Freehold == new Smart Crypto Community?
Blockchain technology is developing at an exponential pace and new opportunities for its use are emerging. Cryptocurrencies offer more and more ways to use their tokens. There are several thousand projects on the market and their number is constantly growing. Everything indicates that we are on the right track. But are you sure? Is the next step just another crypto bubble? Cash in the profits and return to fiat currencies?
Each cryptocurrency project has its own community that has been trying to build from the beginning. These communities most often focus on instant messaging services such as Discord, Telegram, services such as GitHub, Reddit or social platforms such as Twitter or Facebook.
You can often meet groups on Telegram and Twitter, which include several or even several dozen users. Most often these people are so-called Hodlers of a given cryptocurrency. Their main role is to buy tokens cheaply and sell them more expensive. But what does this actually have to do with value building around the project? How many people out of these tens of thousands actually contribute to the group, help others, or even have the knowledge to reliably explain to new people what a given project does? How many people use the project’s solutions and encourage other people to use it? At the same time, each of them expects new price peaks — easy and quick money. Even if the team is working hard on the development of the project, implementing new milestones. However, one most important piece of the puzzle is still missing.
Cryptocurrency adoption does not proceed by itself. We — the users — have a considerable influence on it. The project, which is used by many people and who share knowledge about it, gains widespread recognition, faster adoption, which is also reflected in its price. The community plays a huge role, especially in the early stages of a project. Thanks to it, it has a much better chance of being noticed on the market. As a result, the team has the opportunity to obtain additional funds for its further development, which may affect its success.
Freehold enables Hodlers to get involved in the development of the project. Connects people who share common beliefs and goals. Brings together users who want to share knowledge and experience with others. Gives them the tools to deepen their knowledge about a given project and rewards them for their input into its development. Connects two groups that have been divided so far — programmers and traders, so that they can complement each other in knowledge and contribute more value to the supported project.
Freehold is currently focusing on the Blockstack ecosystem, which actively supports by rewarding Freeholders in Bitcoins for the next stages of education and the value created about it. One of the key aspects of being a Freeholder is holding your Bitcoins, which at a later stage of Blockstack development will allow you to secure the blockchain Stacks. It is also one of the ways to support this project.
Building an active and aware community through education, mutual support and the use of crypto projects is one of the key factors in increasing adoption and innovation.
That’s what Freehold does and that’s what Fr==hold is!
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