Cryptocurrency seems to be finding its way to all the different parts of the economy now, helping consumers make money in a way that is not necessarily related to stocks and other investments. Instead, there are many companies trying to capitalize on non-financial endeavors to tokenize them.
For instance, take Instagram. Instagram is blowing up with the younger generation, but there are celebrities, business owners of every kind, and even parents that are on the website, adding to the 800 million users (as of 2017). They presently hold the third place in the entire world for social networks and has even brought in over $4 billion in profits in the last year alone. The company wants to increase that amount by over twice the current profit by the end of next year, which is demonstration of how popular and lucrative it is.
The problem is that there is not a “classical system of financing” in this kind of field. However, BANKEX decided to start a venture that could possibly tokenize various Instagram accounts, improving what small bloggers make for their superior content.
What Is BankEx MediaToken?
MediaToken offers an outlet for Instagram users to improve the promotions of their account, and to gain more income through advertising sales. Investors can get in at the earliest stages of development, where they will be able to get advertising space of their own and earn more income. The creators want to integrate blockchain technology for investors, but the opportunity will also prioritize the benefits of bloggers.
The plan of the company is to make a transparent market with capital for advertising within this massive social media conglomerate. With clear pricing, the company is still working to make this concept a profitable reality, and they urge bloggers to get involved. The RND is complete, and the creative team and preparing a demo to involve more consumers.
Requirements For Crypto Token Pays Instagram Influencers
Interested bloggers can check the BANKEX website to determine the cost of promoting their Instagram, though there are several requirements that they must meet. A full list of the requirements is not listed online, but the one requirement that is posted is that the Instagram page must have over 5,000 followers. It does not matter if these followers are friends, family members, or even business connections; it only matters that the blogger has a high enough number.
If the user qualifies, they can leave their email address on the website to find out when the project is available to consumers. Then, the company evaluates the account, and notifies the user. From there, all the investments, payments, and other transactions are performed through BANKEX.
Contacting The Creators Of BankEx MediaToken
Even with the up-to-date news releases about this tokenization upgrade, consumers may want to learn more about what commitment they need to make to determine if it is worth the investment. To get ahold of someone, they need to reach out to BANKEX, which can be reached by emailing [email protected]
BankEx MediaToken Summary
MediaToken is still in the developing stages, but they have already begun to allow members to join and get ready for the venture. Every potential blogger must agree to have the company evaluate their account to determine what they are eligible to advertise and profit. The website does not have other details for potential investors, but this whole project is still in the early stages, which is the best time to get involved.