I saw a YouTube ad for this Provoco ICO which is being billed as being a social media app that you can earn crypto currency with. I think we are going to see more and more of these and the space is going to become crowded in a lot of ways. With this particular company their marketing was real good but once again they have no code and they are saying it is basically an Ethereum utility token. A lot of these apps coming out are mainly going to be database driven for most of the content hosting and all that and the one main element that will be blockchain driven will be the payment mechanism. That actually makes a lot of sense for a lot of reasons but makes it tough to really have a self governance model that isn't totally ruled by the moderators working for the company who built the app like we see with Instagram, YouTube, and Twitter.

The premise is interesting that people can have challenges that people can get paid to participate in. They are going to utilize ERC-233 Smart Contracts. Again I worry that Ethereum will be bogged down and won't scale fast enough for all these companies that say they are building on it so that would worry me. With most of these apps the majority of what will be happening will be database driven. It looks like the company is mainly marketing at this point and doesn't have code out there. They have the interface wire framed out and the general flow of the app thought out.

One that actually got a little further along than I thought is Sola.

https://sola.ai/brianphobos

I was originally introduced to it by @stackin and put up a post or so but it didn't seem like the token was being traded at that time. Then I saw @papa-pepper with a link on a Steemit blog about it and looked and it seemed like he was more active. I looked into it more and it is getting a little more interesting at this point because the SOL token is being trade on TIDEX now. https://tidex.com/exchange/sol/btc There is a BTC and an ETH market and it looks like it is going for about $0.028.

I have just been testing the app to see how it works. What I haven't determined is how much buying up SOL can influence your ability to earn on there kind of like having STEEM Power.

The most intriguing thing for me is that if it seems like Sola seems like it can drive demand to the SOL token then there could be a chance to be a whale in that project at the price point it is at.

I'm not going to invest in Provoco at this time. I will just keep it in my head and with Sola I'm going to spend minimal time throwing up pictures and memes I already made. Then if I determine it to be sustainable I will probably put $100 into it to see how that works out. Then I might go deeper into it later on.

One thing I want to say is that @papa-pepper got his account locked up for a few days for "spamming" or at least that is what they said. He is back in action now.

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