Today we are going to review a new cryptocurrency company which is focused on creating a social dating app based on the blockchain technology. Its name is Amorito.
What is Amorito AMO?
Amorito’s goal is the creation of a social dating platform which will focus on integrating people all over the world. You can set the distance and then you will be able to swipe through profiles so you can encounter the love of your life (or maybe just an interesting friend). What makes Amorito different from other dating apps is that it uses blockchain technology and its own cryptocurrency to pay for the services on the app.
The team behind Amorito is composed by people who are experienced both with blockchain technology, social media and dating apps. The CEO and social media manager is Matei Mark, Paul Rosca acts as software developer, Marius Suciu as mobile developer, Ina Moldovan as marketing strategist and Sofia Lup as graphic designer.
How Does Amorito Work?
Amorito is basically Tinder. Seriously. While the platform uses blockchain technology, you have the swipe right, swipe left interface which is basically ripped off from Tinder and even Super Likes. That’s not to say that Amorito is necessarily worst than Tinder because it enables its users to use voice calls and video calls, while Tinder is text only.
While the usage of video in a dating app is very because of obvious reasons, the most interesting features of this app for our readers will certainly be the ones related to the blockchain technology. Like Tinder, you have to pay for Super Likes. Differently from Tinder, in Amorito the value that you paid on the Super Like is transferred to the other person.
Also, the platform rewards you for the minutes that you use video and voice calls. This means that the more you use the platform, the more tokens you will be able to earn. The platform is decentralized and it intends to create a network that people do not stop to use as soon as they find someone because they can also find friends in the Amorito network.
The service will be free to use and you will only need to pay for specific actions like Super Likes. This way, you only spend money on tokens if you believe that some premium feature of the company is worth paying for.
How to Invest in Amorito AMO?
If you are interested in investing in Amorito, you can buy the tokens from this company during the Initial Coin Offering (ICO). The pre-ICO is online right now and the main sale will start on March 1. During the pre-sale, you will be able to buy 20,000 AMO tokens with 1 ETH and 10,000 AMO tokens with 1 ETH during the main sale. You can pay using ETH.
If you are an American or Chinese citizen, you will not be able to acquire tokens during the ICO, so you will have to wait and buy the tokens on the platform or at any exchange later if you are interested in acquiring AMO tokens.
The Amorito AMO ICO Verdict
Is Amorito a good investment? That is somewhat hard to say, really. While the platform seems to be well structured and the team seems capable enough, you have to wonder about some aspects regarding Amorito before you decide to invest in this company.
The most important aspect is that, while the blockchain and cryptocurrency features of Amorito are, in fact, interesting, Amorito is a Tinder copy. Everything on this app is heavily based on Tinder, so why would anyone stop using Tinder, which has already millions of users, to migrate to a new platform which will be mostly the same?
That does not make much sense and it is a flaw which has the potential to heavily cripple the effectiveness and the success of this platform when you think about it.
You have to decide for yourself if you want to invest in Amorito. The company has positive and negative points, so it is up to you to decide which ones are more important and if the risk of investing in this company is actually worth it.