Social media is a very great and big industry. With the industry getting bigger and bigger by the day, it is very easy to access and so many scams and frauds are happening every minute of the day.
With the SocialChains Platform, building the platform on top of the blockchain, it will change and impose a decentralized transparent system for the social media industry. Modernizing it for the future and making it ready for a legitimate and genuine social media industry.
The Socialchains.io platform offers wide-ranging monetization options for its users. Several offers are provided to share the platform profits among all users. In the beginning, 33% of the platform profits are distributed to the verified users based on the daily and monthly user activity. The share of profits grows from 33 to 50 percent as the platform
stabilizes.
Social media industry is a pretty big industry not only to business owners but also to small entrepreneurs and business owners. They could potentially use this to their advantage and they could also be at a great risk for fraudulent activities like scam and frauds.
Almost every millennials can't live without watching their social media on a daily basis. That's why the growing social media industry needs to evolve to keep up with the evolving users and audience.
The critical Market Problems as Social Chains sees it:
Fakeness
The users on currently available social media platforms are not fully verifiable as a majority of users use pseudonyms.
The lack of a precise verification system brings about the spread of fake news, rumors, and misinformation, which leads to inefficient use of marketing funds, and more critically, leads to distrust among users.
Spread of Social Wealth
a select number of companies continue to control an increasing portion of the social value that exists in the growing social media environment. As a result, the users, whose data these companies are profiting off do not see much.
What is Social Chains?
Social Chains is a user-driven social platform with a focus on providing safe digital neighborhoods to the community. We care about our safety and privacy. Businesses can promote their products and services confidently to a pool of verified and trusted users. The platform distributes social wealth to the community. Also, users get full access to the Contact Relationship App (CRA) to send and track touch points (Emails and Calendaring) with their contacts on the platform. The App is accessible through web and smartphones with the ability to link the user’s email account.
Social Chains platform aims to change the old way people see and use cryptocurrency forever with the help of this platform. It will induce the platform into the blockchain technology inducing complete decentralization and fairness. Transparency will be in our hands together with the evolution of social media industry platform.
This is the next step of the social media, that kept evolving since it was invented. And this is not the last! But for now, SocialChains platform will take a very big step of faith to change the current industry we are used to have.
WELCOME TO THE ONLINE WORLD OF VERIFIED USERS!!!
SocialChains will completely remove the risks of frauds and scams! This means, connecting with real PEOPLE, expressing REAL feelings and making REAL Friends and REAL bonding remotely! Whenever, Wherever you are in the world, you know that the people you are connected with are all REAL and not just a SCAM and FAKE people.
What is Social Chains Aiming to Accomplish?
Reduce Fakeness
All the users of the Social Chains platform are required to verify themselves to gain access to the platform. This verification process will gather name, phone number, email address, state-issued Photo ID and a selfie for facial recognition. In the process, Social Chains will have a community that can trust each other, thereby leading to trustable interactions among the users – whether they are consumers or businesses.
Social distribution of wealth related to user data
Socialchains.io is a decentralized platform of verified users with the aim of distributing the social wealth and adding value to time spent on the social platform. Users will be paid to participate. The first 511 million verified users would get a share of 54.4% of the available 1 billion tokens. The first 1 million users will get 10 (ten) tokens each. The next 10 million users get 5 (five) tokens each, the next 100 million get 2.5 (two and a half) tokens each, the following 100 million get 0.625 (point six two five) tokens and up to 0.3125 (point three one two five) for the future 100 million users. Individuals who verify their identity on the platform using KYC (Know Your Customer) are also awarded points on the platform. The user can exchange the tokens given to fiat or cryptocurrencies.
A very big market and industry is very open to attacks and scams. People are using this big of an industry to target many people. Scaling from one person to another, scams and frauds aren't gonna get lesser but instead getting manier and manier by the day!
Increase Marketing Effectiveness for SMBs
Online marketing for SMBs is an expensive and iffy proposition. Online platforms such as Google AdWords and Facebook charge exorbitant amounts, with results that produce the unknown quality of results – presented as click-through, or impressions – but not easily relatable to actual financial performance. Meanwhile, the rates for these services continue to increase and wasting of marketing budgets with an increase in fake accounts and fake clicks.
WHAT IS SOCIAL CHAINS?
Social Chains is a user-driven social platform with a focus on providing safe digital neighborhoods to the community. We care about our user’s safety and privacy. The platform distributes social wealth to the community.
Also, users get access to the Contact Relations App to send and track touch points with their contacts on the platform. Access to the app will be through web and smartphone applications with the ability to link the user’s existing email account such Gmail, Office 365, etc.
Using the inbuilt CRM system businesses can directly promote their products and services and approach potential verified clients on the platform.
TOKEN METRICS;
TOKEN DISTRIBUTION TOKENS
First 1 million users get 10 tokens 10,000,000
Next 10 million users get five tokens
50,000,000
Next 100million users get 2.5 tokens
250,000,000
Next 100 million users get 1.25 tokens
125,000,000
Next 100 million users get 0.625 tokens
62,500,000
Next 100 million users get 0.3125 tokens
31,250,000
Next 100million users get 0.1525 tokens 15,250,000
TOTAL DISTRIBUTED TOKENS 544,000,000
Use of Funds
Research & Development
Ad Platform
Development
Additional Revenue
Channels
Infrastructure
User Outreach (Marketing)
Meet Our Tokens
Social Chains is a Texas Corporation and is releasing ERC20 token called SOCT using Ethereum smart contracts. The crowd sale has Pre-ICO and ICO rounds. Public Ethereum is used to publish the tokens after the close of the first round. We are releasing a total of 1,000 MM tokens. Using comparison, Facebook raised more than $2 Bn before going public to raise another $10 Bn. We are compensating the founders, employees, community through tokens. As a result, 90% of the tokens go to the community of users, developers, professionals, and services. The founders and employees have a cliff and vesting over a period of 4 years. The community has one year cliff and vesting. Token allotted for loan payments has one-year lock-in. That will leave only 10% of the tokens for sale through the ICO. We are offering half (i.e., 5%) of these tokens for sale in this first round starting June 1st , 2018. The remaining 5% of tokens are in reserve for future fundraising rounds.
Token sale bonuses
To know more about SocialChains Platform,
You can visit the following;
Website - https://socialchains.io/
Whitepaper - https://socialchains.io/wp-content/uploads/2018/07/whitepaper.pdf
ANN Thread - https://bitcointalk.org/index.php?topic=4482539.0
Facebook - https://www.facebook.com/SOCIALCHAINS/
Twitter - https://twitter.com/socialchainsio
Telegram - https://t.me/socialchains
Written by,
Bitcointalk Profile - i7claufe
Bitcointalk Profile URL - https://bitcointalk.org/index.php?action=profile;u=1719874
ETH Address - 0xc38a4feFC0D2B94686F4E512952e8FB985FeA1B0