Using Cryptocurrency to Build a Video Ecosystem
Free Clips • 2m 18s
Video streaming start-up "YouNow" is adding cryptocurrency to its platform. The new app, called "Rize," lets content creators and consumers exchange digital currency within the mobile platform. Adi Sideman, CEO of YouNow, says the point of this feature is to create a decentralized model for the virtual economy. Currently 60,000 transactions are made per day in YouNow's digital goods economy.
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