When a Startup just happens to be one of the most downloaded free apps in the App store, surpassing the likes of Twitter and Facebook, it’s a pretty impressive feat. The Startup that we’re referring to and which just happens to be our latest Startup of the Week is new social network, Pheed.
You may not know it yet, but we reckon you soon will. Pheed is a social platform that enables its users to create, inspire and share all sorts of digital content - from texts, photos and video through to audio tracks, voice-notes and live broadcasts. Similar to Twitter, you simply sign up, start following people and they can start following you. One of the main differences between Pheed and other social networks though is in the type of content that you can add. As we’ve already alluded to, audio files can be added, as well as pictures of any size and videos of up to four hours in length. In a sense Pheed combines many elements of the main big social media players and lets you do it all...and more.
One particularly unique aspect though is the fact that Pheed users can monetize the content that they add. Users can in essence create a pay-wall and charge their followers anything from $1.99 to $34.99 to view their content. Followers could be charged on a monthly basis or you could create one off pay per view live events. Allowing users to monetize their own channels like this is what is really making Pheed stand out. Whether it is something that Joe Public will adopt in droves or whether it will really only benefit those with millions of followers - the Biebers and Lady Gagas of this world for example, remains to be seen.
We reckon though that any social network which is doing something a tad innovative like this ought to be explored, hence our decision to name Pheed as this week’s Startup of the Week.
Why not go see for yourself what it’s all about...