This Social Messaging Company Is Poised To Become A Major Player

By AllBusiness Editors

Los Angeles-based Carrot Group, Inc. recently launched its social messaging app on iOS– and Android-enabled devices, worldwide. The company’s platform allows users across the globe to send each other messages with digital currency attached.

Users send each other “Carrots”—messages comprised of an image, question, and coin amount. Recipients have 24 hours to open the message, then two minutes to respond and get their coins. It’s incentivized communication.

Two trillion text messages are sent every year—that’s billions every day. None of these come with monetary value.

We sat down with James Tashjian, Founder and CEO of Carrot, and asked him some key questions

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