Make Sense Labs, a decentralized apps company backed by venture capitalist Tim Draper, now lets users of its social messaging app earn crypto rewards.
According to an announcement by Make Sense, the tech company on Monday launched the crypto rewards feature on its Sense Chat app first developed in 2018. The app would allow users to earn the company’s native SENSE tokens by interacting with others online, by subscribing to different channels. , inviting new users and creating discussion threads.
Crystal Rose Pierce, CEO of Make Sense and wife of controversial crypto figure Brock Pierce, said the project was created to be free from third-party data collection typically associated with social media and messaging companies. high level like Facebook. She claims that users of the app will retain control of their data while maintaining privacy.
“We believe that a person’s data is only theirs and that the value of that data should be theirs,” Pierce said. “By using Sense Chat, members are empowered to have more control over their experience, reward each other and organize content using their SENSE tokens as a ‘vote’.”
Even messaging apps created with the intention of preserving user privacy have suffered massive breaches. Last year Telegram suffered a data breach that exposed some personal data of its users on the darknet. While the Signal messaging app accepts crypto donations, Sense Chat may be one of the few privacy-focused apps to offer crypto rewards.
SENSE, based on the EOS blockchain, is currently valued at $ 0.005918 at the time of publication with a market cap of over $ 10 million.