The Cryptospots DApp

Cretinous
Cretinous
Feb 10, 2019 · 2 min read

Two of the most important questions in the cryptocurrency industry:
- “Does it have a use-case?”
- “Where can I spend it?”

Simply holding and trading crypto isn’t going to sustain the digital asset economy. We need a tool that can help retailers and consumers transact using cryptocurrency. Sure you can search online and maybe find some random place that “claims” to accept cryptocurrency…. but how accurate is that information? How reliable is the source? Is it worth the gamble to travel to the location and ask a bunch of questions to people that have no clue what you are talking about and look at you like you’re crazy?

The ecosystem incentivizes users to participate and contribute accurate data.

We have a solution! The Cryptospots Dapp — an interactive map of businesses that accept cryptocurrency: an incentivized ecosystem that rewards retailers and consumers for shopping, contributing, socializing, playing games in augmented reality, completing real-time bounties, and using their digital assets around the globe. This worldwide app grants users the ability to search for and navigate to businesses, compete in cryptographic treasure hunts, get rewarded for contributing information and maintaining site accuracy, and earn passive income.

Too often, the crypto community is forced to simply hold or trade their assets because there are no helpful tools to locate places to use digital assets as they are intended. And with so much random (and often inaccurate) information spread out over the internet, the industry desperately needs a central hub of detailed information about businesses that accept cryptocurrency.

“A purely peer-to-peer version of electronic cash would allow online payments to be sent directly from one party to another without going through a financial institution.”
Satoshi Nakamoto

The importance of market volume and fungibility in the cryptosphere must be acknowledged because they are directly related to the value of the assets. When users can work together to maintain information and accuracy just like miners hashing consensus, we will witness more and more end-users never exiting back into fiat. If Cryptospots can incentivize contributions and reward top-tier participation, why wouldn’t every crypto enthusiast participate?

Cryptospots DApp is a one-stop tool with incredible incentives that will unite crypto kidzz™ from around the world and help facilitate mass adoption. We are in the early stages of building — look for the app to be functioning in April. Our token is in the launch phase on https://tronscan.org/#/token/1001308 Stay tuned as we have several partnership announcements in the coming weeks.

Cretinous

Written by

Cretinous

Entered crypto in early 2016. Miner, advocate,creator of Cryptospots DApp.

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