Coins4Favors ICO

A team from Germany is creating a platform for microtasks (they call them "favors") with cryptocurrency as the reward. This could turn out to be a big winner, judging by the success of similar projects like STORM -- essentially a limited version of FavorCoin, where you install apps/play games, watch ads, or purchase something to get tokens. I use the STORM app, but find it a little bit annoying that many of the tasks require buying subscriptions or watching tedious ads for tiny rewards.

FavorCoin will allow 2 parties to interact on the platform and secures the transaction with a smart contract. Someone can post a favor, and someone else agrees to complete it for a set amount of tokens. They're positioning themselves as a non-standard alternative to limited platforms like AirBnB or Uber, such that users could request almost anything, from waiting in line, to buying them food or fixing something in their home.

Similar to Uber, they'll have a bi-directional rating system, so after each successful transaction each party can hold one another accountable. They even have a mini-judicial system, where other users can earn a small reward for helping arbitrate disputes.

The team itself is pretty impressive: the CEO (https://www.linkedin.com/in/jensschmidt/) holds a PhD in chemical engineering, and the legal advisor (https://www.linkedin.com/in/dennis-hillemann-a72b7b121/) has 2 law degrees and works for KPMG.

Definitely one to keep an eye on.

http://www.c4f.io?bid=1902528 (Full disclosure: this link gives me a bounty for anyone who signs up -- think of it as a small finder's fee, and bless your heart if you use it!)

https://www.coins4favors.com?bid=1907