INTRODUCTION
It is obvious that social media have played a significant role in terms of creating a networking of millions of people whereby we can gain access to products and services currently in the market system. Me Token seeks to revolutionize the world of social commerce, creating an economy through which consumers can directly buy their products through social networking platforms, this could only be possible with the blockchain technology.
METOKEN PLATFORM
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. It Is obvious that Social commerce is a growing market with a limited number of competitors. Indeed, in a 2017 Technavio report, global social commerce is likely to have a compound annual growth rate of approximately 34% through the year 2021.1 Currently, Facebook, Instagram, YouTube, Pinterest, and Twitter are the dominant social media channels where brands, brand influencers, and consumers have direct interaction with one another.2 However, the different actors in the social commerce space are struggling to succeed.
PROSPECT OF METOKEN
The ME Token’s inaugural platform will be Style.me, a fashion-focused social commerce platform that has been developed and will be launched prior to the token sale event. Style.me’s competitive advantage includes years of experience building a virtual fitting room technology for the fashion eCommerce space. We are now ready to move into next developmental phase and integrate the use of the Ethereum blockchain along with the ERC-20 standardized token which will drive the Style.me social commerce market.
WORKEABLE FRAMEWORK
In a bid to actually understand the workability of this platform; just 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.
Consumers can try outfits on the platform, using a 3D virtual fitting room, that will help them to understand if they want to buy these products. And, the more important thing is they don’t have to leave the platform and go to other websites. They can buy the things that they liked directly on the platform using Me Tokens!
BRIDGING THE GAP BETWEEN SOCIAL COMMERCE AND ECOMMERCE
More and more people now want to utilize the blockchain technology to allow ownership and privacy of users’ data on social media. They also want to reward influencers, shoppers and brands through tokenized incentives adequately. Me Token best serves these purposes.
This digital currency is backed up by a multidisciplinary team of industry leaders. Jonathan Leong founded Me Token with Rufus Parkinson, CEO and co-founder of Me Token. The team is comprised of seasoned professionals and advisors from the tech, fashion and blockchain industry.
TOKEN DISTRIBUTION
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.
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. Remaining tokens are reserved for advisors and marketing purpose. For further about the distribution formula, below is the distribution analysis;
TEAM
Below is a team of expertraits who sacrificed their money and time to make this project a dream come true.
FOR MORE INFORMATION, VISIT;
OFFICIAL WEBSITE: https://metoken.net/
WHITEPAPER: http://www.metoken.net/metoken_whitepaper_EN.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=2200532
WALLET ADDRESS: 0x805946Eb4D142B2ae3f48Cef74364Da1d3D770Eb