Last week, Oct-22-2018, the LikeCoin Foundation initiated its 19-day “Reinventing the Like beta 4” campaign. The beta 4 campaign presents a number of sweet bonuses in terms of LikeCoin rewards. With this campaign, the foundation is planning to incentivize not only creative content creators but also the avid community of readers.
But before we dive into the campaign, what is LikeCoin?
In today’s world where quality content is vast and predominantly on offer for free, major media outlets unfairly profit from your creativity and the ‘Likes’ you earn.
The LikeCoin project was launched to realign the unparalleled worlds of creativity and rewards. The LikeCoin protocol was developed to monetize creative content while letting content creators focus on doing what they do best - creating great content, instead of focusing on how to sell it.
The LikeCoin ecosystem comprises of several participants involved during a content lifecycle: the content creator, content adopter, service provider, content source, and content readers.
The LikeCoin blockchain protocol employs a Poof-of-Creativity consensus algorithm with a unique mining protocol that rewards the content creators based on their contents quality and its appreciation by the community.
You can catch more details of this mechanism via the LikeCoin Official Whitepaper.
The LikeCoin Foundation are releasing 60,000 LikeCoin Tokens (LIKE) everyday to reward content creators. The Foundation will also release a LIKE bonus for active readers who ‘like’ creative content on its platform. The campaign aims to boost the LikeCoin ecosystem and its adoption over less lucrative content sharing options.
In order for the content creating community to succeed, support from their readers is of utmost importance. Thus, in order to encourage participation, the LikeCoin Foundation will release 120,000 LIKE for the readers. Although any reader can ‘like’ the creative work, only the readers with a registered LikeCoin ID will be considered for bonuses and rewards.
What’s more, the foundation plans to release additional 40,000 LIKE bonus to readers every Friday during the campaign period - 26th Oct, 2nd & 9th Nov.
The enrolment for the campaign is easy...
First, content creators can add the new ‘LikeButton’ to their content on WordPress or Medium, see how here. ***(In the previous beta 3 campaign, the LikeCoin Foundation helped writers to form and launch their WordPress blogs).
Next, content creators are requested to publish and promote their content on various community channels to expand their content's reach and the LikeCoin project’s awareness to get more ‘likes’.
That’s it! They’re now eligible to earn LIKE and participate in the campaign.
The amount of LIKE eared is directly proportional to the number of ‘likes’ your content receives. The LikeCoin Foundation has some useful tips for you to promote your articles and get more exposure. Such as, creating the personalized ‘LikeButton’ thumbnail, ‘FollowMe’ widget, quality featured graphics, cross-promotion on different platforms, and much more as you can see on the LikeCoin Website.
See the full details for the Beta 4 Campaign by visiting this link.
