Authorship.com, has the Competition arrived?
Props to @frankydoodle for finding this one https://steemit.com/cryptocurrency/@frankydoodle/free-75-authorship-tokens-after-signing-up-here. Authorship.com, the people behind SeriousReading.com and DotWriter.com are coming to the ethereum blockchain with their own ATS TOKEN
The ICO
To kick things of they have a referral program in place just like the WCX exchange I posted about in one of my previous posts earn free coins!.
You basically get free coins by signing up (75 ATS which is about $10 worth) and can get even more if people use your link to sign up. So if you have a large network you could potentially get a lot of free coins.
You can sign up using my link here.
When signing up you have to submit an address of your ethereum wallet that supports ERC20 tokens.
For wallets like Metamask use the following info:
The ATS token contract address is : “0x2dAEE1AA61D60A252DC80564499A69802853583A”
Token Symbol: ATS
Token Name: Authorship Token
Token decimals: 4
You can also just buy the tokens. The minimum is 1 eth and will get you 2000 ATS.
What are they about?
Here is where it gets interesting. Authorship wants to bring authors and readers together and cut out the middleman by using the blockchain. Authors will receive payment in cryptocurrency (the ATS token) which can be exchanged for fiat currency.
Sounds rather familiar don't ya think?
The implications
Reading about authorship made me think a lot of Steemit, with the exception that they focus on literature, but I can imagine that this will be interesting for authors on Steemit specializing in writing stories.
I started to wonder if it is possible that more specialized platforms like these will come and draw people away from Steemit.
For example:
A snapchat-like cryptocurrency driven site
A forum-like cryptocurrency driven site
A youtube-like cryptocurrency driven site
etc.
Now I know what you are going to say in the comment sections, Steem does all of this and has Dtube but hear me out. I would like to pose the theory that Steemit is in danger of becoming a jack of all trades but master of none.
This means that Steemit opens itself up to competition from specialized platforms that might lure users away.
Competition good or bad?
So is Authorship a competitor or a different kind of service? Even if they aren't it raises the question if competition will be good for Steemit or just plain bad.
My take on this is that competition is good and will force Steemit to up its game which will benefit the users.
Authorship.com a competitor to Steemit? Do you think that competition is good for Steemit or not? And is Steemit a jack of all trades and is this a good thing or a bad thing?
Let me know in the comment section
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goooood and nice post
yeah, i don't know, those are big questions... Steemit is big in the crypto/libertarian/free-thinking categories in general, but actually i think a lot of the posters for travel/photo/food/fiction writing are a bit more mainstream. The future, confusing is (-:
Wise words Yoda :) I kinda like the concept. I think I will buy some coins as an investment. I do think a little competition will be good for Steemit. I am following this guy who is working on a Steemit fork. Road is a little bumpy but I hope he succeeds. We live in interesting times.
Not that sure but it appears to me that this is a scam tho, they claim that they have raised more than 800,000 USD but the eth address in their website only shows about 80K worth eth in transactions. There is no way they can all the ATS tokens thru this referral at a decent amount.
Check this for the total eth sent to their address,
https://etherscan.io/address/0x3aae4da9A22d518996031791D3Bd61f45DEf6aC7
Also, their ICO isn't listed on established ICO sites such as coinmarketcap, cryptocompare or what.
The people behind SeriousReading.com and DotWriter.com are trustworthy but you are right (can't deny the facts). I will dive deeper into the connection between authorship.com and SeriousReading.com and DotWriter.com. Maybe the peeps at authorship.com are not who they claim to be. What I found odd was that the buyin was at 1 ether minimum. Thanks for the heads up.