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  4. Vybe Launches their Social Media Mining App
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Vybe Launches their Social Media Mining App

Vybe LLC launched their social media mining app earlier this month. The app tokenizes likes, or, more accurately, content quality. It converts the likes and other forms of...
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Vybe Launches their Social Media Mining App © Reuters Vybe Launches their Social Media Mining App

Vybe LLC launched their social media mining app earlier this month. The app tokenizes likes, or, more accurately, content quality. It converts the likes and other forms of engagement that users earn on their social media sites into a token, called VYBE, then automatically deposits these into users’ cryptocurrency wallets once a day. As Vybe explains on their website, the app links a user’s social media sites to an Algorand wallet and converts engagement into VYBE.

“You can mine your social media and get paid to post,” Vybe Business Development Manager Blaake Marum said, “If you’re posting anyway, why not get paid for it? Right now, instead, you’re getting paid in heart emojis.”

The app has gained a steady following of energized users.

“People are curious about how it works,” Vybe Lead Developer Ravi Dhar said, “One of our goals is to connect people who’ve never had a cryptocurrency wallet before, so we’ve tried to make it as easy as possible for everyone, and especially non-cryptocurrency users, to mine crypto.”

Currently, users can mine their likes on Twitter (NYSE:TWTR), Reddit, YouTube and now TikTok. TikTok approved the Vybe app last Tuesday. Vybe developers integrated their API later that day.

“Right now we’re smoothing out basic features,” Vybe Developer Akhilesh Prabhakar said, “Like the leaderboard and statistics, but we’re excited to complete this, because we have other features we plan to build that leverage micro-transaction power. These will create use-cases, which most blockchain projects don’t have.”

One of Vybe’s goals is to be one of the most used apps on the Algorand blockchain, Vybe Project Manager Armaan Kapoor said. Some observers have debated whether or not VYBE will really help content creators capture and control their content better, and they have wondered how the app can make money long-term by giving VYBE away for free that can be immediately sold on a decentralized exchange. Others, however, have been impressed by this innovative concept. Twitter user SaxoSays, for example, said, “…I’m just really intrigued because if this is sustainable… It’s pretty game changing.”

You can try the Vybe app on Vybe’s website: www.vybecrypto.com. You can read Vybe’s whitepaper here, and learn more about the team here.

Continue reading on DailyCoin

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31-03-2024 10:19:50 (UTC+7)

EUR/USD

1.0793

+0.0006 (+0.06%)

Summary

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Moving Avg:

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EUR/USD

1.0793

+0.0006 (+0.06%)

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GBP/USD

1.2624

+0.0002 (+0.02%)

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USD/JPY

151.38

0.01 (0.00%)

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↑ Buy

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AUD/USD

0.6522

+0.0007 (+0.11%)

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USD/CAD

1.3543

+0.0006 (+0.04%)

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EUR/JPY

163.37

+0.12 (+0.07%)

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EUR/CHF

0.9738

+0.0010 (+0.10%)

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Gold Futures

2,254.80

42.10 (1.90%)

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Silver Futures

25.100

+0.002 (+0.01%)

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Copper Futures

4.0115

-0.0003 (-0.01%)

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Crude Oil WTI Futures

83.11

+1.76 (+2.16%)

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Brent Oil Futures

86.99

+0.04 (+0.05%)

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Neutral

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Natural Gas Futures

1.752

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US Coffee C Futures

188.53

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Euro Stoxx 50

5,082.85

+1.11 (+0.02%)

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S&P 500

5,254.35

+5.86 (+0.11%)

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DAX

18,504.51

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FTSE 100

7,952.62

+20.64 (+0.26%)

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16,541.42

0.00 (0.00%)

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Neutral

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US Small Cap 2000

2,120.15

+5.80 (+0.27%)

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Neutral

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IBEX 35

11,074.60

-36.70 (-0.33%)

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BASF SE NA O.N.

52.930

-0.320 (-0.60%)

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Bayer AG NA

28.43

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277.80

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Adidas AG

207.00

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Deutsche Lufthansa AG

7.281

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Siemens AG Class N

176.96

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Deutsche Bank AG

14.582

-0.030 (-0.21%)

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
 EUR/CHF0.9738↑ Buy
 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
 Brent Oil86.99Neutral
 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
 FTSE 1007,952.62↑ Sell
 Hang Seng16,541.42Neutral
 Small Cap 20002,120.15Neutral
 IBEX 3511,074.60↑ Sell
 BASF52.930↑ Buy
 Bayer28.43Buy
 Allianz277.80↑ Buy
 Adidas207.00↑ Buy
 Lufthansa7.281↑ Sell
 Siemens AG176.96↑ Buy
 Deutsche Bank AG14.582↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,910/ 8,080
(7,910/ 8,080) # 1,364
SJC HCM7,830/ 8,080
(0/ 0) # 1,364
SJC Hanoi7,830/ 8,082
(0/ 0) # 1,366
SJC Danang7,830/ 8,082
(0/ 0) # 1,366
SJC Nhatrang7,830/ 8,082
(0/ 0) # 1,366
SJC Cantho7,830/ 8,082
(0/ 0) # 1,366
Cập nhật 31-03-2024 10:19:52
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$2,232.75-1.61-0.07%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-V24.69025.180
RON 95-III24.28024.760
E5 RON 92-II23.21023.670
DO 0.05S21.01021.430
DO 0,001S-V21.64022.070
Dầu hỏa 2-K21.26021.680
ↂ Giá dầu thô thế giới
WTI$82.82+5.390.07%
Brent$86.82+5.180.06%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD24.600,0024.970,00
EUR26.020,0327.447,78
GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
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