Dreading Valentine’s Day? You’re definitely not alone. Millennials are lonely, and sometimes it feels like there’s not much we can do about it. In fact, a recent study found that a third of Gen Y are reluctantly single because they just can’t afford to pursue romance. According to the report, financial struggles mean that young people have essentially been priced out of the dating scene. Still, with dating apps like Tinder and Bumble growing ever more popular (and less impressive) could there be a solution? Who wants to log onto their dating app only to see a string of “You up?” messages all the time? If you’re looking for love, trolling what is essentially a glorified hook up app might not be the best solution. Surprisingly, that’s where blockchain comes in. So, let’s take a look at 5 times blockchain entered the world of love.
5. Til death do us part
In 2014, David Mondrus and Joyce Bayo were the first couple to record their wedding vows into the blockchain. Their message? “For better or worse, ’til death do us part, because the blockchain is forever.” Mondrus said that recording their marriage on the blockchain was more meaningful than getting a certificate at the courthouse (which they also did).
“For me, the blockchain is very symbolic,” Mondrus said. “It symbolizes the removal of intrusive government processes out of everyday life.”
Other couples have since followed suit, and some legal experts have argued that more blockchain weddings could mitigate some of the complications associated with cross-border marriages.
“Decentralizing marriage could provide an immense liberating force — allowing international standards of marriage to proliferate,” wrote John Oxley, a divorce lawyer, in City A.M., a London-based financial newspaper. “Just as Bitcoin allows a currency to function without the state, so too could “bitmarriage” restore the proverbial broken link between where you live and where your marriage is registered,” he said.
Ponder is a blockchain-based platform that was launched in 2017. It doesn’t just connect people for dates, but allows other users to be matchmakers and earn crypto at the same time. When you successfully make a match, and both parties “like” each other, you’ll earn $10. If they get married, you can win $1,000. Ponder now has 70,000 users.
Viola.AI is a Singapore-based blockchain that uses smart contracts and digital wallets to build a global “relationship registry.” Users can register their identity, and AI mechanisms track down common interests and backgrounds to put together better matches.
DateCoin had it’s ICO in May 2018, and is available on Google Play, the App Store, and a range of Chinese platforms. It uses neural networks and AI combined with blockchain to provide a more transparent and secure dating experience.
Number 1 on the list of the 5 times blockchain entered the world of love is Luxy. This one’s for the rich and famous. Luxy is a blockchain based dating app, that verifies that everyone on its platform are millionaires. According to Raffael Krause, head of PR at Luxy,
“Many of our clients are in this industry, and accepting [cryptocurrency] is just the first step in integrating this technology with Luxy.”
It’s the month of love, and romance is very much in the air. Now that we’ve looked at the 5 times blockchain entered the world of love, why don’t you use these tools and find yourself an SO. Nobody likes being alone for Valentine’s Day, that’s why I personally celebrate International Pancake Day of 15 February instead.