2016/11/02 12:00 PM
Gamerholic, a cryptocurrency-fueled competition platform for casual gamers, has taken a page from Steemit and created a monetized social media platform tailored towards the gaming community.
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Gamerholic Presents Monetized Social Media for Gamers
Utilizing a Reddit and Steemit-inspired voting system, posts on the platform earn “Respeck.” The more Respeck a post earns, the more money it receives.
Additionally, users who give their Respeck to posts earn a portion of the rewards. Funds for these content rewards come from a percentage of the platform’s service fees, which differs from the Steemit model of using a percentage of the actual token’s market cap for rewards.
According to Anari Sengbe, Gamerholic’s founder, Gamerholic coin is the only currency used on the platform, with all payouts made in the coin.
The monetary rewards go to a platform-based hot wallet, cold wallet and a “main wallet,”…