This time, we look at BBS Network.
BBS Network looks to be doing something a little different, bringing online bulletin boards to the blockchain. Think Reddit. It looks like they already have some pretty big partners on the platform like Starwars Theory (big youtuber).
The concept is interesting, as good content that gets upvoted gets paid via their bbs token (https://coinmarketcap.com/currencies/bbs-network/). This has however already been done, via Steemit, a community board where users are paid via the STEEM token.
Overall, the project is a fresh sight for sore eyes, that have been looking way to many doge, inu, floki shitcoins over the past week. However, the current valuation of BBS Network is far too high for my personal taste – sitting at around 150 Million fully diluted.
I am giving this project a 6.5 on the treasure side of the spectrum, but definitely not something I will be jumping into immediately.
I guess I’m supposed to say this or something (common sense):
NOTHING I say is financial advice. I am not qualified in anything. I just make videos n stuff when I’m slightly tipsy/bored about stuff I like. Do your own research frens.