PAYMENTWEEK.COM | July 27, 2018 | Steven Anderson
Remember back in the late 2000s, when Apple first brought out the iPhone and the phrase “there’s an app for that” started to be truly in vogue? Fast forward about 10 years and the catch phrase seems to have shifted to “there’s a cryptocurrency for that.” We’ve seen coins devoted to dental service, to gambling, and now, thanks to Reel Cash–who tipped us off about its new release–we may well be in a position to see a cryptocurrency devoted to paying actors and writers.
The rapid growth of streaming services has fundamentally altered entertainment as we know it, and paying actors and writers involved in streaming operations has likewise changed. That’s where Reel Cash comes in with its REEL Data Management Platform, a system that actually directly rewards viewership in cryptocurrency. In exchange, the viewer views the content, and data about the viewer can be collected and provided. This allows for greater accuracy in determining viewership numbers, and from there, compensating those involved in the production.
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