Mirror — an Ethereum-based decentralized running a blog platform — is now open to the public after months of working voter-based content material contributions solely.
Mirror was formally unveiled late final 12 months as a decentralized platform for writers to publish crypto-related weblog posts. To realize entry to the platform, writers had been voted into the weekly writing competitions utilizing WRITE — a local cryptocurrency token.
In per week, Mirror accepted about ten content material writers.
However the previous guidelines have since modified. By an announcement made on Thursday, Mirror stated they’re now opening doorways to anybody with an Ethereum pockets and tackle.
Mirror contributors are accountable for their revealed content material, which is saved in a decentralized blockchain. Massive business running a blog platforms retailer their content material in firm servers as an alternative — a typical follow mirrored the world over.
Mirror contributions are cryptographically safe
The decentralized blockchain locks customers revealed content material in a cryptographically safe “place” that’s free from modifications and corruption. If customers want to exit Mirror, they will go away with all their (content material) knowledge intact.
“Mirror has advanced from a instrument for writers to a full-stack web3 artistic suite for communities and DAOs,” the Mirror crew stated.
Earlier than contributing to the Mirror or embedding media blocks — resembling NFTs (non-fungible tokens), social media posts, or movies — to the running a blog platform, writers have to first join to an Ethereum pockets.
Greater than 3,000 property, together with currencies, shares, cryptocurrencies, ETFs, indices and commodities
Purchase crypto, or commerce cryptocurrencies by way of CFDs
CopyPortfolios: Revolutionary, totally managed funding methods
CFDs are complicated devices and include a excessive danger of dropping cash quickly as a consequence of leverage. 67% of retail investor accounts lose cash when buying and selling CFDs with this supplier. You must think about whether or not you perceive how CFDs work, and whether or not you possibly can afford to take the excessive danger of dropping your cash.
Customers can even import Medium or Substack weblog posts to Mirror’s running a blog platform. They usually can equally share and fund their written content material utilizing Mirror and the platform’s integration of Ethereum addresses.
Customers can mint their weblog posts as “Entry Editions” — a approach of making content material NFTs and monetizing them.
Mirror content material creators to obtain extra incentives
Vitalik Buterin, Ethereum co-founder, and a number of different Decentralized Autonomous Organizations (or DAOs) like Aave Grants DAO used Mirror this 12 months to publish content material.
A documentary that includes the event of Ethereum used the running a blog platform in July to lift practically 1,036 Ether tokens from a Mirror crowdfund.
Mirror content material writers that contributed to the platform utilizing the previous vote-based contribution course of — or WRITE Race — are eligible for an extra incentive resembling staking. The protocol’s native WRITE token is but to be listed on main crypto exchanges regardless of boasting publishing energy on the running a blog platform.
The WRITE token plans to launch integrations with the Ethereum Title Service and even introduce new options resembling an improved enhancing interface, feeds, and subscriptions.
For the document, don’t confuse the Mirror running a blog platform with Mirror Finance, which is a decentralized finance protocol that makes use of the MIR token ticker.