-- A prominent investor based in Silicon Valley – Jason Calacanis (who has been an early investor in leading startups such as Uber) has recently launched a competition to come across a social media network that could beat Facebook by serving good for society. The challenge as put forth by Calacanis is referred to as “The Openbook Challenge”. This challenge will be offering $100,000 in investment to 7 purpose-driven teams who can claim to build a billion-user social media platform while protecting consumer privacy at the same time.
ClickASnap – a leading image hosting platform that pays when photographs are viewed (Similar to the way YouTube monetizes video, and Spotify monetizes music) has been placed in the top 20 list of participants in the Openbook challenge. ClickASnap is a famous image hosting platform that has a difference. The site has been developed on the topmost existing knowledge of monetizing and hosting images efficiently on the available portal. The primary aim of this site is to compensate the users with money for the respective work or contribution. Being one of its kind in the world, ClickASnap aims at beating Facebook through its unique offerings.
The way ClickASnap works is quite simple; Every day, views get added up for the individual photographs posted by the end users. For this, the users are expected to register and sign up for the site’s services. At the end of each day, the platform’s revenue is calculated. The overall operating costs are eliminated and the remaining profit is divided equally 50-50 between the creators of the content and the platform.
The technology behind Clickasnap works like this: The storage cost of the photographs (greater costs for the larger photographs) is added to the transmission cost of the photographs (greater for the larger photos) plus the server time. The obtained value is then subtracted from the overall revenue of the given platform. This value is then divided 50-50 between the platform and the creators of the content. Revenue is generated through multiple means including; advertising, subscription fees, photo sales and more.
The basic paid per view accounts offered by ClickASnap are available for free and anyone who has an avid interest in photography can sign up. The platform is available for all photographers out there and enables them to share the best photographs to earn money as the photos get viewed & shared. ClickASnap not only pays out on a particular set amount, it also shares the platform’s revenue stream to allow more users to utilize the platform & grow. This implies that by sharing the respective links with friends and close ones, the users are able to grow their individual payouts.
With such a stronger foundation for enhancing the overall user base, ClickASnap is aimed at harnessing its services to outrun its strongest competitions including Facebook.
For more information, please visit: https://www.clickasnap.com/
Contact Info:
Name: Tom Oswald, CEO
Email: Send Email
Organization: ClickASnap
Address: Victoria Place, Wimborne, Dorset, BH21 1YF
Phone: 0800 999 49 38
Website: https://www.clickasnap.com/
Release ID: 381100
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