Where do the funds of Publish0x come from?

By Occultist Owl | CryptoMindest | 30 Nov 2020


 

This is a thing that me and others bloggers, authors, readers would like to read about. I've seen people withdraw coins from this platform so we cant argue about if it is a scam or legit because we are assured that it is legit.

As i read in another post of a user here where he mentioned that around 500$ are daily tipped user to user in this platform. I personally dont know where he got that information or even if it is accurate as an amount, but lets not focus that much to that figure but lets keep a random figure in mind.

Other than that figure, the platform needs maintenance, hosting services, staff, etc. It is not only that figure we talked about in the above paragraph.
If i'm going to allude to where the funds come from it will be that they are give from the teams of Basic attention token, Loopring, Ampleforth for raising awareness to the public about cryptos and those specific coins. You can think it as a marketing strategy where the devs or marketing teams of those coins are spreading the word out there. Which in my opinion is a good and smart way, even though it is a considerable amount of coins distributed.

If any of the team is reading this, please put some light in that topic as some users are interested to know(without going into technical details, just an overview)

If anybody has another thought on how this works please take a second and write a comment below because it will be helpful for the ones reading.

Thank you for taking the time to read


How do you rate this article?

8


Occultist Owl
Occultist Owl

Cryptocurrencies Enthusiastic, Blockchain technology learner. Computer Science, Networking and code learning newbie.


CryptoMindest
CryptoMindest

This blog will be particularly my point of view and analysis around cryptocurrencies world, even blockchain technology appliances that i come across in my journey. I'm a believer that the next generation in finances and assets should be transparent to the public, otherwise government and authorities trust is lost from us, the people.

Publish0x

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.