Post
Topic
Board Altcoin Discussion
Re: Mining crypto by walking
by
BChydro
on 14/01/2020, 08:27:55 UTC
A couple of years ago, there was a crypto project named "MangoCoinz" which allowed anyone to earn crypto by simply walking. The app used the smartphone's pedometer to keep track of the steps taken by an specific person. This encouraged anyone to exercise their body while getting paid in return. While this was great back then, the project is no longer being developed. Something like this would've been great to have in the mainstream world today, but I guess there was lack of demand for it back then.
It will be a fun project but to have a valuation for the token they create for you to workout is just outrageous to imagine and the future of the project was known, you cannot imagine that every project can have valuation but for you to have a real valuation you need to have some utility that can create business on its own and you cannot have valuation from thin air and all of these projects fail because they expect valuation out of thin air and that is not how economy function.