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YouTube Gets Blockchain Based Rival

The app is aimed to resolve the difficulty of incomplete media safety as a lot of media lack journalists to ship to the scene. Snapparazzi is ready to bridge the outlet by encouraging prospects to grab the footage of newsworthy events. In step with the company, with the model new platform content material materials creators can earn much more as compared with YouTube. The general public sale system permits prospects to advertise their breaking data footage with solely 20% of Snapparazzi cost, guaranteeing they could get an excellent deal.

Ethereum-based tokens SnapCoins are used for funds on the platform. All public sale’s bids are saved on the blockchain-based Good Contracts. As quickly as the seller and purchaser agree on the worth of the content material materials, they use this Good Contract. The associated fee for the content material materials to be transferred instantly and routinely with copyright security. All Snapparazzi’s transactions are saved as an immutable ledger, which protects them in opposition to cybersecurity threats.

Snapparazzi pre-ICO was launched on Sept. 14th. The company believes that their social media group will contribute to the success of the preliminary product sales — with 2260 ‘Karma Points’ on Reddit, 85Ok followers of Snapparazzi on Telegram, 16Ok on Instagram, and so forth.