Bloom $BLT is a Token That Helps You to Protect Your DataNowadays social media is collected by centralized institutions, where the data of the users, our data, are being sold to another 3rd parties for the companies benefits.
Well, this one might looks like a win-win solutions for all of us. The companies gives us the free service, provide features, updates and so on and they have something in return that makes them revenue without forcing us to really pay them something.
This stigma has been since the early of the development of social media and marketplace. Fast forward things are change. People realized that this kind of thing isn't a corrent movement and can be endanger the community even wider. Because what if a larger institutions that take benefit from this data that they bought from this platform wanting something that might harm for the community itself in longer term? Or what if all of these data being wronged by person, an important person that has bad intuitions?
That is one of the Bloom concern tho, to actually regain control towards your data towards the blockchain while you at the same time can still using the feature. You can choose what data you wanted to share and what data you wanted to keep for yourself.
This token is quite young actually. Listed on coinmarketcap.com on February 2018 and predictably yes, a rekt chart since it is non leverage trading instrument yet.
Bloom has 150,000,000 total supply while nearly 1/3 of it on the circulating at the moment.
Since bloom in it's infancy at the moment, it only traded for $8-10K a day. Even though it already listed on Upbit, Bittrex, Bibox and few other.
If you believe that this token has future then you might wanted to jump in. I suggest to wait around 2142-2473 range for first entry. For the next entry you might wanted to wait until it break 2000 sats and below to actually re-assess.
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