Overview
Social Wallet is a social media platform that integrates cryptocurrency into existing social media networks such as Facebook, Twitter and email providers.
The platform enables anyone to send cryptocurrency to another social media account, even if the recipient is not expecting the transaction. It is very easy to use and there is no prior setup or technical expertise required. You can expect 14 of the top 20 social networks in the world to be integrated within the first fiscal year. Providing cryptocurrency access to reach 2.5 billion people on social media will be a highly sought-after product.
By combining these two innovations, social media and the blockchain it gives rise to Social Wallet, an original and simple to use platform focused around the idea of enabling its users to send and receive cryptocurrency over existing social media networks. Simple, quick, and secure are central principles of the Social Wallet platform.
How it works?
Social Wallet is a first of its kind platform designed to enable cryptocurrency to be sent easily, quickly, and securely over today’s existing social network infrastructure. No prior setup is needed by the recipient, nor any advanced knowledge of the transaction itself. Social Wallet allows individuals to send cryptocurrency directly on the platform, through Facebook, Twitter, Email; with many more platforms to be included in the following months. Pick a celebrity, an influencer, a friend, or anyone else you wish and send them cryptocurrency on any social network platform. The applications of this platform are as vast and plentiful as social media user’s interactions are.
To send cryptocurrency to anyone in the world is executed in 4 simple steps:
Social Wallet is powered by WIRE Token
Social Wallet is a blockchain platform powered by the WIRE token. The WIRE token is a utility token that fuels the Social Wallet platform. WIRE’s “utility” designation derives from its function on the platform. Wire is an early banking term, which means payment transfer from one bank account to another. It is initiated by the payer, meaning the person receiving the funds, does not need to be aware of the transfer to receive money. Today, the term wire transfer is still used all over the world. The WIRE token is the accelerator for social media transactions. One must own WIRE in their account for the platform to function as it serves dual utility roles:
Once tokens are in the receiver's account, they have a variety of options at their disposal:
WIRE can be sent across all major social networks with the capacity to be divided into any desired amount. Ranging from less than a penny, up to the full amount you own, the abilities to split, spend, or share these tokens are endless.
Roadmap
Token Metrics
Token - WIRE
Price - 1 WIRE = 0.15 USD
Bonus - Available
Platform - Pivx
Accepting - BTC, ETH, LTC, Steem, SBD
Minimum investment - 100 USD
Hard cap - 28,125,000 USD
Country - United States
Whitelist/KYC - KYC
Restricted areas - Open to USA. Anyone who successfully passes KYC can purchase.
The Team
Jack Brown – Founder
Luke Shepard – Founder
David Hunter – Founder
Ken DiCross – CFO
Jon Leibham – UX/UI Developer
Scott Lindh – Blockchain Developer
Christopher Homer – Communications Associate
Justin Day – Marketing Manager
Verdict
Social Wallet has been designed with two core principals in mind. Firstly, the aim is to bring crypto to as many people as possible via the use of a simple design. Secondly, there is a desire to help and bring recognition to people engaged in charitable work via crypto. Social Wallet aims to achieve this via the Social Wallet initiative and the EARN program. With the help of this Social Wallet people aware about how we can combine our cryptocurrency with all the social networks and how to generate more tokens with this.
More awareness should be created on the benefit of social wallet and how everyone can participate using Facebook, twitter and so on
Website – https://socialwallet.io/
Whitepaper – file:///C:/Users/aditya/Desktop/social%20wallet%20whitepaper.pdf