RATE Group | Social Video App Cheez Now Offering Cryptocurrency Rewards
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Social Video App Cheez Now Offering Cryptocurrency Rewards

10 Aug Social Video App Cheez Now Offering Cryptocurrency Rewards

Posted at 10:05h in Cryptocurrency News by

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Social video app Cheez announced recently that it will soon be integrated with Bitcoin and Ethereum rewards for users. Some, however, are skeptical of the reward cap and centralization.

Bringing Cryptocurrency To The Masses

Cheez, a social video sharing app designed by its Chinese parent company LiveMe, is taking a dive into the world of cryptocurrency by integrating a system that will reward its users with Bitcoin00, Ethereum, and a native Ethereum based ERC20 token.

Cheez was launched in August of 2017 as an application where users could make short video clips and share them with friends or across the platform, similar to other popular applications like TikTok and the now-disabled Vine. It currently has over five million installs and is most popular with the teen and young adult demographic.

LiveMe CEO Yuki He sees an opportunity to bring the world of blockchain and cryptocurrency to this enormous group of young web-obsessed users. This new integration will allow users to take…

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