A social network for crypto fans, with prized contests for highest-return portfolios and other unique features
In the past few months, I've been working on a website, called Popcoyn (https://www.popcoyn.com), which is a social network for cryptocurrency enthusiasts. As a big fan of crypto, I incorporated all things I thought were missing from other websites into this.
Here are some features of the website:
I created (and will maintain) a few indexes (or indicators) for the cryptocurrency market. For example, CryptoCap100, sum of the market cap of the top 100 cryptocurrencies, is the crypto equivalent of S&P500 in the stock market. Similarly, Crypto Essentials Average is the average price of 12 prominent coins, and is the crypto equivalent of Dow Jones. There's also Bitcoin Dominance index. You can check the list of all indexes (along with coins and tokens) here: https://www.popcoyn.com/coins-and-indexes.php
On Popcoyn, you can create a portfolio. That is not new. Many other apps offer that. But we allow you to share your portfolio with others, follow other users' portfolio, and see how these portfolios evolve compared to each other in easy-to-read graphs.
We know a lot of people don't like to make it known how much they've invested in crypto. To meet this concern, when we show your portfolio to other users, we scale the amount of the coins in the portfolio so that your portfolio has a total value of $100K. This way others can see the proportion of different coins in your portfolio, but will not know how much money you actually invested in crypto.
When you change your portfolio, we keep a record of the older versions so you can compare the performance of different versions over time.
We have weekly, monthly, quarterly and annual contests to see whose portfolio gains the highest returns. https://www.popcoyn.com/contests.php You will be automatically enrolled in all contests once you make a portfolio. The winners win prizes, which are in Dogecoin. Currently, I'm using my own cryptos to fund the contest prizes but I hope over time donations will help me have bigger prizes for the contests. You can identify users who consistently win contests so you can explore their portfolios and see what they're doing right.
Also you receive a little bonus (10 dogecoin) when a new user joins Popcoyn with your referral.
When looking at a coin page, in addition to usual info, you get portfolio insights: like what percent of users have that particular coin in their portfolio, or what other coins such users have in their portfolio. See this for example: https://www.popcoyn.com/view-info.php?id=ETH
You can sort the coins based on a variety of factors such as market cap, volume, change in price, change in volume, circulating/total/max supply.
The website provides a comfy platform to have conversations about investment strategies, coins, indexes, or contests.
I really hope that you will use and enjoy the website. Let me know what you think. (I'm sending this on some other reddit pages as well. Sorry if you see it several times.)
With the mass adoption of anything "social media" and with the Bitcoin Economy coming to terms with its own identity I can see an upward pressure for REDD to be trading at .25 USD in the short run. As the Admin get their act together and use the social media to communicate the qualities of what REDD can do for the "millennials" it will only become more entrenched.