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Rumors Confirmed: ASKfm, The Largest Q&A Social Network, To Launch Its ICO

· 07 May 2018 in Cryptocurrency News, Home, Press Release
Carlos is an international relations' analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.

ASKfm – the largest Q&A social network in the world – launches its ICO. 215 mln users will be able to use an initial token, ASKT, to create self-sustainable economy of knowledge. 

The rumors recently shared by several crypto media are now confirmed. The largest Q&A (question and answer) social media, ASKfm, launches its ICO. Over 200 mln users from 168 countries will be able to join the Token Economy being rewarded for their expertise. It has all the chances to be an unprecedented case turning so many users into tokens holders.

Your answer is an asset

An internal token aims to provide incentives for participants within a self-sustainable blockchain-based ecosystem. Contrary to “traditional” social media skimming the cream from unique content created by authors, ASKfm 2.0 allows users to be directly rewarded with tokens.

Any participant of social interaction (question/answer in this case) takes part in Economy of Knowledge creating. Everyone has their benefits: for a juicy question, useful answer or validation. Aside from ideal scheme “question – answer – reward,” the process may include a lot of casual cases which are also being sustained by algorithms and incentives.

“We are settling our high-loaded blockchain Q&A platform — that’s why we are introducing a new cryptocurrency token not on a whim but out of conceptual necessity. Blockchain opens a path to democratic environments, to self-regulating economic models governed by market laws and mechanisms,” says CEO ASKfm 2.0 Maxim Tsaryk.

Currently, the project is in the Private sale stage, while Pre-Sale is supposedly starting in June 2018. 50% tokens (1 000 000 000) will be offered to investors during the ICO which is reportedly set to August 2018.

The project maintained by a team of lawyers, directors and advisors from the UK as well as highly respected blockchain developers from Ukraine, is going through its beginning phase. Further ASKfm 2.0 will move to a new, high margin business model — Massive Open Online Course market involving gamification-based learning, adds Maxim Tsaryk.

To find out more information about ASKfm 2.0 ecosystem and token distribution kindly visit the website askfm.io

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