Ending Soon! Save 33% on All Access

A Blockchain Solution For Social Media Problems MediaCoin is a new way to both share your content and to earn from what you've shared

By John Stanly

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Handout

In today's digital age, everything is about expressing yourself online. With that expression comes the potential to earn from what you have shared with others by monetizing content, on top of selling merchandise and other products. Unfortunately, the problem that is faced by numerous online creators is that many of the popular service providers are exercising strict and often ridiculous authoritarian rule over what can be posted. This draconian over-reach in turn affects how users are able to earn off of their content. This is where MedaCoin steps in.

MediaCoin is a new way to both share your content and to earn from what you've shared. By using blockchain technology, users are provided a new uncensored and secure way to share the content of their choice with potential fans and clients. On top of more traditional forms of earning, users can make use of blockchain/Crypto technology to sell things like NFTs, as well as to pay for various goods and services. There is also the potential to earn money from the MC coin as well and use it to accept payments as well as trade in other cryptocurrencies.

The MediaCoin company was started by a visionary in the field, Sergey Sevantsyan. Within the platform he has started, there are no community guidelines and no moderators – therefore, creators don't need to worry so much about what they can or can't say for fear of their channel being demonetized or even canceled. On top of this, advertising, such as annoying pop-ups and the like, do not exist on the platform at all.

If it so happens that you are not so familiar with NFTs and their possible uses and benefits, no problem. MediaCoin offers a turnkey service to help users create their own and sell them, on top of everything else.

MediaCoin's plan is to integrate the real world with the crypto world and in doing so remove the apprehension many people face with regards to investing in cryptocurrencies. By creating a mini-crypto economy which is based on the already established MC Coin there is a solid base for new investors to feel secure.

MediaCoin has also introduced an ambassador program which allows users to apply and receive a budget for promotional purposes. This will allow users to push the limits of the platform to the max in order to reach all potential fans and clients alike.

Next up, MediaCoin plans to launch its own MetaVerse. By June 2022 people will be able to enter the virtual world, hang out, learn from others and even earn money. Whether it be famous stars, influencers or other creators, it will enable everyone involved to showcase, exchange, and sell their NFTs. At first, the MetaVerse will be viewed as 2D, but very soon it will go fully virtual with the use of VR goggles.

This is only the start of MediaCoin, it is easy to see how the platform will be able to flourish as time goes on. With more freedom provided to creators with regards to content, marketing, and monetization it is a no-brainer that the only direction for the platform is up!
John Stanly

Start-up mentor

Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Science & Technology

Bad Data: The $3 Trillion-Per-Year Problem That's Actually Solvable

How the right tech can help entrepreneurs make data more accessible and accurate, avoiding massive losses in the process.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Growth Strategies

EdTech Crisis: Rise And Downfall of Byju's

The downfall for the company started when it failed to release results for FY2022 and later they were released after 18 months. The company is yet to declare its FY2023 results.

News and Trends

Soleos Solar Energy Secures INR 48.5 Cr Funding

This funding infusion will help the company in generating its working capital, global renewable energy portfolio development and establishing manufacturing facilities across the globe.

News and Trends

Whats Fuelling Growth Of Indian Aviation's International Ambitions?

In April 2024, India's international airline capacity reached 7.3 million seats, an increase of 17 per cent from the 6.2 million seats scheduled in the same month in 2019. This change can be attributed to a noticeable shift in spending patterns that emerged after the pandemic, as evident in the increasing inclination of Indians towards international leisure travel