This blockchain project is actually a Japanese social media platform. Anyone who wants to use it will actually need to have a Japanese phone number to do so. This obviously limits the user base significantly in an already small niche, cryptocurrency. This ad-free social media site encourages users to create content by incentivizing them with payments for content creation.
While the team claims that this is not a clone of Steem, they do have some striking similarities. The main differences seem to be that they have a more simplified system that uses only one token, while Steemit requires multiple currencies. They also give the largest curation reward to the first person, which sounds like a good idea, but actually only incentivizes bot activity.
If you make an Alis investment, be aware that adoption for this platform seems low. Blockchain social media has been slow to take off, and there are many problems involved with compensating people for social media posting. No matter what scheme is used, it seems almost impossible to keep out spam or unworthy content.
Steemit has experienced a great deal of criticism for the unfair distribution of their assets, and it seems unlikely that this platform will be able to do it any better with their proposed set up, which seems to only exaggerate the problem.How to buy?
The list of exchanges where crypto enthusiasts can buy Alis is very small. Additionally, the trading volume is dangerously low here! If you're interested in buying this asset, then you should be very careful. If the volume completely falls off, then you could be stuck holding a dead token, with no hopes of ever recouping your investment. Bitcoin is your only trading pair option here, and the volume may not be sufficient to support any easy trades. If you really want this token, then you may need to be patient in order to acquire it.
This is an ERC20 asset. Interested parties will need to store this token in their Ethereum wallets. A few popular options for this include Coinomi, Jaxx, Meta Mask and My Ether Wallet. Any of these would make an excellent choice, and as long as you are protective of your login information, you should be confident in the safety of your investment.