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Trending | Nimses: when time really becomes money

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Social media applications are perhaps one of the most profitable web services. The more personalized they get, the better. From your generic apps like Facebook or Twitter to specific ones. Every single need you have is translated into some sort of sub-community: dating communities, programming communities, gardening communities, cougars with plastic surgeries gone wrong communities… there’s something for everything and for everyone.

When you look at it, however, you almost never get any monetary profits from your favorite exotic sub-community. Minutes turn to hours and hours turn to days as you surf aimlessly. That’s what Nimses team thought of when they decided to bring the app to life (no I am not sponsored by Nimses, I’m open for negotiations though).

So what is Nimses?

Nimses is an app that could be described with two common sayings:

  • Time is money: Every minute of your life since you subscribe to Nimses turn into a Nim. What’s a Nim? Nim is a digital currency that can be used in various situations. Everything you post on your profile has a value of Nims. Do you want to post a photo for instance? 100 Nims. That may sound pointless, but that forces you to choose wisely.
  • Give and take: every like you get on your posts has a certain Nim value. So your investments can turn out to be quite profitable, that’s why you have to choose wisely. A certain amount of Nims can also buy real objects like shoes, clothing, bicycles…

Here’s a video that could explain the concept better:

The app is not only a reincarnation of your time but of social status in modern societies as well. The Nimses community is divided into statuses that depend on how many Nimses and recognition you have. The more you climb the social ladder, the more influential and powerful you become. Constant contributions are made to maintain your status.

The idea behind the app is genius if you ask me. As long as you’re okay with having a price tag of Nims attached to your profile/life that everyone can see of course. The app is about being smart and choosing to make the right investments.

A swarm of controversy is surrounding the app, however. I may be team Pewdiepie… I mean Nimses, but I’ll shift the focus to the amounts of complaints people have about the application now.

The main complaint in that Nims cannot buy those many goods for now so the currency is sort of useless compared to other Crypto Currencies. The developers are still negotiating with businesses for more available goods, but who can wait when time is money? (1000 Nims= 1$)

The other problem is mainly due to security. Once your account is created, there’s no going back and in that kind of communities, you might want an escape card. Deleting your account is only possible through contacting the support team.

As I said before, your Nims account balance (Nimb) is visible to everyone. So your gender, birthday, location, etc. there’s no such thing as privacy on Nimses.

The final verdict goes to you of course. Nimses is an extremely flawed project with promising ideas and huge potential of changing the way we use the internet. But whether you choose to take the risk or play it safe, you have to enjoy this final video:

 

 

 

 

 

 

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Solving Oceanic Plastic pollution with bacteria.

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It’s common knowledge that our survival on earth is threatened by a number of self-caused problems: whether it’s global warming, antibiotic-resistant bacteria or the threat of a third world war, things in short look bleak.

However, there is some hope in establishing a solution to the problem of pollution, more precisely plastic pollution, due to the up and coming duo  Miranda Wang and Jeanny Yao. These 21-year-old undergraduate students have developed a prototype of a bacteria that breaks down polystyrene, a versatile form of plastic that’s used in manufacturing water bottles and yogurt containers, into CO2 and water, a project they first started working on in highschool.

The current version of the process includes using solvents to dissolve the plastic, then enzymes catalyze depolymerization of its base chemicals, which are then consumed and transformed by the bacteria. Wang and Yao envisage sending moving clean-up station to the locations of the plastic, where workers then can load the wasted and wait for it to degrade.

The duo has founded a company called BioCollection in an aim to capitalize on their idea and reach a widespread distribution. The company is targeting the removal of 9 grams of plastic per liter of bacteria and to sell 150 000 liter containers of the bacteria for $20000. While whether the company will prove to be the next Wall Street darling remains to be seen, there are signs of hope as the technology is much easier to implement than the widespread use of biodegradable plastics, version of which existed since the late 1980s and early 1990s, and more effective than similar products such as plastic consuming mealworms. What’s even more promising is that the duo won a total of 5 prestigious Wharton awards from the University of Pennsylvania, hosted their own TED talk, and raised $400 000, all under the age of 21.

BioCollection is not the next Silicon Valley wonder that teenagers aspire to copy one day, it is a company that can prove life-saving in the literal sense, and is the type of company that we ought to seek from the entrepreneurial world.

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