Consentium will be the new black

Athena Lee
Crypto Bacon Club
Published in
3 min readJun 25, 2018

Governments, banks and large corporations have recognised the importance of cryptocurrency and while most people have heard of the term, not many are aware of what exactly it means to our future economy.

As the cryptocurrency is gaining traction in the market, and with mobile community engagement playing such a significant role in our lives in this digital era, it is no wonder that Consentium was introduced.

Like another other Web 2.0 platforms, Consentium thrives on user generated content but this time, you’ll actually be making some coins!

Unlike the existing chat apps that we know, Consentium is one that also facilitates cryptocurrency transactions and rewards users via its fee redistribution programme to encourage the creation of strong online communities.

Sounds good? Maybe too good to be true?

Fret not!

With the Chat Community Monetisation Model, you can expect to be rewarded for your generated content and engagement with the community on the platform.

All cryptocurrency transactions between users will be charged a fee of 1% which will be borne equally by both parties (0.5% each). These amount will be collected in a distribution pool, which will eventually be reallocated to users of the app based on preset criteria.

This brings to us to talk about the Community and User Reward System that Consentium has designed based on creation of quality groups, both in quantitative and qualitative sense. This ensures that users are rewarded according to their contribution and be assured that exploitation of the system will be zero.

Do not think that this is an app serving only businesses because anyone, like yourself, is able to participate and reap the benefits of this platform. No matter who you are, as long as you have a substantial amount of following and content interesting enough to engage with the community, you can be an influencer too!

It is one stop platform providing you with interacting, networking and transacting capabilities. Imagine a mashup of WhatsApp, WeChat and Instagram. Consentium will revolutionise the way we communicate.

And perhaps also the way we shop.

With its latest partnership with MGX, Consentium Coins can now be used to purchase exclusive items from the MegaXstore, targeted mainly at millennials, the same group of people we believe are driving the crypto market.

So hey, grab your friends into this one-of-a-kind mobile chat application because Consentium will be the new black.

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