Binance Coin Declines To $22 After Bouncing Back

Let’s face it – incentives make the world go round. They are the reason behind the success of many companies such as Dropbox, Airbnb and Evernote. In a nutshell, sharing means caring and the best way to represent that is through incentives.

Wikipedia is another example where users have been submitting their knowledge and helping in the carving of the most popular online encyclopedia over the past decade. Millions of people shared information and made it visible online. Over the past few years, Quora has been doing the same, being the #1 question-and-answer (Q&A) network online with users sharing their knowledge on a variety of topics.

There are even more examples of sites like Quora (Survey Monkey, Stack Overflow etc.) where incentives are driving the networks. These contributions can come from those with specialized knowledge.

Currently, the platforms are managed on the goodwill of the contributors. However, according to some rumors in the blockchain space, this could change – and people can actually get rewarded for sharing their knowledge. One of the first companies who saw this opportunity is (obviously) Google, as it started implementing value-based answers and changed traditional SEO with topical SEO. This gave rewards to websites with more relevant information in the form of higher ranks.

However, Qurito is the blockchain-based company that may bring the greatest change in the way questions, surveys and polls are conducted. For many people, Qurito will become a great way to monetize their spare time and knowledge while helping other fellow users out. All thanks to blockchain, Qurito may change the world and increase the quality of contributions online.

Obviously, there may be some downsides of this adoption such as the ‘money-making’ side of things which may incentivize many users to only answer questions. However, the popularity of relevant information will also be taken to a new level – all thanks to blockchain technology as a whole.