That’s great news. However, I’m still a bit confused about the utility of the Appics token. Will Appics tokens be awarded to content creators? If so, what’s the purpose of holding XAP? Is it like Steem Power that is used in proportionally distributing rewards? And will Steem Power also have an influence in distributing rewards in the Appics system?
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Hi @rayhanahmed .. from what I understand, it is just like steemit, however a more Instagram approach for mainly images and videos with captions. As for CAP tokens. I believe that these are equivalent to Steem and SBD... APPICS social influencers will have a higher valued account as they will have registered with the BOUNTY program and in return are rewarded with stakes, which are then transferred into XAP once @APPICS is fully launched. I hope that I am correct in what I am saying. But you can always double check on www.appics.com and have a look at the homepage where it goes into more detail. Also take a look at the white paper, which covers even more. Also if you have Telegram, you can join the @APPICS.official group on there where there is always someone happy to help 😊
if it's mainly videos and pictures, don't people realize that those arent even stored on the blockchain?
You've raised a lot of really interesting questions in this thread (yes, I'm late to the discussion at this point lol). I'm going to research these topics. I'm not sure all of your questions here are being answered adequately.
They definitely are not being answered adequately. Lots of hyper-emotional, hyper-ecstatic shilling. Not a lot of calm, objective thought about it. Oh well.