"Target 4 billion users globally" - that's a lot of numbers.
You guys have this huge amount of user base already?
4 billion users means the number of consumers targeted by 200 millions advertisers globally. This is the market volume that YOUenging is entering.
Doesn't a user have to download your app before they can earn?
All personal data stay on user's smartphone. It doesn't transferred/stored on any data servers.
The core advantages is that user's data are being automatically packed on hash code and only this code will be forked out to provide clients (advertisers) with target audience.
So no data leaking like it happens on Facebook regularly.
Users download the YOLapp, create an account, go through a registration process that includes proof of identity and up to 400 fields of opt-in profile data, for example, date of birth, relationship status, location, profession, affinities and preferences like luxury cars, sports, films, fashion, foods, and more.
The users are incentivized with three levels of data entry. The more data they enter, the more money they make per view. Finally, users get their fair share and get paid for their data with every ad they watch.
So, 4 Billion users have already downloaded it?
Or these numbers are just put in place for marketing and pure theoretical?
As said above this is target market volume. In theory they all can download, of course. But even 1% from that big market pie will bring a lot of money.