Could mobile messaging be the next big screen? With a little help from bitcoin, perhaps.
Wiper , an encrypted mobile messaging app with a built-in bitcoin wallet, has released a new functionality called Wiper Film that allows users to view films and allows online digital content providers to monetize their content by accepting bitcoin, according to Nasdaq .
For $4.99 a month, a user can have access to hundreds of independent films. A Win-Win
The Wiper website notes that many filmmakers do not have the right tools to develop an audience. Audiences, for their part, spend more time trying to find a movie they want to watch than actually watching movies. “We solve both problems.”
The content providers get a share of the revenue paid through the Wiper bitcoin wallets. With bitcoin, the filmmakers receive their payments at lower thresholds than the minimums required by the Google or AOL advertising networks. Because bitcoin micropayments are far cheaper than conventional payment methods, digital content providers can receive their share of the income in smaller dividends.
On Google, for example, content providers have to wait until they reach a minimum $100 before they can cash out.
While big digital content providers and filmmakers drive tens of thousands of dollars per month in profits, independent filmmakers earn a much smaller income. Hence, they struggle to achieve the threshold every time they release their content.
Another advantage with bitcoin is they also receive the payments immediately rather than waiting five to 10 days.Wiper Inc., based in New York City, launched its mobile messaging service to the public last June, CCN reported, offering users the ability to control how long their messages remain in the messaging system. To ensure privacy, calls are encrypted, and there is no call log. Users can instantly erase messages. Other features control how […]
