The other working day, Kerry O’Shea Gorgone and I launched a new cryptocurrency called the Backpack Clearly show Coin (or just $BKPK, if you want to be like the interesting little ones). It’s developed by a firm termed Rally and was part of a undertaking they released named Creator Cash. The concept is that if you nurture a group like we do about the Backpack Show, then you could build your own micro-overall economy and invite contributors and associates of that group to acquire, market, maintain, and trade a unique forex.
What does ANY of that indicate?
At the best amount, “Hey, if you obtain $BKPK coins, it supports the Backpack Show, but also, you get the reward of quite possibly earning even further more benefits than you would if you just sent in normal income. WE get a reward for you getting the coin, but you ALSO get a reward for keeping it. Form of like two men and women benefiting instead of a person.
A tiny more “in the weeds:” cryptocurrency, you’ve maybe previously read about. Coins like Bitcoin or Etherium or the at this time well known “Doge coin” are other forms of cryptocurrency. So, the $BKPK coin is basically a smaller decentralized (that means everyone has control of it, not just one particular human being) software to pass value (in this scenario, revenue) back and forth involving folks who settle for that type of currency.
What can we do with the coins?
You can buy sponsorship spots on the exhibit, backstage passes, unique closely discounted personal coaching, and extra. We’re working up far more and additional choices and ways to have fun with the cash as we talk.
What do you want me to do?
We can tactic this two approaches. I shot a tiny online video for you, but I’ll clarify it right immediately after the video, far too.
There are just a few ways to the process:
- Established up a absolutely free account at Rally.io
- Find the Backpack Show coin web page.
- Buy some coins if you want to just hold onto them. (Click Acquire) OR
- Simply click just one of the offerings like “Buy a Power Hour of Coaching” to invest in a specific reward
- When you have the quantity of coins wanted for that giving, click Mail, and send out those cash to “TheBackpackShow”
- And if you get stuck, just email [email protected]
And you really don’t HAVE to mail us the coins you get. Which is only if you want to purchase something like a backstage go or sponsorship or what ever. You can just maintain onto them and see what occurs with the marketplace.
Really Important: Cryptocurrency is a pretty unstable ecosystem. The value of any crypto coin can go up and down considerably and we have no regulate over that. If you set in $10, you may possibly come across $100 the subsequent time you log in, or you may well locate $5. It’s a little bit like the inventory sector. If you’re doubtful of no matter whether you want to try out this out, it is all right if you do not want to, and that is quite easy to understand.
The Awesome Part (So Considerably)
Just by Keeping on to the coins (meaning, you invest in $10 truly worth or some thing like that and do nothing at all else), you increase to the price of the Backpack Present group. And mainly because of that, there are even rewards.
Just about every coin has a benefits pool that can be acquired weekly (and I nevertheless do not actually realize how this all works). So for occasion, on my personalized “chrisbrogan” account, I have cash from 7 or eight different creators. I purchased some of my friends’ cash to present help. Every single one particular of these coins has the likelihood to get paid some benefits, and when they do, coin holders get some of that cash sent to their account, way too.
Indicating, you have the opportunity for the coin’s benefit to go up and down AND you have the option to generate even extra benefits just due to the fact you’re holding onto coins.
(Disclaimer: I know only a small little bit a lot more about crypto than most of you. Master a lot more if you sense antsy.)
Even though we keep on to experiment with this, there are tons of new alternatives to check out items out. I’m functioning with some good friends and partners to come up with strategies to offer rewards to men and women basically for keeping the cash, furthermore strategies that I can tack on benefit for OTHER persons, if you pick to pay them with our $BKPK cash.
For occasion, let us say a friend is throwing a concert. You can pay at the door utilizing their coin, or you can pay out at the door making use of the $BKPK coin. If you spend with BKPK and present us the receipt, we’ll give you additional rewards just for deciding on our currency as your payment approach.
One more occasion is if we keep a digital celebration, the value might be as low-cost as shopping for a compact amount of money of every speaker’s Creator coin to get in.
And so on.
Want to Be a part of an Economic climate Experiment?
It’s all a grand experiment. It is wayyyyy too early to know what to make of all this. But if you want to have exciting *and* assistance Kerry and I and The Backpack Present, contemplate buying up some $BKPK cash today.
- Go to Rally.io and make an account
- Go to the $BKPK web page and click on Acquire (or acquire the reward you want instantly)
- Either maintain the coins and experience fantastic about it OR click on Deliver if you are sending coins to invest in a reward
It is that effortless! 🙂