Uhive, the newest social network coming out of the tech hub of London, announced the launch of its crypto token rewards scheme recently. The new social media platform is giving away 8 billion tokens for the first 200,000 new users who sign up. New users on Uhive have the opportunity to earn Uhive tokens (the platform’s own cryptocurrency) simply by downloading the app, posting content and engaging through likes, sharing and commenting on other posts.
Uhive was built from the ground-up to incorporate its own cryptocurrency – Uhive Token. Tokens are built on the Ethereum blockchain and are used to facilitate multiple transactions across the platform. These range from users being paid a share of the revenue their content generates, purchasing spaces (additional profiles), space names (Uhive have suggested these may be tradeable in the near-future), as well as goods and services offered on Uhive’s marketplace.
Uhive’s goal is to make its social media app an essential go-to-platform for social media users worldwide. Getting Uhive tokens into the hands of as many users as possible is key to this. By sidelining 8 billion tokens for distribution, Uhive plans to make using crypto an everyday thing for its users. Incorporating Uhive tokens into the social network means people who don’t necessarily understand the technology will still be able to use it.
Uhive continues to make inroads regarding user adoption and recently celebrated its 2 millionth post. As more users sign up to the network and tokens are traded across the platform, Uhive’s underlying principle of rewarding users for their time will become increasingly attractive. As Uhive pushes the boundaries of what’s expected from a social network, its users will experience multiple Uhive token-driven experiences. An in-app marketplace, where goods and services will be traded using Uhive tokens is next on the team’s agenda and is expected to launch this summer.
Uhive is currently available to download for Android on Google Play, and iOS through the App Store.
For more information about Uhive tokens visit our website.
About Uhive
Uhive is a social media app that’s aiming to create real disruption by placing user privacy at the absolute core of its values, giving back a substantial share of revenue via its own digital currency [UhiveToken], and introducing an entirely new content discovery UX. Individuals are given the option to communicate publicly or try on a new identity and anonymously interact with one another in the ultra-private Free world. While our revenue-share model rewards users whose content we monetize with an impactful percentage,
creating a robust community, and truly giving power back to the people.
For more information, please visit our website.
Disclaimer: This a paid post, and should not be treated as news/advice.
