If you are a fan of taking selfies or documenting your day through photos, this new startup could be perfect for you. Selfllery aims to create a new take on all of the popular picture sharing platforms on social media; from the likes of Instagram and Snapchat, but with a cryptocurrency twist.
Approximately 1.2 trillion photos were taken last year, so the founders could really be onto something here. So Selfllery has a mechanism in place whereby users can make money from their photos.
For many, it can create a thrill or a buzz when they see that someone has reacted to one of their photos, regardless of what social platform it is on. Selfllery is counting on that buzz, and are giving people the opportunity to get paid at the same time. This could potentially mean that if you have a lot of followers, and get a lot of interaction with them that you could potentially earn a lot of money. Don’t worry if you haven’t though, because you can choose to sell your photos to the in-built stock photo market and make your cash that way.
The platform will work like this – your popularity would determine how many coins you will earn per transaction. Every like, comment and participation in photo contests will boost their ‘token multipliers’ rate, which will in turn mean that they receive more tokens. The tokens are Selfllery’s own cryptocurrency YOU, which has been built on the Ethereum Blockchain and can be exchanged for goods and services from their internal marketplace. Or, if you are feeling charitable, you can donate a percentage of our income to charity.
The platform is based on blockchain technology and smart contracts which ensure safety and security, as well as speed. Selfllery ICO will begin on March 5th, but it has already raised over $1 million in its presale, proving its popularity.
Image Source: Pixabay