SOCIALCHAIN (ICO): Revamping The Social Media World Towards The Realization Of Financial Opportunities

sechkin (9)in #ico • 6 years ago

SocialChains is a decentralized social network that will be managed by the users themselves. At the heart of the project lies the technology blockade, which allows you to rely on the maximum protection of user data. After all, the inadequate account security is a major disadvantage of existing resources.

Features of the new project

Socialchains.io is a decentralized and user-centric ecosystem of social networks tested and trusted by users - finally put an end to the "grudge" that exists on all other social networking networks.

Our platform respects and rewards users for their membership and participation by offering tokens, scores, and a share of the company's profits, depending on the level of user activity. After receiving the reward, the user can quickly exchange it for any cryptology, as well as financial resources.

Verification allows users to participate in open forums, post, add contacts, and ultimately buy and sell products and services on the platform. Socialchains.io is an effective global online community. This approach is considered revolutionary today - centralized services are not safe, but this platform allows users not only to communicate, they can carry out any necessary transactions, using the internal currency of the resource.

In this case, intelligent contracts will become a reliable protection against fraudulent schemes. The community will have 60 percent of the released tokens, which enable users to communicate on the platform. Project developers are going to use the profit derived from the sale of tokens, to add a new functional, as well as to upgrade the platform.

How does the Platform Work?

When you wish to register on the platform you must do so through the verification process. This verification process will collect name, phone number, e-mail address, state issued photo ID and a selfie for facial recognition. On social networks, you will receive rewards for spending time on the platform.

The first 511 million verified users would get a share of 54.4% of the 1 billion chips available. The first 1 million users will each get 10 (ten) chips. The next 10 million users get 5 (five) chips each, the next 100 million get 2.5 (two and a half) chips each, the next 100 million get 0.625 (point six, two) tokens and up to 0.3125 (point three one two) five) for the future 100 million users.

People who verify their identity on the platform using KYC (Know Your Customer) also receive points on the platform.

Socialchains.io not only offers a monetary value for the user's time, but also rewards them for the value derived from their data and data generated through the use of the platform. Users get a share of the profits from the platforms by creating a social economy for the users of the platform.

Users of the Social Chains obtain economic value from their data. Our platform implements permission marketing where verified users mention the products and services they are looking to buy.

Using blockchain to put users in charge of their data and eliminate centralized intermediaries who benefit from user data. Social networks as a blockchain application allow users to derive, manage and monetize their data.

The Socialchains.io product platform is ready and incorporating users. In the coming months, we will continue to invest in the platform and deploy enhanced capabilities in line with our revenue stream demands.We focus on permission-based Ad Platform and P2P E-Commerce completion.

PROBLEM

Users on currently available social networking platforms are not fully verified. This has led to the spread of counterfeit information and counterfeit accounts, which has led to a lack of trust among users and inefficient marketing costs for businesses.

In addition, these existing social networking platforms will largely benefit from the extraction of their users' information without obvious financial gain for users.

DECISION

Social Chains checks all users beyond the normal verification process - the identification allows other clients to protect the service from fraudulent schemes. We effectively offer a social environment where all users can be sure that they interact with real people and businesses.

In exchange for joining and using SocialChains.io, users earn tokens, points, and receive a share in the company's profits, thereby participating in the distribution of social wealth created on the platform.

OPPORTUNITIES WITH SOCIALCHAIN

Apart from its vision of eliminating all forms of fake accounts and making the platform healthier for business advert, it equally sort to provide incentives to all her users for their participation or activities by giving out 33% of her socialcoin (SOCT) for any user who peers other persons to their platform.

For instance, the first 511 million verified users will get a share of 54.4% of the available 1 billion token of their coin. The first 1 million users will get 10 tokens each, the next 10 million users will equally five tokens each with a lot of other packages.