instars.com: A Legitimate Platform For Your Cryptocurrency
Data exchange is an essential service for the digital era that is the 21st century. The importance of data cannot be emphasized enough. It is the hallmark of change in all industries making data the most valuable asset any individual can have.
instars.com (formerly Instar Wallet) is a blockchain-based data exchange platform as part of the Insights Network project. They claim to be the premium standard when handling consumer data privately and efficiently, as well as opportunities to earn free crypto for participants.
Data Is Powerful
The value of data has created a need that is sometimes satisfied through questionable methods. Take the U.S presidential election in 2016, Cambridge Analytica leveraged data from Facebook to influence the election results. Their campaign strategy worked effectively as they achieved their desired results.
With the right application, data proves itself as powerful and influential, especially persona data, as this can directly target individuals.
Because of its power, blockchain comes in to protect data from falling into the hands of opportunists. Through blockchain, data-exchange is transformed into a secure, ethical, and profitable industry. instars.com is evidence of that transformation. The instar blockchain powers the instars.com platform.
Data Submission Is Voluntary
instars.com wants to handle data that has been voluntarily submitted by its users. The platform promotes this by making data submission on instars.com voluntary.
Users can volunteer to provide their data by participating in surveys within instars.com. These surveys are created by data consumers seeking specific sets of data. By engaging and completing the survey, the user is volunteering valuable information.
All the surveys are optional; however, the more you participate, the more token earnings you receive. Each survey holds a particular reward, depending on the surveyor. The more data a user provides, the more the tokens they will receive after completion of the survey. The tokens rewarded are INSTAR tokens, which are the native tokens of the instars.com platform.
Voluntary data submission is also seen in the referral program run by instars.com. Each successful referral, where the referees join the platform and become active participants, attracts token rewards. By referring to friends or family, users provide data on people who are likely to join the instars.com platform.
Market Updates
For traders, receiving market updates is essential in keeping up with the ever-shifting market. instars.com makes this possible by having a price display of popular cryptocurrencies on the user dashboard.
The prices frequently change daily, depending on the change in the market price of the cryptocurrency.
On display, a two to three-day chart is also shown. For market analysts, this allows them to assume the general direction of digital currency in the market.
The display feature is essential for traders as it helps them plan adequately for their next market move.
Moreover, the price of INSTAR is also displayed. This informs INSTAR holders of when to continue holding or sell their tokens to get the best ROI.
Learn About Blockchain On instars.com
The features on instars.com show how to do a blockchain-based data exchange platform right.
instars.com not only offers data exchange features but also educates its users on how to get the best out of their platform. It also teaches its users on blockchain technology and its importance in the world market. Further, the lessons on instars.com also touch on the future of digital coins and blockchain.
Teaching is done via educative videos, which are simple to understand. Moreover, there is a motivation to complete each video once you start. Completion of the videos results in an INSTAR reward at the end.
The videos are done in a course-like fashion. Users can start with any course they would like.
Promotions And Rewards
instars.com keeps its platform exciting by running promotions periodically. Users earn INSTAR tokens as well as other prices, such as smartphones.
Such promotions encourage users to keep on participating in platform activities, thus increasing user engagement, which is necessary to maintain and grow blockchain users globally.
Keeping Your Cryptocurrency Safe With The INSTAR Wallet
Signing up for instars.com gives you access to their wallet services. The INSTAR earned in the platform can be safely stored in the wallet provided by instars.com. instars.com ensures that all your INSTAR is safely kept in the wallet and securely transferred to other wallets upon request.
Areas To Improve On
instars.com still has a long way to go. Its initial steps are encouraging, showing that it is heading in the right direction.
instars.com should improve on its accessibility. This will help increase the number of participants on its platform. Currently, the iOS app hasn’t been developed yet, despite over 100 million active iOS devices globally. Once the iOS app inevitably gets developed, it will provide a further push for the adoption of instar.com services.
The marketing of instars.com will also improve over time. instars.com is currently known within the cryptocurrency industry; however, it also needs to be known beyond its comfort zone to ensure the future growth of the industry at large.
The learning lab is a great concept that deserves much credit. However, more videos need to be uploaded on different blockchain topics, aside from the four that have been there from its launch.
With these improvements, instars.com may arguably become the blockchain-based data exchange leader in the future.
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