Welcome back everyone,
Today i will talk about something special coming once again from the blockchain industry. We have heard, seen, and, used play to earn, write to earn, stake to earn, walk to earn, etc coming from the blockchain industry where we earn crypto for all these activities.
Today i share a addition to all these earning opportunities. You heard that right, so the new addition to these is watch to earn and i am not joking about that. Now you can earn watching movies and short films as well.
The idea has came from the project named Myco. Now for most of the readers this name might be a new name as the project is launched today itself. There token was trading before as well but the idea they sell has lauched today itself.
So in this blog i will share in brief about the idea and also share how their native token has been performing so far. I will leave links to their official handles at the end so that you can go and do your own research there.
Watch to earn - A Interesting and attractive idea
Definitely people will get attracted to this idea very easily as they simply have to watch to earn on this platform. What these people say about Myco is that they think our time is precious and we spend alot of time watching movies and different stuff. By bringing in watch to earn they give power to the vieweres as well as the streamers.
In a recent news they have announced and asked people interested to submit their projects to mycolabs. They are going to collect 30 entries out of which only ten will be shortlisted and they will further go through a criteria that will decide whether they will get the funding or not.
As far as i know, Mycolabs will fund those projects that are able to raise 35% of their budget by any means and then the remaining 65% will be funded by team Myco for these projects.
It is really a good opportunity for struggling producers, they can participate in this and get themself a good help for sure. The deadline to submit your proposal is November 5 so make sure to go and submit it before the date is reached.
The Native Token - MContent
I wanted to share a small information to the readers about the native token of their platform. This is the token they will reward user who watch on their platform in future. Let us learn all the details about their token below :-
Name of the token : MContent
Total Supply when launched : 10,000,000,000,000,000 ( 10 Quadrillion )
Total tokens burnt till date : 3,973,754,946,564,680 ( 3.97 Quadrillion )
Current Total Supply : 6,023,505,460,604,170 ( 6 Quadrillion approx )
Circulating Supply : 3,683,217,892,404,078 ( 3.68 Quadrillion )
Market Cap : $2,148,110 ( $2.1 million )
According to me these were some important details that i think was worth sharing with everyone.
There total supply is still so much but i am happy to see that they have burnt almost 40% of the total supply until now. I don't have information about how they have burnt the tokens in the past so that is the topic to research about.
The project seem to be carrying a good idea in my personal opinion and considering that i think this might perform well in the coming bull run. Even the market cap is settled at 2.1 million dollars and that is quite low so if the projects goes well we can easily see it coming to 200 to 800 million dollars market cap.
All this will again depend upon how the project will work in coming days. I have no financial advice here and so kindly do your own research in case you want to put your money into this project.
Here are some important links that might be helpful for the readers interested in this project.
Here is the bsc toekn address for this token : 0x799e1Cf88A236e42b4A87c544A22A94aE95A6910
I will now leave and ask people to leave their opinions about this project in the comments below.
Thank You