Coinswipe Brands Itself as 'Tinder for Scoring ICOs'
References: coinswipe.io & producthunt
Nearly everyone has a passing understanding of cryptocurrency at this point, and that's opened the floodgates for hundreds of weak initial coin offerings, so Coinswipe creates a fun, easy way to crowdsource the work of separating the good crypto from the bad. The app uses a Tinder-style swiping mechanic to let users quickly rate the quality of cryptocurrencies that are currently available for purchase.
Not only does the app create a crowdsourced resource for people considering which ICOs to invest in, but it also incentivizes the process. Users get in-app points for swiping, but if their judgments prove to be accurate after 12 months, they receive payment in actual cryptocurrency from a separate legal entity with no ICO. This increases the likelihood of the app's assessments positively correlating with reality.
Not only does the app create a crowdsourced resource for people considering which ICOs to invest in, but it also incentivizes the process. Users get in-app points for swiping, but if their judgments prove to be accurate after 12 months, they receive payment in actual cryptocurrency from a separate legal entity with no ICO. This increases the likelihood of the app's assessments positively correlating with reality.
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