Rewards system allows decentralized messaging app users to earn crypto

Make Sense Labs, a decentralized software agency backed by enterprise capitalist Tim Draper, now permits customers of its social messaging app to earn rewards in crypto.

In keeping with an announcement from Make Sense, the know-how firm launched the crypto rewards function on Monday on its Sense Chat app first developed in 2018. The app reportedly permits customers to earn the corporate’s native SENSE tokens by interacting with others on-line, subscribing to totally different channels, inviting new customers and creating message threads.

Crystal Rose Pierce, CEO of Make Sense and spouse of controversial crypto determine Brock Pierce, stated the mission was created to be freed from third-party data-harvesting sometimes related to high-profile social media and messenger firms like Fb. She claims the app’s customers will retain management of their information whereas sustaining privateness.

“We imagine that an individual’s information is uniquely their very own, and the worth of that information ought to be theirs,” stated Pierce. “Through the use of Sense Chat, members are empowered to have extra management over their expertise, reward each other, and curate content material utilizing their SENSE tokens as a ‘vote.’”

Even messaging apps created with the intention of preserving customers’ privateness have skilled huge breaches. Final 12 months, Telegram suffered a knowledge leak that uncovered some private information of its customers on the darknet. Whereas messaging app Sign accepts donations in crypto, Sense Chat could also be one of many few privacy-oriented apps to supply crypto rewards.

SENSE, primarily based on the EOS blockchain, is presently valued at a value of $0.005918 on the time of publication with a market capitalization of greater than $10 million.