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A recently launched project & crypto coin, Rokkit Fuel, is being hailed as the next bigcryptocurrency and has major plans to revolutionise the social media industry with a cryptocurrency-subscription based social media app.
And if that isn't enough, the token also redistributes 5% of each transaction to all holders inBitcoin. Many previous projects pay rewards in native tokens or stable currencies such asUSD, but with Rokkit Fuel coin, the contract automatically converts rewards to the mostcoveted one of them all, Bitcoin. Rokkit Fuel Newly Launched Cryptocurrency Set To Shake The Social Media Industry
Rokkit Fuel explain in their white paper that they believe, more needs to be done to rewardcreators who mostly earn very little for their efforts in partnerships currently offered by otherleading platforms, such as YouTube & TikTok.
According to this article on Business Insider, Youtubers with 1000 views will earn on average$17 if their content is selected for Google ads (who take around 40-55% of profit), whereas inthe proposed Rokkit Fuel app, creators could earn $17 or more with as little as one view, whichcould be life changing for some creators, particularly the up and coming ones.
Rokkit Fuel further explains that more needs to be done to reward creators to ensure socialmedia has a sustainable future. The way this will be achieved is through content creatorshaving one-off paid, subscription based or free shows, where the creators themselves can set the fee.
For instance, even if only 500 people subscribed to a content creators' show at $2 per month,that would still mean the creator would earn $2,000.00 per month (before taxes/fees). If thatcreator uploaded the same content to other major social media platforms, they would earn onlya fraction of that amount.
And this is where Rokkit Fuel will shake the industry; if they could create an app that allowseven smaller creators to thrive and possibly leave their day jobs, then not only will itrevolutionise the social media industry, but the whole landscape of entertainment across the board.
The project appears to be in the hands of a leader who has first-hand experience being in thespotlight as an influencer, Rokkit Fuel is the brainchild of Shak Warner, who spent over 20years in the music and entertainment industry working with some of the biggest American &British acts which bodes well for the aim of developing a social media app.
Some may ponder, why would content creators leave the current major social media platformsand make content on Rokkit Fuel's app? Rokkit Fuel Chairman, Shak Warner, said:
“The upcoming Rokkit Fuel app will completely revamp the way users and content creatorsinteract. No more will only celebrity influencers earn a living creating, but it will also givesmaller creators the chance to finally get paid fairly, doing what they love. This is something Iand the Rokkit Fuel coin holders are extremely passionate about, and I believe that both thetiming and the concept is right, for a project like Rokkit Fuel to help transition the social mediaindustry into the world of blockchain.”
Even though Rokkit Fuel is still in very early stages, it has already garnered the attention frommany celebrities and influencers Tweeting about Rokkit Fuel, such as international soccerplayer Fredy Montero, celebrity Disc Jockey's DJ Danny T & DJ Prestige, actor David Banks, rappers Wayne Dreadski & MuZik King, professional basketball player Alandise Harris, musician Robert Dobbs, professional Ice Hockey player Zach Boychuk, but to name a few.
Rokkit Fuel has also been popular amongst crypto-based listing websites with $ROKK trendingNo.1 on the likes of Watcher Guru, Coinsniper & thousands adding Rokkit Fuel to theirwatchlists on Coinmarketcap & Coingecko.
The developers of the project aren't stopping there, with announcements of an upcomingbillboard campaign beginning in New York Times Square. The excitement building aroundRokkit Fuel has had members of the community guessing what the social media app will becalled, with rumours circling that it will be called “ROKKit”.
One thing is for sure, the community is at the heart of the project with the team providingregular AMA's (ask me anything) & updates on how the project is coming along.
With a current marketcap of 0.3% compared to that of Safemoon, 0.0015% of Doge Coin's & a multi-billion dollar target industry, many analysts & Youtubers are hailing Rokkit Fuel as the next value investment going into 2022.
Tofind out more, you can join one of Rokkit Fuel's already very active communities:
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