What is the Insight Protocol? Insight Protocol (INX) is a blockchain project that makes it possible to monetize content production. cryptocoin.com In this article, we have answered the questions that are the subject of curiosity among investors such as what is the Insight Protocol, what it offers, what is INX coin, what is it for, how to buy it. Let’s examine this project together, which aims to liberate the digital content industry.
What is the Insight Protocol?
Insight Protocol is a blockchain project focused on content production, consumption, management, advertising and marketing. This project is built on Ethereum and uses Ether’s smart contract technology. Accordingly, the ecosystem has a unique set of decentralized applications (Dapps). These apps make it possible for users to get a fairer share of content production. However, the platform also focuses on data. With this data, it aims to allow advertisers to run the most successful marketing projects.
Although it uses Blockchain technology, Insight Protocol focuses more on service availability than this technology. For this reason, the platform offered by the project serves with an extremely easy-to-use interface. In addition, the project believes that only projects with content rewards cannot be successful. As a solution to this, it has brought high usability and additional rewards to the platform. In doing so, the ecosystem encompasses the foundations of Blockchain such as transparency, decentralization and tokenization.
What does the Insight Protocol offer?
Insight Protocol has brought a number of decentralized applications (Dapps) to the Blockchain world. The first of these is Block Insight. Block Insight allows users to access high quality data. Advertisers and users can make new analyzes in the field of interest through this data. However, the protocol also has a Dapp ecosystem that rewards content creators and curators. The reward mechanism works with the platform’s native cryptocurrency, INX. The protocol allows any user to post useful content and be rewarded for it.
What is INX? What does it do?
INX, the native cryptocurrency of Insight Protocol, is a token created with the ERC-20 smart contract. With this token, users can donate to their favorite content creators. In addition, there are also the advantages of contributing to the platform by producing their own content. The quality of the content is always high, as the best content will receive the highest cryptocurrency donations. This way, creators earn INX awards in a decentralized and fair manner. However, Block Insight also provides data for advertisers to run the most successful campaigns. This data is made available to advertisers by payment of INX.
What is the Insight Protocol? How to get INX?
Insight Protocol, which has a market value of around $ 40 thousand, is currently traded on OKX and Hotbit exchanges. For this reason, investors who want to buy INX should be a member of these exchanges. Members can purchase cryptocurrency by depositing funds into their wallets.
