Media and content industry is as old as man. Communication and transfer of information have been made possible through the media and content industry. People are able to write about what they feel like on the inside, share it with the world at large. Content writing in those days paid little or nothing to the artist and to the readers, they only garnered knowledge from reading vastly. Then came the internet and people could get a little payout for their contents, readers could use the search engine to find what content they want to read.
I will be analyzing these three platforms one after the other:
Steemit.com:
This is a content platform built on the blockchain technology to house both bloggers and readers. Content creators use this to reach out to their readers and the readers as well use it to keep in touch with their favorite content creators. Steemit was also built with the aim of making both parties earn money while they either write or read contents.
Major limitations:
Minds.com:
This is another content platform that enables content creators to earn money while they produce contents. But the major limitation of this platform as I have come to notice is that for you to earn 1 minds token, your content must have been viewed by a thousand persons and endorsed as well. This makes new content creators and even the old ones who have no audience to live at the expense of others and keep enriching them while they themselves go home with nothing.
Newbium.com:
This platform is running an airdrop and is through the airdrop that content creators can be incentivized and readers are not taken into consideration as well.
These three platforms, all have the same thing in common: The readers go home with nothing aside from the knowledge which they acquire. If you’re not a content creator in these platforms, you go home empty-handed.
Media protocols approach:
A reader on media protocol gets paid with media tokens just for reading contents which they like. This is possible because Media Protocol is creating a direct two-way flow of payment where both the content publisher and content reader reward each other. The author of a content rewards readers for reading their content and the user in return is able to incentivize the author.
In media protocol, there won’t be anything like using bid bots to get rewards for your work, or waiting for a thousand view before one gets any pay for their work. Incentives happen directly between authors and readers on the media protocol platform.
Media protocol sets the pace and enhances what is currently obtainable in the content creation industry today.
Official Links
Website: https://www.mediaprotocol.org/
Whitepaper: https://www.mediaprotocol.org/papers/whitepaper.pdf
ANN Thread: https://bitcointalk.org/index.php?topic=3396313
Telegram: https://t.me/Media_Protocol_Community
BTT Username: Mianae
My ETH Address: 0xc2dc9e8bd727542405cf5de5606b2ea985955948CONNECT WITH ME: https://bitcointalk.org/index.php?action=profile;u=2156513
My question is, what happens when an author, refuses to incentivize a reader or is the incentivization done automatically? Because if it is not then readers might as well go with nothing as is seen in this present content creation platform. And also for the readers, does their payment happen automatically when they read contents.
Every url, is automatically a smart url through which transactions and payments are made. The incentivization happens both ways and a reader also gets the privilege of tipping any author they like.
oww
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yea my friend is a good project that can take your breath away. :)
With media protocol, a writer and a reader gets rewarded for each activity they perform. This is a better approach than what is currently seen today in the content creation platforms. I will try their app out and see for myself.
It sure is, try it out and see how it works. Please give me a feedback of your experience when you do.