What is Uptrennd?
Quoted by their whitepaper:
Uptrennd is a new-era social media platform, created with the sole purpose of empowering the people. Uptrennd stands on four foundational pillars: Freedom of Speech, Data Security, Equality of Opportunity and Distribution of Wealth. On Uptrennd, your private information will never permisionlessly be sold, and you will earn ~80% of all advertising revenue generated on the platform, alongside all other members. Uptrennd is a movement to shift the wealth and power from the corporations, back to the people. Bloggers, photographers, videographers, musicians, podcasters, selfie-aficionados, and all other content creators, are now able to monetize and thrive through their posts and passions like never before.
So, basically it is another platform amongst others social media [3.0] platforms (like Narrative, Sapien, Hyperspace, Steemit, Minds, etc..) that are empowering the content economy where users are rewarded for their activity on the platform like posting, commenting, voting, etc..
HOW IT WORKS?
Every time a member’s post or comment is upvoted, they receive a number of points based on their level (at beginning you receive 1 point when you post or comment get upvoted). To earn more points a user can level up. All members can upvote without paying any fees and there is also a downvote option.
When another member shares your post, and it’s then upvoted on their feed, you’ll split the profits 50/50.
Users who earn the most points every month/week receive bonus tokens. Weekly & monthly leaderboards are displayed on the home page.
You can also receive points by being active in the platform, so logging on it and doing votes and things like that.
You can read more here: https://s3.us-east-2.amazonaws.com/uptrend/pdf/Uptrennd%20White%20Paper%20Jan%202018%20-%203-1549344449.0_Graphic
ABOUT CASHOUT
Rewards are given in points. If you want to cashout you should convert them in tokens.
Exchange your points for 1UP tokens. 1UP tokens can then be sold on a third party exchange for cash.
OTHER INFO
- You can donate points to others
- All users can create a niche for 100 points ($5)USD. Niches can be either public, private, or paid subscription.
