Hey folks, it's Crypto Bobby (from YouTube/podcast/Twitter). I've had the chance to work with the team at BOOSTO for the past few months and really dig what they're building. It's a fun project for content creators like myself, and I think will really help better engage an audience in the future.
If you have any questions about this, let me know and I'm happy to help out!
- Bobby
Thanks Bobby!
For anybody unfamiliar, CryptoBobby is one of the top YouTubers within the Blockchain space.
https://www.youtube.com/channel/UCt_oM56Ui0BCCgi0Yc-Wh3QA brief history on our company for those who are interested!BOOSTO started out as a company called Boostinsider which use to manage influencer marketing campaigns. We worked with everyone from Unbox Therapy to Kim Kardashian! Everything was going well, but we noticed a trend beginning in September of 2017 of companies asking for blockchain influencers... at that point they really didn't exist yet. However, by January 2018 several thousand Crypto YouTubers had appeared out of virtually nowhere! The issue with this was that nobody could tell who knew what they were talking about, and who didn't.
To help fix this problem we created
CryptoInfluence.io, a 100% free community site that allows fans to upvote the YouTubers that they like. What this does is ensure that the influencers that treat their followers with respect, and have their best interests in mind will rise to the top and receive more views & thus more fans. The fan vote is only part of the algorithm, the other half are the channel's performance stats (average views, engagement levels, etc). We already had the tools to provide this info quickly, so CryptoInfluence began as nothing more than a side project...a hobby.
However, the site really took off, and our team really fell in love with the Blockchain community. So, we decided to launch our own Token. This brings us to BOOSTO!
BOOSTO is a protocol and social token that is designed to return freedom to creators & makers!
Creators are content creators like YouTubers, Instagramers, & Twitch Streamers. The ability for these creators to generate income is very limited. They can play within the box that the platform provides them...which usually leads to ads on their videos. Or they can team with companies to perform sponsored content. However, neither is ideal, as it stiffens their creativity and prevents them from delivering quality content to their subscribers.
Makers are developers who make applications, such as the mobile apps for the Google & Apple stores. Unfortunately, the app stores are a monopoly, and as such can take up to 65% of an app developers profits. On top of that, the app stores are oversaturated, and it is very difficult to be discovered.
BOOSTO returns power & freedom to creators & makers through the use of a decentralized app store. Our protocol allows for DApps to be built on the blockchain. We are currently personalizing these DApps for influencers. Makers (developers) will make personalized DApps for Creators (Influencers) so that they can better interact with their fans.
A popular current way for Creators (and makers) to generate income are through donations (Patreon). However, those who donate usually do not get anything in return. Despite this, donations still generate sizable income. This shows that a creator's fanbase actively wants to contribute to their sucess. So we figured, if everybody who donated were to receive something in return, there would be a lot more donations.
Fans subscribe to creators because they possess a talent that they enjoy. The DAaps that BOOSTO powers will allows these influencers to enjoy this talent on a more personal level. For instance, a Music Influencer could have a YouTube page where he sings songs via an acoustic guitar. This influencer could have a "Happy Birthday" DAap, where his fans could plug their birthdays into a calendar, and then receive a notification on the day of that leads them to a personalized "Happy Birthday" song from that influnencer!
This is just one example, but the possibilities are endless. A gaming influencer could have a"challenge me" Daap where their subscribers sign up to play them in matches of SFV. A Crypto Influencer, like Bobby, could have virtual wallet in which his subscribers could view what coins he currently invests in, and click to buy them directly from the exchange (referral code automatically applied). These DApps are only limited by the influencers own imagination.
The "Makers" who creates these DAaps will split the profits with the influencer 50/50 (non negotiable).
As such we break up the monopoly that is the modern day app store, while simultaneously helping fight the adpocalypse that is overtaking our social media platforms!
Finally, if a creator earns enough BOOSTO they'll be able to launch their own individual tokens to power their DApps. This token's value will rise and fall depending upon how talented that influencer is. As the more fans that purchase & spend the token, the higher it will rise. This ensures that true talent, that treats their fans with the upmost respect will rise to the top, while spammers & talentless hacks will fall to the bottom. Just the way it should be!
That was a long read I know. I hope you enjoyed it! Thanks for partaking in our bounty!
Cheers!