ChaCha is a system whereby the user is rewarded for using the code they provide. In this sense, the users provide the code for all their apps. Users are paid in one of two ways:
They earn tokens in return. These tokens will be used to pay for the service. At the end of a period of use, a user will collect a sum of tokens in their account.
At the end of a period of use, a user will collect a sum of tokens in their account. In this system users are paid for every time they use the service.
There are some downsides to the system, namely, you don’t earn tokens for your use of the service. You earn a percentage of usage from tokens held in your account. Tokens can therefore be extremely volatile. It isn’t hard to imagine how people might find themselves paying a lot of money to get a service they might not even need, but not earning any reward in return for it. This means, for example, that users often don’t use their tokens for long periods of time.
How does ChaCha work?
ChaCha is based on Coinapult’s API allowing us to pay users in Ethereum without having to rely on banks, exchanges or other third party providers.
How long will you let a user use the service?
We believe that the service should end up paying you once it is fully functional and running. In the future a payment schedule could be added to allow users to save for the future but we’ll only allow that for users who use our service for a minimum of one week.
Is there a fee for using the service?
No, there is no fee for running our service or using our service at all. That means that all users who use our service, and all users who want to earn tokens for their use of the service receive 100% of the value of the token they have accumulated for free.
What will it cost for the user to sign up for your service?
There is an initial fee to sign up for the service. There is also a monthly fee based on the number of users that sign up for a given period. This fee is automatically negotiated on our end.
Are you charging users to use you service?
Currently we are not charging users to use our service, and do not intend to charge users to use our service as the project is ongoing.
Would this work outside the US?
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