Functional FEED: What Can Your FEED Tokens Do?
With less than a week remaining before our token sale, it’s important to understand how the FEED token operates on investFeed. First and foremost it revolutionizes the user experience by incentivizing community contributions, and in turn creates a democratized social media experience.
At its core, investFeed is a blockchain project — and democracy has always existed at the forefront of blockchain technologies. As Alex Tapscott, author of The Blockchain Revolution put it:
That’s where the blockchain comes in. Blockchain is a vast, global distributed ledger or database running on millions of devices and open to anyone, where not just information but anything of value — money, but also titles, deeds, identities, even votes — can be moved, stored and managed securely and privately– and where trust can be established through mass collaboration and clever code rather than by powerful intermediaries like governments and banks. ~ Forbes, 2016
The pith of a democratic system involves a form of equal access and opportunity, and the FEED token’s ability to serve as a promotional tool on the network facilitates that. As a user, you have the same ability as media outlets, professionals and nonprofessionals equally to promote your own content and profile for network exposure. The token allows the leveraging of content that will add value to the network as a whole, rather than be part of a controlled corporate system. Premium content generated by any member can be created with an access fee that requires a set amount of FEED tokens to view.
But what does this mean for a more experienced investor or analyst?
Those with more experience can now monetize their knowledge and expertise by sharing their content and portfolio performance with their subscribers. The value of their content is determined by the price they set on their own, and the fee can be levied either on a time-based subscription level, or by individual content pieces.
The subscribing user-base is free to choose who they follow, and how much they’re willing to pay for the content. The choice of the user is critical to determining which content providers prove to be most effective in terms of benefiting the network. The tokens can also be used to receive real-time alerts from their subscribed feeds in the form of platform notifications, email, SMS, and mobile push notifications.
The token’s value isn’t only intrinsic to content -
Besides being a robust social network with investing capabilities, investFeed also features an arsenal of advanced trader tools that can be accessed using FEED tokens. We’ve evolved beyond simply retaining core peer to peer communications to offer another edge to our user-base. These tools include advanced portfolio analysis and robo-advisory algorithms, a technical analysis cryptocurrency screener tool, and back-testing tools for data analysis and quantitative trading strategies.
Lastly, one of the more convenient options that can be purchased using FEED tokens is an ad-free experience. Ads are normally set in place to support the development of the platform, but in this use-case, users get an uninterrupted experience without distractions — and can focus on the content that really matters. Ads don’t interfere with the user experience directly, but removing them could prove to be an advantageous option.
To recap, your FEED tokens allow you to do the following:
- Charge for access to premium content that you generate
- Promote your own content for network exposure
- Set subscription levels to your content via a set FEED token price
- Receive alerts and push notifications from top traders, analysts and news outlets
- Access higher levels of advanced trader tools
- Purchase an ad free experience
It’s time to take back social media and place power in the hands of the bulls, the bears, and the people.
Make sure to check out our social channels to communicate with not just the team, but the investFeed community as well. We are excited to have you onboard!