Looking for a Shitcoin? BLOG Token......
There is one user on LeoFinance who always likes to fantasise over shitcoins and flog the...... well shit out of them. So I went looking and @trumpman, here is one that is shit but has a relevant name and, who knows, could become something worthwhile.
The BLOG token was released in October last year on Hive-Engine and posts can be rewarded with tokens by using the tag #blogtoken. Here are some interesting points regarding the Blog Token:
There are 5.16 million tokens currently circulating and only 460k (9%) are currently staked.
Currently only three accounts hold 70% of the staked tokens and the tag is not widely used.
Payouts occur after only 24 hours so you have to get in quick to upvote a post. Authors receive approximately 75% or rewards and curators 25%.
You can buy the whole sell side on Hive-Engine for 862 HIVE so it is going for an absolute motza at the moment!
There is only one post from the creation account: https://blogtoken.io/blogtoken/@blogtoken/blog-token-social-media-with-rewards that gives no indication of anything other than:
BLOG Token social media with rewards. Rewarding truth content and personal posting. You can also earn BLOG per daily by staking.
With the information from this one post I have invested a significantly large amount of 20 HIVE into this token. After all, I do Blog and a BLOG Token just makes so much sense!!!!
DYOR - although I am not sure what research you can do.
N.B. This post may contain traces of sarcasm.
Thanks for reading.
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