Social Media Network that Pays Users in Bitcoin

social network that pays users in bitcoin

Social Media Network that Pays Users in Bitcoin

On February 1st of this year, Film Annex announced that it would be the first website in the world to pay its users in Bitcoin. The social media platform has over 325,000 registered users in 245 different countries worldwide. Users are rewarded Bitcoin for creating content such as films, blogs and images. Content creators are measured by the Buzz Score, an algorithm that measures the impact and quality of the content provided. Users are then financially rewarded in bitcoin based on their personal Buzz Score.

Francesco Rulli, an Italian businessman and philanthropist, founded Film Annex in 2006. It was very difficult and costly to pay users from 245 different countries. Bitcoin simplifies the payout process and eliminates the need for currency conversion. Francesco states in a recent press release, “The ideal users at Film Annex are those who believe and think in Bitcoin as their primary currency.”

Social Media Network that Pays Users in Bitcoin

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