Chris Brogan and Kerry O’Shea Gorgone Release the $BKPK Cryptocurrency to Support the Backpack Show

The other day, Kerry O’Shea Gorgone and I introduced a new cryptocurrency named the Backpack Show Coin (or just $BKPK, if you want to be like the interesting little ones). It’s built by a company named Rally and was aspect of a venture they launched referred to as Creator Cash. The idea is that if you nurture a community like we do all around the Backpack Demonstrate, then you could create your personal micro-economic system and invite members and associates of that community to obtain, promote, keep, and trade a specific currency.

What does ANY of that necessarily mean?

At the greatest amount, “Hey, if you purchase $BKPK cash, it supports the Backpack Clearly show, but also, you get the gain of probably earning even further more rewards than you would if you just sent in regular money. WE get a reward for you acquiring the coin, but you ALSO get a reward for keeping it. Sort of like two folks benefiting instead of 1.

A tiny more “in the weeds:” cryptocurrency, you have it’s possible by now read about. Cash like Bitcoin or Etherium or the currently well-liked “Doge coin” are other sorts of cryptocurrency. So, the $BKPK coin is fundamentally a small decentralized (meaning absolutely everyone has handle of it, not just a single man or woman) software to go value (in this scenario, cash) again and forth involving folks who acknowledge that kind of forex.

What can we do with the coins?

You can invest in sponsorship places on the exhibit, backstage passes, particular intensely discounted non-public coaching, and much more. We’re doing work up more and additional choices and strategies to have entertaining with the coins as we talk.

What do you want me to do?

We can tactic this two approaches. I shot a little online video for you, but I’ll explain it right immediately after the movie, way too.

There are just a couple of steps to the course of action:

1. Set up a free account at Rally.io
2. Uncover the Backpack Exhibit coin page.
3. Purchase some coins if you want to just maintain onto them. (Simply click Invest in) OR
4. Click 1 of the offerings like “Buy a Electrical power Hour of Coaching” to buy a distinct reward
5. The moment you have the volume of cash wanted for that supplying, click Deliver, and ship individuals cash to “TheBackpackShow”
6. And if you get stuck, just email [email protected]

And you really don’t HAVE to ship us the cash you purchase. Which is only if you want to buy some thing like a backstage go or sponsorship or regardless of what. You can just hold on to them and see what transpires with the market place.

Incredibly Important: Cryptocurrency is a very volatile setting. The price of any crypto coin can go up and down considerably and we have no command above that. If you put in $10, you might come across $100 the upcoming time you log in, or you may discover $5. It is a bit like the inventory industry. If you’re doubtful of irrespective of whether you want to test this out, it’s all right if you never want to, and that is quite easy to understand.

The Amazing Element (So Significantly)

Just by Holding onto the cash (which means, you invest in $10 worthy of or one thing like that and do nothing at all else), you insert to the value of the Backpack Show group. And mainly because of that, there are even benefits.

Every single coin has a rewards pool that can be gained weekly (and I nevertheless never genuinely have an understanding of how this all is effective). So for instance, on my own “chrisbrogan” account, I have cash from 7 or eight various creators. I acquired some of my friends’ coins to show guidance. Each a single of these coins has the opportunity to generate some benefits, and when they do, coin holders get some of that money sent to their account, also.

Which means, you have the prospect for the coin’s benefit to go up and down AND you have the option to gain even far more benefits just because you are keeping onto cash.

(Disclaimer: I know only a small little bit a lot more about crypto than most of you. Understand extra if you feel antsy.)

Heading Forward

While we go on to experiment with this, there are lots of new options to attempt issues out. I’m functioning with some pals and associates to occur up with approaches to supply rewards to individuals simply for keeping the cash, furthermore means that I can tack on benefit for OTHER individuals, if you opt for to pay back them with our $BKPK coins.

For instance, let’s say a good friend is throwing a live performance. You can pay out at the door making use of their coin, or you can pay at the doorway utilizing the $BKPK coin. If you shell out with BKPK and display us the receipt, we’ll give you more rewards just for deciding upon our forex as your payment strategy.

A different occasion is if we maintain a virtual celebration, the value may be as low-cost as buying a tiny amount of each speaker’s Creator coin to get in.

And so on.

Want to Join an Financial state Experiment?

It’s all a grand experiment. It is wayyyyy far too early to know what to make of all this. But if you want to have enjoyment *and* guidance Kerry and I and The Backpack Clearly show, take into account choosing up some $BKPK coins now.

1. Go to Rally.io and make an account
2. Go to the $BKPK site and click on Obtain (or acquire the reward you want specifically)
3. Both keep the coins and feel superior about it OR simply click Mail if you’re sending cash to invest in a reward

It’s that straightforward! 🙂

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