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BitQuick Creates Its Own ZapChain Community
In order to bring together and expand the peer-to-peer trading userbase, BitQuick, a leading P2P trading platform, has announced its own ZapChain community.
ZapChain describes itself as a collection of communities where one can earn bitcoin for posting great content and joining discussions. It allows users to use microtransactions (or tips) as a way to reward other users for participation, which acts as an incentive to content creators to publish quality content, since good posts are often rewarded by other members of the community with small tips. It also offers paid “bounties” in order to boost the visibility of posts, and fights censorship by allowing free, open and uninterrupted communication.
The service has several thriving communities for emerging technologies (bitcoin, virtual reality, 3D Printing, and others) and the companies supporting them.
The company said that the new ZapChain community will provide an easy way for users to communicate with one another about the platform. Users will be able to discuss different selling strategies, support issues, new features and more. BitQuick will also be able to review the opinions, experiences and feedback of its user base, which in turn will help it to create a better user experience.
“ZapChain was one of my favorite startups I heard about when I was out at Boost VC. Incentivizing content creators with microtransactions is a revolutionary idea, and is a great use case for Bitcoin. Even more amazing is that all of ZapChain's transactions are performed on the blockchain using Blockcypher's microtransaction API!” BitQuick Founder and CEO Jad Mubaslat said in a statement.
BitQuick made remarkable progress in 2015: towards year end, 30 day trailing volume rose to $1,200,000 (up from $100,000 seen at the beginning of the year) and 30 day trailing new users eclipsed 700 (up from 50 recorded at the beginning of the year). Since launch, the company has processed over $11,000,000 in transactions.
Mubaslat attributes this success to the company’s admission in February 2015 to the 5th Tribe of Boost VC, the largest Bitcoin accelerator in the world.