Social Network in Latin America Offers Bitcoin Payments for Content
Facebook rival in Latin America, Taringa!, announced that it would be offering bitcoin payments in exchange for content to be posted on the social media platform. The social network has roughly 75 million active users and is expanding its market reach in the region. This project combines an ad revenue-sharing model similar to that of YouTube and its owners decided to give incentives to those who share content. The system was developed in partnership with Xapo, a Palo Alto, California-based bitcoin wallet and custodial service provider. Bitcoin Payments for Posts. According to Taringa!....
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The rapidly growing Latin American social network Taringa! will start paying its content-providing members in bitcoin, offering a service that could boost Bitcoin adoption in the region, The Wall Street Journal reports. With its 75 million users mostly located in Spanish-speaking Latin America, Taringa! (the exclamation mark is part of the name) is the second-most-popular social network after Facebook and one of the main destinations in the Latin American Web. The social network, whose slogan is "Collective Intelligence," is a hybrid of Facebook and Reddit, offering a crowdsourced social....
Just over six months after the launch of its Creadores program, Latin America’s biggest social network Taringa! has distributed 195 BTC — or $76,000 USD — to its top content creating users in what may be one of the best use-cases for the cryptocurrency to date. The top contributor has received over $2,000 USD in bitcoin just six month after the launch of....
Latin American Social Networking Giant Taringa! has started Taringa! Creadores a revenue sharing program to start paying its users bitcoin for their content contributions. Taringa! is a social networking platform that enables people around the world to create and share information, content and experiences. Taringa! is free, democratic and open, giving users the ability to express themselves without intermediaries or censorship. With its 75 million unique visitors and a registered user base of 27 million people, T! is only second to Facebook in Latin American traffic. This is big news.....
Taringa!, Argentina’s largest social network, has seen an average increase of 40% in content creation since the integration of bitcoin last month. On April 21, Taringa! launched an initiative called Taringa! Creadores, which enables users worldwide to receive the payments for ad revenues and incentives in bitcoin. Within days of its launch, Taringa! received thousands of requests from existing users. As PR manager Agustina Fourquet told CoinTelegraph on April 23: Similar to YouTube, incentives are based on the “social value” of user-generated content. Users also have the ability to tip....
We frequently speculate about the “killer app” that will drive wider adoption of Bitcoin, but rarely do we look beyond Europe and North America. Meanwhile, in developing countries, digital money is already taking root. From Bitcoin on Latin American social media to mobile money wallets in South Africa, digital currency is spreading to communities all over the world. Let’s explore a few intriguing projects: Taringa! is a popular social media site in Latin America. They’re similar to Reddit: Users share and discuss links to their favorite websites. Targina! recently gave $76,000 in bitcoin....