- May 18, 2015
It's a programming infrastructure for smart contracts*. Likely to be one of the most legitimately useful cryptos of all ("Ethereum" is the ecosystem/virtual machine which runs programs.; "Ether" is the currency spent within the ecosystem to incentivize processing of the programs by the network). Similarly, look at VeChain, which is all about logistics management via blockchain and has several big corporate partners (e.g. Price Waterhouse Coopers) and is being looked upon very favorably by the Chinese government.I haven’t been able to understand its use case
Ponzi scheme for email/data accumulation. Maybe not, but seems dicey to sign up for.Initiative Q
This isn't really an investment. It's a payment system. But it also kind of looks like a cryptocurrency (though they insist it is different). It requires $0 zero money to get in, but for now you have to be invited.
Initiative Q is building a new payment network. To get people to adopt it, they’re giving away significant sums of their future currency to early people. They require only name, email, and an invite from an existing user. Here’s my invite link:
The basic idea is any payment system needs a robust-sized network to succeed, so they're gifting incentives for people to join and use it. Currently it also doesn't operate. Will it launch? Will it work? Will the Q currency ever be worth anything? Nobody knows. But for $0 down and no commitment I joined when i had a chance at an invite. My invite link -- in fact everyone's invite link -- is limited so if you want in, jump on it. To get your full allotment you will similarly need to sign up some friends, etc.
I also have to verify you after you join, so if I do not already know your real identity, DM me with your real name so I can do so.
Disagree. There are too many simple ways to buy emails cheaply that are more effective and simpler than this elaborate setup. And there are proven ways to get people to pay willingly for crypto units.Ponzi scheme for email/data accumulation. Maybe not, but seems dicey to sign up for.
At some point they’re gonna be asking to link a bank account and that’s from a company not yet functioning but trolling for accounts.