Ethereum update: Fascinating Social Media Platform “Minds” Built on Ethereum
I lurk this sub nearly everyday, but never came across a post about [Minds.com](https://Minds.com). It’s using a token on Ethereum’s testnet that’s similar to [BAT]([https://en.wikipedia.org/wiki/Basic_Attention_Token](https://en.wikipedia.org/wiki/Basic_Attention_Token)) in that it rewards users for generating popular content. But the token can then be used to “boost” content, similar to the way Twitter and Facebook use advertisement. So if Bob earns two tokens for the content he creates, he could sell the tokens to Alice, who wants to use them to advertise her product. [Here’s]([https://cdn-assets.minds.com/front/dist/assets/whitepapers/03_27_18_Minds%20Whitepaper%20V0.1.pdf](https://cdn-assets.minds.com/front/dist/assets/whitepapers/03_27_18_Minds%20Whitepaper%20V0.1.pdf)) a link to their white paper.
The site boasts having over a million registered users, and like I said, I haven’t seen it discussed here before. What are your thoughts?
Edit: Also, what’s up with my hyperlinks? Did reddit change the formatting?
About Ethereum
Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third-party interference.
Author: RDLeonhard
Score: 11
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