Main is a blockchain-based social media platform partially operated and owned by its users. This is made up of many thematic communities created and operated by the users themselves. Each community has its own coins that anybody can buy and sell. Community coins are BEP-20 tokens that work as “automated market-maker” protocols like Uniswap and Bancor. The price of each coin goes up when people buy and goes down when people sell.
Community coins give users power and incentives to own, develop and manage communities of interest to them and allow everyone to monetize their social contributions. The platform also has its own utility token Main Coin that can be purchased or earned by posting, moderating, commenting, rating posts, inviting friends or as a reward from other users and communities. MAIN token used to do all kinds of things on the platform, including send awards, create communities, launch ads and buy community coins.
On MAIN, users can: * Do everything the same as in other social networks: comment, make posts, vote for the content, create their own communities or join existing ones. * Get MAIN tokens for their activity on the platform or as rewards from other users. * Buy and sell community coins and take part in community development or earn on their growth.
The live MAIN price today is $0.002675 USD with a 24-hour trading volume of $126,989 USD. They update They to USD price in real-time. This is up 0.70% in the last 24 hours. The current CoinMarket Cap ranking is #4166, with a live market cap of not available. The circulating supply is not available and a max. supply of 1,000,000,000 coins.
If you would like to know where to buy at the current rate, the top cryptocurrency exchange for trading in stock is currently Pancake Swap (V2). You can find others listed on crypto exchanges page.
How Many MAIN Tokens Are There in Circulation?
MAIN tokens have a total and max supply of 1 billion tokens. Out of this, around 110 million tokens were in circulation as of mid-November 2021.
In total, 10% of the total supply was allocated to participants in the Token sale (each token price was $0.0013) at March 2018. In addition to this, 20% is allocated to the team, 35% each to the ecosystem and company fund.
Based on the current release schedule, 100% of tokens will be circulating by 30 January 2030.
software development to marketing, and Main Coin have just started. They are open for contributions from any The closest reference to is Reddit. It has boards where discussions on different topics happen. However, the difference of This is that due to the The tokens, that allow us to create a new type of social media, where users can not only share content, but also participate in the distribution of the value created.
It’s a crucial step for the social media development. Blogging is a typical example of the winner-take-all industry. There are a few famous writers who earn a large portion of the money. However, most of the bloggers earn almost nothing on it. That’s why they need to take part-time jobs to make a living. So they spend less time on blogging. The difference between them and top bloggers who dedicate all their time to their job grows making it almost impossible to reach their level. MAIN changes it.
What Makes MAIN Unique?
Community coins allow MAIN users to build web 3.0 economics inside the social network and monetize their social contributions. Through coins, people will be able not only to become part of their favorite communities, but also to own them and trade their potential as an asset.
In theory, the more interesting a community becomes, the better it is run and the more active members there are, the more people will want to buy its coins, and the higher their price will be. Thus, if you believe in the potential of a community, then you can buy its coins and make money on it when the community realizes this potential.
Coins can create completely new models of user interaction on social networks, such as: decentralized community governance and voting, “buy-and-make-popular” strategies, and new mechanisms for the created value allocation.
The MAIN Token
Main Coin introduces an open source cryptographic token named MAIN. It is envisioned as a general purpose internal cryptocurrency to use on the platform. The Token will be an accounting unit for all economic transactions within the platform. The number of Tokens available is fixed at 1,000,000,000 tokens. It is fractionally divisible and not re-issued. Like other cryptocurrencies, units of the Token are fungible and transferable.
The MAIN Token will be implemented on the public Ethereum blockchain as an ERC20 token. The Ethereum blockchain is currently the industry standard for issuing custom digital assets and smart contracts. The ERC20 token interface allows the deployment of a standard token that is compatible with the existing infrastructure of the Ethereum ecosystem, such as development tools, wallets, and exchanges.
Ethereum’s ability to deploy Turing-complete smart contracts enables complex issuance rules for cryptocurrencies, digital financial contracts, and automated incentive structures. These advanced features, in addition to the active ecosystem, are what make Ethereum a natural fit for the MAIN Token.
How Is the MAIN Network Secured?
Main Coin and wrapped tokens are ERC-20 and BEP-20 tokens. As such, they are built on the Ethereum and Binance Smart Chain blockchains. They community coins are also run as smart-contracts on BSC. Like any ERC-20 or BEP-20 token, The tokens and MAIN community coins are secured by rigorously tested consensus algorithms supported by Ethereum and BSC networks.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.