SocialMedia.Market Platform brings together advertisers and influencers using Blockchain

Dmitry Shyshov, the CEO of SocialMedia.Market, is proud of his team as he has gathered a solid group of influencers of his own. SocialMedia.Market is a decentralized platform that uses blockchain technology to help bring advertisers and influencers together and facilitate organic advertising and influencer marketing.

His advisory board includes such luminaries as Keith Teare, founder of multiple companoes over several decades, including EasyNet and RealNames; investor and cryptocurrency expert Tatsunari Ono; and Dr. Dima Zaitsev, cryptocurrency pundit and Head of PR and Business Analytics at ICO solutions provider ICOBox.

Industry heavyweights have also joined, such as Andrew Playford, Gabriel Zanko, Daria Generalova, Chafik Abdellaoui, Peter Zhalov, Alex Yastremski, and Slavik Nenaydokh. “Our advisory board is a good representation of one side of the product that we are aiming to create. Our platform is all about allowing advertisers and marketers to find the right people to engage for influencer marketing, and our board is a global all-star team of just that kind of people.”

Shyshov’s previous credits include founding R.Games, a top private game retailer, and Nontita, the company behind the CSGO.CASH marketplace for virtual items. An early adopter of influencer marketing strategy, Shyshov has vast experience and an in-depth understanding of the market’s internal workings.

The idea for SocialMedia.Market was born in late 2016, as ad blockers became widespread and the influencer marketing industry was booming. Influencer marketing uses “influencers” – people with a wide following on social networks, in the blogosphere, and other Internet media – to communicate directly with a loyal audience with product and service recommendations. However, marketers and advertisers face challenges finding the right influencers for their products and services. “Despite its exponential growth, the influencer advertising market has its own set of challenges, like inefficiency in pricing and complex communications, while agency fees and fraud consume large portions of budget,” says project advisor Tatsunari Ono. “SocialMedia.Market is bent on solving these issues using blockchain technology. The social media audience in Japan alone is huge. And SocialMedia.Market will help expand influencer marketing plans and keep the community growing. That’s the reason why I’m supporting the project and will be among its early adopters.”