Patron: Creating Robust Social Media Sharing Economy On The Blockchain

Patron is best regarded as e-commerce of social media, where influencers (user with large followers) meet with Guests (businesses). The guest could be a new startup or organization who are willing to reach out to large audience on social media networks. Usually, they want to have higher conversion rate, to reach more targeted audience.

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The Benefits of Connecting Influencers to Company

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Eliminating Middlemen

For far too long, there are advertisement agents whose role is to match influencers with companies. While doing this, they employ parasitic kind of relationship in their dealings, they benefit more than the hosts (influencers). The greatest advantage of blockchain aside immutability of ledger, is execution of smart contracts. Patron is using blockchain technology to emancipate influencers from slavery for life!

No middleman means more income for influencers, less fraud in the social media marketing business. Neither the host nor the guest will ever get scammed in any transaction.

How Do Influencers Benefit On Patron? Win-Win For All!

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Influencers will have the privilege of having permanent record as proof of previous activities and transaction on Patron, this will serve as solid reputation for future contracts. These records cannot be altered, it is permanent and trustless.

trustless record is important to host as well as guest.

Through Patron voting system, influencers can reward their fans effortlessly depending on their voting weight or power. This is a true sharing economy where everyone is a winner.

Businesses Benefit More From Decentralized Social Media Sharing Economy

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Every business aims at profit, this is not isolated from massive advertising targeted at potential buyers or customers. Patron helps to increase visibility by connecting several ranges of influencers to advertisers, it doesn't have to be top celebrities alone. According to the [Whitepaper], advertising through influencers on Patron could ensure 10% conversion rate instead of 0.02% that is obtained elsewhere. This is 500 times higher than what business get from celebrity advertisers.

As An Influencer

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Patron will help me to better monetize my efforts than any other platform out there. On centralized social media, I talk about books and investment, with this, my followers know my personal brand as someone who read lots if books and talk about investment opportunities.

This makes sense to my friends on social networks if I introduce an author, writer or publishing company to them. They will not be so critical of me if I introduce investment company to them either.

Neither Instagram nor Twitter has paid me for having reasonable number followers and driving active engagements. I could earn with Patron while I do things that I like on social media.

What I Have To Say About Patron

For More Information About Patron

• Visit Patron Website

• Read the project whitepaper

• Ask questions on telegram

• follow them on Facebook and LinkedIn

• Read more about Patron on Bitcointalk and test app demo here

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Link to tweet: https://twitter.com/CoinLee_/status/1072505489018286080?s=20

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