LSKcoin: How to monetize social media contents

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Good day everyone. I hope you are all doing well.

I want to stress something out. "Am not the owner of this article, i got a permission to share it here. I think you all especially those writing as a profession will be interested in this thats why i decided to bring it here. Its source is from Blockgeeks.com. This is a good platform to learn crypto currencies with video tutorials. I will urge you all interested in crypto currencies to check it out".

LKS Foundation announces LKSCOIN (LKS), a new cryptocurrency created specifically for those who create content and publish it online.

Thanks to LKSCOIN, in the future it will be possible to track content within social networks and in general those published by users on the web. It is thus a fast payment method for digital content published on social networks.

The market for digital content is growing continuously and at a very fast pace thanks to the growing demand on the part of an increasing number of social network users. However, paradoxically, it is not the content creators who benefit but above all the platforms on which the content is published.

Moreover, it is still very difficult to protect the copyright of digital content produced by users.

For these reasons, the LKS foundation wanted to provide content creators with a tool that can help them make sure that they are the beneficiaries of this growth and of what they produce, not the platforms on which they publish.

This solution involves the LKSCOIN cryptocurrency, specifically designed to be a currency for content, and non-fungible tokens (NFT) which will solve the copyright problem by clearly defining the authorship of the various works.

The LKS token aims to have a real social impact, seeing that there are several hundred million users who produce online content, and currently earn nothing from the content they produce, nor can they protect the authorship in any way.

In addition, it can be integrated within social network platforms to enable remuneration for its users.

The first to integrate it was the social network Cam.TV, with more than 300,000 users, where LKSCOIN has already been tested for over a year. To date, Cam.TV records on average more than 30,000 LKS transactions per day resulting from likes (which in Cam.TV are donations) and from users purchasing and selling digital services and products within the social network.

Cam.TV is a social network specifically created to generate an economic system suitable for the valorization of users’ talents, who can monetize their content thanks to LKSCOIN.

Among other things, by subscribing Cam.tv users will be able to get discounts for the IEO, which will start on March 31st, 2020 on the Eidoo exchange.

Thanks for reading. I hope you love this opportunity and use it well. Remember, always stay safe.

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Comments

It is good that there is a foundation that recognizes and remunerates what a writer does and incidentally has its token for it.

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3 years ago

Your article has educated me on some useful resources for cryptocurrency. The recommended websites will be checked out. Good job done!

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3 years ago

Thank you for your article. So LKS was an IEO? I can see how their service once built will have value. I think the most pressing issue in respect to social media is content censorship. This is a HUGE problem for the Crypto space. Far too many Content Creators are being censored on numerous platforms, i.e. YouTube

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3 years ago

I totally agree with you. I have seen many educative YouTube channels being censored for reasons am still not clear about. This is very wrong, it discourages content creators. I just wish something can be done about this. Thanks for the comment

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3 years ago

Now a days almost everyone is Writing in social media so it is a very important issue to track this.. Nice topic for article. Thanks for sharing with us.

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3 years ago

Is it LkS coin or LSK coin? Though it is a good beginning for a starter but try to get your articles well organised. Thanks.

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3 years ago

There are many decentralized social media based on blockchain now. Looks like LSK is also similar to those. So far steem and Hive have good fan following

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3 years ago

Your articles has taught me a lot.Please can I get more information about LKSCOIN

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3 years ago