Oh Gosh- is this what we have come to?!?
Well I am now looking for projects/tokens that offer value with solving real world problems. Or those that at least generate more tokens (whether useless or not)
Projects like TIME Chronobank solve a real world problem as does Lbry.
Steem tokens earn more Steem tokens.
But the project I am watching most closely does both of these: ONG Coin.
It gives full control and monetization of social media content to the actual content creators and is free from censorship. At the same time you can get paid in multiple cryptos.
Tokens are only worth the value they bring. This madness has got to slow down and find a place in reality.
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Yup, the madness is fully upon us now :-)
Sounds interesting, kind of sounds like Steemit, I'd like to know how they do it.
Cg
Hey cryptogee,
Briefly (and without writing the whole whitpaper here) it's a hub for all your social media channels. And you can choose to monetise your content with ads or not. If you do, you get a share of the revenue.
Your content is protected (not centralised) by running on both ethereum amd waves blockchains.
And they will integrate with Storj and Golem so you can rent out your computer to passively earn crypto
Ongcoin.io
Hmm, sounds impossible at the moment . . nice idea if it one day works :-)
Cryptogee