The crypto-focused social network Yours.org, which allows users to earn Bitcoin Cash against content creation, is about to accelerate its work after Bitmain and Nchain have paid 1.5 million. This funding will speed up the work of the platform.
Bitmain directs a portion of its revenue to the platform
Social Network Yours.org has raised $ 1.5 million for the introduction of the Crypto project at MassesYours.org. The basic idea is the well-known supporter of Bitcoin, Ryan X. Charles. This is one of the most successful sites that integrated Bitcoin Cash after the decentralized currency was released last year. Elements of news blogs and social networks like Steemit have been used to create a portal for sharing humor, fiction, art, and more.
Long-time crypto-enthusiasts can gladly recall the first purchase they made with the crypto. In most cases, the purchase was made with Bitcoin.
Micro payments are easy and affordable
Bitcoin has crossed the point where it can be used for micro-transactions, but the transaction fee is now quite high. Bitcoin Cash is still a much lower tax than Bitcoin. That's why the micropayments with Bitcoin Cash are more cost-effective for the moment.
Announcing the financing news that will help the future development of the platform, Yoursorg Chief Executive Officer Ryan Charl said:
"Everyone can start earning money for the things he likes to do. The potential for changing the way social media work and improving the quality of content on the internet is enormous. "
The capital provided by Bitmain and Nchain will help Yours.org hire more engineers as their target is aggressive growth.
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