Newzulu Limited (ASX: NWZ, OTCQX: NWZLY) has signed an agreement with Crowd Mobile Limited (ASX: CM8 & FWB-XETRA: CM3) to integrate its Crowd Experts Q&A technology into Newzulu´s mobile applications, the company said.
The agreement establishes a collaboration by Newzulu and Crowd Mobile to offer consumers a platform where they can ask questions related to news events or current affairs. The questions will be answered near real-time by Newzulu´s global community of freelance journalists and news subject matter experts, on a fee per question basis, with Newzulu and Crowd Mobile sharing revenues.
Pursuant to the agreement and launch of the service, users of the Newzulu news App for iOS and Android will be able to ask questions about news events and current affairs to be answered by Newzulu´s journalists and news editors on the Newzulu site and will receive an answer for a small fee billed to their Apple Pay or Google account.
Newzulu will promote the service and its community of news experts will be paid for each question they answer. Revenues derived from the service will be split 80/20 in favor of Newzulu. There is an increasing willingness for consumers to pay for personalized expert opinion due to the inadequacies and inaccuracies of Google-like answers on the Internet, it´s a service beyond Google.
Crowd Mobile has created Crowd Expert as a global platform for paid questions and answers that seamlessly connects those looking for an expert opinion with those that are best placed to provide them in near real time. With a presence in over 50 countries and over 30 languages, Crowd Mobile has answered by 66 million questions since inception.
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