💣 Social Chains - project overview ICO 💣
Dear friends. Today I will talk about a very interesting project based on blockchain technology. The project is called Social Chains and it will be about improving social networks. Let's take a closer look at the project and the details of the ICO.
Social Chains project goal.
The main goal of Social Chains is to have a decentralized database of trusted users.
When registering with the social network Social Chains will have to undergo a complete check. Photo, phone and even physical address. All this is done in order to avoid fake accounts which are full on social networks such as Twitter, Facebook. Such a network will allow advertisers not to empty the budget. And users manetize themselves. Also, users receive a share of the platform profit, creating a social economy for the users of the platform. People who check identity on the platform using KYC will receive tokens on the platform.
Blockchain and Social Chains
The social network Social Chains will use Blockchain to eliminate intermediaries that benefit. Also we can be sure of the safety of our personal data. SocialChains will be on a private Blockchain from Ethereum or EOS by the end of the year.
In Social Chains - will be implemented CRM system that will allow using social network for business purposes. Users will be able to send and receive e-mail, configure both private and public events, meetings using their platform contacts. In fact, when users update their contact databases, they effectively interact with the CRM system, which provides tools for product information, campaigns, opportunities, quotes and orders.
Advantages of using Social Chains.
The main advantage of using Social Chains is that users are all real. Which opens more opportunities, both for communication and for business. Advertising and monetization of personal data. A great resource for the advertising business. All users are real means advertising will reach all users. Also, connecting your Google and Twitter accounts will simplify your work.
My opinion about the project.
The project is worth your attention. After the release of this project, most ICOs will use this platform as an advertisement in social networks. Opens new opportunities for earning. Advertising for small companies will be of maximum benefit, since users are real.
Full provision of personal data, not suitable for all users. Attackers will create phishing analogs to steal your personal data and accounts of social network Social Chains. Is the passage of KYC the solution to all problems? Particularly clever users will be able to pass KYC using other people's data. Yes of course the number of feces will decrease but still they will remain.
I wish good luck to the project and I hope they are the first to be able to solve the problem of fake users. All references to the project will be found below.
Web : https://socialchains.io/
White : https://socialchains.io/wp-content/uploads/2018/07/whitepaper.pdf