Social Sites Powered By BitcoinCash Are Pumping BCH Community & Global Adoption : Memo.cash Edition

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Written by
3 years ago

In past few years social media became a part of life of any human being, people started sharing their personal life, their happy as well as sad moments and at the same time businesses started booming as they reach closer, a click away from their potential customers. Social media has so much impact on human society and social lives. But because of increase in centralisation & greediness in those social sites, people are looking for other options.

Building a community around your business or products is one of the main thing in marketing strategy, I'm not MBA graduate but anyone with entrepreneurial mind/spirit can understand it. And in case of crypto, specially BitcoinCash is a currency which is supposed to be used by the people, so building community around it is one of the most important thing to achieve global adoption. So in this article we'll explore one of social media platforms powered by BitcoinCash and how it's pumping BCH community as well as BCH adoption.

Memo Cash

Total Actions : 1,069,324

Users : 15,514 (& counting)

Memo.cash is one of a decentralised social media platforms powered by BitcoinCash blockchain. An user can perform various traditional social media activities like posting your posts, images, videos, like, share and follow, along with those features memo.cash also provides a native tipping system. As every memo profile is connected with a BCH wallet address it makes possible that each and every post on memo visible on BCH blockchain.

From the launch of Memo.cash, this social media platform became popular among BCH community and today it has thousands of daily active users and millions of activities. Memo.cash also has it's own android app & the team also working on iOS app.

Memo.cash Stats

From above stats you can understand that the platform is getting crowded day by day and that's very good thing as an BCH adoption point of view. Checkout the second last stat 'token tips' which is counted to 20,112 which shows that people are not only liking and sharing posts but also tipping other members, which shows the economy of the platform is also getting very reach and that's a very big success for BCH community as BCH is getting used as a currency.

Recently memo.cash platform also launched a very unique as well as an awesome feature where users can create their own SLP (simple ledger protocol) tokens and it also provides a buy & sell options like an exchange but the UI is still little messy but hope it'll be redesigned or improved in future. But still the memo.cash users responded positively and at the time of writing this article there are almost a million action related to SLP tokens. Checkout the following stats :

SLP Stats

Because of these features provided by memo.cash, it is clear that it's not just a social media platform which allows you to like, share and follow but also allows their users to perform various economical activities (powered by BCH) like tipping and creating personalised SLP tokens. With the help of these features, it is obvious that more users will use BCH as a currency at least for interacting on memo.cash and in future BCH will born as an mainstream global currency.

This is it for now, if you haven't registered on memo.cash yet then this is official website : https://memo.cash/


Hey people !!

If you like to get notified for my future articles, which are completely related to blockchain & crypto then subscribe/follow me @Ashma

Thanks for reading...🙏🙏

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Avatar for Ashma
Written by
3 years ago

Comments

great article my dear freind

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3 years ago

article is full of information dear

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3 years ago

Subscribe me

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3 years ago

I have an account here, I just cant put my Profile picture because I can't upload an image to imgur ðŸĪ§, and thank you for sharing this.

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3 years ago

Might some loading issue or something else, checkout their guide (if you haven't checked yet ðŸĪŠ) & glad you liked this article 🙏🙏 https://memo.cash/guides

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3 years ago

Check that already but the New Ppost button in imgur is nowhere to be found, they want me to install the app first ðŸĪ§

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3 years ago

thanks for sharing

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3 years ago

You're welcome @Diana.19 hope you find it informative

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3 years ago

Thanks. I was planning to register here before but was lazy.. I'll do I lt now 😅

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3 years ago

😁😁

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3 years ago

Still more convenient here 😅😅 have you tried project blue fire?

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3 years ago

Nah... haven't herd about it.

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3 years ago

Check it.. Install an app.. You can find at store.. Some radcashers are there already or search project blue fire article here to know bout it

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3 years ago

👍 thanks @Jane I'll try it out

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3 years ago

How about Member.Cash, Memo's reddit brother? It's ran by the same protocol Memo has, and it's being built up.

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3 years ago

Yup, it's on my list and will talk about it in later articles but still memo protocol is really supporting both BCH as well as BSV communities

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3 years ago