Minds is an open-source social network leveraging blockchain technology to offer decentralized, privacy-focused user engagement. More
| Fully Diluted Valuation | $4.72M |
|---|---|
| 24H Trading Volume | $2 |
| 24H Low / High | $0.02 / $ 0.02 |
| Circulating Supply | 9.23M |
| Total Supply | 250.00M |
| Max Supply | ∞ |
| Categories | Ethereum Ecosystem 1 more |
|---|---|
| Founder | Bill Ottman (CEO) 2 more |
| Website | minds.com Whitepaper |
| Socials | |
| Chains | Ethereum Ecosystem 1 more |
| Explorer | Basescan 3 more |
| Contracts |
0xb26....9c068
1 more
|
| Name | Pair | OG Score |
|---|
Minds is a social network designed to provide a decentralized, privacy-focused alternative to mainstream social media. Launched in 2015, it has grown to serve around four million users worldwide and is the leading open-source social network.
Mission and Vision
Minds aims to bring back internet freedom by offering a transparent and decentralized platform. It focuses on providing organic reach, privacy, and monetization opportunities for its users.
The MINDS Token
Minds uses a native cryptocurrency called the MINDS token, based on the ERC20 standard and running on the Ethereum blockchain. This token incentivizes user participation, allowing them to earn rewards for their contributions. These rewards can be used for services like advertising and premium memberships.
Monetization and Advertising
Users can use MINDS tokens to buy advertising impressions through the Boost feature, guaranteeing views of their content. This helps users grow their audience and gain exposure.
Liquidity and Payments
MINDS token holders can provide liquidity on Uniswap and earn rewards. The Minds Pay feature allows users to send MINDS tokens to each other as tips or payments for premium memberships.
Governance and Future Plans
Minds is planning to transition to a decentralized autonomous organization (DAO) to give the community more control over the platform's governance.
Conclusion
Minds offers a decentralized, transparent social media experience with a focus on privacy and user rewards. By using blockchain technology and a native cryptocurrency, it provides a unique alternative to traditional social networks.
Minds is unique for its decentralized, open-source social network that uses blockchain technology to ensure privacy, organic reach, and monetization opportunities through its native MINDS token.
The founders of Minds include Bill Ottman (CEO), Mark Harding (CTO), Jack Ottman (COO), and Peter Schwartz (CFO).
You can buy Minds (MINDS) on Uniswap V2 (Ethereum) cryptocurrency exchanges.
Join
OGAudit
