The Qwids team has for a long time discussed the fantabulous use-cases it can provide for business owners across the world, increasing user generated content on social, growing micro-influencer networks to mention just a few examples. In this article we look at one such example of how a startup called The Joinery is making best use of the Qwids service.
In the beginning there was the crowd. And the crowd was good!
A much hyped and somewhat disruptive recent development in the world of cryptocurrency and blockchain is the crowdfunding technique known widely as an Initial Coin Offering, or ICO; Initial Token Offering (ITO) if you prefer a more accurate description. An ICO or ITO, is simply a fundraising mechanism in which new Startup projects sell their underlying crypto tokens in exchange for primarily bitcoin and ether. You can read more about ICO’s HERE – https://www.nasdaq.com/article/what-is-an-ico-cm830484
What is The Joinery?
The Joinery™ is a token market to match the ideal community with blockchain based solutions (an ICO). The local token is called SB (Social Bond) and is what The Joinery calls a Power-Of-Engagement token, which means that it serves as a matchmaking token between the power of an engaged community and an inspiring crypto solution. In a way you could see The Joinery as an escrow of engagement. You can read more about The Joinery HERE – https://bitjoin.us/joinery/
What is the role of Qwids?
Qwids acts as the engine for powering both the token management & distribution of The Joinery’s token – Social Bonds, and provides a platform for the trading, collecting, earning and spending of the Social Bond token by the crowd.
How did The Joinery find its ideal community?
In partnership with airdropalert.com, The Joinery identified the ideal community for their Social Bond token and has made great use of the Qwids platform to develop their very own community for their up and coming Air Drop on the 3rd of April. You can read more about Air Drop Alert and the up and coming Social Bond Air Drop HERE – https://airdropalert.com/
Subscribe to the Qwids Blog and stay tuned for a follow up blog post to see how The Joinery are progressing with the help of Qwids.
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