Social Network APPICS Moves to Telos Blockchain from Steem to Improve Performance

2020-8-16 10:14

Telos, one of the most active blockchain platforms in the world according to Blocktivity, today announced that social network APPICS is moving its platform from Steem to Telos. APPICS needed a blockchain solution that would help it scale its growing and global user base of content creators, influencers, and brands, all of whom rely on high performance and ease of use across the network. 

Available for iOS and Android, APPICS is an Instagram-like platform that allows users to earn cryptocurrency for posting and voting on decentralized social media content across 20 categories, including music, fashion, and food. APPICS is incorporated in Switzerland, with its marketing headquarters in Los Angeles. The founding team has been in the fast-growing blockchain space since 2011, with a background in the mainstream artists space.

In 2018, after successfully conducting a token sale, the APPICS team went on a global tour and grew their extensive network of influencers, brands and charitable organizations further, establishing more than 100 ambassadors in over 20 countries. APPICS also secured major partnerships with brands and influencers to launch purpose-driven campaigns on the platform leading up to the main launch to support APPICS’ mission of empowering people and creating more fairness, security, and justice in the world.

APPICS team member and partner for strategic alliances Darin Olien and Hollywood Actor Zac Efron recently hit #1 trending on Netflix with their new docuseries, Down to Earth. Following the success of the show and increased exposure, one of APPICS’ planned campaigns around sustainability will include major names. Additionally, APPICS’ head of U.S. business operations, Grammy-winning producer Paul Ring, has had a long tenure of success as president of two record companies distributed exclusively with Universal Music over the past 23 years. Ring has sustained a high level of success working with both legendary celebrities and developing artists in all genres of entertainment. 

With a lineup of campaigns, APPICS’ strength lies in marketing strategies to onboard the masses. However, the team purposely held back many of these celebrity connections and strategies until now, because they couldn’t guarantee that all of their followers would receive an instant Steem account and join the APPICS app. The Telos Foundation worked with APPICS to implement a new smart contract and additional functionalities on the back end, addressing frustrations that APPICS users had encountered previously. 

“The organic growth of APPICS since our Beta launch has proven that our strength lies in community building, and in bridging the gap between the crypto and the mainstream. We can’t wait to start onboarding the masses. Especially in turbulent times, APPICS sparks a movement of light, hope and freedom,” said Uma Hagenguth, COO at APPICS. “When we learned about Telos and its advanced technical features, especially being able to create instant accounts, we knew it was the right fit to help us deliver the best possible user experience.” 

“APPICS is a great example of how blockchain technology can reimagine the way social networks operate,” said Suvi Rinkinen, CEO of the Telos Foundation.  “APPICS lets users earn rewards for their time and the valuable content that they create. I, myself, am a daily APPICS user where I’m not only earning money for posts, but making my cat a celebrity. This platform is incredibly engaging and gives users meaningful earnings. This is the type of app Telos can help to grow by making their processes scalable at a global level.” 
On most social networks, users earn only virtual likes as rewards. On APPICS, however, users earn cryptocurrency for their activity in the form of APX tokens.APPICS users earn APX tokens by up-voting and deciding the monetary value of each piece of content. In return, content creators earn 65 percent of the sum, the users who voted earn 25 percent, and 10 percent goes back to the APPICS ecosystem. APX tokens are held in a user’s online wallet to be spent within the app, transferred to other users’ accounts, or converted to other currencies including USD, Euro or Yen. 

Recently, APPICS had faced performance problems on the Steem blockchain. Telos developers were able to help them virtually recreate the functions of the Steem blockchain within a Telos contract and then optimize many elements that had previously been handled by Steem. 

“We were impressed that with Telos we could now fine-tune elements of our UX that had previously been baked-in to the platform. We’re expecting an even better user experience as a result,” said Sandro Ieva, Founder of APPICS. 

APPICS is part of a trend of blockchain-based social media and decentralized content applications transitioning to Telos for optimal performance. Newlife, the platform for artists, fashion designers, and celebrities to test new ideas, will use the Telos blockchain for rewards, governance, and voting. Murmur, the privacy-focused social media DApp, is moving from EOS to Telos to improve resource efficiency and network costs.  

Similar to Notcoin - Blum - Airdrops In 2024

origin »

High Performance Blockchain (HPB) на Currencies.ru

$ 0.0066604 (-0.32%)
Объем 24H $21.448k
Изменеия 24h: -2.68 %, 7d: -19.36 %
Cегодня L: $0.0065272 - H: $0.0070125
Капитализация $486.674k Rank 2071
Цена в час новости $ 0.3897 (-98.29%)

blockchain social telos network appics announced today

blockchain social → Результатов: 126


How Do We Make Blockchain User-Friendly for Mass Adoption?

It’s been forecasted that by 2021, there will be over 3 billion worldwide registered social media accounts and with blockchain-based businesses aiming to disrupt many industries, one has to ask if established and emerging social media apps on the blockchain can supplant the incumbent centralized social platforms? For blockchain to fully become mainstream, it is.

2018-11-10 21:07


Фото:

The Age of Equality: How Blockchain Helps to Reduce Social and Gender Gaps

When it comes to disruptive technologies, nothing takes the centrestage more than Blockchain. It’s use has been talked about across sectors and industries. There can be no denying that Blockchain has its uses in the financial, governmental, legal, commercial, art and technological fields etc, but it is Blockchain’s social impact that may come to define […] The post The Age of Equality: How Blockchain Helps to Reduce Social and Gender Gaps appeared first on Crypto Briefing.

2018-8-3 03:03


Aussie Digital ICO

Aussie Digital is building an E-commerce Ecosystem based around an ERC20 Digital Coin that will include a powerful Amazon like store builder packed with powerful digital marketing tools and a B2B Trading Platform that integrates Social Media in unprecedented ways along with other multiple services powered by blockchain technology.

2018-8-1 12:34


SAPIEN REWARDS ENGINE IS NOW LIVE

Sapien Network is creating a tokenized, democratized, reputation-based, Web 3.0, social news platform that will give users back control of their data, reward content creators, and fight fake news. They are looking to leverage the latest Blockchain technologies to build a platform that is immune to censorship, guards free speech, respects user privacy, and persists […]

2018-8-1 02:26


Foresting ICO

The ‘Foresting’ or ‘Foresting Platform’ is a blockchain based social media that deviates from the distribution system of traditional social media platforms, and provides a fair value distribution system for users who are the true owners of the platform that deliver content through blockchain technologies and contribute to platforms in a variety of forms.

2018-7-28 22:08


NAGA Cryptocurrency Project And German Sport Club Hamburger SV Partner

The cryptocurrencies and the blockchain technology is slowly moving to the professional world of sports, having the latest announcement being that NAGA has just partnered with Hamburger SV. NAGA is an extensive and also diverse crypto coin ecosystem one that was mainly focusing on social trading cryptocurrencies and even virtual assets. They have just announced […]

2018-7-27 19:28


Bogart: Bitcoin Stagnating, but Should Inflate Soon

Blockchain Capital partner Spencer Bogart compared Bitcoin (BTC) to a “tinderbox” July 26, telling CNBC prices could grow further due to multiple “catalysts.” Speaking to CNBC’s Fast Money, Bogart, who is regular commentator on the network and on cryptocurrency social media, adopted a notably bullish tone compared to just weeks ago when Bitcoin was trading

2018-7-27 23:03


100% of Profits from the EarthCycle (ECE) Coin Launch Invested into Profitable Businesses

Today many companies understand that their long-term investment goals can be achieved only within stable, healthy and free social and financial environments. Earth Nation’s businesses have been in profitable operation for two to twenty five years, and incorporating the blockchain to their system is seen as a leap in the right direction. Earth Nation takes […]

2018-7-26 05:26


Фото:

Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems

Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins.

2018-7-25 18:00


Gemstra ICO

Gemstra is building a blockchain-integrated ecosystem (ASTRA Platform) and token economy (GMS Token) to unlock social selling to the entire retail market. ASTRA is a smart contract platform. It leverages blockchain technology to put data back in the hands of sellers and enable retailers (called "Merchants" in the Gemstra ecosystem) and brands from the $24 trillion global retail economy to join social selling.

2018-7-24 22:18


EkkBaz ICO

EkkBaz will simplify B2B interactions and expand the earning potential of millions of traditional, community-based grocery store owners in the FMCG industry around the world with an omnichannel approach by utilizing the existing blockchain, artificial intelligence, social and collaborative technologies in an easy-to-use mobile interface.

2018-7-22 20:34


Фото:

Governance, Part 2: Plutocracy Is Still Bad

Coin holder voting, both for governance of technical features, and for more extensive use cases like deciding who runs validator nodes and who receives money from development bounty funds, is unfortunately continuing to be popular, and so it seems worthwhile for me to write another post explaining why I (and Vlad Zamfir and others) do not consider it wise for Ethereum (or really, any base-layer blockchain) to start adopting these kinds of mechanisms in a tightly coupled form in any significant way.

2018-7-21 23:03