For those that don’t know, Tapatalk is an app which allows access to online forums. The app is mainly designed to provide improved access to forums for mobile platforms over access provided by the forum itself.
The collaboration of EOS and Tapatalk is aimed at rewarding forum owners and their forums communities using Gold Points to help online forums grow and increase the engagement and improve the quality of content contributions. The firm is now incorporating blockchain in its reward system in order to garner the power to make the user experience it better.
Winter Wong is the CEO of Tapatalk who spoke on the partnership saying:
“Blockchain integration is the natural next step for Tapatalk as we see many exciting ways this technology will deliver valuable monetization and reward opportunities for forum communities. We are proud to support forum owners in growing prosperous micro economies in a trusted environment.”
After the announcement by Tapatalk on 21st February, EOS gained more than a 15 percent surge bringing it over the $4 billion market cap. Despite the big gains, the flash crash that occurred over the past day seems to have started the week off on a bad note with EOS down 20 percent on the day leaving it a price of $3.46.
Tapatalk has a mobile app which is used by more than 200,000 forums spread over the world in 186 countries with a registered user base of more than 300 million users. In the app, users are allowed to connect with their top forums and post content in them as keeping up to date when through notifications.
For EOS and the blockchain space, this is a big step forward. The wider acceptance of this technology, the better and closer we get to the all precious mainstream adoption. In fact, this could be the start of something great for other cryptocurrencies that aren’t designed as conventional stores of value such as Bitcoin.
There is a big move awaiting EOS when the market begins to recovery again, only time will tell how it plays out.