New Tipbot Uses Cryptocurrency to Incentivize People to Answer Questions

Published on by Cointele | Published on

A new kind of cryptocurrency tipbot allows users to pay others to answer their questions on social media, providing a new tool to pool data in the ecosystem.

Liser Lee of CCTip told Cointelegraph that the system can help drive engagement or generate expert commentary.

The company is also considering a system pays the poll respondents instead.Other than Twitter, CCTip will also work on Telegram, Discord, WeChat and on Reddit as well.

Lee explained to Cointelegraph that using a cryptocurrency-powered system is more effective when interacting with crypto enthusiasts compared to traditional systems.

Lee showcased the system on May 18 by asking Bitcoin ABC lead developer Amaury Sechet if he believes Bitcoin Cash's value can exceed the value of Bitcoin.

Sechet was paid 0.5 BCH to answer the question he was asked on Twitter through the system.

" an effective way to get your question answered by a celebrity.

If you raise a good question, answering the question is a good way to show your opinions.

As Cointelegraph recently reported, blockchain firm Aeternity recently launched its own social media monetization tool, which supports tipping in the form of Aeternity's native coin, AE. The ever-changing landscape of cryptocurrency regulation still often threatens companies operating in the space, including tipbot services.

In mid-May, XRP TipBot, a service enabling users to transfer XRP to each other via comments on Twitter, Reddit and Discord, managed to save itself from having to shut its operations due to new regulations by partnering with digital payment platform Uphold.

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