Kim Dotcom Creates Own Cryptocurrency Aimed at Content Creators

Kim Dotcom has embarked on a project to create its own cryptocurrency that will enable direct monetisation by content creators rather than depending on third parties and intermediaries.

The digital publishing industry is confronted with the outcry of fraud and poor remuneration for publishers among other vices. The bulk of these problems are blamed on the opaque nature of the industry due its hugely centralized configuration.

For an industry where billions of people participate on a daily basis via the internet and the search for content, the existing formation is plagued with a lot of limitations.

As a matter of fact, in 2016 Adobe estimated the losses in global ad-revenue to be in the region of US $42 billion. These were losses resulting from ad-blocking acts by users for which the US alone accounted for about 45 million.

A Direct Transaction Channel

The Kim Dotcom ecosystem is focused on enabling a direct and easy process for both publishers and consumers to conduct…