Minds - a free and open source social network on the Ethereum blockchain. This is where users get rewards with Minds Tokens for contributing to the community. The goal of the project - to create a new model for content creators.
Contents:
- Brief information about the Minds
- How does the dapp app work?
- Why should you pay attention to the Ethereum platform?
Brief information about the Minds
Minds - a platform that pays you for your time. This place has appeared to bring people together and make their communication open. Free your mind and get paid for working on the platform. For example, for creating content, using traffic and referring friends. There are no additional bonuses, promotions and free giveaways here. There is also no referral system.
Project advantages:
| Firstly - communication | Chat privately with friends and contacts, using an encrypted messenger. |
| Secondly - a large amount of information | Discover endless videos, photos and blogs from your favorite creators. |
| Thirdly - earnings | Earn money in different currencies for creating popular original content and expanding your audience. |
| Fourthly - promotion | Increase and promote your content to attract users. Earn tokens for watching your content. |
While the government is crushing free speech and joining forces with centralized social media surveillance companies, Minds is working for those seeking free access to communication and promotion. The developers provide complete information about the development of the project in the White Paper. It is located in the corresponding section at the bottom of the main page of the site. Also, there is a separate blog with news.
How does the dapp app work?
The functionality of the platform provides for the promotion of posts for tokens, which, in turn, can be obtained for interacting with other users and their content. Plus, they help to pay for subscriptions and premium status. These functions are in great demand among users, so the platform has every chance to enter the top of the most popular dApp-applications on Ethereum. The Minds economic model runs on the most common and well-tried mechanics.
Post videos, blogs, images and statuses. Create messages and video chats securely with groups or directly with friends. Discover the best content through sections and hashtags. Earn tokens for daily contributions and use them to update your channel. Plus, you can receive direct payments in USD, Bitcoin and Ether from your fans.
Why should you pay attention to the Ethereum platform?
Minds has become popular for its privacy, decentralization, free speech and user rewards. While other social networks use surveillance, secrecy, censorship and manipulation of algorithms.
Principles of the project:
- The code and algorithms are free. What's more, it's open source for maximum transparency and accountability.
- The content policy is community regulated to reduce bias and censorship.
- There are no algorithms or observations here. The integrity of the project is confirmed by the presence of the blockchain and open source code. However, there is no data on the audit of the smart contract.
Users can use tokens to advertise their content on the social network. For example, CPM is the price of one token on the network. Minds offers a premium subscription of 5 tokens per month that gives users access to exclusive content and the ability to get verified. The developers are actively tweeting and regularly posting news. More than 12,000 people have already subscribed to the social network since 2015. There is also a YouTube channel with 700 subscribers, where you can watch training videos.