Sharpay - The Share Button with Blockchain Profit

Did you know that there are currently over 1 billion websites, and that this number is growing by more than 50 million per year? Out of these just 30 million use share buttons. Besides this, there are over 3 billion social network users, and the social network advertising cost is expected to reach over $50 billion by 2019. Many popular social media users are looking to monetize their profile through social media advertising.

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What is Sharpay?

Sharpay enables active social media users to monetize their popularity, by allowing them to earn cryptocurrency. To do this, Sharpay provides a simple share button, this share button replaces older share buttons and offers a number of technological advantages including fraud protection, bot protection and audience targeting. By using the buttons offered by Sharpay, users benefit from the blockchain profit sharing platform. It is thought that the targeting features offered by Sharpay, in combination with the click-through rewards will lead to higher traffic and sales conversion for sites, whilst clicking Sharpay links will be fairly rewarded.

Technological Advantages

The Sharpay system offers a number of technological advantages over traditional systems. These advantages are expected to enable Sharpay to capture

 These include;

1.    Simple integration: The multisharing buttons offered by Sharpay can be easily integrated into any website in less than 30 minutes, and allows automatic sharing on several platforms at once.

2.    Fraud protection: The Sharpay system offers protection against click manipulation and bots by limiting the amount of multi-sharing revenue paid per unit time to counter the cheaters.

3.    Targeting: websites using Sharpay buttons can target users, to optimize the number of tokens being paid out to click-throughs. This can also be used to target specific audiences also.

Sharpay Buy Back Scheme

One of the promising features of Sharpay is its token buy-back scheme. Sharpay aims to use 90% of the company’s revenue to buy back its own tokens. To do this, the company will place a smart-contract for the purchase of a fixed number of tokens per 30 days. Sharpay users will be informed of the opportunity to sell their tokens, and can send in their tokens until the smart-contract has reached the pre-defined number to accept. Once the date is over, payments are sent to those who contributed their tokens.

Who are the team behind the project?

The Sharpay team consists of more than 10 people from a broad range of backgrounds, including several entrepreneurs, engineers, financial executives, developers and marketing experts. Besides the core team, Sharpay also has three high profile advisers on board, including Simon Choi, an international lawyer, and top expert at ICO bench; Ken Huang, CEO of Distributed Business Applications and Director of Cyber Security for the CGI federal office. 

37% of the total supply was allocated to the recent Sharpay ICO (source)

The executive team behind Sharpay is as follows;

Anton Solidikov: CEO – Anton is an inventor, entrepreneur and blockchain activist. Previously CEO at Balalike and CMO at GOLOS.io, he has extensive experience of content monetization systems.

Igor Karavaev: CBDO – Igor previously served as executive director at the Skolkovo Foundation, one of the largest start-up accelerators.

Arkady Yasashny: CFO – Previously top manager of the largest Russian banks (VTB, MDM and Union) and an investor in high-tech start-ups.

Alexey Stukarchuk: CTO – Experienced developer of ERP and CRM-systems, and worked for several companies including Skoda, Bosch and Ulmart. Has developed several mobile apps and heads the development team at Sharpay.

Our review

The social media marketing industry is huge, and so too is the influencer market. Sharpay looks to leverage the power of active social media users, whilst allowing them to benefit from their popularity in a more direct way. Overall, we find this project very strong, with a strong team, and has clear potential in an ever-growing market. For these reasons, we give Sharpay a well-deserved 8.7/10.

If you found this interesting, you can find out more below;

Website: https://www.sharpay.io/
Whitepaper: https://sharpay.io/files/Sharpay_White_Paper_EN.pdf

About me;

Bitcointalk username: jamalaezaz

Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=721115

Ethereum address: 0x05CAbdFE623E127a034B19349180984E8bB051C5