RATE Group | Social media app Pepo goes live at Devcon 5
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Social media app Pepo goes live at Devcon 5

09 Oct Social media app Pepo goes live at Devcon 5

Posted at 11:13h in Ethereum News by

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OSAKA, Japan—Pepo, a Tencent-funded social media app that pays you when people upvote your 30-second videos, launched at Devcon 5 today. It’s live on Android devices, and is coming to iOS shortly.

Pepo has already attracted attention. In beta, over the last six days, 500 Devcon users have already made 11,500 transactions, using it to connect and collaborate. But it’s set to attract a much wider audience.

The app is a kind of crossover between TikTok and Instagram, but enhanced by—and shockingly, not encumbered by—blockchain. You can send crypto (using Pepo tokens) to people you know on the app, you can use Pepo tokens to upvote other people’s videos, and they can upvote yours. Further, if you end up with enough money on the app, you can cash out with gift cards, such as Amazon vouchers.

And yet, you wouldn’t know there was a blockchain in sight.

Not only is the technology mostly hidden under the hood, but there are none of the traditional drawbacks you get when you use…

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