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Cannabis, Biotech and Computing Stock Discussion Fuels PlusOneCoin Uptake

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PLUS1 social media cryptocurrency in top 100 most mineable coins

PlusOneCoin, a cryptocurrency from Online Blockchain plc (LSE:OBC), is seeing a surge in usage.

PLUS1 holders can reward content they find valuable on the ADVFN and InvestorsHub financial bulletin boards – the biggest and busiest in the world – by up-voting it (‘+1’) with the coin. The cryptocurrency, as featured on TechCrunch, is being used most prolifically to highlight messages relating to cannabis sector stocks on InvestorsHub (iHub). Currently over 40,000 coins have been awarded to content that discusses the industry at large and stocks such as Integrated Cannabis Solutions Inc, Elev8 Brands Inc and Canbiola Inc. Penny Trading, Biotechs and Computing are other top five categories for PlusOneCoin usage.

Visitors to ADVFN (www.advfn.com) can immediately see the threads (discussion topics), which have been awarded the most PlusOneCoin. Individual posts that have received the highest quantities of the cryptocurrency are highlighted as a ‘PlusOneCoin Top Post’ within threads. The iHub homepage features a Top 10 PlusOneCoin Posts boxout; the current highest post has over 1500 PLUS1 attached to it.

(Example of a post on the Lloyds (LSE:LLOY) thread that has received 101 PlusOneCoin).

As well as being awarded for incisive content, PlusOneCoin can be traded between wallet holders, mined on any personal computer and bought and sold on a number of exchanges. Coins can also be obtained for free with ADVFN’s PlusOneCoin Faucet and on www.freefaucet.io. Users can even tip each other PLUS1 on the PlusOneCoin server on Discord: https://discord.gg/Pmyvn7W

PlusOneCoin has moved up the ranks significantly and is now in the top 100 most mineable coins (by market cap)[1]. It is supported by the following mining pools: Happy Pool, Zpool, Zergpool, Blockmasters.co and nlpool.nl.

“Message Boards have always been troves for finding golden nuggets of stock information; PlusOneCoin makes panning for them a lot easier,” said Clem Chambers, CEO of Online Blockchain plc. “The huge interest in the US for cannabis stocks has significantly impacted the adoption of PlusOneCoin and we expect the diffusion of the currency will continue to expand with the sort of future disruptive innovations investor communities love.”

[1] As of August 29th, 2019

 

About Online Blockchain plc

Online Blockchain (www.onlineblockchain.io) is a UK-based incubator and developer of businesses in internet and information-based technologies, including developers, administrators and custodians of blockchains and cryptocurrencies. The Company created ADVFN www.advfn.com and today still has a holding of 17.98% in ADVFN plc.

Online Blockchain plc continues to consider new related opportunities and particularly crypto currencies and blockchain-based opportunities including incubating cryptocurrency start-ups and developing technical innovation in the blockchain space. Led by a team with over two decades of pioneering in tech, Online Blockchain focuses on innovation in cryptocurrency and decentralised ecosystems via various applications of blockchain: incubating cryptocurrency start-ups and developing technical innovation in the blockchain space.

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This area of the ADVFN.com site is for independent financial commentary. These blogs are provided by independent authors via a common carrier platform and do not represent the opinions of ADVFN Plc. ADVFN Plc does not monitor, approve, endorse or exert editorial control over these articles and does not therefore accept responsibility for or make any warranties in connection with or recommend that you or any third party rely on such information. The information available at ADVFN.com is for your general information and use and is not intended to address your particular requirements. In particular, the information does not constitute any form of advice or recommendation by ADVFN.COM and is not intended to be relied upon by users in making (or refraining from making) any investment decisions. Authors may or may not have positions in stocks that they are discussing but it should be considered very likely that their opinions are aligned with their trading and that they hold positions in companies, forex, commodities and other instruments they discuss.

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