The developers of social network Minds are preparing for the full launch of the platform and stand on the Ethereum blockchain.
Minds held in a test environment Rinkeby four and a half months. In a press release said that the social network is highly flexible, allowing you to circumvent censorship mechanisms, which is especially popular among users from countries with existing non-democratic political regime.
Minds CEO bill Ottmann (Bill Ottman) reported that the web page Minds already attracts half a million visitors a day. The number of registered users exceeds 1.2 million; according Minds, 75% of the created account has already received a certain amount of tokens during the test period. Minds is planning to hold an exclusive airdrop real native token for the social network account information.
“We expect overall growth in the number of transactions to be processed, inside and outside the network, after the available output functions token purchases and rewards”.
Ottmann added that a hybrid system with ofcanon was selected for Minds to ensure high throughput and, at the same time, the introduction of user-friendly interfaces with the inclusive interface for the “newcomers” in the field of cryptocurrency.
The platform provides the promotion posts for tokens, which, in turn, can interact with other users and their content. They are also used to pay the subscription fee and premium status. According to Ottmann, testname these functions in great demand, so he expects that after the launch of Minds will become one of the most popular dApp applications on Ethereum.
The developers do not expect any problems, saying that the only disadvantage is the 24-hour disabling p2p transfers between users. According to Ottmann, it is necessary to “correct ratio airdrop with the current balance beta testers”.
One of the councillors Minds, the developer of commercial blockchains Elizabeth McCauley (Elizabeth McCauley) said:
“At that time, as governments suppress freedom of speech and join forces with centralized companies to monitor social networks, Minds gives shelter to those who are seeking to engage with the world and exchange ideas.”
The economic model Minds based on the most common and proven mechanics. So, the payment of native tokens of the premium options included in the functional messenger Kik; and rewards for user-generated content in cryptocurrency are part of the ecosystems of the Brave and Steem.it.
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