LasseCash – A Unique Social Media on The Blockchain

The essence of community building is to allow people to have their say on matters that bother them freely and without restrictions. The community of Web2 is the Social Media where global giants like Facebook , Instagram, Linkedin, etc. rule. The control of these giants in this space has taken away the true essence of community building: freedom and truth.

Today, we cannot do without online communities (Social Media Platforms). However, Web2 social media does not offer the freedom of expression that community building promises. The governing bodies of this space do not reward truth and liberty if it goes against the rules they set.

The flaw of the Web2 social media platform calls for a radical change if we must enjoy the true essence of social media and community building in the 21st century.

What is LasseCash?

LasseCash is a social media platform on the Web3 (blockchain) that rewards its users for speaking the truth. The leader of this OUTPOST is Lasse Ehlers. This social media platform rewards anarchy, personal posts, and social interactions using cryptocurrencies.

Furthermore, Hive Blockchain is responsible for building the LasseCash tribe. Hence, the social media platform is registered on the Hive Blockchain, a foundation layer-one blockchain. LasseCash is Hive Engine’s OUTPOST and Scot.Bot is responsible for distributing rewards to its users and facilitating transactions.

LasseCash Native Token – LASSECASH

This groundbreaking social media platform has a native token with which it rewards its users for writing and posting ‘truth’ content. The native token is LASSECASH, and the platform launched the token on the 28th of June 2019.

The LASSECASH token has a maximum supply of 51 million. The social media platform intends to release these tokens gradually over the years to control inflation so the price of LASSECASH will not dump as time progresses. Transacting with LASSECASH is free and takes less than 5 seconds to complete.

LasseCash NFT

In addition, the Hive Engine OUTPOST has a platform for NFTs. LasseCash allows users to mint NFTs. All you need to do is to apply to get whitelisted. You can mint NFTs in audio, video, and picture formats. Minting your first NFT will cost you 1000 LASSECASH, while others after that will cost you only 100 LASSECASH. LasseCash charges a 1% fee for trading your NFTs, and you can sell them on Openhive.

LasseCash Reward Systems

LasseCash rewards truth, anarchy, and crypto using these two systems.

• Proof of Brain
• Diesel Pool

Proof of Brain

The Proof of Brain reward is the LasseCash basic system that rewards blogging. All you need to do to earn is create blog posts on the platform. When you post on the platform, Scot.Bot will reward you with 90% LASSECASH POWER and 10% LASSECASH.

Diesel Pool

The Diesel Pool reward is for users who provide liquidity to the LasseCash pool. You will get up to 100% APY (Annual Percentage Yield) in profit when you supply liquidity to the pool. In addition, you will earn up to 30% more APY every month if you are a long-term liquidity provider.

As a provider, you can see your APY here. LasseCash pays liquidity providers daily depending on how much liquidity they provide. In addition, you can withdraw your supply whenever you decide at no cost.

LasseCash is Committed to a Greener Future

Finally, LasseCash does not consume much power and needs minimal resources. The energy consumption level required to run the platform’s extreme services yearly is like what a modern household consumes annually. Thus, LasseCash gives people a chance to speak the truth, and it also supports a greener future.

Do you want to support a world where people can express themselves without restriction and be rewarded for standing up for the truth? Then, tell everyone about LasseCash.

Posted using LasseCash