Consumers are able to earn cash for posting on their social media about participating products and businesses they love with Thumzup’s platform. The new advertising technology aims to democratise social media branding.
While the initial rollout will only be available for users posting on Instagram®, the plan is to add additional major social media platforms in the near future.
Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) announced that its revolutionary platform has exited beta testing and is now being rolled out in select parts of Los Angeles and the app is available for download through the App Store and Google Play.
The Thumzup mobile app incentivises virtually everyone to become social media advocates for the brands they enjoy by paying them cash for approved posts. This way, social media branding will be democratise.
By democratising social media branding and advertising, the Company believes it has the potential to disrupt the multi-billion online advertising industry. A recent Nielsen report found more than 80% of consumers believe that friends and family are the most reliable sources of information about products .
All users get paid for social media branding
According to a Pixlee article, 64% of millennials recommend a product at least once a month , and according to a 2019 Morning Consult survey, 86% of Gen Z and millennials would post content for monetary compensation .
“The Thumzup Platform has the potential to revolutionise the way brands and companies connect with their consumers,” stated Robert Steele, Founder and Chief Executive Officer of Thumzup.
“Our plan is to disrupt the entire advertising market by allowing non-professional and professional users to get paid for their posts on social media, which is a multi-billion-dollar opportunity. The Thumzup App and associated Advertiser Dashboard are a simple and easy way for people to earn cash by posting about businesses they love. The Thumzup Advertiser Dashboard makes it easy for brands / advertisers to programmatically set up campaigns within minutes.”
For more information, please visit https://www.thumzupmedia.com
Thumzup Media Corporation (Thumzup) is democratising the multi-billion-dollar social media branding and marketing industry. Its flagship product, the Thumzup platform, utilises a robust programmatic advertiser dashboard coupled with a consumer-facing App to enable individuals to get paid cash for posting about participating advertisers on major social media outlets through the Thumzup App. The easy-to-use dashboard allows advertisers to programmatically customise their campaigns. Cash payments are made to App users/creators through Venmo and PayPal.
Thumzup is a publicly traded company (OTCQB stock ticker: TZUP). For more information, please visit https://www.thumzupmedia.com
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This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These include, without limitation, statements about its potential growth, impacts on the advertising industry, and planned expansion. These statements are identified by the use of the words “could”, “believe”, “anticipate”, “intend”, “estimate”, “expect”, “may”, “continue”, “predict”, “potential”, “project” and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results may differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in our filings with the US Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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