The main goal of this initiative is to provide the CREDITZ promotional digital currency and micropayment alternative for iNowTV's advertisers. It increases revenues for iNowTV as an agent for the CREDITZ system.
iNowTV accepting CREDITZ as a form of online and mobile micropayment, pays its customers CREDITZ for purchasing merchandise and other marketing behavior.
Accirding to the Game Developer, David Vaters, President and Chairman of CEO America, Inc. stated: "We applaud iNowTV for stepping out of the traditional broadcast model to report unfiltered news without the spin," "Using the CREDITZ system to demonstrate iNowTV's commitment to provide real added value to advertising clients is the future of the advertising industry and we are excited about demonstrating for the first time the ability to pay viewers to watch TV commercials."
Paul Hastaba, President of iNowTV adds: "CREDITZ has a unique system that combines micro-payments, loyalty and marketing capabilities that can demonstrate iNowTV as an innovator in the online broadcast community," "We are excited about the potential impact CREDITZ will bring to our emerging broadcast network and we believe that our viewers and advertisers will quickly realize the value of CREDITZ Digital Currency."
According to the results the new product may cause the provision of another way of monetizing the content that is so much segmented and demands different attitudes, different interests and lifestyle. The main purpose of this product is to make communication between advertisers and viewers.
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