In July we released the first Ujo artist badge with the purchase of RAC’s Ego. The concept of that release was to do something different in order to truly show the potential what we’re doing at Ujo and what blockchains are capable of. Although the transfer was not automatic at the time, when you purchased Ego, you received 1 EGO token. There have been 138 tokens issued so far and we plan to keep issuing tokens as long as the album is for sale. If you purchased the album, check your MetaMask account and you’ll see this token in action. You may be asking yourself, “what does this mean? Is this token even worth anything?”

The short answer is no, 1 EGO token has no monetary value at this time. To RAC this token means quite a bit. It means you supported RAC in testing new technologies, supported his work, and were willing to jump through a few hoops to get an album you could have streamed through your favorite music service. At the moment it doesn’t do anything but it does let RAC know that 138 of his fans were willing to go one step further than anyone else. In the future, this could mean a lot more than it does today.