Youtube for text and content : NewsGrape

Newsgrape, a web-platform that attempts to revolutionize the way people share and experience text on the web - just like YouTube has done for videos.One year of intense work was put into development of the innovative and revolutionary Online-Platform Newsgrape, that a team of young students from all over the world, under Felix Häusler (21) and Leo Fasbender (22)from Vienna, Austria, have now presented to the general public using Kickstarter.com.

WHAT IT DOES Newsgrape is a free online platform with the sole purpose of facilitating the sharing ofarticles and literary contributions. Offering a transparent and user-friendly interface,Newsgrape is easily accessible to users of all ages and ensures the quality of all itscontent through an interactive rating system based on innovation and simplicity. It revolutionizes blogging and sets new standards in exchanging written contributions onthe web. In other words - a YouTube for texts.

MAIN FEATURES

-Magazines

Simplifying the idea of publishing collectively with a group of people, Newsgrape offers you the opportunity to join together with other authors to create so called “Magazines”.Consequently you publish your texts and articles in a group of people under a sharedbanner or logo and benefit from increased readership and subscribers. This socialcurated system of multiple and interlinked magazines allows for greater reach andenforces competition.

- Quality Assurance

To ensure the quality of published articles, Newsgrape uses a specially designed system: with help from a mathematician we developed an innovative algorithm thatcalculates a variety of factors to display the posts accordingly.

- Searching & Finding

To find your way through high numbers of contributions you can choose from a range of filter functions: various charts, categories, genres and tags make it as simple aspossible to always find the right reading material.

- E-Go

The so-called E-Go allows you to create your own favourite magazine: this page displays solely the authors and magazines you have specifically subscribed and theonline RSS reader makes it your personal diversified news portal.

- Multilingualism

On Newsgrape you must not choose only one language: in addition to the language ofthe interface, you can select further languages, simultaneously. Each new article isassigned to a language and only visible to you, if you have selected this language.

- Making Money

If you are a successful writer, Newsgrape offers you up to 75% from the advertising revenue of your own pages, it can easily be transferred to a PayPal account of choice.You will actually earn more money than with your blog and Google Adwords. (where you might find less readers anyway)

- Fastnews

With the Newsgrape HUB short messages can be shared with people more efficientthat, for example, Twitter, because it allows users to generate headlines even withoutthousands of followers, if their information is worth it.

DEVELOPMENT Newsgrape operates on a specially designed engine, based on a modern version of"Django", a variation on the famous "Python” engine that is so far already consisting ofapproximately 11.000 lines of code. The development of Newsgrape Alpha 1.0 has sofar accumulated 5.440 hours of work, from over thirty people from all over the world(from Germany or Singapur to Serbia, Croatia or Hungary)

KICKSTARTER After looking for an angel-investor with the best interest for the platform and the users turned out more complicated we decided to use Kickstarter, a New York based crowdfundingplatform to raise $12.500 to invest into capable servers and launch Newsgrape.For just 5$ you become one of the first users of Newsgrape during the restricted Pre-Beta Phase and get to inluence the development with your personal feedback. At this moment, the funding goal is already reached and people have 5 days left to make a pledge.

Main facts of the Pre-Beta Version- Interface available in English and German.- Users can already write and publish in Belarusian, Bulgarian, Czech, Danish, German,English, Spanish, Estonian, French, Croatian, Indonesian, Italian, Hindi, Latvian,Lithuanian, Hungarian, Dutch, Polish, Portugese, Russian, Slovenian, Swedish, Turkishand Ukraine.- Strictly restricted access keys. During the Pre-Beta phase the algorithms and thedatabases are being calibrated and every Pre-Beta user is expected to contribute withhis personal feedback.Newsgrape Beta 1.0 online two months later- Open registration for everyone and additional languages for the interface and publishing.Newsgrape 1.0 fully operational summer 2011- The Advertising and Affiliate System is up and running and successful writers canfinally generate easy profit from their contributions!- Countless new features!

( This is a press release)