Summit the World's Highest Peak and You Could Find a $50,000 Crypto Prize

Towering at 29,029 feet, Mt. Everest is the world's highest peak.

First successfully climbed in 1953 by Sir Edmund Hillary and Sherpa Tenzing Norgay, Everest continues to draw almost 1,000 of the world's best climbers and adventure seekers each year.

Some of the many potential dangers associated with climbing Mt. Everest include hypothermia, frostbite, falls, avalanches and altitude sickness.

While each adventurer has their intrinsic reasons, now there is one more reason to summit Mt. Everest: a $50,000 prize in cryptocurrency.

Valued at $50,000 by cryptocurrency consulting group Byzantium, the ASKT token is part of a publicity stunt by California social-media site ASKfm.

Although not yet released, the ASKT token would reward users for their contributions.

Users who answered questions would be rewarded ASKT tokens and more popular answers would generate more ASKT rewards.

The ASKT tokens could then be turned to fiat or used for "Asking power" to get more important questions in front of more potential or desired answerers.

Of the 2 billion pre-mined ASKT tokens, 1 billion will be available during the ICO at $0.10/ASKT with a soft cap of $14 million and a hard cap of $100 million.

Compared to summitting Mt. Everest, joining ASKfm to answer questions and generate tokens seems like a walk in the park.