Narrative, the blockchain-based content platform, has added Blackmoon Crypto COO Sergey Vasin to its advisory board. Mr. Vasin joins marketing keynote speaker Christopher S. Penn, author Michael B. Moore, vlogger Chris Pirillo, and Ancestry.com founder Paul B. Allen.
Mr. Vasin manages Blackmoon’s business development, company’s operations, and finance personnel. Before joining the founding team of Blackmoon in 2014, he served as a financial analyst and investment director for a venture capital fund.
Narratives takes the power out of the hands of the corporations behind social networks and puts it back into the members who create the content. Members have total control over the social communities they help create, and all actions on the network are completely transparent. The user body appoints its own moderators and even decides which ads run on the platform. Members earn money from any kind of contribution: writing posts and comments, posting images, and monitoring content.
Narrative’s value is represented by cryptocurrency, based on the Ethereum blockchain. Blockchain allows the network to be instantly funded, so that users are paid for their efforts, even while the network is in its infancy. However, even users who know nothing about cryptocurrency can easily take part in Narrative, and can choose to receive rewards in fiat currency.
“We’re honored that Sergey Vasin has agreed to join our board of advisors,” said Ted O’Neill, founder of Narrative and Social Strata. “We’ve assembled a powerful team of experts, and we believe that our combination of business expertise, proven technology, and self-sustaining economic model will help propel Narrative to success.”
“Narrative offers an exciting new use for the blockchain, and it’s going about it in the right way: giving members the power to govern their community and making sure that they profit from the content they create,” Mr. Vasin added.