Cryptocurrencies are rapidly gaining popularity. Everyday experts of blockchain technology introduce something new that makes it easy for the customers to use blockchain. Recently, a new project named Vote2ico has been introduced to our arsenal of crypto tools. It will allow the users of the Steemit community to buy into the ICO tokens with their Upvotes.
The Vote2ico has been developed to disrupt the initial hurdles associated with the ICO process, for example, you have to raise $1000 for the advertisement of your ICO. Now you can use your Steem reward protocol to get the services like:
Advertising
Education
Crowdfunding
Now companies and individuals can use this technology to enhance the visibility and value of their posts.
With the help of Vote2ico on your Steemit account, the users will be able to post announcements for the latest ICOs. It will not be related to any investment advice and you will never have to deal with a financial advisor. For each ICO it will act as an educational resource to help you understand the benefits that come with it.
Pair your wallets
Now the ICO tokens you have earned will be directly delivered to your wallet. The Steem users only have to type the address of their wallet to have it paired with the Steem handle. The tokens you have earned from the past Upvotes will be delivered as well. You will get a private key to control the wallet because for safety reasons Vote2ico will not allow to use other security methods.
Vote2ico tokens
Once the wallets have been paired the Upvote one for the Vote2ico post, the user will get the token for being advertised according to the SBD value after payout. If the Upvote is worth $1 the value of token will be $0.35. It means that if a token was $0.05, a person will get 7 tokens as a compensation for the Upvotes he or she has generated.
There will be a token generation event in which the users with public Etherium address will receive extra Vote2ico tokens depending on their Steem Power payout of a specified vote.
Recently, Vote2ico has rewarded Steemit with 5 million tokens and the value is about to rise in the coming years. Vote2ico is becoming popular among the users however, there are many who still do not know about this amazing technology.
It seems like Vote2ico is here to stay and within a few months, its value will rise. With the increase in its price, it will become difficult for most of the individuals to afford it. However, the ones who have already invested in the token will earn a reasonable amount of profit.
Vote2ico is making blockchain more interesting and reachable to all the users. There is going to be no investment advice, which means you can do your own research and plan your every move to earn most of the tokens with your Upvote. Let see where Vote2ico will take the blockchain industry in future.