Snapchat is widely thought of as an app used mostly by teens and college students. And it’s also got a reputation as the go-to app for “sexting.”
The company recently turned down a $3 billion offer from Facebook. Now, they’ve unveiled an apparent method of monetizing their increasingly valuable product:
There’s been a lot of commenting on Reddit about how Snapchat’s latest addition is going to be used. The top comment being a post by user “raydelmundo” quipping:
ill snapchat you a dollar for a pic of your boobs….. yep that will definately take off
Most seem to think Snapcash will be a way for users to trade money for nude photos. There’s been a lot of criticism that Snapchat is looking for a way to monetize the app’s popularity as a sexting tool and has found it through Snapcash.
This despite the fact that polls suggest only a small percentage of Snapchatters use the app for sexting purposes.
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