Hilo – A Decentralized Social Network For Crypto-Enthusiasts

Overview:

Hilo is a blockchain based social media platform which will bring together the crypto community to discuss and process the crypto-asset information. Hilo is developed by Tela Network Foundation. Users will get their privacy as their data will not be owned by the platform. This platform also has a reward system where the users can reward each other for sharing quality content. Hilo tokens will be used to get access to the features of this network.

Challenges of Current online social Networks:

The centralized online social networks store the user data which can be easily accessible to the hackers which can expose the sensitive information of the users. Users do not get privacy for their data on these social networks as their data is been used by the third parties without the permission of the users.
Crypto-asset information is not available at one single platform. It is segregated and dispersed on various social networks and websites. This creates difficulty for the crypto beginners who wish to learn about their assets. The crypto-investors also face difficulty of unfriendly user interface which hinders the better user experience.

Solution

The Tela Network Foundation addressed the above problems and came out with solution of developing the Hilo platform.

Hilo Platform consist of the Following:

• Dashboard: The dashboard of Hilo will consist of sections such as, market capitalization which will display the value of crypto assets. There will be an activity section where the live posts will be shared. Users can filter this and view the posts according to popularity or most shared based on their preference. A section named “Trending on Hilo” will display the assets which have been most actively discussed on the Hilo network. Lastly, there will be the section, “High and Lows, Most active and the Newest”, which will display the snapshot of the top six crypto assets which have gained or lost large percentages in last 24 hours.

• Portfolio: Each user will have their portfolio on this network. They can link their existing wallets to this network to store all the crypto-asset information on one platform. The portfolio of users will consist of a section, “Portfolio vs Market Cap”, which will the performance of users’ crypto-assets across various time horizons. Users also have the option to let other users access their portfolio in exchange of Hilo tokens.

• Discover: This consist of information about every crypto asset. Users can use filter and see the information about various coins based on their name, market capitalization, price, volume traded, and rolling 7-day percentage-change-in-price.

• Watchlist: The customized watchlist allows user to track the market movement of crypto assets of their preferences.

• Notification Centre: This network also enables the users to engage with each other by sending direct messages to each other or to private groups. To become a part of some private chats user needs to pay Hilo tokens.

Team:

Monica Puchner - CEO & Founder
She was the founding partner of node worldwide. She was also a business development and marketing consultant for 5 years where she advised early stage startups in various industries; Emerging/Future Tech (VR/Blockchain/Bitcoin (other cryptocurrencies), consumer tech & mobile apps, B2B SaaS.

Robby Black - CTO
He has done Electrical Engineering from University of tennnessee- Knoxville. He was a Chief Product Officer at Vendini for 3years. He was also the CEO of Dataflow Enterprises Inc.

Vadim Fedotov - CPO
He has experience in the fields such as visual messaging and managing projects spanning print, web, online social media, and mobile-based interactive products. He also designed and implemented branding & identity for Glamrush company, where he worked for one year.

Token Matrix: TBA

Verdict:

Pros:
• The team behind this project has experience in IT, marketing, digital marketing, blockchain, cryptocurrency, etc.
• There are 10 advisors for this project who re well versed with blockchain and cryptocurrency.
• The whitepaper of this project is explained in detail and it is easy to understand.
• This project has partnered with orchid, bounty0x, venturecoin, Ledger, civic and GenesisBlock.

Cons:
• This project has low social media hype. It has around 1400 followers on Twitter and around 1000 members on Telegram/
• The MVP of this project is currently not available.
• The roadmap of this project does not have proper information about the project events.
• The Telegram group of this project is not active at all.

Website: https://hilo.io/
Whitepaper: https://hilo.io/assets/whitepaper.pdf
Telegram: https://t.me/HiloCrypto
Twitter: https://twitter.com/HiloCrypto

Bitcointalk Username: rshetty3344
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=1907004
ETH address: 0x137F3CC2750C9b9bF639Cd4Bf8CB63c56823aC3c
Bounty0x name: rashmishetty