The unique social media network that is tailored to cryptocurrency, Yours.org, has raised $1.5 million for its project which aims to introduce mainstream users to cryptocurrency.
Yours.org is a unique social media-like concept which is tailored to the crypto community. Essentially, users get rewarded in bitcoin cash for creating content. This platform now seeks to upgrade their operations after raising $1.5 million in funding. The funds, called the Series A funding, was provided by prominent mining companies, Nchain and Bitmain, will be used towards the site administrators’ mission to create awareness of cryptocurrency and provide mainstream users with easily accessible educational materials on the subject.
Yours.org was created by Ryan X Charles, a notable bitcoiner. Since its establishment last summer, the platform has grown into one of the most successful websites to use and implement bitcoin cash. The platform consists of a number of elements such as social networks and news blogs in a minimalist design which allows users to share everything from cryptocurrency news, humor, art, and fiction. Ever since its establishment, the site has been wildly popular and continues to grow in number. Yours.org, was also positively received by the crypto community, as crypto enthusiasts finally had an incentive to create strong content that is relevant to them.
Several crypto veterans have waxed nostalgic over their very first crypto purchase. The earliest purchases were likely limited to darknet purchases or small peer-to-peer transactions using bitcoin. However, one aspect remains the same, the thrill of their very first purchase. However, recent bitcoin bandwagoners can’t pretend to know the same joy as newcomers to the industry have yet to find out what it truly feels like to hoard buy, and of course, hodl. However, Yours.org is hoping to change that.
At the moment, the bitcoin network is essentially useless, at least for small transactions, however, bitcoin cash is stepping up and proving to be a viable alternative.
When the Yours.org CEO, Ryan X Charles announced the platform’s latest ambitions, he stated that any individual anywhere on the planet has the capacity to earn money from doing what they feel passionate about. The CEO added that there is currently a huge potential to change the social media structure and to enhance the overall quality of available content.
The crypto community is a fan of Yours.org, this includes Jihan WU from Bitmain. Wu noted that the platform has been hugely beneficial in ensuring that bitcoin cash has utility even in small amounts. The capital that Nchain and Bitmain have provided will allow the platform to hire more engineers to grow and reach a wider audience.
