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Editor's PiCK

"Get Bitcoin and STAT Coin for Sharing Articles"... BloomingBit and STAT Launch 'Share to Earn (STE)'

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Bloomingbit Newsroom
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Summary

  • BloomingBit and STAT have announced the launch of the 'Share to Earn (STE)' service, which rewards users with digital assets such as Bitcoin and STAT Coin for sharing articles.
  • STE aims to expand the real demand for tokens and cryptocurrencies, and intends to increase the reward pool through collaborations with various blockchain projects.
  • STAT tokens are planned to see enhanced utility this year through two major services: the Story blockchain and Bloomingbit Alpha.

Available to participate via the BloomingBit website

Story, Kaito, Taiko join the first campaign

Large-scale event throughout July

BloomingBit, a digital asset subsidiary of Korea’s largest economic media group Hankyung Media Group with 14 million digital subscribers, and STAT, a utility token (coin) providing virtual asset (cryptocurrency) investment information, announced on the 30th that they are launching the 'Share to Earn (STE)' service.

STE is a system where users receive rewards (Earn) by sharing (Share) BloomingBit article content. The more shares a user generates, the higher the rewards they receive. The reward pool consists of tokens paid by each foundation as marketing costs or STAT purchased on the market.

Participation is simple. After signing up on the BloomingBit website, users can generate a unique personal article link on the 'Reward' page and share it. If the shared link receives more views, the user earns more rewards based on those views.

The first STE campaign starts at midnight on July 1. In addition to STAT, the first campaign includes participation from the blockchain-based intellectual property (IP) infrastructure project 'Story (Story, IP)', the Info Finance project 'Kaito (KAITO)', and the Ethereum Layer 2 blockchain project 'Taiko (TAIKO)'. This week’s campaign features STAT and Story, next week will feature Kaito and Taiko, and new foundations will join the campaign sequentially every week thereafter.

Events will also be held. For the event “Share News and Get Bitcoin” running on the BloomingBit platform throughout July, additional Bitcoin and STAT Coin will be given to those who participate in the STE event.

The top monthly leader on the Leader Board will receive ₩5,000,000 in Bitcoin, 2nd to 5th place will receive ₩1,000,000 each in STAT Coin, 6th to 20th place ₩200,000 each in STAT Coin, and 21st to 100th place ₩50,000 each in STAT Coin — all provided in addition to the standard STE rewards. Every participant who ranks among the top 100 in the weekly ranking will also receive a ₩10,000 Naver Pay gift certificate.

Various benefits are given to users who post words of support on their social networks as instructed on the BloomingBit event page. Of users who post a message of support on X (formerly Twitter), 10 will be selected to receive the “Best Content” award (₩500,000 in STAT each), and 100 will be selected for the “Good Content” award (₩30,000 in STAT each). Additionally, 200 users who share campaign articles and post their opinions on X will receive a ₩5,000 Naver gift certificate.

Furthermore, 200 users who leave comments on the campaign article within BloomingBit will be randomly selected to receive an additional ₩5,000 Naver Pay gift certificate. Detailed information on the event can be found on the ‘Reward’ and ‘Event’ pages of the BloomingBit website.

Meanwhile, STAT has partnered with BloomingBit to provide content, data, and marketing solutions to individuals and institutional investors. Major partners include World, Hashed, and Presto Labs.

Together with BloomingBit, STAT will launch an institutional investor-exclusive platform, ‘Bloomingbit Alpha,’ later this year. By purchasing, holding, or locking up STAT tokens, users can access exclusive financial information content provided by STAT and Hankyung BloomingBit.

All services provided by STAT operate on the Story blockchain. Story has received three consecutive lead investments from a16z, the largest venture capital firm (VC) in the U.S., and has been recognized with a valuation of approximately ₩3 trillion. Grayscale, the largest digital asset management company in the U.S., named Story one of its top 20 coins for the second quarter of this year. On the 30th, it was announced that Story had joined as a strategic investor in STAT.

Juhwan Park, Co-CEO of STAT, said, “This year, two major services will be launched on the Story blockchain to create real-world demand for STAT tokens. One is STE for B2C (business-to-consumer), and the other is Bloomingbit Alpha for B2B (business-to-business). We sincerely thank all holders for their patience over the long period of development and will do our utmost to greatly enhance STAT token’s utility through these two services.”

Sanha Kim, CEO of Hankyung BloomingBit, said, “We are glad to have successfully launched the STE service with STAT, a key partner of BloomingBit. This STE represents a new way to distribute content and is significant as the first attempt to integrate a Web3-based reward system into the user experience in a way that can enhance token value. We will continue collaborating with various projects to create new value and content.”

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Bloomingbit Newsroom

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