METOKEN: AN ALTERNATIVE TO SOCIAL COMMERCE, A MECHANISM OF THE BLOCHAIN TECHNOLOGY.

in #blockchain6 years ago

METOKEN.png

Me Token is founded on the principle that blockchain technology is not just shifting the economy, but also the way we shop and engage on social commerce platforms. As we move further towards a world driven by blockchain, new opportunities to develop a sustainable social commerce platform emerge. Furthermore, the Introduction of Me Token revolves around addressing these social commerce issues unbalanced value distribution, broken sales cycle and lack of control. Leveraging the existing patented fashion technology and combined expertise of industry leaders, and a network of brands, retailers, and influencers, Me Token came into existence.

VISION

Me Token vision is to revolutionize the world of commerce by creating a global social commerce economy that meets the growing consumer demand for purchasing goods directly via social media channels. Additionally, recognize the persuasive power of social media influencers, and me token will empower both established and aspiring influencers to build and monetize their network fairly and efficiently via the ME Token economy.

eCommerce was introduced to the market years ago and it was a huge breakthrough for all the sellers and consumers. It changed the game, made the process of purchase so easy and accessible for everybody. But the time is passing and there is a new trend that is going to overtake the conventional eCommerce — Social Commerce.

SO, HOW DOES IT ACTUALLY WORK?
Imagine an influencer who wants to advertise new outfits. There are many ways to do it, but the most effective one is to speak with the potential customers directly. So, the influencer uploads images of the content to Me Token platform where they connect with consumers, who are looking for new clothing. Their posts receive likes and shares that later on are rewarded with Me Tokens.
METOKEN ECOSYSTEM.png

The MeToken is a cryptocurrency blockchain coinage defined exclusively as a social commerce platform for influencers, individuals and brands stimulating shoppable discovery applications in the fashion industry and introducing the style.me, this is the basic under-tone of the MeToken business platform for users via the blockchain.

▪The Problem: The brand marketing platform is complex and faces a lot of challenges as it were. The MeToken has decided to shape list them for users benefits and why underline why MeToken offers a way out. They are;

-Unbalanced distribution of content values on the media;The content developers are left behind as social platforms enjoy all benefits.

-Broken sales Cycle:" Social media’s current structure fails to bridge the gap between discovery and sales conversion"(metoken.net,2018).

-Lack of control: " Users have no control over how their data is used by social platforms"(metoken.net,2018).

▪Solutions: The Metoken becomes the first decentrlaized ERC20 coinage for users and also acts as the community currency been duly adopted by the social commerce platforms. Thus, on the Metoken is also the shop.me fashion platform for users as it is shoppable and instagram-like in nature. Thus via this construct will influencers,Comsumers and Brands enjoy vast benefits. Below are some of the benefits these brands will enjoy for Metoken solution thread.

▪Influencers: " Token compensation for content,Tiered system of reward earnings,Fair and transparent content distribution"(metoken.net,2018)

▪Consumers:" Token compensation for sharing data,Fully shoppable content,Digital fitting room, style advice, and more"(metoken.me,2018).

▪Brands:" Higher click-through rate,More conversions,Better influencer ROI"(metoken.me,2018).

METOKEN ICO

For investors receiving the notification late, Metoken is almost done with her ICO which started by 16th june- 22nd October, 2018. This is therefore an opportunity to earn big profit during sales time.

Distribution of Me Token
The Me Token Company will hold 40% of the Me Tokens to incentivize and seed future social commerce platforms from different verticals. Style.me is the inaugural platform of Me Token. It’s a fashion-tech company that aims to deliver more personalized shopping experience.
METOKEN SALES AND DISTRIBUTION.png

The Me Token Company will incentivize the participant social commerce platforms by seeding initial Me Tokens. New platforms will also be able to join the existing Me Token user base.

Thirty percent of the tokens are allocated for token distribution sale. Participants in the sale will receive their token after the end of the sale.

ROADMAP

for proper business plan of action, below is the roadmap for your study;
METOKEN ROADMAP.png

FOR MORE INFORMATION, VISIT;

OFFICIAL WEBSITE: http://www.metoken.net/

WHITEPAPER: https://metoken.net/metoken_whitepaper_EN_180611.pdf

ANN THREAD: https://bitcointalk.org/index.php?topic=4479123.0

FACEBOOK: https://www.facebook.com/me.token/

TWITTER: https://twitter.com/me__token

TELEGRAM: https://t.me/stylemetoken

BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=1080113

Sort:  

Congratulations @crypto12! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:
SteemitBoard and the Veterans on Steemit - The First Community Badge.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Congratulations @crypto12! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 1 year!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.27
TRX 0.13
JST 0.032
BTC 61451.22
ETH 2929.56
USDT 1.00
SBD 3.65