Apps and Content and Gaming … Oh, My!
Over the past two posts we’ve examined some of the altcoins available for trade at Coin Cloud BTMs. In this third entry in a series of four articles, we get to have a bit of fun … because these altcoins are made for playing, gaming, watching and more.
Apps are designed for countless purposes, and more and more of them are being built on decentralized platforms. These decentralized apps (DApps) and their tokens let you advertise, send and receive money, interact with virtual worlds and more.
Basic Attention Token (BAT)
The Basic Attention Token (BAT) is an Ethereum-based utility token for online advertising. It’s meant to be used for payment between advertisers, publishers, and users of the BAT platform, a blockchain-based digital advertising and services platform.
What about a payment app that pays you for making payments? That’s the promise of METAL, whose app Metal Pay is designed for buying stuff with their own MTL token and other digital currencies, or pretty much any currency you like. It’s like Venmo meets Coinbase, allowing you to send and receive money for free, but with some aspects of a digital wallet. The intention is to introduce cryptocurrency to the masses by making it fun and familiar — just like Coin Cloud does!
MTL is generated through the app’s Proof-Of-Processed-Payments (PoPP) system, and you can earn a reward (called a “Pop”) of up to 5% of all transactions, paid in MTL.