Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Incentivised Posting / Shill => Topic started by: Crypto_Potato on July 02, 2024, 09:34:17 PM
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We all come across those ads on Instagram and YouTube that say you can get paid by working and I made 3 grand blah blah blah type of funny ads. Well if you didn't know of well3 it's very similar to that concept lol. They claim they help convert wellness and fitness data into real decentralised money lol.
Even though it sounds like bullocks big companies like Samsung and AWS are investors in them which is slightly surprising ngl. Their native token WELL which is what I assume they give people for their wellness data is listing tomorrow.
Do you guys think this is all bullocks like me or does it actually sound like a good concept?
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I do not think that it will differ from the applications for making money from walking that were popular for a while and then we no longer heard much about them, such as Sweatcoin, One Million, and StepsMiles.
I also remember the Worldcoin project developed by Sam Altman, co-founder of OpenAI, which quickly scans the iris to create a digital identity. This project caused a sensation and was banned by many countries because it violates privacy by collecting people’s biometric data and linking it to the digital identity.
I think the well3 project is no different because it collects health data.
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there are many concepts that collect data like this but none of them have succeeded, all of them can be said to be public lies to get people interested in their products even though collecting data is very scary where we don't know whether they are really researching or for other purposes, from here we need to Be careful when providing data
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Although I don't know which companies are monetizing health data... but it sounds real and true... yes, health is data, and data is very valuable.. even in those top tier fields, all data will be expensive, because Many people have reached the point of being financially free, their target is health and financial stability... this is why many rich people are starting to care about their health, none other than to enjoy their wealth for a longer time.
However, until now unfortunately there is no health and data-based cryptocurrency project that is able to compete with other companies... the background of each developer may be a big influence on this belief... considering that the majority of the industry that is present in cryptocurrency is used as a tool to bring in income, while people who are experts in the health sector feel it is the opposite...CMIIW
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Do these get paid to move coins into the limelight again? I used to have Sweatcoin, but I dumped it after the investors lost their interest because the meme's interests were growing stronger, and there was a shift in investors' interest and attention.
Compared to meme coins, they have utility and usage, and users benefit from them. However, memes have huge backing from Elon Musk, so they were eclipsed by these memes, which are still trending now.