You are viewing a single comment's thread from:

RE: The Importance of A First Adoption Blockchain

in #money5 years ago

Perhaps for some of us yes but that's really only personal gain, some people who are okay and well off will benefit but how do we get it to the unbanked who really need it? Until we find ways to reward/pay users for actions and time spent doing something I don't think we'll get the so called mass adoption we are preaching about in the space

Sort:  

@chekohler I think something like Electroneum could help with the issues you bring up. It’s an app on any smartphone (even dirt-cheap Android) and it rewards users with daily cryptocurrency for checking in to the app once a week. I think something like this could be very good for both mass adoption and education/a bank for the unbanked.

P.S. enter the code 65AF24 into the app under “earn more” and permanently earn extra passive cryptocurrency

Posted using Partiko iOS

ETN is a decent idea but theirs too much centralization for my liking the device is only credited with that mining power it’s still generated by a central miner and not the device itself it also puts a limit on the amount a user can earn because of those specs which means a poorer individual wouldn’t be able to compete

I’m not saying it’s a bad project I’m just saying we need to look at ways that reward people based on their personal output