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Blockchain-based data platform with real usage and adoption

Instart is developing a platform where crypto users can earn crypto from their data, and receive exclusive opportunities while being social. According to its official website, the company is developing its own blockchain and the INSTAR coin in order to encourage users adoption and data utilization. The company claim that INSTAR is one of the first and only cryptocurrencies with real world token utility and growing adoption, referring to how INSTAR is used to rewards users when they allow their data to be used via the Instar platform. According to the company, INSTAR has been paid out to more than 200k people across 166 countries for consensual data exchange.

Instar platform allows users to get paid in cryptocurrency for sharing their data and participating in daily activities. Users have the freedom to choose whether they share their data or not, and when they do, they could participate in daily activities and get rewards in form of Instar coins. The platform also provides an all-in-one platform to watch, track, and learn about cryptocurrency and blockchain technology in real time. In addition to that, users can also increase their rewards by staking their token and earn exclusive access and benefits provided by the Instar platform.

According to its website, at the time of writing, the company already has more than 212k contributors, 115M INSTAR coin staked, 14 network validators, and more than 500k daily blockchain operations.

Categories

Blockchains, Cryptocurrencies, Services

Location

Global

Year founded

2018