[2014-7-3]TechinAsia . selfies promote bitcoin with prizes

luttelcoin

newbie

Activity: 42

Merit: 0

seriously, it's gonna make A LOT more than just a typical you posing in front of a camera.
Why aren't these people getting creative? Like the guy sitting naked on top of a gumball machine. That really was something, a lot going on. Although feel a little bad for the dog... :'D

but a very cool idea!

freedomno1

legendary

Activity: 1834

Merit: 1094

Learning the troll avoidance button :)

Quote from: theblacksquid on July 03, 2014, 04:51:36 PM

This is awesome! Finally a way to make those obnoxious declarations of narcissism called selfies useful!

Ah that was awesome anyways I like the idea of getting people to use Bitcoin through selfies
Also a neat collection of photos on there now cool stuff.

fryarminer

hero member

Activity: 686

Merit: 500

Thanks for what you say. It makes an awful lot of sense and puts it in perspective. I hope they do well!!

qwerty555

sr. member

Activity: 405

Merit: 250

Quote from: fryarminer on July 04, 2014, 07:31:38 AM

Yeah. I still ain't doin' no stupid selfies.

I am also not a fan of selfies for myself, however some societies where 70% + + + of the population have little or no disposable income and cannot afford other types of entertainment ( Philippine average wage = $10 a day) this is cheap and affordable pastime for them.

I have read that this is the selfie/social network capital of the world. (probably per capita)

Regarding the ability to promote bitcoin though this method the prize money and potential to get "tips) is a big incentive for minimum wage or unemployed persons to earn and learn through bitcoin. It would probably be more effective if the prizes are slightly higher and tiered eg top 3 daily winners get prizes ( = 90 people per month will get to know how to turn bitcoin to fiat) and maybe quarterley/ yearly big prize winners. This in turn will boost the potential use of bitcoin for remittances of which probably 60% + + of the population benefit from and is a huge $24B market. The creators of this site are also a bitcoin exchange and probably are aiming to get a slice of the remittance market via bitcoin.

https://rebit.ph/

As of this writing, the 700 users on the site have uploaded more than 5,000 selfies. These photos have earned 17.7 million satoshis (there are 100,000,000 satoshis in one bitcoin) in daily prizes and almost double that in tips at 32.3 million satoshis. These numbers suggest that while Bitcoin adoption cannot be completely sustained through tipping alone, users are beginning to embrace the cryptocurrency for what it ultimately is: a way to give and receive value – in other words, money.

Read more: How a startup is driving Bitcoin adoption with selfies in the Philippines http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

Whatever our personal opinions are on selfies I suggest that in this market the idea is head and shoulders above anything else being used to promote bitcoin to the masses . Good luck to them!

fryarminer

hero member

Activity: 686

Merit: 500

Yeah. I still ain't doin' no stupid selfies.

theblacksquid

full member

Activity: 182

Merit: 100

Quote from: qwerty555 on July 03, 2014, 12:23:12 PM

http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

Innovative..and cute

Users upload selfies to the Bitstars site, which can then be “liked” by other members of the community. The selfie with the most “likes” at the end of the day receives a Bitcoin prize equivalent to PhP500 or more. Hence, the Bitstars tagline is “may the best selfie win!”

Read more: How a startup is driving Bitcoin adoption with selfies in the Philippines http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

I found the site ..here it is

http://bitstars.ph/photos/2014/07/03

rules

http://bitstars.ph/rules

It is a great promotional idea and would work in the west with a $100 or 50 pound in bitcoin prize....methinks

This is awesome! Finally a way to make those obnoxious declarations of narcissism called selfies useful!

seriouscoin

hero member

Activity: 658

Merit: 500

Quote from: qwerty555 on July 03, 2014, 12:23:12 PM

http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

Innovative..and cute

Users upload selfies to the Bitstars site, which can then be “liked” by other members of the community. The selfie with the most “likes” at the end of the day receives a Bitcoin prize equivalent to PhP500 or more. Hence, the Bitstars tagline is “may the best selfie win!”

Read more: How a startup is driving Bitcoin adoption with selfies in the Philippines http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

I found the site ..here it is

http://bitstars.ph/photos/2014/07/03

rules

http://bitstars.ph/rules

It is a great promotional idea and would work in the west with a $100 or 50 pound in bitcoin prize....methinks

I hope ppl would be more creative than making themselves looking pretty in selfies..

qwerty555

sr. member

Activity: 405

Merit: 250

http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

Innovative..and cute

Users upload selfies to the Bitstars site, which can then be “liked” by other members of the community. The selfie with the most “likes” at the end of the day receives a Bitcoin prize equivalent to PhP500 or more. Hence, the Bitstars tagline is “may the best selfie win!”

Read more: How a startup is driving Bitcoin adoption with selfies in the Philippines http://www.techinasia.com/startup-driving-bitcoin-adoption-selfies-philippines/

I found the site ..here it is

http://bitstars.ph/photos/2014/07/03

rules

http://bitstars.ph/rules

It is a great promotional idea and would work in the west with a $100 or 50 pound in bitcoin prize....methinks

Topic: [2014-7-3]TechinAsia . selfies promote bitcoin with prizes (Read 1024 times)