Gistcoin is a utility token for all influencers, coaches, speakers, trainers, podcasters, streamers, musicians, artists, exerts, professionals, brands, and content creators from all backgrounds who create content on the GistHouse Audio Conversation Network and who have communities in other Social Media Networks.

We believe that a decentralized token system allows for all creators, including creators from underrepresented groups, to have direct access to their fans and monetization methods

HOW THE GISTCOIN POWERED PLATFORM WILL ACTUALLY WORK
Here is a brief step by step description and visual presentation of how the concept behind GISTCOIN and GISTTV will work when finished.

• Content Creators, their communities and Users register and interact on GistHouse Platform (and other Audio Platforms that adopt the Gistcoin as a monetization token for their network.

• Content Creators are rewarded or compensated by the Audio Network for creating content and engaging users and their community on Gisthouse global community. Users and community members are also rewarded with Gistcoin for activities carried out on the platform (i.e., inviting friends, attending rooms, etc)
• Content Creators can charge Platform Users and Members of their Audio Network community some tokens for access to for their premium or exclusive contents Content (merchandize, courses, books, special sessions, recordings etc

• Users make payments through the portal wallet for content of their choice using GISTCOIN (which can be purchased by fiat money or other currencies available on the platform exchange for those who do not have GISTCOIN)

How does the project create value to the ecosystem and differs from competing projects?
GISTCOIN is a type of electronic token that can be discreetly exchanged for digital contents, products, and services, and subsequently converted into fiat currency.
• It’s a 3rd Party-Independent means of exchange. Payment from Content Consumer to Content Creator can take place without any intermediary.

• Removes national boundaries and local currency issues for free flow of creative content and creative assets. One currency of exchange for content works globally.

• User Anonymity Guaranteed
• Up-to-date encrypted day to day transaction
• Ease of payment for micro purchases and payments for creative works
• Price fluctuation purely by the principle of demand and supply
• Transaction without restriction to fee, time, and space
• Use in all social media platforms internationally.