Businesses marketing their products want REAL engagement to create a network effect.
This effect is amplified when consumers share their organic sentiments about the products within their social circle.
4/14 What’s in it for the consumers?
Without incentives, why would they be inclined to help promote brands that they like?
This is where SocialPay.App comes in - it rewards users with $ZIL for completing tasks related to their favourite brand’s campaigns.
5/14 Brands utilise SocialPay.App for their marketing campaigns to increase engagement volume & sales. This bridges traditional companies & the #crypto space.
Spam transactions clog up the network, making meaningful transactions slower. This is why the next ZIP is important for #Zilliqans to vote and discuss on.
The problem? Spam. The proposed solution? Increase transaction costs from 0.002ZIL to 0.1ZIL.
Before you grab your pitchforks out, listen up, there's a reason why this makes sense!
(3) The increase in transaction costs makes it hard to spam the network. A million txns presently costs 2000 ZIL, the change would bring it to 100k ZILs. This makes it harder for our network to be targeted by spam attacks.