Woonkly and GXChain Partner to Implement Traceability with Blockchain
Estonian startup Woonkly meets the Chinese company GXChain to add new services and expand in new markets together
April 6th, 2020 — Woonkly has closed an agreement with the Chinese company GXChain to partner looking forward to achieving common milestones. On one hand, the Estonian startup Woonkly provides an automated platform to watch and promote videos. On the other hand, GXChain offers a series of decentralized services focusing on traceability and security of the users’ rights thanks to their blockchain. Moreover, GXChain counts with integrated services, such as UnionPay.
Woonkly and GXChain are looking forward to expanding their influence in Asian and Latin American markets, respectively. The partnership will bring numerous benefits and synergies to achieve new milestones in collaboration. You can learn more about how both platforms work and their blockchain-based products in this press release.
¿What is Woonkly and How Does it Work?
Woonkly proposes a change of paradigm in the advertisement industry. By using our platform, the advertisers are in direct contact with their audience without any middlemen, with complete transparency and being available at a budget. Some of the potential benefits of the decentralized solution by Woonkly are the following:
- Cutdown of operative costs,
- Viral diffusion at a budget, and
- Cost-per-Conversion (CPC) Optimization.
Moreover, making the process automatic from A to Z makes it possible for users to earn rewards. Followers may collect tokens (WOONK, already available on LAToken) in proportion to the time they dedicate to watching videos. In other words, they make money for watching their favorite videos! The Woonkly 2.0 platform will bring several updates on the platform (currently v. 1.6). Some of the features available for the users are the following:
- Deposits of ETH to use in the platform as WOONK,
- Advertisement campaigns customization,
- POCs hunting to gather WOONK,
- Withdrawals (WOONK) available at any moment.
There is no other working platform that automatizes to this extent the advertisement and broadcasting processes for each participant in one ecosystem.
¿What is GXChain (GXC) and How Does it Work?
GXChain (GXC) is a Chinese company that positions in the current market as a P2P decentralized data security ecosystem providing privacy to users with the blockchain. The ecosystem is protected with the DPoS consensus, i.e. the delegated proof of stake method. Some of the actions users can perform with the implemented applications on GXChain are the following:
- Upload/download files into/from the decentralized network,
- Manage the access to own digital creations (multimedia), or
- Perform computing tasks, and much more.
What’s more, GXChain has BlockCity, a mobile application that offers decentralized apps, also known as dApps, and shares mining rewards within its user base. Some of the available actions with this set of dApps are the following:
- Receive digital actives,
- Create a digital identity, G-ID,
- Use the decentralize file manager IPFS,
- Monetize content, and
- Access to numerous dApps in the marketplace.
The GXChain ecosystem also has decentralized digital stores that operate in a P2P network to prevent private data to be vulnerated. Unlike the regular case on the Internet, users really have complete control over the access to their info through the tools available in this network.
GXChain has been on the market since June 2017. The GXChain token is available for trading on several exchanges, such as Bit-Z, Huobi Global, MXC, Binance, Bithumb Global, etc. The GXC token has 60.000.000 GXC in circulation out of a max supply of 100.000.000 GXC. Moreover, the GXC token has a market cap of $ 25.432.845 at press time.
Despite the current global situation caused by the COVID19 pandemic, the crypto market is active nowadays. We look forward to working on synergies to spread the word on the blockchain and its traceability capabilities.
Written by César Patiño, PR Manager at Woonkly.
