RATE Group | Cheez is rolling out a cryptocurrency integration… but it’s centralized
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Cheez is rolling out a cryptocurrency integration… but it’s centralized

08 Aug Cheez is rolling out a cryptocurrency integration… but it’s centralized

Posted at 14:22h in Cryptocurrency News by

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Social video app Cheez, which boasts over five million installs across Android and iOS, is rolling out a cryptocurrency integration that will let users earn Bitcoin (BTC) and Ethereum (ETH). But there are a few caveats: the reward ceiling is pretty low – and the integration is mostly centralized.

The video app, developed by livestreaming household name LiveMe, will require users to complete a series of daily tasks (anything from sharing videos to uploading content) to earn their coins.

But before you get your hopes up Cheez might be a new career avenue, the daily limit for rewards is capped at 0.00352 ETH or 0.000241 BTC – about $1.50 at the current rates. So not exactly enough to make a living out of posting short clips online.

“This new integration with Contentos allows us to reward our users for their daily contributions to the Cheez community, while also introducing a new audience to crypto and blockchain,” LiveMe CEO Yuki He told Hard…

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