What is POINTS Cryptocurrency?
points·@chiefmappster·
0.000 HBDWhat is POINTS Cryptocurrency?
Points this. Points. It seems like everywhere we turn we are earning points. #### Win a tournament you get STEEM, SBD, Beyondbit, Whaleshares, and/or points. #### Enter a challenge or contest you get SBD, Beyondbit, Whaleshares, and/or points. Even off Steemit, everywhere you turn you are being handed points for your purchases, your loyalty, and other behaviors in your life. ### So isn't time for an cryptocurrency called Points? <center> </center> Enter the beauty of the time we live in. #### It has never been a better time to establish a long-term electronic currency with value. ### POINTS will be one of these currencies. #### Initially, POINTS will be distributed and traded on the Bitshares network. <center>  </center> ## The ultimate goal of POINTS is to be a vehicle of real, positive change that will introduce humans unfamiliar with cryptocurrency. #### It will be distributed to social media influencers on other platforms to be used similar to Beyondbit and Whaleshares. they will be given away as an additional prize or reward for contests, challenges, and loyalty. This will introduce the social media influencers to crypto and Steemit, and will also introduce their social media followers to it as well. This is the synergy we have been waiting for. ## A long-term cryptocurrency for good that will be used by people as a gateway into the world of cryptocurrency. ---- #### Besides being distributed to social media influencers, POINTS will be given away on Steemit as well. Both the Beat Battle League and the Community Poker Game hosted by @nicnas and the upcoming Community Casino Blackjack game hosted by @bethalea use/will use Points as an additional reward and way to track rankings. The Beat Battle League currently calculates Points as the number of SBD + Whaleshares earned that week. For example, in Week Two of the League @verbal-d won 25 SBD and 60 Whaleshares earning himself 85 points (25+60). #### These points are updated every week to reflect the current standings and allow every member of the League to see where they stand in the battle for the championship belt. <center> </center> #### Little did they know each Point they have earned so far will be exchanged for a real-life cryptocurrnecy called POINTS. The exchange will happen on October 2, 2017. The top three (3) in the standings will have the option to redeem their points for the cryptocurrency POINTS. If you do so, then their Beat Battle League score will be reset to 0 and they can start the climb back up the Beat Battle League Leaderboard. #### Or they can keep their points and remain where they are in the standings and try for the ultimate goal of the top spot in the League and a real Beat Battle League championship belt. For example, if @shakazula is still in the top three on October 2, 2017 then he wil have the option to redeem the amount of points he was earned throughout the weeks of the League for the cryptocurrency POINTS. If he doesn't redeem his points, then he will maintain his spot in the top three (3) of the leaderboard and continue the climb to the championship. ### Season One of the Beat Battle League ends January 1, 2018 with the winner being announced that night. The winner receives a League championship belt and some bonus prizes. So Beat Battle League members and Steemians waiting to join the League, the time is now to act. ### It's free, fun , and a great way to earn recognition, feedback , and rewards. More information about the League here: https://steemit.com/beatbattle/@chiefmappster/beat-battle-league-week-five-community-favorite-added-this-week <center> </center> <center>*Courtesy of OG Tech Shaman @nicnas* </center> ---- ### The Community Poker Game gives away points the following way: - 1 POINTS per Upvote/Call (4 per week) - 3 POINTS for a victory - 3 POINTS (1 per week) for posting an epic piece of content about the Community Casino and/or Community Poker <center> .jpg)</center> <center>*Courtesy of; you guessed it, OG Tech Shaman @nicnas : )* </center> #### That is up to an extra 10 POINTS, a real-life cryptocurrency of value, Steemians can earn each week by having some fun with fellow Steemians. It's free what do you have to lose? A Community Casino Poker Game is going on now. For more information go here: https://steemit.com/contest/@nicnas/community-poker-hand-4-win-23-sbd-guaranteed-50-voiceshare-sign-ups #### And as you can see below the standings are tracked week to week. <center> .png)</center> A similar exchange will happen with the Steemians who play in the Community Poker game. The Points they have and will earn will be exchanged for real-life cryptocurrency of value in the near future. ### POINTS will go live next week so stay tuned to more updates and new leagues such as the Steemit Music League that will incorporate POINTS as another way to reward Steemians who participate. <center> </center> <center>*Courtesy of OG Tech Shaman @nicnas* </center> ---- ### Thank you as always for your time and attention. It means the world to me :) #### Image Sources: - *https://lendersdirectfunding.com/2016/05/16/points-affect-interest-rate/* - *https://cointelegraph.com/tags/bitshares* ### Namaste @chiefmappster 
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