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Instagram Bloggers to Receive Cryptocurrency for Advertising – MediaToken Platform Now Accepting Applications

Published 9 months ago by Bitcoinist.net

Instagram Bloggers to Receive Cryptocurrency for Advertising – MediaToken Platform Now Accepting Applications

Bitcoinist via bitcoinist.com

On the 6th of February, BANKEX’s MediaToken project launched the service that is going to enable tokenization of Instagram accounts as well as the capacity to profit from future advertising on the account. Turismospain was the first Instagram account to use this innovative tool – its tokens have already been issued and they are being traded on the exchange..

Before MediaToken, there was no efficient infrastructure on which a fair and transparent market can be built for bloggers and advertisers in social media. According to people who work on this project, MediaToken will provide an objective valuation of any Instagram account and calculate the amount of funding it may be able to attract..

But bloggers, who have fewer less than 100 000 subs, can be more appealing to some advertisers than accounts with over 1 million followers The working mechanism of MediaToken is really simple: an Instagram account is being put on the blockchain. MediaToken is now accepting applications for their service and is open for cooperation both bloggers and investors..

Instagram was chosen by MediaToken as the first social media platform for account tokenization for a reason – nowadays it is one of the fastest growing social networks in the world. Afterwards, a blogger uses it for the promotion of his/her account, while the system ensures investor’s profit after the promotion..

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