Recently, Steemit CEO @ned announced the new concept of smart media tokens for the Steem Blockchain.
Smart Media Tokens (SMT) give ”anyone the power to launch and sell Proof-of-Brain tokens, which are tokens distributed by “upvote” and “like”-based algorithms”.
For more detailed information, visit the SMT whitepaper.
Introducing the first Smart Media Token on the Steem Blockchain: APPICS !
APPICS is a mobile social media application that runs on top of the STEEM Blockchain and was created with full support of Steemit Inc.
APPICS aims at introducing the mainstream world to the benefits of Blockchain technology.
Steemit has already successfully introduced the concept of turning “likes” into currency, and we all know how amazing the Steemit platform is.
The APPICS team has been working on this app idea for over a year now, and when Steemit introduced the opportunity to launch smart media tokens on their Blockchain, it was the perfect opportunity for APPICS to be born.
Since the founders have already been early adopters on Steemit, cooperating with Steemit Inc and making APPICS a smart media token on the Steem Blockchain seemed just right.
Despite being a smart media token, APPICS will have its own, independent cryptocurrency: the APPICS coin (XAP).
The platform APPICS will serve as a mobile social media application that returns a fair share of the created value, back to the source – namely the social media users, back to the creators and curators of the network.
APPICS will be a mobile application that makes it easy for users to share pictures and videos, while earning rewards and benefitting from Blockchain technology.
Just like on Steemit, people can post, comment on and upvote (like) content and get rewarded for it through APPICS tokens (XAP).
Users will have their own built-in wallet to store their XAP, which they can use to make payments, send to other users in instant transactions, or exchange for any other currency.
There will also be features that set APPICS apart from Steemit, for example the ability to post live-streams or create your own shop within the application.
The content on APPICS will be divided in different categories that provide structure and visibility for the user experience.
The different categories can be adjusted depending on the interests of the market, only the last one will be static. Under the hashtag “charity”, foundations and individuals can ask for support from the community. The community can help via direct transfer, the “donation button” beneath a post or simply by liking the content. In cooperation with APPICS, foundations will have the unique opportunity to provide insight and built trust within their community, and in return, receive a reliable reputation score and funding.
Besides the 15 categories there will be 4 extra categories that each serve the purpose to highlight different posts and give users a chance to become visible. The category "popular" features trending content, the category „challenges" consists of viral trends picked up by the community, "live" shows users that are currently live streaming and with the category "welcome" new users get an opportunity to highlight their first post, introduce themselves and gain followers from the start. All extra categories will be managed by the APPICS team.
The Influencer Network
APPICS introduces an economy that is based on a network of influential people.
Each category within the app has a representative team of category judges, whose votes will have a large weight on the rewards due to frozen funds being put into their account wallets.
These category judges will be Social Media Influencers, experienced users who already established a large audience and reputation on other social platforms.
These Influencers will be able to judge content and give advice within their specialized category and act as a moderator, filtering valuable content, as well as bringing their existing audience to APPICS, allowing them to benefit as well.
We are currently living in the "Age of the Influencer".
Social Media Influencers & Personalities have become a global phenomenon in the past years.
The APPICS Team has realized that Influencer Marketing is the most effective way to advertise nowadays - Social Media Influencers are trusted by their followers and interact directly with their audience.
By cooperating with Influencers from all over the world, APPICS doesn't only gain well-known category judges, but also introduces its concept to their millions of followers globally.
The native currency of the APPICS network is the APPICS coin XAP.
It serves as credits that are created via content contribution and curation on the application, which users can easily exchange for any other currency.
Similar to STEEM Power, APPICS power represents APPICS tokens which have been integrated into a smart contract.
The amount of APPICS power represents the level of influence that an account has compared to the rest of the network.
Each APPICS user has an integrated wallet and can send APPICS coins to other users and via the feature “direct transfer” transactions are credited within a few minutes.
APPICS coins can also be spent at shops within the app, giving merchants the opportunity to combine business and social media in one convenient application. APPICS supports entrepreneurship and encourages users to start their own business venture. Anyone can build their brand on APPICS and once the verified status is reached, they can begin selling goods, tickets or services that are directly linked to their profile and posts.
APPICS was created by Steemians of the first generation.
Founder and CEO @sirwinchester first discovered Steemit in summer 2016, and has been an active blogger on this platform since then. The APPCIS-team quickly realized the enormous potential of a blockchain-based Social Media platform - so we put a twist on it and are now proud to present APPICS as first smart media token on the STEEM Blockchain in full cooperation with Steemit Inc.
The APPICS core members and advisors include some of your favorite Steemians who already understand and live the concept of a blockchain-based Social Network.
Founder & CEO - @sirwinchester
Founder & COO - @mrs.steemit
Founder & Art Director - @sandroieva
Founder & CVO - Christin Topp ( @topp.c-cret )
Administrative Manager - @agent
CTO - Christian Heusinger
The APPICS-team is unlike most cryptocurrency projects, well-established in both worlds, mainstream, as well as crypto. The founders of APPICS happen to be the founders of a global digital marketing agency, and have been trading, programming and mining cryptocurrencies since 2011. Finally, they bring their expertise, strategies, tools and global partners to the crypto-space.
APPICS Core Values
- We believe time is our most valuable asset, and that an economy must be formed that rewards time and contribution accordingly.
- We believe in freedom of speech and expression.
- We believe in our mission to give people back their return-on-investment for the time they spend on Social Media.
- We believe that user experience comes first, always.
- We believe in simplicity.
- We believe in a decentralized economy, where the power belongs to the people.
- We believe in fair distribution of power and rewards.
- We believe in our ability to introduce the world to Blockchain technology, through our social network.
- We believe in the technology behind our network and are aware of its unique benefits.
- We believe in deep collaboration, the power of social media and its influencers.
- We understand the rapid growth, market and technology revolution, and work to constantly improve, prepare for, and be ahead of future changes.
- We believe in the power of social media users - we believe in you.
Want to become a part of APPICS?
The APPICS ICO will begin in a few weeks - so stay tuned!
For more info, visit: the Steemfest website.
Feel free to give us feedback: firstname.lastname@example.org or down below in the comments!