Socialchains.io is a social economy platform of verified and trusted users finally putting an end to the “fakeness” that exists on all other social media networks. The principal goal of Social Chains is to have a decentralized database of verified and trustful connections. The process includes verification of email, phone, physical address, and a government-issued photo ID. Verification is vital as it will enable users to participate in public forums, contribute to posts, add contacts, and add public feeds. The platform of verified users is like a safe neighborhood.
The critical Market Problems
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.
Social Chains Solutions
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.
Increase Marketing Effectiveness for SMBs (Small to Medium Businesses) : 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.
Socialchains.io Product Platform
The Social Chains platform is operational. The company has self-funded the development of the platform and continued to do so. Additional funding will accelerate the Product development rapidly.
Socialchains.io Features :
Socialchains.io already has several powerful features built into the platform that will be available to users from launch.
Decentralized contact database management : Instead of just depending on the user to keep their information current, Social Chains will be able to utilize decentralized user resources to ensure that the contact database is kept up to date.
Powerful Social Media features : Socialchains.io provides integration with Twitter feeds, allowing users to import and display their Twitter feeds within their accounts, and even filter them by keywords. Over time, should the need arise, we can incorporate and integrate other, complimentary social media feeds into user accounts.
Full suite Customer Relationship Management (CRM) : The Social Chains platform has a robust CRM system built into it. In fact, when users update their contact databases, they are efficiently interacting with the CRM system that provides tools for product info, campaigning, lead generation, opportunity evaluation, quotes, and orders. Business users will have access to the sophisticated tools of the Socialchains.io CRM.
Reason Why Social Chains Uses Blockchain
Social Chains are using blockchain to put users in charge of their data and do away with centralized intermediaries that profit from user data. Social Chains as a blockchain app empowers users to derive, drive and monetize their data. Social Chains is a first attempt ever made to provide an opportunity to the mainstream to make internet money. Blockchain offered us the tools to build such a user-driven decentralized social media app. We will use a hybrid of public and private blockchain for privacy and flexibility. Interim Blockchain of Social Chains as of now:
RoadMap
For more information about this project visit :
Website : https://socialchains.io/
ANN Thread : https://bitcointalk.org/index.php?topic=4482539.0
Whitepaper : https://socialchains.io/wp-content/uploads/2018/07/whitepaper.pdf
Telegram : https://t.me/socialchains
Twitter : https://twitter.com/socialchainsio
Facebook : https://www.facebook.com/SOCIALCHAINS/
Bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=2038051