You may be thinking of how you could make a good investment by creating content on the social media network. Maybe the best answer is GIST. Due to this pandemic situation, We all have to stay at home connecting with other people in a virtual manner. Social media network is the key to communicate information and feelings with your loving ones and other people as well. Many industries have fallen into deep crisis due to not being able to maintain their daily business activities. Hence, the requirement of virtual connectivity through some kind of medium is a great need at the moment.
The integrity of the social media network consists of the influencers, content creators, activists, artists and digital products and services. GIST provides the solution integrated with blockchain technologies to attract the community in social media to create a business platform. Having a target market of the content creators and its consumers makes an opportunity to make a large fan base for different intended creations.
What does GISTCOIN do?
Using the social media platforms, content creators are allowed to create content as they intended to attract the fans which are maintained by the decentralized token system. Monetreation methods are reached by the contentment creators with direct access to their fans with a peer to peer decentralized platform. All the digital goods are bought with GIST coins which are equivalent to the cash price for it. Ultimately, it can also be converted to fiat currency as well. In essence, this platform sure the confidentiality of the creators to avoid leaking any secured data of the content creators and the buyers as well. GISTCOIN acts as a third party intermediate exchange to make payments to the creators without any interference. Moreover, free-flowing content is mitigated by letting one digital currency work in the global context to deal with customers. Lower transaction fees are one of the ideal advantages of this platform. In contrast, the demand-supply economy scale is applicable to control the price fluctuations in the supply chain of this process.
Audio Drop Concept
GIST token has put forward the concept of enhanced audio drop-in chat portal to exchange the quality contents on the social media contents while functioning the creating, participating and consumption of the contents in the medium of the digital formats. In fact, this platform enables the customers and content creators to gamify and monetize their experience deviating from the traditional platform like Twitter. bringing a new audio conversation ecosystem provides the next generation social media platform using decentralised tokens. In other words, GIST developed the current social media platform to a comfortable place to create and purchase digital content. Hence, this will encourage the stakeholders related to cryptocurrencies to use digital contents through the intermediate cash equivalent GIST Coins.
How to make money from GIST?
GIST creates a path for its users to tip the digital contents and enables them exclusive rights to access the social media contents and events. It doesn't charge any high platform fees. High engaged communities are highly rewarded by GIST with weekly network community rewards. the loyal fan base is the key to earn more on this audio platform. The major benefit is that you can convert your GIST into other crypto assets such as ETH, USDC and etc into digital crypto wallets.
Specific Features of GIST
Content creators are rewarded with the GIST for the loyal engaged fan community and content creators adopted in the social media networks. it is privileged for creators and their communities access to the weekly reading system while the social community networks continue to grow. GIST rewards back to the social communities due to the contribution development of the social media networks during the implementation and execution of GIST platform.
Benefits to social networks
First, GIST gives its followers and fans to grab a direct piece of the social economy and expand it together with the content creators. Getting access to the exclusive premier creations are allowed when the fans are matured in the tipping, holding, making transactions of the GIST coins during the platform. User to User and follower to Follower transactions are encouraged by interacting and engaging rewards. Fans have the freedom to uplift their favourite content creators to encourage them for more creations on the platform as well.
GIST will make a real impact on the audio conversation industry engaging social medial networks. Audio drop-in platforms compensate the content creators and their users in a fair manner. It is a significant fact that bringing a universal platform is a key success of the project to the social media partners of GISTHouse. GIST has the potential to address the key issues of the social media platform by blockchain technologies.
Website: http://gistcoin.io/
Whitepaper: https://gistcoin.io/wp-content/uploads/2021/09/GISTCOIN-CROWDSALE-WHITEPAPER-SEPT-9TH.pdf
A sponsored article written for a bounty reward
