Online Blockchain PLC Half of PlusOneCoin (PLUS1) now in circulation
September 16 2021 - 2:00AM
RNS Non-Regulatory
TIDMOBC
Online Blockchain PLC
16 September 2021
News Release
September 16(th) , 2021
Half of Online Blockchain's PlusOneCoin (PLUS1)
Now in Circulation
Social media cryptocurrency hits significant milestone and eyes
more publications for integration
PlusOneCoin, an Online Blockchain cryptocurrency project
developed in conjunction with global stocks, shares and crypto
information website ADVFN, has issued 50% of its maximum
supply.
There are now over 10 million of the minable coins (PLUS1USD) in
circulation. PLUS1, which is listed on CoinMarketCap and CoinGecko,
enables holders to reward posts they find valuable on the ADVFN and
InvestorsHub platforms by up-voting ('+1') thereby promoting and
amplifying this content on the site and bringing it to a larger
audience. It is a way for social media users to earn money as most
PLUS1 goes to the post author (encouraging them to create further
outstanding content); the remainder is for the publishing platform.
With PlusOneCoin, the whole community is incentivised to create
quality posts and give social validation where it is warranted in a
content virtuous circle. As this all takes place on the blockchain,
the process also vanquishes fake online engagement.
In addition to rewarding valued content, the cryptocurrency - as
featured on TechCrunch - can be traded between wallet holders,
mined on any personal computer and bought and sold on SouthXchange
and Finexbox. Coins can also be obtained for free with ADVFN's
PlusOneCoin Faucet. Defined by Online Blockchain CEO Clem Chambers
as a social affirmation coin, PLUS1 acts as a social media
cryptocurrency enabling a website to generate more money for
itself, its users and its content providers.
"PlusOneCoin is well integrated into the ADVFN and InvestorsHub
ecosystems and is very popular amongst a large tranche of our 36
million users as is reflected by the number of PlusOneCoin in
circulation," said Clem Chambers, CEO of Online Blockchain. "We
look forward to implementing PLUS1 on other media platforms."
Find out more: https://www.plusonecoin.org/
- ends -
NOTES TO EDITORS
Online Blockchain PLC enquiries: Clem Chambers (CEO):
clemc@advfnplc.com
Press enquiries: Francesca De Franco -
francescad@advfnplc.com
About Online Blockchain plc (LSE: OBC)
Online Blockchain (www.onlineblockchain.io) is a UK-based
incubator and developer of businesses in internet and
information-based technologies, including developers,
administrators and custodians of blockchains and cryptocurrencies.
The Company created ADVFN www.advfn.com and today still has a
holding of 17.98% in ADVFN plc.
Online Blockchain plc continues to consider new related
opportunities and particularly crypto currencies and
blockchain-based opportunities including incubating cryptocurrency
start-ups and developing technical innovation in the blockchain
space. Led by a team with over two decades of pioneering in tech,
Online Blockchain focuses on innovation in cryptocurrency and
decentralised ecosystems via various applications of blockchain:
incubating cryptocurrency start-ups and developing technical
innovation in the blockchain space.
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