Social media crypto PlusOneCoin can now be bought and sold on three different exchanges with the addition of SouthXchange.
PlusOneCoin or PLUS1, is a mineable crypto that is intended to be used as social media currency. The use case is for authors and plaform owners to monetize their content with upvoting.
PlusOneCoin is the creation of UK based Online Blockchain plc, a firm founded by CEO Clem Chambers. Online Blockchain works with and owns a 17.98% stake of ADVFN Plc. (LSE: AFN) a company which is listed on the London Stock Exchange (LSE), and was founded in 1999 by Chambers and Michael Hodges. Online Blockchain is described as an ecosystem of cryptocurrency projects and solutions with PLUS1 being one of their first projects. ADVFN is a financial media site with quotes and news.
As well as being available to purchase on three exchanges, PLUS1 can also be obtained for free with ADVFN’s Faucet. PLUS1 is thinly traded and is currently valued at USD $0.056, according to CoinMarketCap.
“There has been a lot of media and public interest in PlusOneCoin recently and we expect this to accelerate now that the currency is available for purchase on three exchanges,” commented Chambers. “We’re delighted that PLUS1 is now tradeable on the fast and secure, real-time SouthXchange platform.”