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The price for ‘EVAN’ increases by 500% in 2 hours

August 7, 2020

The podcast host “Week in Ethereum” and former director of ConseSys, Evan Van Ness is the last person in ‘tokenize’ Likewise and thus join the blockchain, a growing trend in video games and marketing. Within two hours of launch A quarter of the EVAN tokens had been sold and the price per token had increased six times.

ERC20 tokens were created using OpenZeppelin Contracts’ V3 code and had an original price $ 0.04. At the time of this writing 250,000 tokens were sold, with the price rising to over $ 0.25This corresponds to an increase of more than 500%.

Tokens can be exchanged for certain interactions with the podcast. said Ness on Twitter:

“Right now, you can redeem them as follows:
Be Sponsor of the Week in Ethereum News = 87,654 EVAN
Let me invite you to my upcoming podcast = 133,700 EVAN
Retweets = 888 EVAN
Plan 30 minutes with me for Zoom = 4200 EVAN “

Experiment

The price for ‘EVAN’ increases by 500% in 2 hoursThe price for ‘EVAN’ increases by 500% in 2 hours

In an interview with Cointelegraph, Ness called him a “Independent experiment on sustainability of media”. The podcast of the week in Ethereum currently has four sponsors – Celer, Chainlink, Trace of Bits, and 0x – including nine of the twelve months of each year. However, said it takes a lot of work to find sponsors:

“By tokenizing, I’m essentially decentralizing the search for my sponsors.”

He said the tokens would help “get.” [el podcast] more attention “and what Holders are now “motivated to find a sponsor” for the program that they will be paid a higher price for the tokens.

Ness compares its token with other cryptocurrencies such as Bitcoin (BTC) and Dogecoin (DOGE) and refers to EVAN tokens as money. He said it was better “than a memecoin like DOGE or BTC because it has intrinsic value”.

NFT and DeFi

The concept of Token yourself was recently explored with the creator of Crypto puzzles and founder of Neon District, Marguerite deCourcelle (Coin_Artist), who made a name for herself as the “video game boss” in July 2020.

“By converting ‘coin_artist’ to an NFT, I am essentially converting my brand.”She explained that splitting an NFT into ERC2 tokens would create financial incentives.

DeFi supporter and founder of rocket, Alex Masmej, is the first person to set an example in April 2020. The tokens are used to vote for personal actions that Alex is required to perform in a series of experiments titled “Control My Life”.

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