Episode 62: Can Bitcoin Change Social Media Forever?
Ryan X. Charles, CEO and co-founder of Yours.org, a Bitcoin-powered social media platform which rewards content creators with cryptocurrency payments.
What you are going to LEARN in this episode:
Why the current model for monetizing social media is broken and Bitcoin may be the answer
What are “micropayments” and why they might just be the next “big thang”
How Yours.org is different than Facebook, Reddit and Steemit.com
How AI bots will integrate into and improve our everyday life (and how they can pay for themselves)
The Problem: Content creators are curating high-quality content on social media, but have little ability to monetize it.
Yours.org’s Solution: Build a social media platform on the Bitcoin network which also includes a digital currency economy and payment system. By using micropayments, community members can reward content creators with small Bitcoin donations which are free and fast to send. Content creators are allowed to offer a donation-only or paywall revenue model.
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I mean, here we are, right?
Something is being changed in a big way, and the legacy systems hear it.
true. It's interesting how Yours.org and Steem have taken different approaches. One offers payouts from the blockchain and the other you have to pay your own way.
Indeed.
I'm going to have to check out yours.org. it's Bitcoin powered? Steem is really convenient to use because transactions don't have a gas fee. I'd like to see how it works on another blockchain.
good story I like that and let me resteem your post
Sure. Thank you!
This interview can motivate many people... specially for those who are new in this field.
Yeah, it can. I agree with the argument.
See how fresh the idea is. Definitely it can. crypto world is future.