No, no Steem in their rewards system. From what I understand, the only token will be their XAP token. However, I haven't read their technical whitepaper yet so I'm not sure if they'll have a liquid form of the coin too, like we have SBDs here. And there is no price yet because it hasn't launched yet. The ICO is pricing the coin at around 15 cents. You can learn more at https://appics.com
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