This may not exactly be shocking news, but everywhere on the Internet, content creators are being scammed off the revenue they are helping large portals generate. Take the example of YouTube for example, Bloomberg ran a story titled “‘Success’ on YouTube Still Means a Life of Poverty.” There Chris Stokel-Walker explains citing research from Germany:
“96.5 percent of all of those trying to become YouTubers won’t make enough money off of advertising to crack the U.S. poverty line, according to research by Mathias Bärtl, a professor at Offenburg University of Applied Sciences in Offenburg.”
Then again, most content creators are at mercy of platforms that can change the rules of the game arbitrarily and cause extreme grief to those who work hard to make these platforms a success in the first place. Now a blockchain based contents reward platform is planning to change all of that. UUNIO is providing content creators the power to monetize their contents for a lifetime.
Rewarding Hard Work Fairly
UUNIO is about creating a rewards ecosystem that encompasses and goes beyond just social networking. The system is blockchain-based and allows those that create content to be compensated for their work fairly, but, most importantly, in a transparent manner. The rewards platform is called UNIFUL, which is a Decentralised Application (Dapp). UNIFUL has its own blockchain ecosystem that allows for creation of Dapps for all types of content – the reward systems are planned to work for photos, reviews, news, webcomics and more.
Uniful as a Monetizing Platform
The UNIFUL platform, with its own coin called UNIF Coins, holds the potential for infinite expansion. There are already many Dapps existent on the platform like the UNNIO application, which can handle photos, Review Republic, which rewards reviews and there is also an anonymous social media application called MOCI downloaded more than 6 mln times already. Cashtree, a popular app from Indonesia has also joined the platform with 14 mln existent users.
With millions of users in the system already, UNIF would be able to leverage the power of the UNIF coins as the common cryptocurrency across all these Dapps. Furthermore, these UNIF coins can be exchanged for UNNIO coins through CLET, which is a wallet cum messenger for the UNNIO token. Users would then be able to exchange UNNIO tokens for fiat or other cryptocurrencies through exchanges, as per project’s whitepaper. This ultimately allows Uniful to become the platform that rewards for a myriad of content creation and social media use.
Crowdfunding Rewards for a Fair Internet
UUNIO will be the gateway for both: the users of the UNIF ecosystem, who eager to monetize their work, and the project, which aims to gather momentum and translate itself into reality.
At the moment, UUNIO is holding initial coin offering (ICO), which is live till June 30, 2018, and aimed to generate $20 mln. During this period contributors can buy UNIF coins at a fixed price of 0.08 USD and receive a generous bonus of 10%. A total of 0.9 bln UNNIO tokens would be sold.
The ICO investors can participate through NEXT, BITSONIC or through UNNIO website. It is expected that UNNIO would be able to launch their alpha service by the fourth quarter of 2018 opening the gateway for a fairer Internet for everyone.