System and methods for building a digital asset based social media application and reward platform
The present disclosure relates to blockchain and social media, and more specifically, to a unified engagement platform that incentivizes blockchain use and provides avenues for companies to foster brand loyalty amongst consumers. In accordance with aspects and embodiments, a method of facilitating blockchain use is provided. The method comprises providing a social media platform in communication with a blockchain and providing each user of the platform with a blockchain account. Social media influencers and creators, brands, and retailer users of the platform, referred to as partners, are provisioned with a set of digital collectibles having value and are provided with tools to create additional digital collectibles. A partner's digital collectibles are distributed to non-partner users on the platform that support the partner, users referred to as supporters. Supporters may obtain digital collectibles by purchasing them, by engaging in social media activity that benefits the partner, offering the digital collectible, or digital collectibles may be offered by partners as contest and sweepstakes prizes. The platform uses the blockchain for the construction, management, and distribution of all digital collectibles, and each time a digital collectible is created or distributed, a transaction must be posted to the blockchain to complete the distribution.
1. A unified engagement reward system comprising:
a computer having memory and a processor;
a unified engagement platform, the unified engagement platform requiring programming instructions executable by the processor to operate; and
a computer-readable medium having the programming instructions stored therein, which when executed by the processor, causes the unified engagement platform to be operable to:
receive requests from users to join the unified engagement platform;
register users as one of a partner or a supporter on the unified engagement platform;
create at least one digital collectible for each partner; and
distribute the at least one digital collectible to a supporter by posting a transaction to a blockchain, wherein the posting of the transaction to the blockchain comprises the steps of storing the transaction in a block on the blockchain and giving the block a hash;
wherein the unified engagement platform is in communication with the blockchain and the unified engagement platform provisions each of the users with a blockchain account;
wherein the at least one digital collectible uses the blockchain for its construction and management;
wherein identifying information about the at least one digital collectible is stored in the memory of the computer, and the at least one digital collectible comprises a blockchain asset; and
wherein the blockchain asset is not a piece of a quantity of currency.
2. The system of claim 1 , where the distribution of the at least one digital collectible is determined by a distribution programming.
3. The system of claim 2 , wherein the distribution programming comprises a reward conditions that must be met before distribution can take place.
4. The system of claim 1 , wherein the at least one digital collectible is redeemable for physical goods or services.
5. The system of claim 1 , wherein each partner can create a new digital collectible for distribution.
6. The system of claim 5 , wherein distribution requires a transaction to be posted to the blockchain.
7. The system of claim 6 , wherein distribution is selected from the group consisting of a purchase by a supporter with currency, an award to a supporter as a contest prize, and a transfer to a supporter in exchange for the supporter engaging a predetermined set of activities.
8. The system of claim 1 , wherein the computer is not connected to the internet, wherein the unified engagement platform is operable to conduct the step of posting the transaction to the blockchain after being operable to conduct the step of signing the transaction by using a mnemonic private key.