Introducing MediaToken

BANKEX
BANKEX  -  Proof-of-Asset Protocol
3 min readJan 27, 2018

Instagram is a business industry growing with astronomical speed. People’s opinions about it are divided though; some fell in love with it, some harshly criticise it. However, one can not argue with statistics: Instagram has 800 Million users overall in 2017, executing on the third place among world-leading networks in the world. Due to the new features, as Stories, Instagram has doubled its auditory, comparing to the year 2016. Instagram brought in $4 billion in revenue in 2017. By 2019, it’s predicted that Instagram ad revenue will reach over $10 billion.

Instagram is a way to share your worldview with your friends, relatives, friends and with everyone the world. Moreover, Instagram is a great way to make money on your photos, growing a huge business of digital industry. Great, huh?

The problem of Instagram

As a business industry, Instagram is enormous. The classical system of financing doesn’t exist at all in the field. The dilemma is that Instagram financed by wealthy people and opaque schemes. For example, some of the users get million of subs and start earning up to 500 000 dollars per post. But here’s the problem: income inequality between bloggers, who has millions of subs and those, who have thousands, is enormous. The thing is that bloggers, who have less than 100 000 subs, can be more appealing to some advertisers than accounts with over 1 million followers. Why? Small bloggers tend to generate more loyalty and interaction among their fans. It certainly affects the quality of the content of bloggers. What’s more, Instagram bloggers tend to stop thinking about the content they like, and their creativity becomes lower because of a few followers.

— How to solve the problem with the broad knowledge of tokenization that BANKEX has?

BANKEX presents a new service for tokenization of the Instagram accounts: MediaToken.

— What’s the point in tokenizing accounts?

Our service allows bloggers to promote their account and earn more from advertising sales.
In the meantime, it enables investors to invest money in the account at the early stages of development and receive advertising space in the hyped-up account or earn dividends. Using blockchain technology, the market of the industry can become civilized.

— For whom is the service MediaToken?

MediaToken is both beneficial for bloggers and investors.

— What are our plans?

We will create a transparent capital market for Instagram advertising. Clean and clear pricing of advertising in Instagram.

For now, we’ve already done RND, working to develop a demo. We welcome ideas, feedback on the project.

If you’re a blogger, we want to offer cooperation.

Subscribe to our Instagram account:

We also have an open board for the development that everyone can check:

The process of our work is transparent and open to everyone.

BE THE FIRST TO TOKENIZE AN INSTAGRAM ACCOUNT!

Do you want a new iPhone X or cryptocurrency on a sum of $9,000?

Then, take part in MEGA-competition BitContest from Adhive.tv with the support of MediaToken platform, powered by BANKEX!
This is the first crypto competition for bloggers, the main prize of which is cryptocurrency! The prize fund is 9 ethereum(ETH) for the sum of $9,000 and three iPhone X! 😱
Terms of participation are simple — the more friends you invite, the more chances you have to win!
Right now click on the link — https://adhive.tv/contest/, read and fulfill the conditions of the contest. And on February, 24 in live https://www.instagram.com/adhive.tv/ will announce the winners!
The latest news about the contest will be on the telegram channel https://t.me/adhivetv

Just do it! 💪

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BANKEX
BANKEX  -  Proof-of-Asset Protocol

Open source PROOF-OF-ASSET protocol to facilitate #digitisation, #tokenisation & exchange of traditional assets. All things #cryptocurrency #fintech #blockchain