US Business News

Monytize: A New Social Media Platform that Gives Back to the Community

Most individuals spend a lot of time online, especially on social media. And while social media has been a way for people to make a name for themselves or their brand, some think there should be a new type of social media site where users can have additional benefits while also giving back to the community. Enter the Monytize app. This newly developed app is an innovative new social media platform that transforms social media users into monetizers and philanthropists. 

Monytize launched the app’s beta version on September 1, 2022, to a global audience, giving international celebrities, artists, influencers, brands, universities, entrepreneurs, and athletes a new platform where they can affect change in the world. Here, content creators will be compensated each time their content is purchased, making it an excellent incentive for using the app. But aside from that, what sets Monytize apart from other social media platforms is that they will also donate a portion of their sales to charities, schools, hospitals, churches, and other nonprofit organizations around the world.

Monytize is a social media platform, so it also has features familiar to most online denizens, such as unique profiles, in-app messaging for socializing and networking, and sharing content like photos and videos. The platform also offers movies, music, and video games. The platform aims to revolutionize how content is created and shared and allow creators to help a good cause while earning income for themselves. 

Content creation is not as easy as most people think it is, and most creators do not receive adequate monetary compensation for the work that they put out into the world. The Monytize app intends to change that. Monytize is an invite-only app that pays everyone when content is purchased on the platform. An example would be online game streamers. Usually, these creators spend hundreds or even thousands on game and gear purchases, but they may not receive enough profit in relation to their online views. They can easily earn passive income when they share their content on Monytize. 

The developers behind Monytize believe in championing worthy causes, and they know that most people would like to give back to the community as well. This is why they have chosen to donate a part of the platform’s profits to charities. Recently, this app has partnered with a South African Company called Social WIreless which offers free internet services to communities in Johannesburg.

Monytize aims to become a game-changer in the entertainment industry, and they are continually adding new content to their platform in the same vein as other streaming platforms. But instead of making users pay a monthly subscription fee, they have created an ecosystem where profits are recirculated and redistributed to the users and creators. All forms of content are welcome on the Monytize platform, including photos, videos, music, books, and games. Currently, the app developers are looking for distribution partners to provide a wider audience for original movies, new music, indie video games, and authors. 

Monytize is the latest project of serial entrepreneur Terrell Samuels. This CEO is also known as a prolific film producer and marketing expert. Taking everything he knows about these two industries, he has created Monytize as a new way to use social media for a more significant positive impact. Terrell shared, “I created Monytize so everyone can have the opportunity to be the catalyst for change in their communities and in the world.”

Monytize just secured a lead investor in their Series A round of funding. Alex and John Ruiz of Ruiz Investment Family Office out of Miami, FL has committed to leading Monytize’s Series A round of funding as they are catching global momentum.

Monytize is available to download on the Apple App Store and Google Play. 

Ukraine receives U.S. air defense system

Image commercially licensed from: Unsplash

The United States is continuing to support Ukraine in its fight against Russian separatists by supplying it with military aid. This time, the U.S. has donated an air defense system that can intercept ballistic missiles and other aerial threats. The new donation was announcduring a press conference on Monday.

What is the U.S. sending to Ukraine?

Ukraine is receiving a U.S. air defense system. The system, called the Patriot Advanced Capability-3 (PAC-3), will help protect Ukraine from aircraft and ballistic missiles. The PAC-3 is a three-tier missile defense system. Level 1 is a short-range radar that detects and tracks aircraft and missiles. Level 2 is an intermediate-range radar that can track ballistic missiles in the Earth’s atmosphere. 3 is a long-range radar that can track objects in space. The U.S. government has been providing military assistance to Ukraine since the early 1990s. The recent shipment of the PAC-3 system is part of this long history of support.

What are the consequences of this?

Ukraine has received a U.S. air defense system, and it is now up to the Ukrainian government to decide what consequences this will have. The system which is worth $3 billion, will be station in the country’s southeastern region of Zakarpattia.

There are many people who are concerned about this decision, as they believe that it could lead to further escalation between Ukraine and Russia. Some people believe that the system could be use to target Russian civilian populations.

The Ukrainian government has yet to make any statements about the system, and it is unclear what its goals are. However, some experts say that this could be a sign of increased U.S. involvement in Ukraine’s affairs.

What are the benefits of this?

The U.S. Department of State announced that Ukraine has received a Patriot missile system from the U.S. government. The missile system will be station in the country’s capital Kiev and help to bolster Ukraine’s air defense capabilities.

The distribution of the Patriot missile system is part of a broader effort by the United States to support Ukraine’s efforts to stabilize its government and protect its citizens from the ongoing conflict in the east. The missile system will improve Ukraine’s ability to defend against aerial attack, and it will also bolster relations between the two countries.

The U.S. Department of State says that receiving the Patriot missile system is a “major step” in helping Ukraine address its security challenges. The systems will provide additional protection for Kiev residents, as well as for American personnel stationed in Ukraine.

Who else has received such aid from America recently?

Ukraine has recently received a U.S. air defense system, joining fellow NATO allies Estonia and Latvia who have also received such aid in the past few months. The purpose of the aid is to help Ukraine improve its ability to defend itself from potential Russian aggression, and it comes on the heels of a number of other military-related upgrades from America, including increased funding for NATO’s military buildup in Eastern Europe.

This move by the United States comes as a boost to Ukraine’s struggling economy. Which has been hit hard by the ongoing conflict between government forces and separatist rebels in eastern Ukraine. The United States has also pledged to provide more than $1 billion in humanitarian assistance for Ukraine over the next three years.

Will Russia retaliate to this aid?

Ukraine has received a U.S. air defense system. Which is seen as a deterrent against Russian aggression. The system call the Patriot is valued at $3 billion and will be station in the country’s south-east. Russia has threaten to retaliate if the system is install but so far there have been no reports of hostilities.

Many experts believe that this air defense system is meant as a warning to Russia and that the United States is not planning on using it offensively. However given Russia’s recent military aggression in Ukraine some people are wor that Moscow could take retaliation into account when making its decision about whether or not to attack Ukraine.