Hey,
So while going through trending cryptos on Bittrex, I came across AMP. It seemed to be on a steady march upwards recently. With a volume of 555.42296640 btc and current price of $0.68, I thought I'd look into it and share what I learn about this coin.
Synereo (AMP) is a cryptocurrency developed by Synereo LTD, a Tel Aviv based start up company.
Their aim is to help content creators and users to be rewarded for their efforts using a decentralised blockchain and token. Just like Steemit and Basic Attention Token.
These are decentralised attention economies, where human attention is valued and rewarded, without any rewards going to a central platform (like Facebook).
Today, on the 30th June 2017, Synereo has launched the beta version of 'WildSpark', the decentralised content creation platform.
You can register for WildSpark Beta by going to https://wildspark.me/
It is the first public platform that uses Synereo's cryptocurrency AMP. On Bittrex I've seen a steady rise in the price of AMP, and this could be the reason why.
Just like you can upvote content on Steemit, users on WildSpark can show appreciation of content by sending AMP. Content creators share a link to their followers, to get their content 'Amplified'. The cryptocurrency AMP is earned as more and more people share the content.
So basically content creators get rewarded for creating great content, users get rewarded for sharing content, and it's all on a decentralised platform. Content creators have more control over the value and monetization of their content.
If you found this informative, let me know by upvoting. Thank you :)
