Kim Dotcom Announces Two New Apps With Tremendous Potential!

The father of Megaupload, prestigious entrepreneur Kim DotCom, a tech superstar and a pioneer, envisions the future trends and designs products billions of people use.

Kim Dotcom was a special guest in the latest Bitcoin Cash Upgrade YouTube live stream, where he announced his immediate plans.

As a firm supporter of Bitcoin Cash cryptocurrency, Kim often mentions it in his interviews and social media interactions.

Kim Dotcom plans to release not just one but two decentralized applications with immense utility and the potential to increase demand and transaction volumes of Bitcoin Cash.

The two new products announced by Kim Dotcom:

• CashRain &

• Fileshop

The developments will process web3 and smart-contracts technology utilizing cryptocurrency Bitcoin Cash as an integrated payment method.

New Developments

A force to be reckoned with, Kim Dotcom is always emphatic with his support of cryptocurrency since the early days and subsequently expressed his affinity towards Bitcoin Cash, a robust P2P payments network offering enormous utility with instant transactions and low fees.

While Bitcoin (BTC) and other networks such as Ethereum suffer from scalability issues, the Bitcoin Cash community has fixed these issues and scaled up the network.

Bitcoin Cash is a robust P2P electronic cash network, offering instant transactions and fees currently at a tenth of a penny. Non-custodial wallets like Bitcoin.com and Electron Cash present a user-friendly interface and report millions of downloads.

In an interview with two YouTube traders, Kim DotCom explains the reasons he determined Bitcoin Cash was the best selection from the rest cryptocurrencies:

Fees are stable at a low rate of one-tenth of a penny to transact. This number usually doesn't go higher than one cent of the dollar, as the BCH network can afford higher capacity. Bitcoin Cash doesn't suffer from high fees, an issue inherent in other blockchain networks.

Compared to the mainstream cryptocurrencies, Bitcoin Cash fees and lightning speed of transactions provide a strategic advantage that serves Kim's plans to deploy platforms targeting billions of internet users.

Kim Dotcom recognized Bitcoin Cash as the money option that requires no trade-offs and could support massive websites in their transactional processes.

A Quick Glance Into CashRain And Fileshop

Kim Dotcom and Roger Ver shared some insight into the upcoming release of these two apps:

CashRain

Giveaways and airdrops are a modern approach that increase product visibility used by marketing to create and increase the number of community followers.

Social media influencers, YouTubers, and Twitch streamers with CashRain will find a tool missing from the internet that enables the reward of their audience and followers.

Cashrain works by distributing Bitcoin Cash instantly to everyone that participates in an event, according to the event creator specifics.

Anyone will be able to use Cashrain to promote posts on Instagram, Twitter, Facebook, Tik-Tok videos, YouTube, and Twitch streams.

A content creator or social media account can award followers in one instant with Cashrain by airdropping any amount of Bitcoin Cash ($BCH) to their followers or anyone watching a stream at a particular moment.

Due to the abilities of Bitcoin Cash, the payments are instant and recorded on the blockchain, making the procedure transparent and non-reversible.

For example, a streamer can announce a giveaway of $10,000 to everyone that will be initiated after 10,000 new users subscribe to the channel. In an instant, with just one click by the streamer, ten thousand subscribers will get paid $1 each.

No such application exists so far, yet it will be handy for all social media influencers and streamers wanting to reward their audience for their support and loyalty, increase the number of followers, or promote a post on Instagram, Twitter, etc.

Fileshop

Fileshop is an innovative technology able to (positively) disrupt the marketing of multiple industries.

With Fileshop, a user of the Fileshop platform can upload a file (video, code, audio file) in an encrypted folder. The uploader can be a video or audio content creator like a famous musician, a software engineer, an author, or anyone that wants to put their work up for sale online.

The uploader will also allocate a percentage of profits from sales to each "shareholder" (everyone that co-developed or has rights to a share of the sales).

The part that changes everything:

The shareholders can allocate a "promoter's amount", a percentage (for example, 10% or 20%) of the sales for promoters, anyone that will try to sell the file.

Promoters can be absolutely anyone without having to interact with the developers/producers of the file. Promoters will actively try to sell the product, and upon each sale of the file, they will instantly receive the allocated percentage of the sale.

The link to the Fileshop will offer a preview so buyers will have a general impression of what it contains, and with each sale of the file, both the shareholders and the promoters will instantly receive payments in cryptocurrency Bitcoin Cash.

Just the inception of this application is what we expect from a tech tycoon of the magnitude of Kim.

Kim Dotcom has identified in Bitcoin Cash all the qualities required for such new products to succeed.

Bitcoin Cash is already utilized successfully by multiple online and social media tip services (Chaintip, tipb.ch), and also used in platforms that pay writers and members to produce content (read.cash, noise.cash, and memo.cash).

Bitcoin Cash is the scaling solution to Bitcoin. The part of the Bitcoin community that upgraded to the code by increasing the block size without sacrificing decentralization, following the whitepaper on the way to global adoption of Bitcoin as P2P Electronic Cash.

Conclusion

Bitcoin Cash fees enhance the image and the overall reliability of the BCH network and present the perfect online money system for businesses, e-shops, and websites for monetization purposes.

Furthermore, Kim Dotcom has frequently donated to independent developments on top of the Bitcoin Cash ecosystem with voluntary donations via the Flipstarter platform.

The two new Dapps have immense potential and produce solutions to the growing digital economy, facilitating the ease of payments by utilizing the most robust cryptocurrency payments option, Bitcoin Cash.

Fileshop and Cashrain will arrive soon from the entrepreneur mastermind behind Megaupload, a website that was (in its heyday) one of the top in terms of internet traffic serving hundreds of millions of users.

• Cover Photo: by " NASA" on Unsplash (modified)

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