Hey all - I have been look at investFeed and reading through it's white paper. Wanted to reach out and see if anyone has any feedback or has invested in their token.
Link to site/whitepaper (I have zero affilation, just looking for any info/feedback)
https://tokensale.investfeed.com/#whitepaper
What I have gleaned so far:
From what I see this app looks like facebook meets yahoo finance with a trading platform wrapped in it.
It looks like it is catered to traders, while providing them the social media aspect. Kind of like a stocktwits in regard to the social media portion.
Some items I noticed:
Users can spend Feed Tokens to Boost their posts (similar to facebook ads) and Feed can also be spent to have a advertisement free experience (which we see with alot of apps: pandora, youtube, etc)
Can Users Only Use to Tokens for Services on investFeed or Can Someone Cash Out?
This is something I either missed or did not see. I would assume tokens can be sold out, but from all the information investFeed talks about people invest so they have tokens to use on the platform.
What is the edge for investFeed?
This is the million dollar question, what will set this app apart?
It looks to be doing alot of things that are being done already, but I guess it is doing it for crypto. To integrate all the different coins into one place where people can view them, track prices, talk about them socially and most importantly, trade them.
Maybe that is the edge? Doing the things users already know and want, but doing it for crypto?
Would love to hear any thoughts or comments if anyone has read the whitepaper or invested.
Thanks Much!
Best Regards,
It seems like something that can be done with Ether or Bitcoin or Litecoin rather than needing a specific token. As an ERC token, it's going to be based on the Ether blockchain which means it cannot operate similarly to Steemit whereby posts and comments are actually on-chain. That means there isn't much special about it that necessitates a separate token.
(Upvoted and Followed. Follow me back for science/tech/crypto related posts!)
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Couldn't it also make use of the STEEM and SBD tokens too? Seems like that would be a good bridge on onramp for new users.
Too many tokens, too few years in a human life.
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Your last sentence says it all @intelliguy, sigh lol
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My analysis has made some very good BTC price calls and nailed the recent bottom. Please check it out:
https://steemit.com/@haejin
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