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Minds.com ERC20 Token - (Minds Token)

mattwrc

Published: 27 Mar 2018 › Updated: 27 Mar 2018Minds.com ERC20 Token - (Minds Token)

Minds.com ERC20 Token - (Minds Token)

Minds.com is currently running their own ERC20 Token on the Rinkeby TestNet.

They had recently announced they were stepping into the crypto-space, and with their latest update, they are currently running their own ERC20 Token on the Rinkeby TestNet.

https://rinkeby.etherscan.io/token/0xf5f7ad7d2c37cae59207af43d0beb4b361fb9ec8

Screen Shot 2018-03-27 at 13.38.57.png


Minds.com is a decentralized, open source social network platform, similar to Steemit, where users can get paid for their content.

You earn Minds tokens for your contributions to the network by:

  • Creating original content, receiving upvotes, commenting and reminds.
  • Gaining new subscribers.
  • Referring friends.
  • Developing code
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and you can exchange them for more views by Boosting your content, or send them to other creators to help support their channel.

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Users of the platform are given an OnChain Wallet where you can link an existing Ethereum(ERC20) address to store your Minds Tokens (recommended)

Transactions using your OnChain address will be published to the public Ethereum blockchain

You will also be given an OffchainWallet, this is where your daily contribution rewards will be deposited to.

Transactions using your OffChain address will be referenced to a Minds database

wallet.jpg


Bottom Line

I have been using Minds.com for a while now, they have a great community and the transition into cryptocurrency is definitely a step forward.

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