I gave an upvote and follow.
Never heard of this ICO until this article.
Let's help each other grow! @mcdform
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I gave an upvote and follow.
Never heard of this ICO until this article.
Let's help each other grow! @mcdform
Thanks for checking it out! I've been a member of Empire.Kred for years, this is the 1st time I've ever seen them do anything with cryptocurrencies. Its not an ICO though, or at least that wasn't how they labelled it. I think crypto is eventually going to become a standard in social media, and apparently Kred realizes this as well.
If crypto and social media can figure out the right way to allow people to own their own data, monetize it and make their experience better it will be a win for everyone.
Its about time Kred embraced Crypto! It's something I've been personally pushing them to do this whole last year, and it looks like they finally listened. Empire.Kred has long had its own virtual currency, but its never had a value pegged on anything outside of the platform. The simple fact that we can pay for up to 50% of coin purchases with eaves means the eaves themselves will now have real world value.
Better yet, I have like an unlimited supply of eaves. My gaming brand Gamers Bay has one of the largest business accounts on the platform with over 11 billion eaves at its disposal.
I think what's going to happen is we're going to see crypto-incentivized social media platforms take off, and the rest will die. People are getting fed up with platforms like Facebook that only reward themselves, and platforms like YouTube that rely on broken and outdated revenue models that no longer work.
Empire.Kred has honestly been dying a slow death for years, but this initiative is more than likely to bring about the rebirth of the social platform. But I'm not getting excited just yet, as I don't know how well these plans are going to pan out in the end.