Gistcoin is a utility token for all social media influencers, broadcasters, musicians, artists, businesses, and content creators of all backgrounds. We think that a decentralized token system gives all creators, particularly those from marginalized groups, direct access to their followers and revenue options.
The GistHouse Initiative is a cryptocurrency-powered project that aims to add features that will make online audio chats more engaging than they now are.
* NEXT-GEN ONLINE AUDIO COMMUNICATIONS PLATFORM
The GistHouse Platform is eager to put in place all of the necessary technologies to develop the next-generation drop-in audio platform.
This was motivated by the desire for a better alternative to Clubhouse, Green Room, and Twitter Spaces.
The GistHouse Platform will thrive in addition to bitcoin payments. It will also use blockchain technology to assure transparency, inclusive involvement of ecosystem participants, and gamification of the entire ecosystem.
* PAY FOR CONTENT CONSUMPTION
Access to material published on Facebook, Twitter, Instagram, and even profession-specific networks like LinkedIn is often free. It was only lately that these platforms began to introduce revenue channels for their content producers or influencers.
However, nothing has been done to improve the audio aspect of social media discussions. Twitter Spaces, Green Room, and Clubhouse have yet to provide effective avenues for content producers or influencers to earn money or revenue for the influence they exert through the platforms. This is something worth investigating, and GistCoin is currently doing so.
The GistCoin serves as both the native currency of the GistHouse Platform and the monetization mechanism for the next-generation online audio communication market.
For the time being, the crypto token (GistCoin) will be utilized on the GistHouse Platform to reward both content creators and people who consume the material or serve as fans to influencers.
Influencers and content producers may make money with GistCoin in a variety of methods, including:
- Developing a devoted following that is always ready to reward content producers for the value they provide and the stuff they offer to encourage their community members.
- It also allows content creators and influencers to put a monetary value on the audio material they share.
Content consumers or fans, on the other hand, gain from the use of the GistCoin in the following ways:
- GistCoin is being used to pay for access to premium audio content.
- They are recognizing and rewarding the content producers and influencers they follow.
Monetization of various types of material is growing popular on social media platforms. The introduction of the GistCoin will alter the game plan and shift the focus to the drop-in audio niche, where it will be most useful.
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BountyOx Username- cryptoarindu
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