Belacam, an Instagram competitor based on cryptocurrencies

The parent company of Belacam, Ambia Fund, has raised a $150k seed investment from Mark Galant, the founder of GAIN Capital / Forex.com to take on the popular photo-sharing juggernaut, Instagram. Belacam is a cryptocurrency-based social media site similar to Instagram where users earn $.05 – $.10 for each ‘like’ that they get on their photos.

Belacam is an independent site to share photos. It makes use of an automated system of micropayments to send a small amount of money from one user to another with each 'like'. For example, when Dave "likes" Sally's picture, Dave gives Sally a few cents worth of Bela from her own account. Sally can have that money or use it to please the posts of other users

Belacam is an easy way to awaken that adoption. As a site and next application, anyone can interact with a cryptocurrency in a smooth and uncomplicated manner, earning each "like" in their photos. Create a new world where an artistic image of your lunch earns money that can pay for lunch. "Cryptocurrencies are no longer just speculations," says Marx. "The adoption of real life begins now."