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
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
and you can exchange them for more views by Boosting your content, or send them to other creators to help support their channel.
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
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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