4 great reasons blockchain and crypto are here to stay…
Blockchain and crypto are divisive topics. Some cast their doubts, others see incredible opportunities for decentralized networks that will reshape societies from both an economic and political perspective. No one would deny that volatility has been a steady part of the journey and sceptics would say this is natural selection, picking off the weak and allowing superiority to lead the way. Many are now waiting with bated breath to see successful blockchain use cases and a steadier crypto market before making the next move. However, there are also those that not only believe in the vision, but want to play a leading role in the movement.
Optimism within the crypto community is something we have spoken about previously and we at WOM want to carry on the theme with more great examples of why crypto and blockchain technology are not only here to stay, but consistently improving and challenging society.
Have you ever been disappointed with your insurance company? Chances are, most people have been short-changed by their insurance company. You either haven’t been a member long enough, you are “too young” to suffer from anxiety or perhaps the wheels to your automobile are seen as “accessories”. Whatever the reason, insurance companies are consistently trying to get out of paying you the money you are entitled to
At Teambrella, they have thought of a solution. The technology is broken down into teams with any number of people involved in each. When a claim is to be made, you can log on and ask the team for your desired amount. Depending on whether the claim is genuine, the team then choose to vote. It will be your team that end up paying.
Claiming works on a karma basis, “Treat others the way you would like to be treated.” The platform is essentially based on empathy between customers, cutting out the middleman completely and coverage can be made from anything like bikes, pets or cars.
2. Steemit
With Reddit being one of the most popular sites on the internet today, it only makes perfect sense that the crypto world has caught onto this. Steemit looks and functions very much like our friend Reddit. However, Steemit pays both the content creator for creating great content as well as any curator who upvotes other content made by others. Steem is the name of cryptocurrency used which can then be used to exchange for real money.
Everyday, new Steemit currency units are created by the network which get evenly distributed between the community and those who engage most on the site. It is pretty simple. The more you engage, the more you earn. And the best part about it is it’s free to get started.
With social media and influencer marketing receiving negative press over the past year, Steemit is giving people the power to earn real currency with their content which can only help encourage a more authentic environment in content creation.
3. EOS Knights
As one of the highest ranked gaming apps on Dappradar, EOS Knights has made quite an impact. Anyone who is familiar with the ‘Final Fantasy’ series will see some similarities with this RPG (role play game) blockchain app. Players travel across the universe, battle different monsters and earn points to buy new armour, materials, weapons and even pets.
Gaming has become a super popular segment of blockchain technology but what sets this one apart from the rest is that the user can earn real EOS cryptocurrency for selling their virtual items. And with its growing popularity and number of transactions made, this could set the standard for all other blockchain gaming facilities.
4. Worldopo
Augmented reality has given us some unique visions on how we can bridge between the real and the virtual. Now, here comes an airminer you can use in your own town. Using this app, you can mine and trade real cryptocurrency coins and with these, you can buy any street in your neighbourhood. With two main roles as a sourcer or a miner, you can earn crypto in a new world simulated with urban construction.
Now, you might be thinking what’s so special about this? Soon the app will be introducing AR advertisements and with hot property popular streets currently being bought by users, marketeers could end up paying a small fortune for your street.
Blockchain and crypto are both taking huge technological steps down so many different avenues. I hope this article helps provide a glimpse into just some of these potential new realms of discovery.
