An On-line Blockchain CEO and the financial author claimed of an introduction of a new ‘Social Media cryptocurrency’ to the world. According to them, the social media crypto could allow the users to even get paid for earning facebook likes while encountering the facebook accounts without any extra efforts.
A famous British Entrepreneur, Clem Chambers launched the revolutionary Social media cryptocurrency this week. According to him the crypto would allow social media users to earn money for their viral posts and would fight against the fake accounts. He said ‘Blockchain deals with the real world scenarios and is a very real thing. It gives the people a platform for validating their actual social media identity.’ He further said, when you look around there exits so much of fake stuff on the internet, be it the followers, views, social media IDs and accounts etc. The blockchain is one way which helps to track the social media crypto transactions and make a record of fake identities all over the world. The CEO of On-line PLC also had few words to say and he stated that ‘It’s like a ‘like’ but not a ‘fake like’ because it’s on the blockchain.
Other than this, the users would also be rewarded for the type of content they like and follow through the new cryptocurrency. Mr Chamber said, ‘I can buy fake likes on facebook all day long, I can buy fake views on Youtube and I can buy fake followers on Instagram and Twitter, but on blockchain it’s different!’ He also disclosed that the revolutionary idea is not yet pushed to the corporate investors. However, it has won a support and investment from the existing client base.
He concluded with the lines that ‘he find this idea a very promising offering to the public.’ Other than this fact, he is very keen to see the reactions of the corporates which he expect would something be like, ‘oh no, it’s too scary, I might get fired.’ Above all the matter of the fact is whether he is right on his part or the corporates would find some other way to deal with this scenario.