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Belacam

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belacam

Belacam

The Ambia Fund is leading the business development of the Belacam startup. We make executive decisions, conduct marketing, organize research and development, and provide funding for Belacam.

Reasons for Initial Investments
  • Acquisition Potential
  • Paired with Bela
  • Proven Market
  • Opportunity to play an active role in Belacam's business development
Our Accomplishments
  • Sourced Programmers and Designers
  • Led Belacam to Closed Alpha Testing
  • Submitted Belacam Press Release through PR Newswire
  • Manage Belacam's Public Relations

Belacam creates what we think is the fastest and most fluid exchange of money in the world. At the click of a button or the tap of a finger,one user is able to transfer money from his account to another. - The Ambia Fund

“Snap. Post. Paid.” is the slogan of Belacam, the site that couples likes with real payments of money. The system works on a one-to-one ratio where the money that the poster receives comes from the user who liked the post. That is, when Dave likes Sally’s photo, Dave automatically gives Sally a few cents from his own account. Sally can withdraw that money or use it to like other posts later.

Will users actually pay money to like other posts? We know they will. Many artists, photographers, and social media personalities have masses of loyal followers. A good portion of the dedicated followers are open to giving a small amount of money as their way of showing appreciation for the content being produced.

Belacam began open beta testing in April and has amassed over 3,000 users. The site is slated for a gamma launch in Fall, 2017.

To accomplish all of this, Belacam is making use of the Bela cryptocurrency.

With Bela, we are able to make what we call the easiest, most fluid exchange of money in the world. At the click of a button or the tap of a finger, one user is able to transfer money from his account to another. In a trial conducted during closed testing, one user was able to pay 14 individuals separately in just 10 seconds.

Without a doubt, this technology is the start of building a new form of social media economy. The social media world is watching how this plays out. If Belacam succeeds, other platforms will be forced to adapt or get left behind.