By HM - MN.Investments content producer, Midas.Investments
Midas announces the listing of Crypto4Like (C4L) to the Midas platform as an Instant Share. Invest today to receive instant rewards.
What is C4L and what does it offer?
The rise of social media in the past decade has enabled a new way for business marketing to become even more effective, collectively known as digital marketing or sometimes social media advertising. Simply put, marketing is a process that can help a business to deliver the right product or service to the right customer at the right time and place. Social media just makes this process much more pervasive, or even potentially make or break a business.
Each time you log on to your favorite social media network, there is a basket of valuable information to be collected - may or may not be legal depending on your jurisdiction. Additionally, a post or a cute image that you “like”, or a celebrity that you “follow” can reveal insights about any particular group of people on any trending topics. These information, called metadata, is valuable because it can provide an accurate assessment of what most people want, and business and/or marketers can address that demand.
Crypto4Like is a project that combines the power of blockchain technology and social media together. It has two platforms complementary to each other. On the C4L Social Networking site, it implements a buddy system of one for one - colloquially, like my post and I do the same, or follow me and I’ll follow you. You can choose to receive payment in the platform’s native cryptocurrency C4L instead, and convert coins into likes or follows at your convenience.
On the C4L Social Networking Exchange, it can help you earn likes, followers, shares and more. The team emphasizes that they do not sell those social media metrics. The exchange merely provides a way to connect personal or business pages with mutual benefits, using C4L as the currency to facilitate the process.
The team has both platforms online for previewing, the social network here and the exchange here.
Unlike many social media platforms, you can now be compensated in cryptocurrency for liking or following your favorite online personalities. Business owners, content creators or social influencers also have another medium to incentivize their digital presence. All is done within the context of decentralization brought by blockchain. However, like any other social media platform, the success is highly dependent on the number of participants to reach the so-called critical network effect. The project is nonetheless refreshing and we are excited to see how it progresses in the future.
Discord server lists Inari Industries LLC as one of the founders. More information as well as a complete whitepaper will be available after the presale period.
Where can I purchase C4L?
Total supply: 15,000,000
Purchase through the Incubator: C4L will launch on the Incubator programme, therefore making C4L available directly from Midas. See the #incubator-programme channel for minimum quantity, pricing and availability.
Presale: there are three phases ongoing right now on their Discord server. Staking packages are also available in smaller quantities.
Phase 1: 15 nodes at 0.1 BTC each (finished)
Phase 2: 10 nodes at 0.2 BTC each
Phase 3: 10 nodes at 0.3 BTC each
200 C4L coins at 0.03 BTC
400 C4L coins at 0.06 BTC
600 C4L coins at 0.09 BTC
Exchange: C4L has listed to the Incubator Programme, so will be launched exclusively on Midex once presale has been completed.
Consensus algorithm: Quark/proof-of-stake
Masternode collateral: 2000 C4L until block 50,000 and then 5000 C4L per node
Block time: 60 seconds
Block reward: variable block reward with 90% for masternode owners and 10% for stakers.
Can I get more information about Crypto4Like?
Whitepaper: link to pdf (work in progress)
Block explorer: https://explorer.crypto4likes.com/
Other social media platforms: Instagram, Twitter
About the Incubator Programme at Midas Investments
We plan to change how a project launches their new coin! The masternode space needs change, and we are here to provide it.
How does the Incubator benefit a project?
A project listed to the Incubator receives the full support our infrastructure and investment community provides as well as a paid listing to Midex/Birake network, and launches exclusively on Midex once presale is over. The exchange listing is funded by a secondary presale we hold directly with the Midas community. Once full funding has been achieved, the presale continues with the project.
By offering a paid exchange listing, and the ability to utilise our investment ecosystem to increase results of their own presale, a project will be able to increase budgets for project development, fueling a strong foundation for future success.
Does this benefit me, the investor?
Yes. Projects listing through the Incubator programme will be brand new - often within 1-2 weeks after project launch. Through the Incubator, you will be introduced to tomorrow's successful projects offering you the opportunity to become a very early investor when rewards are at their highest.
What does this bring to the Midas ecosystem?
When a project/coin lists through the Midas Incubator programme, they agree to launch exclusively to Midex only being traded via Midex for at least the first six weeks. Any community member or trader wishing to trade this new coin will be joining Midex and the wider Midas ecosystem. A larger community benefits us all!
More importantly, we can change the masternode culture, and increase the probability of a project achieving developmental success. Funds accumulated through a presale are far better served fueling development of the project, not lining the pockets of exchanges! This revolution will provide Midas with a wider attention and reputation.
Do you want to become a Midas partner?
Midas is looking for great projects to join us on our journey. Get in contact with the team via Discord for more details, and visit midas.investments for information on our project, team and road map.