HOW GISTCOIN IS PREPARED TO GIVE CLUBHOUSE A RUN FOR ITS MONEY

in #gistcoin3 years ago (edited)

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Clubhouse might not be your definition of a “social media platform” because it took a detour from what we have come to accept from Facebook, Twitter, and Instagram.

Unlike the use of texts to create content and the sharing of videos and photos, Clubhouse opted for audio communications.

This drove the millennials frenzy because it has been a long time coming since social media users, especially millennials (the Internet-savvy generation) have been looking for that feature.

The Clubhouse has had massive success and inspired a lot of social media sites, as well. Twitter now has something similar called Twitter Space, while Spotify joins the list with Green Room.

INTRODUCING THE GISTHOUSE PROJECT

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The GistHouse Project is a cryptocurrency-powered project that wants to introduce additional features that will make online audio conversations more exciting than it is.

**THE FEATURES OF THIS PROJECT ARE DISCUSSED BELOW:
1- NEXT-GEN ONLINE AUDIO COMMUNICATIONS PLATFORM
The GistHouse Platform is keen on putting all the important tools in place to create the next-generation drop-in audio platform.

This is inspired by the need to have something better than Clubhouse, Green Room, and Twitter Spaces.

The GistHouse Platform will not only thrive on cryptocurrency payments. It will also leverage blockchain technology to ensure transparency, inclusive participation of the members of the ecosystem, as well as the gamification of the entire ecosystem.

2- PAY FOR CONTENT CONSUMPTION
It is usually free to have access to the information published on Facebook, Twitter, Instagram, and even profession-centric platforms like LinkedIn.

It was only recently that those platforms started introducing monetization channels for the content creators or influencers on those platforms.

However, nothing much has been done for the audio perspective of social media communications.

Twitter Spaces, Green Room, and Clubhouse are yet to introduce viable channels for the content creators or influencers to earn money or income for the influence they exert via the platforms.

This is worth looking into – and GistCoin is already looking into it.

The GistCoin is both the native token of the broader GistHouse Platform, as well as the monetization tool to be used in the next-generation online audio communication market.

For now, the crypto token (GistCoin) will be used in the GistHouse Platform where it will be used to reward both the content creators and those who consume the content or act as fans to the influencers.

On the part of the influencers or content creators, they can earn income via the GistCoin in many ways, including:

  • Creating a loyal fanbase that is ever-ready to reward the content creators for the value they create and the content they share to inspire their members of their community.

  • It is also an avenue for the content creators or influencers to place a monetary value on the audio content they share.

On the other hand, the content consumers or fans tend to benefit from the use of the GistCoin in the following ways:

  • Paying with GistCoin for access to premium audio content.

  • Rewarding the content creators and influencers they follow.

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FINAL WORDS
Monetization of the content of all kinds is becoming a trend on social media sites. The introduction of the GistCoin will change the game plan and tilt the attention to the drop-in audio niche where it will be used the most.

USEFUL LINKS
Website: http://www.gistcoin.io/
Telegram: https://t.me/gistcoin
Twitter: https://twitter.com/gistcoin360
Reddit: https://www.reddit.com/user/gistcoin
LinkedIn: https://www.linkedin.com/company/gistcoin
Facebook: https://www.facebook.com/groups/gistcoin/
YouTube: https://www.youtube.com/channel/UCeimgEwf9bk5C5C7gtPjpFg
Instagram: https://www.instagram.com/gistcoinoin

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