With Synereo's Qrator You Could Earn Cryptocurrency by Sharing Content

Tel-Aviv-based startup Synereo announced today its first 'attention economy toolkit' component. Qrator is an app for users to monetize original content and get rewarded for sharing and finding content on the web. It will be released as beta in June.

According to Synereo, Qrator's first onramp from the existing internet is a browser extension that follows the user while browsing through content Hosting Hosting Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Hosting refers to the location of a broker’s technology stack. This is one of the most crucial elements of a brokerage that helps prevent the company from losing money due to being unable to mitigate latency risks.Brokers or exchanges are traditionally very vulnerable to latency arbitrage due to the speed with which financial markets move. The traditional datacenter locations for forex brokers are all centered at Equinix facilities around the globe. What Are the World’s Foremost Data Centers?Sin Read this Term platforms such as YouTube, Soundcloud and the like, and enables them to 'amplify' content pieces such as videos, music clips or articles, using AMPs - Synereo’s native cryptocurrency.

'Amplification' in this respect means that the user has the ability to stake an amount of AMPs on a given piece of content, spread it through various social channels, and collect a dividend if the piece of content is liked or reposted. Alongside, the original creator of the content receives a share of every Amplification fee paid.

Users can monitor their statistics on the Qrator Dashboard and analyze the added value they’ve created in terms of reach and traffic, and understand how their curation activity affects their AMP dividends.

“Our main goal at this stage is giving users a taste of how a network in which they are compensated for content creation and curation feels like. Additionally, Qrator will allow us to build a cross-platform social graph and bootstrap network effects on top of existing services. With this information and user base, Synereo will be able to hit the ground running with its decentralized social networking app – already populated with users, their social environments, identities and histories – all securely stored on the Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned). In this sense, blockchain is immune to the manipulation of data, making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tamp Read this Term, privately owned, accessible and controlled by them only,” said Dor Konforty, Synereo CEO.

After the closed beta release, Qrator will be connected to a decentralized Content Delivery Network, allowing users to directly upload content to a distributed hosting service, bypassing existing centralized networks such as YouTube entirely. With content hosted on the Synereo CDN, and user identities and social graphs being stored on a blockchain secured system, Synereo’s next step will be an independent social network with attention economy implementations.