APPICS is a mobile social media application that runs on top of the STEEM Blockchain and was created with full support of Steemit Inc.
The Next Generation Social App That Turns Likes into Currency
From The Appics Website:
Users who spend their time and creativity, posting and voting on content are the source of revenue for any social platform. The users are like the engine of the network. Unlike on any other popular social media site, where 100% of the platform’s value goes to the shareholders, APPICS enables all users to earn a fair share, as well as influence in the network, through a cryptocurrency reward-token (XAP).
The concept addresses some of the core problems social networks are facing due to the reliance on advertising, as well as the issue of mass-adaptation blockchain-based projects haven’t resolved yet. APPICS is more than just a mobile APP that lets users monetize their posts and even their voting, “like”. APPICS is a revolutionary social mobile APP that lets anyone without prior crypto-knowledge benefit from blockchain technology effortlessly.
APPICS is a next generation, reward-based social media APP that lets users monetize the time and creativity they spend on social media. Users are in control of their information and transactions.
The APPICS token (XAP) is the cryptocurrency of the APPICS network. Every time the “like” button is used, coins are created and rewards get distributed in a fair way.
DECENTRALIZED BANKING SOLUTION
APPICS makes sending currency as easy as sending a message: The peer-to-peer transactions are received instantly, without going through a third party, due to the nature of blockchain technology.
For people living in third world countries, earning cryptocurrency via content sharing has the potential to change lives on a global scale.
Since submissions and transactions are manifested on the blockchain with a timestamp, foundations and donors will benefit tremendously – trust can be restored.
APPICS coins can be exchanged for any currency (like Dollar, Euro or Yen), but also be held like a share of the network. As the platform increases in value, so does the value of your coins.