startup enlists \the crowd\ to expose knockoffs
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Startup enlists 'the crowd' to expose knock-offs

Arab Today, arab today

Arab Today, arab today Startup enlists 'the crowd' to expose knock-offs

San Francisco - AFP

Tech startup BrandBounty on Monday sought to enlist smartphone users around the world in a "crowd-sourced" battle against knock-off goods and pirated digital content. The creators of BrandBounty, which launched earlier this year, were at a TechCrunch Disrupt gathering of technology startups in San Francisco to show off an application they designed to transform "consumers into brand vigilantes." The application makes a game of sorts out of exposing counterfeit goods. People can score points and win prizes by using smartphones to submit pictures, descriptions or other "tips" about apparent knock-offs or piracy. Brands sponsor contests or reward programs and get any resulting real-time intelligence about possible abuses in the market. "The age-old problem with brand enforcement is a lack of eyes in the ground," said Jonathan Gonen, co-founder of the company born out of a Los Angeles-based accelerator called StartupMinds. "With BrandBounty, we now have a simple, fun, and effective solution that turns smart consumers into brand watchdogs." Counterfeiting and piracy cost the US economy an estimated $1.2 to $1.7 trillion dollars last year, according to Gonen. A version of BrandBounty was available at the App Store for Apple gadgets with applications tailored for Android smartphones to be available in the coming months.

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startup enlists \the crowd\ to expose knockoffs startup enlists \the crowd\ to expose knockoffs

 



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