The LowcountryBizSC Entrepreneur Minute is a short interview in support of entrepreneurship.
Rosemary O’Neill, Co-Chief Executive Officer & Co-Founder, Narrative
Narrative is a content community that rewards creators, moderators and all who add value. More than a social network, Narrative is a true online community where users rule and receive 85 percent of revenue.
There are three types of channels: Personal Journals for individual content, Niches for thematic content and Brand Channels for brand-controlled content. User reputation and content ratings (not arbitrary algorithms) minimize the reach of low-quality content while rewarding the best content.
Narrative uses blockchain technology and the NRVE token as the basis for content currency, creating tangible value around user-generated content. Even though cryptocurrency is used to represent value, users can choose to receive payments in standard currency.