New Straits Times

LikeCoin boost for content creators

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KUALA LUMPUR: LikeCoin recently announced the creation of more than 30,000 tokens over the Chinese New Year holiday period.

This followed the successful Red Packet programme that saw more than 2,000 people in Malaysia, Singapore, Hong Kong and Taiwan receiving freshlymin­ted LikeCoin.

LikeCoin aims to be the new digital currency for content creators such as freelance photograph­ers, artists and designers.

It aims to grow an innovative blockchain-based ecosystem that rewards content creators globally.

“Leveraging the power of blockchain technology, LikeCoin will tokenise the creative output of artists across the world as their works are appreciate­d and shared,” said founder of LikeCoin, Kin Ko.

LikeCoin creates unique fingerprin­ts for all creative contents and tracks footprints of all derivative works along with creators and distributo­rs of the content.

Its proprietar­y Like Button and LikeRank algorithm enables attributio­n and collaborat­ion of content across multiple platforms and applicatio­ns, allowing content creators and content adopters to curate contents and record the data on blockchain for other distributo­rs to use.

The LikeCoin ecosystem will support creative content in many formats, including photos, illustrati­ons, videos and articles.

Original creators and content adopters can potentiall­y receive LikeCoin from followers on their own service providers.

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