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Home Press Release

Bizznerd Announces Token Sale To Build Publishing Ecosystem On Stellar Blockchain

Ash Bonga by Ash Bonga
June 8, 2021
in Press Release
Reading Time: 4 mins read
Bizznerd Announces Token Sale To Build Publishing Ecosystem On Stellar Blockchain
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BIZZNERD Token Sale & BIZZNERD Token Luna Drop

For the greater part of the last two decades, news media from television, to radio, through to the internet, have displayed what seems to be a weakening desire to provide good quality investigative journalism.

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Interestingly, this is not a fault of the industry. Instead, it is most likely a response to user demand. A significant portion of consumers are more interested in celebrity gossip, social media and YouTube. In turn this has left the needs of those who want hard hitting, and sometimes difficult to grasp, topics somewhat underserved.

When it comes to certain subjects, getting the facts requires a lot of digging. This is an unfortunate situation considering the fast pace lifestyles of the modern world. People simply don’t have the time. Couple this with the rise of shadow experts in every corner of the web, and the situation starts to look very bleak.

One could try to gather all the best talent in one space, but that could prove very difficult, if not impossible. The easiest approach would be an environment where readers are able to reward the talent directly. This was made especially easy by the advent of digital currencies.

To support quality writers and news on our portal and elsewhere, we released our token BIZZNERD. Via our news outlets, we will also try to support Stellar, Keybase and other assets built on Stellar Blockchain as we have done in the past.

Our main goal – which is to protect our investors, readers, publishers, and workers from false or hype news from crypto or other industries – will remain unchanged.

BIZZNERD Economics

The launch of the native token is only the beginning. Soon after we officially start with the token sale, we will begin work on bringing the BIZZNERD marketplace to users. It will be a unique trading platform where one will be able to trade goods (apps & games) and services using different cryptocurrencies or with the native BIZZNERD token.

It will also feature an end-to-end publishing media platform that combines state-of-the-art digital newsroom software and workflows backed with blockchain technology. To add to this, BizzNerd will establish a strong relationship between publishers, readers and advertisers to make news great again.

This is a project that requires good planning and careful consideration, and is currently in the works.

BIZZNERD Token

The BIZZNERD token is built on the Stellar blockchain and is therefore no different to Stellar XLM. Trading of BIZZNERD tokens began on 21 February 2020, however, this is not the official date of the token sale. The official token sale was planned for the third quarter of 2020, but was pushed back to – a soon to be disclosed – date in 2021. Details can be found here on the official ICO page.

The BIZZNERD token will serve as a medium of exchange on the BIZZNERD marketplace and a means to reward the efforts of quality writers. Token holders can also earn a little extra by staking their BIZZNERD tokens.

How to Add BIZZNERD Token to Your Wallets?

If you use SDEX exchanges like Stellaprot, StellarX, Interstellar, StellarTerm, Scopuly or wallets like Solar, Keybase, Litemint and Lobster just find a BIZZNERD asset to add to your asset lists.

If you are using a custom Stellar wallet you can find more info here – “how to trustline to your Stellar account using Transaction Builder“.

However, if you are using Keybase, it is really simple. Sign in to your Keybase app and go to Wallet Settings. There you’ll find the “Manage Trustlines” option.

Click on manage “Manage Trustlines” option and find BIZNNERD asset. The final step is to click accept and add it to your wallet.

Remember that Stellar holds 0.5 XLM per trustline from your Lumen balance.

How to Buy BIZZNERD Token?

You can purchase the token here , or on any exchange that supports the Bizznerd token. Those include Stellaport, Stellar X, Scopuly, and more.

Conclusion

A small amount of BIZZNERD will be released periodically before the official token sale. If you want to stay up to date with developments, you can follow us on Twitter, Facebook, subscribe to our BIZZNERD newsletter, and join our Keybase team. Stay tuned, the airdrop starts soon.

Tags: AltcoinBizznerdBlockchainICOPublishingStellar Lumens
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