21.co Issues A Token, But No ICO
21.co was briefly famous for releasing a Bitcoin-computer around 1-2 years ago (a glorified RasPi with an ASIC device on top of it) but since then it evolved a lot. One of the things that the company did really well was their Bitcoin-enabled API which lets you to build "payable services". I used it a few months ago and even wrote a small Python tutorial to showcase what you can do it.
Now the company announced they will launch a token for their "social network". While the term "social network" could be a little overrated, since the community around 21.co is not really a social network (like Steemit is, for instance) but the "no ICO" part is certainly interesting.
The token will be issued in Q4 of 2107 (quite soon) and it will be offered on a sign-up basis. So all you have to do is to sign up by using a link above (it will take you to my profile, though, so you will have to use the Sign Up button in the top-right corner). I have no idea if this will trigger a referral or not, so I don't even know if I should put a disclaimer somewhere :)
The token distribution is: 16% researchers, community and developers, 54% users and 30% team and backers.
The most interesting part comes when you look at the backers: Peter Thiel (PayPal), Winklevos brothers (ex-Facebook and longing to launch their ETF Bitcoin trading fund since forever), Naval Ravikant (AngelList) and many more.
So if the tokens goes to ashes, then you will at least be in a very high-profile company.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
https://steemit.com/~witnesses
If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):
Glad to know that no ICO with them ...Team looks strong enough to fund themselves.
I've used 21.co for a while, like it, made $100 :)
Thank You for all of your Crypto Postings @dragosroua
I just Voted for you as a Steemit-witness. The other article that you wrote concerning the API in browser payment system seems like a game changer to those that have not embraced the cryptos yet.
Thank you, appreciate your support! :)
Yes and Thank You for your positive interaction with commenters like myself...........
Do you know is the users will be able to earn the tokens ( like on steemit ? ). Thank you for letting us know about this :)
Nope, I don't know that, I'm waiting for the whitepaper.
Thank you, just registered myself at 21.co
We will see, what happens :)
Pretty unclear after you signup when they notify you about purchasing tokens, etc.
@dragosroua,
Actually I didn't know about 21.co until I read this article! It seems a worthy investment. Thank you very much for sharing such useful information with us!
Cheers~
I signed up, basically it's a high-end survey site where you get paid for responding to emails, I don't think I'll use it but I'll take their token, might be worth something one day with the team they have behind it.
To "cash out" you need to be verified it seems, I think I'll take that step if the token's ever worth anything.
Thanks for posting.
Yes, it's basically an Amazon Mechanical Turks based on Bitcoin. I got a few tasks from them, but not something relevant. Verification is not a big hassle.
I voted you as witness , very interessing post thank you
Thank you, appreciate your support!
@dragosroua - Sir, there are excellent names going to backup the project. Thank you Sir, I'll join this ITO.
+W+ [UpVoted & ReSteemed]