social networks ArtByte.
The Foundation publishes ArtByte messages, tweets, retweets of painters, writers, musicians, etc., involved in the project.
In addition, artists can put a link to your free work at the site ArtByte and visit the forum and win new fans.
When an artist has a new project or action, you can write about this in the forum, section New projects, and will be promoted in the media that has the page.
Artists can sell their work or services for ArtBytes. For example, the founder of ArtByte is a fashion photographer and it allows customers to pay with this cryptocurrency.
Is it profitable?
ArtByte is now in the position CoinMarketCap 141, with a market capitalization of $ 331,000. On Thursday July 21 transactions in the order of $ 20,000 were made. Each ArtByte costs $ 0.0004. The cryptocurrency grew in the second quarter and July 22 reached its highest price: 0.0005 dollars.
Artbytes artists can obtain this cryptocurrency transactions in the exchange Poloniex, change it or FIAT Bitcoin money.
Who created it?
Although it does not say the name of its creator or the team, an Internet search threw as founder Mike Cabaniss, who lives in Texas, is a photographer, digital marketing entrepreneur and producer.
I will use this for our community radio and for our recording studio as a charity we need to get whatever we can to keep going
I invested in some when they came out, still holding them...