We all understand that businesses have a lot of financial power, which can be used for the good of the global well-being of societies. As a company, Birdchain is committed to more than providing the best services for their customers - they care for all people. They are willing to do as much as they can in order to change the world for the good.
Changing The Oligopolistic Market With GBI
SMS market is valued around $60 billion. Currently, the majority of this pie goes to a few oligopolistic aggregators. Birdchain does not believe it’s fair and they’re willing to change it. With Birdchain, the company has created a system that would allow anyone who has a phone to have a piece of that pie. What makes it even more appealing is that their business model is aimed specifically at creating a passive income. Their Instant Messaging app will not only be a fantastic decentralized application to chat with friends but also it will earn cryptocurrency for the text messages that will be sent in the background, earning you money without any effort.
Receiving a certain amount of money each month additionally to what you get for your main work is essentially receiving a Global Basic Income. GBI is strongly advocated by researchers, as it would help to reduce poverty and increase equality. However, most of the businesses are against it, as they are led by old stereotypes. Birdchain, on the other hand, knows that GBI is a solution to many global problems, and is happy to introduce a way that could help it happen.
The Issue Of Wage Gaps
Wage gaps are another great issue globally, and oligopolistic companies mainly cause it. By dominating a certain sector, they have the power to dictate everything from quality, to prices and salaries. Those who are in executive positions surely enjoy the perks of them, however, the majority of people, who are either forced to work in lower positions, or buy the essential services without having plenty of choices, are not treated fairly. They don’t have much bargaining power, thus having to agree with the rules set by the managers. By creating a source of income that can be received by anyone owning a phone, Birdchain will take that power away, and will divide it equally among people. Each person will be able to choose to receive money passively and even adjust the amount of it. You, as a customer, will be able to decide how many messages you are willing to sell, and thus how much money you’ll earn at the end of the month. Businesses that will use their services will consequentially have a better choice of SMS marketing service providers, and, also, will gain a stronger bargaining power. They will finally be able to say ‘no’ to overpriced aggregators, often even with poor customer service. As a result, they will be forced to improve the quality and lower the prices or run out of business.
An Extensive Solution To The Problem
SMS marketing, however, is not the only way Birdchain will contribute to creating GBI. Integrated marketing is another service that will allow you to earn coins. By simply watching video ads, you will be able to increase your account balance. The principle is simple and slightly reminds of that used in some video games: you watch an add and this allows you to get to a new level. Except instead of extra level you receive a Birdchain coins. You will be able to use those coins as you wish, for example, accessing premium content. Websites that require an expensive subscription will become available for a certain amount of crypto coins you’ve earned passively.
Simple Way To Get Basic Income
To sum up, Birdchain is here not only to introduce yet another service. They are here to improve everyone’s life. By only allowing users to use a certain amount of their SMS for marketing, they will earn a passive income. A self-balancing distribution algorithm will ensure that all their users are paid equally, fairly, and transparently.
Birdchain ICO starts November 18, 2017. Visit www.birdchain.io for more information.
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