The APPICS token sale will launch tomorrow. Have you submitted your KYC-details yet?
DISCLAIMER: This post contains my affiliate link for APPICS. If you use it to sign up and purchase more than 1000 XAP tokens, I will receive a reward.
What is APPICS
Just like Steemit, APPICS is a reward-based social media platform.
The APPICS mobile app will allow users from around the world to earn cryptocurrency by creating and curating quality content.
APPICS will be among the first SMT’s (Social Media Tokens) to be launched on the Steem blockchain and has the full support of SteemIt Inc.
Find Out More About APPICS Here
APPICS Token (XAP)
XAP will be the APPICS platform’s token. XAP can be earned by creating or curating content through the APPICS app and exchanged for other cryptocurrencies.
Just like you can turn Steem into Steem Power, APPICS will allow you to integrate your XAP tokens into a smart contract, generating APPICS Power. This power represents the influence an account has, and also determines the value of upvotes.
XAP Token Sale
The APPICS ICO will start tomorrow, on March 28th.
As you can read on the announcement on SteemIt:
Our ICO offers 4 rounds with different requirements and boni:
Round A Investment Minimum: $5000 (15% Bonus)
Round B Investment Minimum: $2500 (10% Bonus)
Round C Investment Minimum: No Limitation (5% Bonus)
Round D Investment Minimum: No Limitation (0% Bonus)
If you want to invest in the token sale, it is important to submit your KYC (‘Know-Your-Customer’) -details right now, so your info can be reviewed as soon as possible.
You can find a link to submit your KYC-details in the top menu at the APPICS Website.
The information you need to submit depends on how much you want to invest. If you don’t plan on investing more than $1000, all you need to submit are
- Your full name
- Your residential address
- Your date of birth
Some Personal Thoughts
I’ve read the APPICS Whitepaper - which looks good to me, but what do I know about whitepapers? - and I’m under the impression that it will basically work like SteemIt. The creation and curation rewards, the 7-day payout for posts,...
Reading through the website, I got really curious about the app, but so far the only info about how it will work is revealed in a video of the presentation of APPICS during Finovate Middle East 2018. You can watch that video below.
The app will only be released in the 3rd quarter of 2018, although there will be a limited ‘soft launch’ soon.
I’m dying to know more about the app, but it appears I’ll have to be patient. Very patient.
Meanwhile, I did register for the token sale. Did you?
Register For The Token Sale On The APPICS Website
To stay up-to-date, you can register for the newsletter at the APPICS website and/or follow the account here on SteemIt.
The above reference is for information purposes only. It is not investment advice. Always do your own research or find a licensed professional for investment advice.
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Image Sources:
APPICS Official Youtube channel
Screenshot taken from the APPICS Whitepaper
Manna banner taken from Mannabase.com
This post contains affiliate links to APPICS, Bitsfarm and Mannabase. I will receive a compensation if you use these links to sign up