IOST x Berm Protocol | Taking Flight with Project Pegasus, A Global User Adoption Program Targeting 20 Million Users By End of 2019

IOST Foundation
IOST
Published in
3 min readApr 21, 2019

Berm Protocol — The Consensus of Information Distribution

Bitcoin is known to many as the consensus of money. Similarly, Berm Protocol is making its mark as the consensus of information distribution. Berm Protocol is a decentralized data governance protocol using cryptocurrency to power the growth, curation and governance of data and information systems. Holding firm to this vision, Berm Protocol has successfully launched two flagship applications that have received remarkable traction with users around the world, with millions of users already on-board its applications.

BERM’s Rapid Rise Paving The Path For IOST Global Adoption

Berm Protocol’s first application is Berminal, a leading crypto news app that creates and curates authentic content for its global user base. Berminal is ranked in the Top 3 on the Overseas Google Play Store News List, with over one million total users and over 50,000 daily active users.

Berm Protocol’s second application, Bermi, is a fast-growing content platform which hit one million users within one month of its product launch. Since its launch, Bermi has continued on its strong user growth trajectory. In just the month of March 2019, Bermi has recorded over 400,000 new downloads on the Google Play Store.

Berminal and Bermi are powered by Berm’s utility token, BERM, which is issued on IOST’s blockchain. The value that BERM provides to global communities is a simple and attractive one — by creating and consuming content on the app, users are able to earn tokens for their contributions. Users can receive their rewards in IOST and BERM tokens, which in turn can be traded, encashed or used for merchant purchases, creating a healthy, thriving economic cycle. Through this virtuous, expanding economic cycle, IOST is poised bring about real world crypto adoption and drive practical utility as a true community currency.

Berm Protocol’s application currently has over 3 million users across multiple continents, and has entered into a hockey-stick user growth trajectory. Together, IOST and Berm Protocol have launched Project Pegasus, a global user adoption program that is poised to on-board over 20 million new users into the IOST ecosystem by end 2019.

IOST x BERM Airdrop Program For IOST Token Holders

In collaboration with IOST, Berm Protocol will be airdropping free BERM tokens to IOST token holders in a multi-year airdrop program designed specially for loyal IOST holders. To qualify for BERM airdrops, all you need to do is to hold the minimum qualifying IOST with partner wallets and exchanges supporting the airdrops. The Foundation and our partners will take snapshots at multiple intervals to record and distribute the airdrops to token holders. There will be various incentives in this airdrop program to reward loyal IOST holders. The longer you hold, the more you earn!

Berm Protocol will be releasing program details in a follow-on announcement over the coming days.

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