Hey everyone! So today I have something really special and cool to share with you! Minds another amazing blockchain social media platform that I've been on for several months is finally launching their "Minds" token and going fully live.
I've included a video to go along with this which generally explains the same concepts and I do an overview of Minds.
This article dives into the transition as well on CoinDesk: https://www.coindesk.com/blockchain-social-network-minds-is-migrating-to-ethereum-for-launch/
Also, before you start, check out this awesome infographic to get a decent summary of the platform!
Introduction
They have managed to build such a great platform that includes groups, messaging, advertising and many other features we don't have here quite yet that I believe Steem can even learn from. Their code is open source and peer reviewable which is great for transparency and I'd like to just quickly share some useful blogs first with you that I've wrote that you might benefit from as a newer user.
What Is Minds?
Well Minds is like Steemit, but the usage doesn't require as much technical understanding which I think is really important for onboarding people who have no previous experience with blockchain technologies which could then help them transition to using Steem as well. It's got the same basic features but also has a bit more.
There is an extremely in-depth FAQ you can go through to learn or find answers: https://www.minds.com/faq
Basic Functions
Minds is bit closer to Twitter or Busy.org on Steem with their UI and I really like it. It's very easy to use and you can identify explicit content, share with everyone, or just with specific people. They have a great deal of customization to your blogs and options for setting up your metadata.
It supports video, images, blogs, and short posts. Pretty much everything
This is my profile which you can see how much customization you can add
You can set rewards for people too and make premium content if you want
And you can boost your posts using your earned tokens
You can do so much more and this is just the tip of the ice berg! I highly encourage you to explore more on your own!
My Minds Blogs
Below are a few of my really informative blogs about Minds to help you learn more!
- 7 Tips For New Minds Users - https://www.minds.com/blog/view/858607032562343936
- Boosting On Minds - https://www.minds.com/blog/view/856820157166624768
- Minds And Steemit Are Not Mutually Exclusive - https://www.minds.com/blog/view/854474418100207616
- What You Need To Know About Minds - https://www.minds.com/blog/view/873060839034662912
- Be Careful Who You Accept Boost From - https://www.minds.com/blog/view/874759187821039616
The reason why this is such a big deal is because now people can really get into investing as well as earning withdraw-able funds from Minds. They have an amazing and intuitive application for Android and iOS so they have covered pretty much everything.
If you're not already using Minds, now is the time to get in so you can get yourself established and really become a part of their community. I love Minds and Steemit and I would be thrilled to have everyone using both as they can both compliment each other and are on the same team for blockchain censorship resistant social.
Buying Tokens
Minds has an in-depth tutorial for you here: https://www.minds.com/minds/blog/how-to-buy-minds-tokens-871791809876131840
They have screen shots and everything you need to know how to buy it, however what I'm suggesting is join in and participate first and foremost!
This table outlines the information about the launch and token sale provided by their whitepaper: https://cdn-assets.minds.com/front/dist/assets/documents/Whitepaper-v0.3.pdf
Earning Rewards
You can earn rewards from many different things you do on Minds
This table is from their whitepaper again showing the weighted score of each transaction which can also be found within Minds in your wallet
You essentially earn from everything you do and you can treat it like a normal social platform and all the while earn tokens which you can withdraw or use for boosting (promoting) yourself or your posts. You can even boost other people's content too or send tokens for premium content from creators!
You get your reward based on the multiplier to your total network score and you can see a history of all this in your contributions section of your wallet which acts as an accounting measure as well as an insight/analytics indicator for how well you are doing.
You can see an entire breakdown on Minds here: https://www.minds.com/wallet/tokens/101
They have countless resources and the devs are very involved and helpful so I highly recommend checking it out at the very least.
This is my account profile and I can definitely say I've had a lot of fun using this platform and I have great hopes for it moving forward! Let me know what you guys think of the platform and if you do decide to create a new account use my referral link :)
https://www.minds.com/register?referrer=scottcbusiness
Again I'm very excited for this and I really want to hear from you on what you think, if you are already on there, if you're going to check it out now, and if not, why? Cheers!
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