Morning Tick
  • Latest News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Fintech
    • Altcoins
  • Market Analysis
  • Resources
  • Contact
    • About Us
    • Press Toolkit
Facebook Twitter Instagram
Morning Tick
  • Latest News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Fintech
    • Altcoins
  • Market Analysis
  • Resources
  • Contact
    • About Us
    • Press Toolkit
Facebook Twitter Instagram
Morning Tick
Crypto News

Fragma launches Metaverse for content creators with token reward scheme

Staff ReporterBy Staff ReporterPublished December 4, 2021 on December 4, 2021
Fragma
Illustration credit: Morning Tick
Share
Reddit Facebook Twitter LinkedIn Pinterest WhatsApp Email
  • Metaverse with token rewards for activity.
  • Fragma launches blockchain application metaverse.
  • Metaverse to enable users to engage on the platform and earn tokens.
  • The platform is smart contract-based to protect both parties.

Fragma, a decentralized blockchain application that provides content creators and advertisers with opportunities for promoting and monetizing content, has launched its metaverse to reward users with tokens for social mining.

The metaverse, which is a digital world, will enable users who perform any action on the platform, including commenting, liking, and sharing to receive tokens, which can be converted into fiat.

Speaking during the launch, Vadim Onishchenkom, the CEO of Fragma said:

Social Media users today are generating wealth for the platforms with the content they post regularly when they could be generating wealth for themselves.

What the metaverse offers

Fragma provides content creators and advertisers the decentralized blockchain application, metaverse, for social mining, NFT marketplace, DAOs, GameFi, and AR to increase ad performance and monetize content.

Specifically, the metaverse encourages bloggers and other content creators to launch contests, photo quests, and other activities with incorporated GameFi elements. It will distribute all ad revenues in native tokens among users based on their activity and popularity.

Ad revenue is divided among all members of the Fragma Metaverse, with the content creator and advertiser interacting without using any third parties.

How the metaverse operates

Fragma leverages AR technology to streamline online product placement with the incorporated AI targeting relevant bloggers and users to incorporate products into their content.

The incorporated AR content can be used for geo-targeted ads, enabling users to change the products or labels they promote based on the viewers’ location.

Also, companies joining the metaverse can create 3D versions of their products that influencers can include in their posts, offering both parties financial incentives.

Each side is protected with smart contracts, ensuring that both parties fulfill their responsibilities before payday. As a smart contract-based blockchain, both parties are protected to ensure that they accomplish their responsibilities before payday.

Importantly, Fragma provides an NFT Marketplace that allows users to create, lease or trade NFT tokens. They can be in the form of videos, texts, or audio formats. You simply create digital art, post it at the Fragma marketplace, sell it through an auction or rent it out. To keep the metaverse safe from fraudsters and bots, Fragma adheres to DAO governance principles.

Crypto News MetaVerse
Disclaimer
Read More Read Less
The information provided on this website shouldn’t be considered as investment, tax, legal, or trading advice. Morning Tick is not an investment advisory platform, nor do we intend to be. The publication, its’s management team, or authored-by-line doesn’t seem liable for your personal financial losses, which may be due to your panic decisions based on the content we published. We strongly recommend considering our stories as just a piece of information, unlike advice, recommendations, or requests. Some of the contents may get outdated, updated, or inaccurate despite our profound editorial policies. We urge readers to do their due diligence before making any investments decision with ongoing IDOs, ICOs, IEOs, or any other kind of financial offerings. Few outbound links may be commissioned or affiliated, which helps us grow financially and maintain healthy editorial norms. For more information, visit disclaimer page.
Share. Facebook Twitter Pinterest LinkedIn Email Reddit WhatsApp
Previous ArticleGXChain (GXC), Binance listed coin surges record 900%, Here’s what you need to know
Next Article Metarex uses NFT and blockchain technology to make Tyrannosaurus rex fossil public
Staff Reporter
  • Facebook
  • Twitter
  • Tumblr

Staff reporter brings the latest financial technology, cybersecurity news and tech updates.

Recommended Posts

VNX launches as the first European regulated precious metals tokenization platform

March 31, 2022

Matrix adds Block trading capabilities four more virtual currencies to its platform

February 2, 2022

OVR Global launches Map2Earn to crowdsource the largest high-precision 3D map of the world

January 30, 2022

Spielworks multichain treasure hunt NFT game brings users valuable rewards

January 12, 2022
Add A Comment

Comments are closed.

Latest

Introducing Lucky Mystery Box, Crypto lottery based on TRON with a prize pool of 1M USDT

4 months ago

GlobalDots joins forces with Coralogix to save companies 40-70% on full-stack observability costs, launching a debut CDN log management solution

5 months ago

KX.finance announces upcoming DeFi/DEX aggregator launch on APTOS/SUI blockchain

6 months ago

HyperBC Group unveils Zero interest Crypto Credit Card HyperCard, obtains Lithuanian Financial License

6 months ago

Unplugged launches its mobile App Suite to help consumers reclaim their privacy

6 months ago
Morning Tick
Facebook Twitter Instagram Pinterest RSS
  • About Us
  • Press Toolkit
  • Disclaimer
  • Contact Us
  • Privacy Policy
  • Sitemap
© 2023 Morning Tick. Disclaimer: The information provided on this website shouldn't be considered as investment, tax, legal, or trading advice.

Type above and press Enter to search. Press Esc to cancel.