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April 10, 2018

A Q&A social network Ask.fm that claims to have over 200 million users globally, may be planning an ICO.

According to Cryptovest.com, there are few signals that after Telegram, the next major social platform is aiming for an initial coin offering.

The network is looking for developers to join their team to help create «a new blockchain/cryptocurrency project globally».

Ask.fm may be planning to develop a blockchain powered network, seeking to build on its existing user base of 200 million (potential crypto adopters) and create a Q&A ecosystem where content creators are rewarded with a native cryptocurrency.

Besides that, there is a number of new website domains like askfmico.com and icoaskfm.com that have been registered recently. And they were registered to Ask.fm Europe Limited.

Nothing is confirmed and Ask.fm has not made any official statements.

However, social networks were major drivers for internet adoption and usage in the past decade and naturally managed to accumulate large user-bases.

Now with blockchain technology and initial coin offerings it makes sense for these networks to leverage their adoption for large-scale ICOs. One of the examples —messaging app Telegram has just raised a record $1.7 billion in two rounds of ICO.

ICOs have collectively raised almost $6 billion this year so far.

By Ksenia Batanova

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