Earn ERN aims to create a new social network where you can earn digital currency by replying to emails and completing tasks. Find out how it works today in our review.
What is Earn ERN ICO?
Earn.com is a social network where you can earn rewards for completing small tasks online. The platform has a new token coming out soon, but it won’t be launched through an ICO. Instead, you just sign up for the platform, get verified, and then start completing tasks to earn tokens.
The goal of Earn is to make social networks useful. Earnable tokens can be used to pay people to answer emails, complete surveys, or claim bug bounties. Influencers can use Earn to charge for email responses, for example, and ordinary users like you can use Earn to pay to receive a response from certain people – whether it’s a celebrity, a CEO, or an expert in the field. Marketers can also use the Earn platform to get higher response rates from email campaigns and surveys.
How to Get Earn ERN Tokens
Getting Earn tokens is straightforward. You sign up, get verified, and then setup a public profile where people can contact you. The earlier you get verified, the more tokens you can earn.
Once your profile is up and running, you can reply to emails to earn tokens. You connect your Gmail, set your price, and bounce unwanted messages. If someone wants you to reply to their email, they’ll need to pay Earn tokens upfront.
You can apply to lists to receive more tokens. You might join an Earn community of 800+ Python developers, for example. If you join a list based on your skills, you can receive more targeted tasks.
Earn also incentivizes users to grow the network. If you refer users to Earn, you’ll receive tokens every time they complete tasks or send paid messages. Some of the basic tasks you can use to get Earn tokens today include linking your email account, verifying the profiles of other users, reviewing the list of application of other users, installing the Earn.com iOS or Android apps, and referring other users to the platform.
What can you do with all of the tokens you earn through Earn.com? Earn.com lets you get replies from VIPs – say, a list of tech CEOs or venture capitalists. Alternatively, you can grow your business by sending paid messages to huge mailing lists. You pay for each email response. Earn claims to have response rates of 60 to 80% through their unique system, making it ideal for sales pitches, recruiting, and marketing blasts.
Alternatively, you can use Earn’s system to run complex tasks and surveys.
Who’s Behind Earn?
Earn is led by CEO Balaji Srinivasan. Other key members of the team include Ben Horowitz (Board of Directors), Lily Liu (CFO), John Granata (COO), and Ali Fathalian (CTO). The platform was originally known as 21.co. In October 2017, the company rebranded as Earn.com, although the product itself was left unchanged.
How Do Earn ERN ICO Tokens Work?
Earn tokens, or ERN, are the internal currency of Earn’s social network. There’s a total supply of 100,000,000,000 ERN tokens. There will be no tokens created after the launch.
Early signups are available on Earn.com today. You can signup to claim your tokens. Or, you can wait to earn rewards through the platform.
Of the total supply of tokens, 54% are reserved for users. The remainder are dedicated to the team and backers (30%) and researchers, developers, and the community (16%).
The token launch process began in Q4 2017. The first users received 131,000 tokens for signing up, dropping to 65,536 per user, then 32,768 per user, etc. By the time the 1 millionth user signs up for the platform, the reward will be sit at 4,096 tokens per signup.
By the time the 4 billionth user signs up, the reward will be one Earn token per user. In other words, once there are more than 32,768 verified user, the number of earnable tokens issued to individual users gets cut in half every time the userbase doubles.
Earn ERN ICO Conclusion
Earn is a social network where you can earn rewards for completing small tasks online. You can answer emails, for example, contribute your expertise as part of a group, or reach out to major tech CEOs. You can also earn tokens for verifying other users, referring people to the platform, or even just installing the Earn.com mobile app for iOS or Android.
Today, major influencers are bombarded by thousands of emails per day. It’s tough to sort through the noise to connect with people who can provide real value. Earn gets around this problem by allowing influencers to charge a certain number of tokens for an email response. Anyone can pay that price to get a response from the CEO.
To learn more about Earn, visit online today at Earn.com. There’s no ICO, but the token distribution event is underway throughout Q4 2017. You just sign up and complete a profile to claim your Earn tokens.