Snapparazzi is a revolutionary Blockchain-based platform where users get paid for the media content they generate.
Snapparazzi revolves around users creating photos and videos which can be sold to TV, newspapers and other media outlets. App users therefore become freelance reporters whenever they film or photograph events of major importance during their daily lives.
Snapparazzi permanently solves the problem of incomplete media coverage. With over 2.3 billion smartphones in the world in 2017, every user can become a potentially unique and unrivalled source of exclusive footage and photos of newsworthy events. When an event of political, social or entertainment value occurs randomly somewhere in the world, a TV or news crew is not always there to capture it. However, anyone with a smartphone and the Snapparazzi app can record it and earn money by selling it for broadcast to a willing buyer – be it a local news station, a global media giant like CNN or Fox, or an online news outlet.
With Snapparazzi, media viewers worldwide can finally access exclusive photos and videos that they might otherwise never see. In addition, media companies can source exclusive footage in real-time and in a very costeffective way – avoiding the costs and obstacles associated with film crews and reporters. The ubiquity of smartphones, and their increasing number, guarantees an enormous market for content that gives the public more information, improves the quality and thoroughness of news reports and challenges the barriers of censorship.
Snapparazzi’s media content market is powered by the SnapparazziCoin. This Ethereumbased token is used for every transaction and payment within the Snapparazzi platform. The immutable ledger technology of Ethereum, in addition to immediate transferability, ensures that all payments are instantaneous, secure and recorded permanently. This enables Snapparazzi users to be paid wherever they are in the world and media providers to buy content from anyone in the world. Video and photo prices are agreed on by parties on a case-by-case basis through an open action system, depending on quality, marketability, subject etc. Snapparazzi earns money by charging commissions on the transaction value of the generated content.