Buy Evan Prodromou's Time with EvanCoin

in #cryptocurrency7 years ago (edited)

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Want to have an hour with Evan Prodromou? That'll cost you 1 EvanCoin.

Evan Prodromou is a software developer and open source advocate. He co-founded WikiTravels in 2003 and AI startup fuzzy.ai in 2015.

Time is valuable for Evan, so he decided to turn the hours of his day into tokens that people can buy and redeem for his time. Your time with Evan could be spent in many ways, like having a friendly conversation or getting startup advice. You could even have him do things like develop software for you. He's willing to do anything, as long as its not "illegal, humiliating, or abusive to others."

From one of Evan's earliest blog posts:

"My friend Kevin Fox once said that in the future we’d all have our own personal cryptocurrency, and I registered evancoin.com soon afterwards, as a ha-ha-only-serious experiment." (Source)

The project wasn't realized until this year when Ethereum took off. Ethereum is a blockchain with a smart contracts framework that allows projects to create their own tokens for decentralized applications. Many times, these tokens are offered for sale to the public at an initial price, called an Initial Coin Offering. The price of the coin is then subject to supply and demand. These tokens can be a way to transact on a platform or can even represent shares of a company. EvanCoin represents Evan's time.

Evan launched an Initial Coin Offering (ICO) on October 1st, selling a small amount of EvanCoin at a discount at $15/EvanCoin. The token's price changes depending on the supply and demand for EvanCoin. Thus, the "demand" for Evan's time. You can also trade them with other people. You can speculate on EvanCoin, buying low and selling high like with any other speculative asset. Already the value has risen to $45/EvanCoin!

Evan told Backchannel,

“People wanted to know whether it was just a stunt,” Prodromou says. “And I’m not above a stunt! But in this case I’m really serious about exploring how cryptocurrency is changing what we can do with money and how we think about it. Money is this sort of consensual hallucination, and I wanted to experiment around that.” (Source)

I like this project a lot. It's the kind of project that gets people thinking outside of the box with blockchain. I decided to buy EvanCoin.

Steps to Buying EvanCoin

  1. Get an Ethereum wallet. I like MetaMask for ease of use.
  2. Buy some Ether. MetaMask has a Coinbase integration if you do not already have a Coinbase account.
  3. Go to the EvanCoin/ETH trading pair on [Decentradex].(https://decentrex.com/#0xb0340c6950199d3c527e104a655bbbe722a9fd3f-ETH)
  4. Deposit Ether into Decentrex using the Deposit function under "BALANCE".
  5. Accept a sell order from the Order Book. I would recommend choosing the lowest rate.
  6. Withdraw your EvanCoin.
  7. Set your wallet to track EvanCoin so your wallet can recognize it.

I just did it and now I have 1 EvanCoin, redeemable for an hour of Evan's time whenever I want. I'm holding onto mine for a bit because I feel that there's only going to be increasing demand for Evan's time from here on out.

Seems kind of weird, monetizing someone's time. But Evan insists that this is only for professional time, saying that "I'm not charging my family to sit down and have dinner with them."

But when it's time to work, time is money.

Website: https://evancoin.com
Facebook: https://facebook.com/evancoin
Twitter: https://twitter.com/evancoin_com

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