SocialCord Building Content Subscription Platform for Twitter

With the growth of Twitter as a communications and application platform, new approaches to monetization are beginning to appear to enable users to conduct transactions through use of the service. Though we’ve seen Twitter-based games monetize through virtual currency, new startup SocialCord is creating a payment platform for content delivered directly through Twitter.

According to founder David Dundas, the idea behind SocialCord is to allow users to subscribe to premium services in order to receive exclusive information in the form of tweets or text messages.

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