Mavin: Reward-Based Influencer Marketing on the Blockchain
Published 2 years ago by Pressat
“Mavin differs from other influencer marketing platforms in that its user base is bottom up, starting from the very small nano influencers.". The Swiss startup will utilize blockchain technology to tokenize and revolutionize the way brands and agencies connect, incentivize and reward social media nano influencers for spreading content across their busy networks.
Through the aggregation and marketing power of micro and nano influencers into single campaign entities, Mavin outperforms the traditional target advertising market through significantly higher ROI and engagement rates. The utilization of blockchain technology allows the micro-payments to be 10-times cheaper than traditional micro-payments, allowing instant payments to influencers, and giving Mavin the upper-hand against competitors.
The Mavin platform builds a bridge between marketers, agencies, brands and influencers. The decline of traditional television and the growth of social media have given rise to influencer marketing, now one of the fastest growing categories in advertising - which is projected to be a $5 billion to $10 billion market by 2020.
Daniel Jazbec, one of the 4 co-founders and CEO of Mavin is sure that the platform will disrupt the Influencer marketing market: “Mavin differs from other influencer marketing platforms in that its user base is bottom up, starting from the very small nano influencers. A typical platform struggles with the sheer number of influencers they need to handle and reward – that is one of the reasons nano and micro influencers have fewer opportunities compared with their bigger competitors.Coin spectator is an automated news aggregation service. All copyrights belong to their respective owners. Images and text owned by copyright holders are used in reference to and promotion of those respective parties. Read in Full
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