To find out how to participate continue reading below.
MG.Social is an ad-free social network with blockchain monetization features powered by Coil and Xumm. We have recently launched our own MGS utility token on the XRP ledger with multiple live use cases and more in development.
For the month of October, 2021 we are bringing back automatic MGS rewards for daily interaction with the MG.Social network.
To become eligible to participate, perform the following steps:
Step 1: Sign up for a Coil account with a $5 per month subscription.
Step 2: Install the Xumm wallet app on your Android or iOS device and create an XRPL address. Activate your address by sending it at least 20 XRP.
Step 3: Agree to the terms and set a trust line to the MGS token.
Step 5: Add the XRPL address with the MGS trust line in your MG.Social account settings under the Xumm address field.
Note: Optionally you can also add a payment pointer to receive web monetization micropayments on your MG.Social postings
You are now all set to earn daily MGS rewards. For each day in October, 2021 that you login to MG.Social and create at least one new posting on the MG.Social news feed you will receive a 10 MGS reward distributed to your Xumm wallet address.
That’s all you have to do! Just login on MG.Social through either the web or mobile app and create at least one post to be eligible for that day’s 10 MGS reward.
We are keeping it simple for this distribution, no special hashtags to use!
For more information on getting started with MG.Social refer the guid here.
-Each MG.Social user is eligible for only one reward of 10 MGS per day. Creating multiple posts from the same account will not result in additional rewards for that day.
-Each XRPL address is eligible for only one reward of 10 MGS per day. No using the same wallet address from multiple accounts.
-Each daily reward will be paid out during the following day. Posting times for each day are calculated using UTC time.
-You must have an XRPL address with an MGS trust line set in your MG.Social account settings when creating your post to be eligible for that day’s MGS reward. Adding the XRPL address into the contents of your post does not count.
-Only posts to MG.Social will be eligible. No posts to Public Square (PS.MG.Social) or other platforms (Twitter, etc.) will be considered eligible for the daily reward in October, 2021. Posting a comment on this blog (Blogs.MG.Social) does not qualify.
-We reserve the right to adjust the terms and reward amount after the completion of the October, 2021 distribution period.
I get logged out before I can post/edit my account settings – Make sure your $5 per month Coil subscription is active.
Thanks to everyone for your continued support!