DECENTRALISED NEWS NETWORK

Bywire will email you from time to time with interesting news digests, stories and opportunities to get involved. Privacy policy.

Read news, earn rewards

Wirebit logo, copyright Bywire LTD.

Published: 05/01/2021

Earn Rewards While You Read the News


At Bywire News we offer a unique proposition. We reward our readers for just reading the news. Read on to find out how or better still, go ahead and create your FREE account RIGHT NOW and start earning rewards

**FOR A LIMITED TIME ONLY WE ARE OFFERING 101 FREE WIREBITS FOR EVERY NEW USER WHO JOINS US!** 

 

Earn while you read


Many social media and mainstream media organisations see their readers & users as a commodity. Your time and data are assets they wish to sell on to the highest bidder. If the product is free, you are likely the product. Bought and sold by strangers without ever knowing it. 

We are different. Bywire believes our readers to be our greatest asset, this is why we place you at the heart of who we are. This informed the thinking behind our ambition of offering readers unique, potentially valueable rewards. Hence, we created a unique crypto utility token named Wirebit (WIRE), which has already amassed almost 3000 token holders. 

Every time you read an article on the Bywire Blockchain News Network (BBNN), we will automatically reward you with a proportion or an amount (currently 0.20) of Wirebits. Half of this is shared with the original creator of the content and the publisher. If you enjoyed the content, then why not re-reward some, all, or even more Wirebit to support the creators and publishers in producing content you enjoy. Wirebit has a nil monetary value today because they are currently only exclusively available to those who earn them by reading news on Bywire.news or any of our partner websites, so you might as well start earning rewards now.

In the future our hope is for Wirebit to derive an exchangeable monetary value, and we are currently actively working towards this goal, but we can not make any sort of claim that this will in-fact occur. Therefore you should fully expect and anticipate that Wirebit may continue or return to a position of nil monetary value now or in the future. The monetary value of Wirebit has no effect on the utility or day to day use of the Wirebit tokens across the Bywire Blockchain News Network which is further explained below.


You can use your Wirebits in three ways:

  • Exchange for other currency: Wirebits will soon be available for exchanging into EOS or any other cryptocurrency or traditional currencies (fiat) on a number of exchanges (should it obtain value). In the future publishers will likely have to spend Wirebits in order to publish and revise blockchain content. This means Wirebit could be in high demand and supply will be limited to just 10,000,000 for the first three years at least. 
  • Reward the content creator: You can ‘reward these Wirebits back to the content creator so the can keep creating more and more content. 
  • Have a say in the network: Those with Wirebit tokens can influence the Bywire network and corporate governance. By staking your tokens, you can vote on the democratic principles of the Bywire network including the management of the Wirebit tokenomics, how we report the news, raise issues of importance, and help shape/amend our constitution. We will even reward interest for every day you stake your Wirebit tokens, helping you potentially earn an ever-larger amount of Wirebits.

The market will decide the value of Wirebit, Bywire Central Crypto Treasury may in the future mint more Wirebit but will only do so in a democratic and transparent manner, giving substantial notice of any future changes. The supply is limited to a total amount of 10 million Wirebits until at least 2023. As the network grows, the token value may rise. Those who hold Wirebit may be in a position to sell or exchange these in the future. They will however, enjoy a more influential say in the future of the Bywire Blockchain News Network via our democratic process. 1 Wirebit staked will equate to 1 vote, this means that collecting and staking your Wirebit now could give you an edge in the future with both democratic participation and should demand exceed supply. 

Just by signing up and consuming our content, you will not only earn rewards right now, but you will also get a seat at the table and a say in how we define and manage our news revolution. Free from corporate and state control, democratic, innovative, and transparent. 

Create your free account now

 

Wirebit Token Disclaimer & Important Information


Trading cryptocurrencies and tokens carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO's, IEO's, STO's and any other form of offering will not guarantee a return on your investment. 

Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. Bywire LTD will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed on this site are owned by the respective writer and should never be considered as advice in any form.

Bywire LTD makes no representation or warranties as to the accuracy and or timelines of the information contained herein. A qualified professional should be consulted before making any financial decisions.

Wirebit tokens are not redeemable for cash or any other form of currency or consideration and have nil monetary value at this time. We expressly disclaim any monetary value. You should not treat tokens as a speculative investment or any other sort of investment without fully understanding all the risks associated and you do so without any form of liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on Wirebit. 

Tokens are not guaranteed or secured by any person, asset, entity, organisation, scheme, venture or project (including Bywire LTD. Bywire News or any other subsidiary, company, director or person) in any way and no person is obliged to redeem, use or purchase them.