SOCIALCHAINS - Focus on Providing a Safe, Digital Environment for Communities
Hello everyone in this article I will present an interesting ICO analysis, called Socialchain, based on some of the following criteria:
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.
Users on currently available social media platforms are not fully verified. This has led to the spread of fake information, and fake accounts, resulting in a lack of trust among users and inefficient marketing expenses by businesses.
Further, these existing social media platforms profit mainly from mining the information of their users with no apparent monetary benefit to the users.
Social Chains verifies all users beyond the typical verification process – by requiring state-issued identification. We effectively offer a social environment where all users can be sure that they are interacting with a real people and businesses.
In return for joining and using SocialChains.io, users earn tokens, points and get to share in the company’s profits – thereby participating in the distribution of the social wealth created on the platform.
INITIAL COIN OFFERING (ICO)
TOKEN NAME : Social Chains Token
Simbol Token Sosial : SOCT
UNIT : 1
PRICE : 1 USD
SUPPLY : 50MM Initial Sale
SOCIAL CHAINS is a Texas Corporation and is releasing ERC20 token called SOCT using Ethereum smart contracts. The crowd sale Pre- ICO, and ICO rounds . Public Ethereum is used to publish the tokens after the close of the sale.
HOW TO OWN YOUR SOCIAL NETWORK
- Total of 1 Bn. Security Tokens being issued
- 10% of tokens being offered for sale through ICO
- Only 5% of tokens are available for sale in the first round
- Research & Development
- Ad Platform Development
- Additional Revenue Channels
- User Outreach (Marketing)
TOKEN SALE BONUSES
SOCIAL CHAIN TOKENOMICS
- SOCIAL CHAINS reserves the right of first refusal to buy back tokens from categories above – to either pay out company profits and/or retire tokens.
- Tokens may be used as transactional currency on the platform once they have vested.
- The tokens Scarcity is maintained.