EMP - a platform that can solve all the problems of social media

in #ico6 years ago

Greetings to you, dear readers. I am always glad to share with you the most promising ideas and start-ups from the world of cryptocurrencies. They are created in order to facilitate our life with you, and to change the world in the future.

Ever since the revolution that came with the internet, social media has been the new and most convenient means of advertising and spreading news. Social media has over time shown to have a wider circulation of news, than the traditional newspaper. Since the advent of the social media,readers can now have direct voice and influence over some opinions on news platform. Before now in the 1990’s readers could only read newspapers, without making any form of suggestion, even when the opinion on the news are not favorable to them. This situation had led to the manipulation of the traditional printing media by corrupt politicians in circulating fake news, for their own selfish benefits, since the system allows only a linear communication pattern.

EMP (Every Media Platform) is intended for ecosystems that provide equal and fair compensation to all players who participate in it, such as advertisers, users, service administrators, content producers, and developers. Large, regular web portals and SNS media make large amounts of profits from users' personal content and information. However, until now, the data owner has not received compensation for his contribution. EMP is a media block platform, which compensates all participants.

To overcome the social problems caused by BAADD media, we propose an ecosystem that anyone can implement decentralized services by separating media mechanisms and combining blockchain and coin-ecosystem technologies for value exchange.

At the moment, a monopoly in this area are special technology companies, called British media workers as BADD. At the moment, such firms cause a number of problems in society, among which:

  • economic inequality associated with the monopoly of income distribution;
  • violation of confidentiality of user data;
  • prejudiced treatment of data;
  • providing users with specially selected information;
  • leakage of personal data;
  • creation of digital dependence;
  • psychological manipulation by placing a certain advertisement.

The solution of all the above problems caused by social media monopolies will be the new EMP platform. 

Objective of the project

Among the main goals of creating this project, developers identify:

  • the creation of a mechanism for the fair distribution of remuneration from the placement of content and advertising;
  • support for developing social media;
  • restoration of the right to control personal data;
  • providing users with the content they want to see.

Principle of operation

All trading activities carried out on the EMP platform will be stored in the Blockchain chain, and will be shared. It is important to note that unlike traditional monopolists, the management of this platform will be handled directly by its users. For this, autonomous management bodies will be established. 

The main participant in charge of the platform will be a "witness". These individuals will be able to manage the basic platform policy, content creation and reward in the form of EVE coins. In addition, the "witnesses" can elect the heads of the admission centers, the distribution of remuneration for the use of personal information, the creation of applications and the placement of promotional materials, which are holders of ADD tokens. In this case, the vote for the final result of the placement of content or advertising material is carried out between all owners of the coins of the platform. It is important to note that there will be 20 witnesses selected by the holders of the EXP tokens.

The second participant in the platform management system will be "organization of witnesses of the advertising node". They engage in the offering and placement of promotional materials, but do not have the right to vote. These persons represent a node that generates ADD coins.

The third body of the management system is an "audit committee" consisting of 21 people responsible for checking copyrights, providing protection and distributing funds in the form of EXP coins. This committee decides whether to allow content to be published. Moreover, in the case of multiple violations by the publisher, this body can block forever his wallet. The members of the committee are elected by voting of all users.

Among the ordinary participants of the platform are:

  • a writer who creates articles and receives an award from users for it;
  • a consumer who can influence writers by distributing their content;
  • an advertiser that provides fair advertising for the target audience.

The main coin of the platform is EVE, which can be exchanged within the platform on EXP or ADD in a ratio of 1 to 1. 

The second resource is ADD coins, which can be received by users for their contribution to advertising.

The third asset is the EXP coin - it is a coin that gives users the right to vote, which simultaneously is one of the types of shares.

As part of the ICO will be sold coins EVE, which in the future can be exchanged for any other platform token.

Roadmap

Every Media blockchain Platform accomplishes a developmental goal in a short period of time and carries out the plan as stated below to conduct a quick distribution of EVE coin.

2017

  • Idea (Decentralized Media Platform) Born

2018.03

  • Wallet v1.0 Launch
  • DAJO(Decentralized Autonomous Journalism Organization) Concept Born & Media Business Market Research

2018.05

  • P2P Exchange Hurbit v1 Launch

2018.06

  • TJNT Nonprofit Organization Foundation (Singapore)

2018.Q3

  • P2P Exchange Hurbit v2 Launch
  • EMP White Paper v1 Release
  • MOU for Establishing DAJO (ETNews, Kukmin Ilbo, Herald, Nordic Chinese Times)
  • EMP Private Sale Open

2018.Q4

  • Listing EVE Token on Exchange

Q2 2019

  • EMP Test Net v1 Launch

Q4 2019

  • EMP Main Net v1 Launch
  • Existing EVE Token Swap
  • EVE Blog, Kpop DApp Service Launch
  • DAJO Participant(Press) DApp Service Launch

Q2 2020

  • EMP Main Net v2 Launch

EMP(Every Media Blockchain Platform) is a media specialized blockchain platform that benefits all participants including Author, Consumer, and Advertiser.

The Web giants such as huge Web Portals and SNS media have previously been making a huge profit out of users’ contents and personal data. EMP team will resolve social problems caused by BAADD media and create an ecosystem where users will be compensated.

To create such ecosystem, various strategic partners and advisers participate in EMP project.

Dates and details of the ICO

In total, the developers plan to issue 1 billion coins, of which 20 percent will be sold during the preliminary sales and 20 percent in the period of public sales. Preliminary sales will be conducted during the period from August 6 to September 6 of this year. Public sales will be held between September 10th and December 11th, 2018. 

The price of the first coin EVE is $ 0.26.

The distribution of tokens is as follows:

 

Team 

Conclusion

Creating a platform with the provision of exceptionally useful content and the right advertising, which will be managed directly by users, is an interesting idea. The EMP platform is another step towards a future without monopolies. It can be joined by millions of users interested in honest content and honest advertising. 

To find out more about EMP, use any of the following links:

BTT : https://bitcointalk.org/index.php?action=profile;u=1723984
ETH : 0x5C96D81b6892a57DD662394D4becF9cDD5240428

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