The Ant Network wants to revolutionise the world of online advertising bringing together viewers, advertisers and content creators. They will become a bridge between content producers and advertisers while charging a commission @3/5%. Added with their social network and video sharing project the Ant coin claims to revolutionize the way social media works.
The Ant Network has a big following @10m and has been distributing free crypto through its smartphone app since Feb21. All you need to do is download the app, create an account and click dig every 12 hours. Although it does sound similar to the Bat (Basic Attention Token) they claim to offer a commission-based platform, unlike any other.
The Ant Coin Network
Created at the beginning of 2021 the Ant Network has become a very popular app for both IOS and Android users. It’s another mining app that runs for 12 hours instead of 24hr periods. Just simply log in and click the mine button.
The Ant Network is not similar to Bitcoin or other Altcoin mining techniques, it’s more of a way to distribute their Ant coins and build a following before the company goes to an exchange. No excessive smartphone resources are are used while mining the ANTc Coin.
Everything is done off your device and then communicates with your device through the app. You can see the counter ticking down every 12hrs and you are rewarded in real-time.
- Suitable for both IOS and Android smartphones
- Currently earning rate @1Antc per hour
- Released in early 2021/February
- Staking options available
- In-app purchases for increased mining rate
Does Ant Network Have A Utility?
They have a road plan which is listed in their whitepaper that sets out their targets for the next year. They claim to have a wide variety of uses, such are:
- Social Network
- Advertising platform
- Defi Currency
- Video-Sharing platform
- Peer-to-Peer payments
- Staking accumulated Ant Coins
There is no doubt about it the Ant mining network claims to have a reason to exist and seem determined to make it happen. Unlike so many other tokens claiming to be the next big moonshot with only peer-to-peer payments as a guide or future targets.
In App Purchases
The Ant Network offers various methods to increae your rate of mining. They have:
- Worker Ant 60 days @2hr for $5
- Soldier Ant 60 days @ 4.5h for $9.99
- Reproductive Ant 60 days @15hr for $24.99
- Male Ant 60days @35hr for $49.99
- More packages coming soon!
These ant types are designed to improve your overall mining rates and are based on a 60-day plan. This defeats the object of mining cryptocurrencies on your smartphone. Charging users to accumulate extra Antc coins is a red flag for us here at Crypto Enabler.
Is The Ant Network A Scam?
The Ant Network is not an outright scam but paying for boosts is cause for concern. From everything we can see the network is similar to other networks such as Pi, Bee and the Star Network. There is no malicious coding or personal data transfers during a mining cycle and ads are minimal.
KYC And The Ant Network
All mining/accumulation networks need their miners to pass KYC (know your customer). The Ant mining network is no different, once they have the resources in place you can pass the KYC process and have access to your Antc tokens/coins.
The Ant Network Team
Currently, there are no faces or names behind the team just a Gmail address. This causes red flags for us here at Crypto Enabler, especially if they are charging users for increased mining rates. We would like to see faces behind any new project and not a free email address.
Earning Potentual For The Ant Network
Because they are charging for improved mining rates we believe there will be billions if not trillions of these Antc coins/tokens. Although you can accumulate a lot of coins over just a few months, if there are trillions of these tokens/coins similar to the Shiba Inu token built on the Ethereum blockchain then a few million Antc would be worthless once the crypto went to mainnet for a price per token.
Token Or Coin?
Although the Ant Network claims they have a coin, they would need a blockchain for their crypto to be classed as a coin/altcoin. Bitcoin and Ethereum are coins because they
We do not believe the Ant Network is building a blockchain similar to the Pi Network. So their coin token would have to be located on the Binance or Ethereum blockchains making them a token NOT a coin or altcoin (alternative to Bitcoin). So before you go spending a fortune to improve your bag of ANTc coins be aware that when they go to the main net/markets you will be disappointed.
Conclusion – Ant Network Review
The Ant Network has some good ideas on utility and a road map for the future, but paying for higher mining rates just ruins it. Because we cannot see anyone behind the project and we only have a Gmail address to go by we would advise our readers not to purchase any packages/extra ants for now.
Our final review of the Ant network is more negative than positive or until we see some updates or real users behind the project. Yes, download the app and collect the ANTc tokens but do not expect too much from this project as it stands.
Recent Ant Network Reviews
In recent months there has been an increase in bad reviews left on the Playstore app network. Users are claiming to experience losses of their mined ANTC coins. Nearly all the recent reviews are reporting this and declaring they are removing the app because of this issue. Here is a snapshot over the last month of Ant Network reviews:
Have You Downloaded The Ant Mining Network?
If you
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