Consentium allows peer-to-peer (P2P), multi-digital-currency and C2C (consumer-to-consumer) transfers between users. It offers rewards to create and cultivate quality community groups, defined by size of the group and the in-app reputation of group members.
The Consentium app – which will first be rolled out on Android platforms on 1 August, followed by iOS on 10 September – will be made available in English, Chinese, Korean, Japanese and Arabic. This underscores its intention to engage key markets in Asia where user mobile engagement rates are high and the cryptocurrency space has matured rapidly in recent months.
The app will leverage on the popularity of mobile chat applications and the transactions of cryptocurrencies. The chat feature allows individuals to create, share, communicate and produce unique content through one-to-one chats with other individuals, or create chat groups and channels via communities for brands and influencers. This allows for multiple monetisation opportunities across one integrated platform, applicable to different communities.
Consentium also expects to integrate its Chat Community Monetisation Model (CCM) across all platforms by October 2018.
Joining the team to help drive these developments is Advisor Ekaterina Skorobogatova, who has 15 years of experience in the social media networking application and platform field. She most recently led growth efforts at WhatsApp, and prior to that, spearheaded the launch of Facebook in Russia. Ekaterina has also taken on roles within Facebook and Internet.Org, working in teams which focused on mobile growth and product development respectively.
In recent months, Consentium has worked with MegaXstore, a Singapore-owned multilabel store, for the acceptance of Consentium coins (CSM) as a payment currency. CSM are based on the Ethereum platform. They are easily accessible via HitBTC.com, the cryptocurrency exchange, and will soon be listing on CMC Markets, followed by KuCoin.
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