StoryFire: A social media platform for both written and video content

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Presentation of STORYFIRE

StoryFire is a social media platform for both written and video content that aligns the incentives of advertisers, content creators, and content consumers. This is accomplished through the circulation of StoryFire’s in-app currency, known as “Blaze”. Blaze points allow stakeholders to interact with the platform. They are intended to amplify and incentivize collaborative storytelling and user engagement with content, which StoryFire founder and successful YouTube producer Jesse Ridgway believes is the key ingredient to building audiences, maximizing creative freedom, and bolstering paid-ad engagement.

Benefits of StoryFire

There are several benefits to using StoryFire as a content creator. Here are some of the most notable advantages:

  • Long-Form Content: As mentioned earlier, StoryFire is an excellent platform for creators who want to tell longer stories. This allows for more in-depth exploration of complex topics and characters.

  • Monetization Options: StoryFire offers creators multiple ways to earn money from their content. This can help to support their creative endeavors and encourage them to continue creating high-quality content.

  • Engaged Audience: One of the biggest advantages of StoryFire is its engaged audience. Because the platform is still relatively new, users are more likely to explore and engage with new content. This can help creators to build a loyal following and grow their audience.

  • Creator-Friendly Policies: Unlike some other platforms, StoryFire has policies that are designed to be more creator-friendly. This includes the ability to have more control over monetization and content distribution, as well as a more transparent algorithm for recommending content to viewers.

  • BLAZE Token: The BLAZE token offers additional opportunities for creators to earn revenue and engage with their audience. The ability to earn BLAZE tokens by watching content and referring new users to the platform can help to incentivize viewers to engage with creators and support their work.

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STORYFIRE ENGAGEMENT POOLS

StoryFire will initially have Engagement Reward Pools that will be categorized in such a way that rewards users who are engaging within the platform based on the specific engagement category. Pre Blaze blockchain implementation, these pools will have allocated funds according to the community engagement sector of the tokeneconomics breakdown.

THERE WILL BE 9 ENGAGEMENT CATEGORIES:

  • Highest number of engagement through user comments
  • Highest number of likes given to videos by users
  • Highest number of tips given by users
  • Highest volume of Blaze transacted by users
  • Highest number of viewing hours by users
  • Highest number of users checking/using the platform on a regular basis via
    Blaze streaks
  • Highest number of users subscribed to creators
  • Highest number of Blaze generated by users tipping top comments
  • Highest number of added friends by users

The top 10,000 users from each reward pool (apart from the staking reward pool which will see all users be paid out for staking their tokens - see below) will receive rewards distributed from that specific pool monthly. The engagement pools will be partially funded by 10% of all transaction fees paid by users conducting transactions on the Blaze blockchain. Each reward pool will be distributing 10% of its allocated holdings a month to eligible users. StoryFire may still allocate additional funds to these pools as special promos, but most of the funds will ultimately come from the rewards pools, funded by transaction fees.

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TOKENOMICS

The circulating supply for Blaze will be 20,000,000,000 where 2,500,000,000 tokens will be allocated towards 2 private sales and 400,000,000 tokens towards launchpad offerings.

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Conclusion

StoryFire takes the safety and security of its users seriously. StoryFire is a new and exciting social entertainment platform that’s worth checking out if you’re a content creator looking for a new way to build your audience and earn a living from your work. With its focus on stories, community, and monetization, StoryFire has the potential to become a major player in the world of social media in the years to come.

For More Information about StoryFire

Website: https://storyfire.com/
Whitepaper: https://drive.google.com/file/d/1Orc--Vre2bSXgdf9fmds9-ROHDIRYyvl/view
Telegram: https://t.me/StoryFireOfficial
Storyfire: https://storyfire.com/
Twitter: https://twitter.com/storyfireapp

Author details :

Bitcointalk username : TP-LINK
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2773944
BSC Wallet Address: 0xc6b0d9a36c89994f4d5a87e9bf1fd0f56ccdc9de

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