A new blockchain-based social media and content delivery platform Hyprr has recently been <a href="https://www.globenewswire.com/news-release/2020/07/28/2068746/0/en/Alpha-Sigma-Capital-invests-in-Blockchain-Social-Media-Platform-Hyprr.html" target="_blank" rel="noopener">introduced</a>.  While developing this all-in-one social media platform, Hyprr kept in mind that apart from the users and the content developers, none other people should get its full control.
<h2>UDOO Backs Hyprr</h2>
According to a business model of Hyprr, initially, it would start working on influencer and then develop a virtuous Flywheel. 

It is to be noted that each of the factors in the business model motivates the next one which stimulates the velocity throughout the platform.

A report states that the utility token UDOO would lend its support to all-in-one Hyprr platform. 

It has been notified that Hyprr would help the users and the content creators in generating new content. The platform has an easy-to-use paywall feature for the sponsors who want to support the content published on the platform via an advertisement.

The company further announced that the content developers can also earn passive income through likes or shares. 

Hyprr has an in-app wallet, which helps the users in buying, selling, and exchanging UDOOs with their own fiat currencies like Euros and US dollars.

The firm is also planning to integrate a new feature so that the users could withdraw their earnings directly without using a debit card. 
<h2>Fireblocks Merged With Hyprr</h2>
The report states that a multibillion-dollar crypto custody and transfer application, Fireblocks has also been incorporated with Hyprr. This application offers security to the digital assets of the institutional as well as retail investors.

While supporting the Hyppr initiative, the CEO of Alpha Sigma Capital, Enzo Villani, recently said that in recent times many of the content creators, whether he is a Youtuber, TikToker or any belongs to any field, are struggling hard to stay alive in the industry. 

Villani further stated, “Hyprr solves those problems, by creating a digital assets monetization system that can leverage efficiencies of blockchain, therefore, allowing more creators to continue to generate income without the harsh thresholds used by these other services.”

Articles You May Read.
<ul>
 	<li><a href="https://blog.cryptoknowmics.com/how-to-choose-cryptocurrency-wallet/">How to choose a cryptocurrency wallet?</a></li>
 	<li><a href="https://www.cryptoknowmics.com/news/strong-reasons-to-buy-bitcoins/">Strong Reasons to Buy Bitcoins</a></li>
 	<li><a href="https://cashbackjazz.com/blog/is-bitcoin-rush-a-legitimate-investment/">Is Bitcoin Rush A Legitimate Investment?</a></li>
</ul>

New Social Media Platform Hyprr Gets Support Of Alpha Sigma Capital

A new blockchain-based social media and content delivery platform Hyprr has recently been introduced to help the content developers.

Jyoti is a graduate from GGSIPU and has done her PG Diploma in English Journalism from IIMC. Presently, she is working as a content writer with Agio Support Solution Pvt. Ltd. Her aim is to provide informative content about cryptocurrency and blockchain, to the tech-enthusiasts.

New Social Media Platform Hyprr Gets Support Of Alpha Sigma Capital

Top Picks