Clearly, social media is taking hold.
Twitter, Facebook, Instagram, Snapchat, etc…
BUT...with many regards, email is still king. Email lists are super valuable, and when a user enters their email on a website, it is a much more thoughtful action than simply following someone on Twitter.
Today’s review is Credo, who aims to improve our email experience.
Let’s dig in..
Credo (ticker: CREDO)
Wtf is this shit?
Per usual, let’s ease into the weekend with a short, easy to digest shitcoin review. Credo is the currency used within the BitBounce platform. Basically, it is a system where users automatically charge a fee for an email that is unsolicited. If the fee is not paid, then the users will not receive the email. If it is paid, they will receive and also some Credo.
Ultimately, this isn’t to enable people to get paid for spam, instead, they hope that it decreases unnecessary and meaningless spam to the reader. For the sender though, the hope is that BitBounce will allow them to gain meaningful outreach to people, even in an unsolicited fashion. If the sender is paying an added fee, on top of whatever it costs to blast out emails, then the hope is that these unsolicited emails will be more meaningful and thus read by the end recipient.
They also announced CredoEx, a liquidity exchange that has CREDO with a few trading pairs, ultimately to guarantee a place for enterprises or people to obtain CREDO for use as a sender, or reader/HODLer.
So..they have the CREDO cryptocurrency used within the general BitBounce service (the email service making all of this work), and CredoEx.
Overall, our main critique here is that...email is damn good nowadays. To be honest, it seems like almost ALL spam is sent to our spam or promotional boxes...Gmail and other major companies have done an excellent job at cracking down on spam. We feel they may be 10 years to late to the email party unfortunately.
Who tf is behind this shit?
Stewart Dennis is the founder and CEO of BitBounce. He has some funding and is taking this role seriously as we can see. He graduated from Stanford in 2013 as a Computer Science major. So, while young, he certainly has the hustle.
All-in-all, mid-tier shitcoin due to market metrics, not sure on the future of the business model...but we shall see.
Hope you learned some shit and be sure to follow us on Twitter!
- Mike and Aaron