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Synereo Launches WildSpark to Reward Content Creation with Cryptocurrency

August 10th, 2017 at 10:10 am UTC · 2 min read

Synereo, the creator of decentralized attention economy solutions, today announced the launch of WildSpark, a blockchain-based content curation and discovery platform. Opening in beta August 9, the WildSpark platform will allow anyone to reward content creators with cryptocurrency, fostering and incentivizing online communities around quality content. WildSpark currently runs as a Google Chrome browser extension; the introduction of a platform will further expand social reach for both content creators and curators and establish new discovery mechanisms for curated content. Incentives on WildSpark are facilitated by AMP, the cryptocurrency token issued by Synereo in 2015. Each time a video is referred to and viewed, users have the option to contribute by sending cryptocurrency directly to the video’s creator.

“In today’s information economy, value is created by those who construct desirable, relevant information that is meticulously organized and delivered to the right audience,” said Dor Konforty, founder and CEO of Synereo. “Synereo’s mission is to deliver and drive the adoption of products that enable a frictionless flow of value towards those who create it.”

The new WildSpark website features a content dashboard compiled entirely of videos curated and amplified by WildSpark users, introducing a new method of discovering viral content. WildSpark is the first product to implement the attention economy model put forward by Synereo, putting an emphasis on the recalibration and democratization of content on the Internet. The platform currently supports YouTube and plans to implement Medium in the near future.

“Cryptocurrency solutions should always look to solve non-cryptocurrency problems, and this is a major step for Synereo and decentralized ecosystems as a whole,” said Anderson McCutcheon, co-founder and CMO of Synereo. “We believe human attention is a scarce commodity, and WildSpark has the ability to help pioneer the attention economy benefiting millions of people.”

About Synereo

A Gartner “Cool Blockchain Vendor”, NFX Guild and 8200 EISP Alumni, the Tel-Aviv based Synereo Ltd. is a startup creating an Internet meta-layer for equitable, decentralized content creation and distribution. Synereo’s digital currency trades under the crypto-asset ticker ‘AMP’.

About WildSpark

Formerly Qrator, WildSpark provides content creators and curators with control over the value and monetization of their online content, bringing added functionality to the Synereo experience. The Open Beta begins August 9th.

Disclaimer: Synereo is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.