Topic: Meet Earn.com: 21 Rebrands Social Network In Shift Away from Bitcoin (Read 215 times)
They don't verify members' accounts so it's not possible to get paid. So I would call earn.com another scammy startup
October 31, 2017, 07:02:02 PM
Frankly speaking, earn. com looks like another "get paid to" website with a different look and feel. Just the branding is great which makes it look different. But it is a "GPT" website at its core. From what I understand that, you need to pay money to post a question so that the person who answers to it, can get a cut from that money. Not discouraging anyone, but the idea already looks like a failed idea. People are not going to spend a dime to ask questions.
October 31, 2017, 01:47:50 PM
https://www.coindesk.com/meet-earn-com-21-rebrands-social-network-shift-away-bitcoin/
I presume they are doing this because it's no longer easy for them to compete with the likes of Bitmain in mining hardware.
Quote
21 Inc, once a maker of bitcoin mining hardware, is rebranding to emphasize its new focus on using cryptocurrency to power a social network.
Effective today, the startup has changed its name to Earn.com to drive home the message users can get paid for answering emails and completing tasks, according to a company blog post. The rechristened startup also confirmed it's on track to issue a token that would replace bitcoin as the currency it uses to incentivize people to join the network by the year's end.
Separately, the company notified customers last week that it had discontinued support for the Bitcoin Computer. The pocket-sized mining device, which initially retailed for $400, was once 21's flagship product.
Taken together, the moves underscore how far one of the best-funded startups in the blockchain space has moved from its roots.
Effective today, the startup has changed its name to Earn.com to drive home the message users can get paid for answering emails and completing tasks, according to a company blog post. The rechristened startup also confirmed it's on track to issue a token that would replace bitcoin as the currency it uses to incentivize people to join the network by the year's end.
Separately, the company notified customers last week that it had discontinued support for the Bitcoin Computer. The pocket-sized mining device, which initially retailed for $400, was once 21's flagship product.
Taken together, the moves underscore how far one of the best-funded startups in the blockchain space has moved from its roots.
I presume they are doing this because it's no longer easy for them to compete with the likes of Bitmain in mining hardware.
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