Minds Launches Virtual Currency-Powered Social Networking App

Minds users can spend virtual currency to extend the reach of their posts in the app.

Minds announced the beta launch of its open-source social networking platform for iOS, Android and the Web. The app was designed in part to help users expand their viral reach, and it offers a points system, giving users control of their content sharing potential.

Upon signup for Minds, users are given 100 points for free, and they can earn more by interacting with content on the platform. Users can share their own videos, images or text messages with the community, and also have the ability to share these posts out to Twitter or Facebook.

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