Now the market is bleeding and I'm not willing to invest new fiat money in the cryptoworld, there are 2 things left to. This moment is an excellent time to go over the Portfolio again, besides this is reading a lot about the cryptoworld and blockchain.
Due to the fact that I have some coins in my portfolio which are rather unknown and lower placed on the coinmarketcap, I will present these week by week. Each coin in my portfolio outside the top 100 will be discussed.
2 days ago I did present Monetha (https://steemit.com/cryptocurrency/@fullcoverbetting/monetha-the-combination-of-paypal-and-trustpilot-but-then-in-the-cryptoworld-would-buy-them-now) , this week my newest addition to my portfolio will be disucces: SNOVIO.
What is Snovio excatly?
One of the most difficult questions to answer for me, cause it is way outside my known territory.
So what's Lead generation?
In marketing, lead generation is the initiation of consumer interest or enquiry into products or services of a business. Leads can be created for purposes such as list building, e-newsletter list acquisition or for sales leads.
Current solutions provided on the market often cannot address the demand for quality information to the full, and users of such services buy a pig in a bag, receiving leads with outdated contact data, find irrelevant leads, or are simply left with nothing, as they cannot find out the required specific audience.
Snovio's idea of decentralization solves these problemsby attracting tens of thousands of people from around the world to collect and update the system’s data.
What problems are they solving?
- Sources of information lack transparancy: as we all know this problem evaporates with a blockchain solution
- Data Non-Exclusivity: Buyers of data should have the right to know, to whom this data was also sold
- Poor Quality leads
- Inability to receive real-time updates
- Utter opacity about the distribution of revenues
- Problem of searchin for specific data
How do they think to solve these problems?
Snovio has and continues to develop decentralized lead generation technology founded upon the idea of crowdsourcing data collection and blockchain technology.
Service will be able to reduce costs for search and validation of the audience required for business. Such search will be performed by an agent upon request. The agent will be motivated by receiving ERC20 token SNOV for work performed and accepted.
In short: providers are uploading data and are getting paid if the data is used. Customers can see which data is available and via smart contract get access to it. Additionally, they receive immediate notification whenever information changes or is updated in any lead that they have bought.
What do they have already?
Snovio began development in January 2017. Our first Beta version was released in April, and our first paying client subscribed on 17 May 2017. Within a month they had 10 paying clients out of over 500 free users.
The beta is some kind of plug-in for Chrome, which automatically collects data. It has been already installed more than 12000 times.
The users are not small ones like: Lego, Oracle, Uber, Ubisoft, Lenovo, etc...
In the beginning they will start with a SaaS service (subscription based) turning it slowly into a lead generation market place.
Roadmap
January 2018 - Complement the extension with an option to search for services' footprints
February 2018 - Reach a database size of 1 million profiles
April 2018 - Extend to database to 10 million profiles and sending messages about changes in data within peoples' profiles;
June 2018: 20 million profiles
July 2018: Development of expanded address book service and synchronisation of data from different social media through it.
They also have a complete marketing strategy in their white paper.
CMC info
- Max supply: 651,129,644 SNOV
- Current supply: 405,002,639 SNOV
- CMC ranking: 187 (at the moment of writing)
- Date entered: 8 December 2017
- Price at 8th December 2017: $0.002494
- Current price: $0.27
- All time high: $0.4187
Why did invest in it?
- There is not Blockchain like this. Maybe even a Blockchain wasn't needed as the solution. But it springs in the eye compared with other coins.
- They also already have some kind of a product and don't forget they operate in a 40 billion market!
- There is strong marketing white-paper including a strong markering plan, backed by a great team.
- It's according to me an undervalued coin. Expect in to be in the top 100 of CMC at the end of the year. This would an increase of at least 300%.
Snovio can be traded at https://www.kucoin.com.
Think about it, but do your own reseach!
Let me know what you think!
Cheers,
Peter
Greetings,
Peter