What is ChatCoin?
ChatCoin is a cryptocurrency used in the BeeChat messenger. Users earn and use it when exchanging messages, communicating in private and public conversations. The main difference between the system and existing instant messengers is the decentralization and protection of personal data using blockchain technologies. ChatCoin is a BeeChat payment tool designed to exchange information regarding cryptocurrencies. But the main goal of the developers is to create a decentralized and hack-proof messenger, in which users can communicate in any form convenient for them and on any topic. CHAT tokens are used here as a reward for active users, to access certain services, and in several other cases. ChatCoin is currently only used as a payment method on the BeeChat platform. In the future, the developers plan to launch additional projects related to this messenger. In the developed applications and platforms, the same currency, Chatcoin, will be used as a means of payment. That will expand the scope of its use and increase the value of each token. At the same time, ChatCoin can be exchanged for other cryptocurrencies or real money.