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BITLANDERS: SOCIAL MEDIA THAT PAYS BITCOIN

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what is #Bitlanders?#BitLanders, formerly known as the #Film #Annex, is a #social #media #site that pays its users in...

Posted by Bitcoins Philippines on Sunday, June 14, 2015

BITLANDERS REVIEW: SOCIAL MEDIA THAT PAYS BITCOIN

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BITLANDERS

The Film Annex was started in 2006 by Italian entrepreneur Francesco Rulli with the aims of providing film makers a site to promote their work and help fund their projects with a shared advertising model. This model would soon inspire Mahboob and Forough in 2012 when they founded the Women’s Annex to promote online and digital literacy for women and children in their area of Central Asia. It would be later that they would incorporate Bitcoin as their method of paying users because it would be able to provide a safe, quick and global way to send funds to users around the world.

Social media that pays… but how?

"Click hereto start!"

BitLanders works by calculating your social engagement into a ‘BuzzScore.’ The BuzzScore is a competitive ranking from 0 to 100 that reflects your ability to involve users on your posts, blogs, videos, pictures, content, you name it. This takes into account how many people subscribe to your content, ‘buzz’ (which is like a facebook ‘like’) your content as well as comment. After your BuzzScore is calculated at the end of every day, you are given a certain amount of Bitcoin as reflected by your BuzzScore and the current Bitcoin price. This money comes from a shared advertisement model. (At the moment, BitLanders does not have any ads; they are anticipating returning to advertisements with a native advertisement model as well.)

Now that I’ve gotten the basics out of the way, let’s review the site.

Usability

You can use BitLanders similarly to how you use Facebook, WordPress, Twitter and Tumblr making the site versatile and easy to use. There is a slight hitch – in order to keep the site fruitful to positive social media and creative content, the BitLanders team monitors what is posted so that it doesn’t land the site in hot water; It’s a good thing and a bad thing. Ultimately, because you have access to other social networking sites, BitLanders itself provides a unique experience aimed at the content creator.
The site is slow, however. With more and more users joining, the site gets bogged down with requests and many times keeping the site from loading. The BitLanders team is working hard to address this issue, but being a centralized organization over the content being shared, it’s not always that easy.

Usability: 3.5/5

Content

BitLanders has its own unique experience. Instead of a profile picture, you have an avatar that you can edit to reflect you physically, metaphorically, or in any way you want. Personally, I like that more than having to judge someone on profile picture alone. It removes the personal face from your content and makes the site much more content-based.
Unlike Facebook, you’re not going to see a lot of angry political banter or inflammatory. Unlike Tumblr, you’re not going to see sexually explicit content. The closest platform I would compare it to is Twitter, given that BitLanders allows you post in 160 characters ‘microblogs,’ however you can post full blog posts which emulate Tumblr’s format. You can also post ‘Galleries’ which remind me of Facebook’s albums and you can upload your films which is pretty straight forward.

Content 4/5

Community

There is a vibrant community of content creators here and they post a lot of great work – from stop-motion animation to updates on feature films; from experimental photography to personal thoughts. There is a lot to find and what’s even better is that they’re very diverse. It’s easy to find film makers and photographers, graphic designers and animators and many more from all areas of the world. I personally enjoy the videographers who show me artifacts and landmarks in countries I may never visit.
However, because BitLanders has the appeal of paying Bitcoin as according to their buzz score, it has attracted a lot of people who just want the money, so they keep asking for unwarranted engagement to falsely push up their buzzscore. This tends to create a lot of clutter, but the BitLanders team is trying to comb through their users and find out which are just fake, empty accounts that don’t create any good content or post content that is not their own.
If you choose who you subscribe to and you keep focused on content, you should have no problem in finding a great community to share with.

Community: 4/5

Revenue

After about a month, I’ve accrued almost $35 in Bitcoin.

Personally, I don’t see my experience with BitLanders as primarily a way to get money, but it is a great bonus. If you regularly post, it’s not uncommon to reach a medium buzzscore of 50, in which you’ll be paid about $1 a day in Bitcoin at that current trade value. Your revenue is paid in denominations of bitcoin, so when bitcoin rises in value, so too will your account’s revenue, but also will follow suit when bitcoin drops in value.
At the moment, the BitLanders team has implemented a bonus system, where you’ll get +1 to your BuzzScore for every person who subscribes to you in that day, with a maximum of +10 for the day. You can get additional bonuses if you invite others to BitLanders.
Here’s the rub, you have two options with your revenue: Either you can use your bitcoins in their on-site store to purchase a wide variety of gift cards from Amazon to Skype, or you must wait 75 days and have a balance of over .2 BTC in order to withdraw your bitcoins to an external wallet.
Here’s an even bigger rub for US members – in order to stay away from any legal ground area, BitLanders require that before withdrawing Bitcoin, you submit your social security number or tax ID number as well as a mailing address. While I have seen a number of accounts located in the US, it just goes to show you how overbearing US regulation have become in their staunch stance against ‘money laundering’ and ‘trafficking.’ Once again, I wouldn’t focus social media on money alone. I enjoy BitLanders because I get to post my work, engage an international audience, and pick up a few bucks here and there, without those useless ‘get free bitcoin’ sites.

Revenue: 3/5

more on: #Bitlanders

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What is Bitcoin?

In non-technical language, Bitcoin is a digital currency in which transactions can be performed without the need for a credit card or central bank. It's designed to enable users to send money over the Internet in a very simple and efficient way.

What is Bitcoin Address?

A Bitcoin address is a unique identifier which allows you to receive Bitcoins. With PayPal you send funds to an email address, and similarly with Bitcoin you send funds to a Bitcoin address. For example, this is one of our Bitcoin addresses: 17YnaKEJ3uk8NWzgBTkjuRxscCMqc8nddg
Please verify that you have copied the destination address exactly before sending Bitcoins to it. ("Bitcoin transactions are not reversible!")

Who runs Bitcoin? What is the company behind Bitcoin?

In short, no one runs Bitcoin. Bitcoin is run collectively by the users who uses the Bitcoin Client, and any changes to the Bitcoin system have to be approved by the majority of users before they are implemented.

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Who is Satoshi Nakamoto?

While we may not know who he (or she) was, we know what he did. He was the inventor of the bitcoin protocol, publishing a paper via the Cryptography Mailing List in November 2008.
He then released the first version of the bitcoin software client in 2009, and participated with others on the project via mailing lists, until he finally began to fade from the community toward the end of 2010.
He worked with people on the open-source team, but took care never to reveal anything personal about himself, and the last anyone heard from him was in the spring of 2011, when he said that he had “moved on to other things”.

But he was Japanese, right?

Best not to judge a book by its cover.Or in fact, maybe we should. “Satoshi” means "clear thinking, quick witted; wise". “Naka” can mean “medium, inside, or relationship”. “Moto” can mean “origin”, or “foundation”.
Those things would all apply to the person who founded a movement by designing a clever algorithm. The problem, of course, is that each word has multiple possible meanings.
We can’t know for sure whether he was Japanese or not. In fact, it’s rather presumptuous to assume that he was actually a ‘he’.
We’re just using that as a figure of speech, but allowing for the fact that this could have been a pseudonym, ‘he’ could have been a ‘she’, or even a ‘they’.
Does anyone know who Nakamoto was?
No, but the detective techniques that people use when guessing are sometimes even more intriguing than the answer. The New Yorker’s Joshua Davis believed that Satoshi Nakamoto was Michael Clear, a graduate cryptography student at Dublin's Trinity College.
He arrived at this conclusion by analyzing 80,000 words of Nakamoto’s online writings, and searching for linguistic clues. He also suspected Finnish economic sociologist and former games developer Vili Lehdonvirta. Both have denied being bitcoin’s inventor. Michael Clear publicly denied being Satoshi at the 2013 Web Summit.

Adam Penenberg at FastCompany disputed that claim, arguing instead that Nakamoto may actually have been three people: Neal King, Vladimir Oksman, and Charles Bry. He figured this out by typing unique phrases from Nakamoto’s bitcoin paper into Google, to see if they were used anywhere else.
One of them, "computationally impractical to reverse," turned up in a patent application made by these three for updating and distributing encryption keys. The bitcoin.org domain name originally used by Satoshi to publish the paper had been registered three days after the patent application was filed.
It was registered in Finland, and one of the patent authors had traveled there six months before the domain was registered. All of them deny it. Michael Clear also publicly denied being Satoshi at the 2013 Web Summit.
In any case, when bitcoin.org was registered on August 18th 2008, the registrant actually used a Japanese anonymous registration service, and hosted it using a Japanese ISP. The registration for the site was only transferred to Finland on May 18th 2011, which weakens the Finland theory somewhat.