Since the 21st century the internet has become the virtual means of communication around the world, due to its fast improvement of items. The online correspondence the internet grants is very impressive asinformation and trends easily permeates the web. Moreover, according to statistics the number of internet users on social media and its various platforms is about 72% making a total of about 3.26billion people. Due to the aforementioned figures many advertisers and investors have changed from using the traditional audio-visual domination method of publicity to leveraging the use of social media. Eventually this has increased drastically the revenue being generated from social media networking.
However, there seems to be an underlying problem of high fees, third party involvement, reports of loss of data and client well-being. Additionally, the social media platform in general lacks the incentivization of users who view ads, the freeness of speech, low fees, fast transactions, escrow system and full control on user data ownership.
Therefore, this gives rise to the need for an investment and start up development platform that has a decentralized rewarding system that will use the potential, efforts or funds of advertisers, users, content creators and influencers in a right direction. Precisely a blockchain based platform that will promote stability, security for user’s private information within a decentralized framework.
THE OZCAR PLATFORM
This blockchain based social media platform has been developed by talented persons from the blockchainand social media industry. The efforts put in by these individuals makes Ozcar very unique and successful, because of its advance features.It is an innovative approach towards transparent andindependent means of user data ownership, reward on ads and free of speech. Being the first get paid to content creation and sharing ecosystem, Ozcar aims to leverage OCR token payments for its reward system. The ecosystem of Ozcar is described below:
It offers incentive model for allowing the users to monetize contribution of other
Contributors which will help to grow the platform in coming years. Furthermore, there is no geographical barriers, so users from any part of the world can use this network to post, share or search their favorite content.Moreover, the implementation of blockchain into the ozcar platform, helps in supporting the ideals of freedom in speech and complete right to privacy which is in contrast to modern centralized social media platforms.
Also, since blockchain technology facilitated the development of cryptocurrency used in monetary transactions, Ozcar developers intends to use this technology to incentivize users for their contributions and engagement in Ozcar social media networking. Within Ozcar, this rewarding model will promote transparency, growth and trust between the users and platform. Infusing blockchain technology into Ozcar will curb spread of fake content unlike centralized social media network that are filled with fake news to spam bots. Thus, content and reward distribution will only be aimed on verified information streamlined through blockchain technology.
FEATURES OF THE OZCAR PLATFORM
Ozcar developers embedded three trademark products into the platform, which includes:
• OzcarMessenger : A product with built in cryptocurrency wallet that supports different digital currencies and a messaging system. The product enables users to have access to efficient, secure and transparent escrow mechanism that introduces ranking status to help users finalize dealings. The messenger is capable to perform fast peer to peer transactions between Ozcar users.
• OzcarExchange : This product enables members of the platform to buy and sell Ozcar native cryptocurrency (OCR) for other choiced digital assets.An exchange connection with the Ozcar application and messenger will make trading more secure for creators, users and advertisers. Listing fees, trade fees and withdrawal fees. The bulk of exchange income is very low. In addition, Ozcar intends to offer an invitation bonus, an incentive bonus and a discount on the trading commission for OCR owners. The incentive bonus simply means that 40% of the total trading fees collected by the Ozcarexchange will be returned as a bonus to the account of the content creators, users and advertisers who hold OCR.Holding OCR will give users the opportunity to increase their and receive discounts that will become a source of their passive income. At each OCR 1000 Holding, the user will receive a 1% discount on commissions. OCR's daily base stocks can be exchanged for other cryptocurrencies, but users can buy OCR tokens only from the Ozcar exchange.
• Ozcar Application: Ozcar application operates to connect various users of the platform such as content developers, film makers and so on. Also, this infrastructure enables members to be rewarded for their contributions to the Ozcar social media network.The Ozcar app also has advanced chat, voting, status and photo sharing features along with a search tool. Through regular notifications, users will be informed about each new step of content creators that can be customized from the installation. The Ozcar team strives to treat each member as an Ozcar platform ambassador, so new members who join the Ozcar community with their referrals will become a way to earn OCR tokens for them.The content creator will receive a share of the reward by creating and publishing high-quality content to attract more followers.The Ozcar app will become a way to connect content creators to well-known brands and advertisers who can pay directly to OCR for their promotion. With multiple OCRs in the wallet, publishers can upgrade their posts, pages, or websites locally or globally. They can access special effects, background music and ozcar gifts through the content creator.
WHY INVEST IN THE OZCAR COMMUNITY
Ozcar will be supporting an infinite number of digital assets but initially most demanded cryptocurrencies will be leveraged the users of the messenger wallet. Moreover, Ozcar will be offering efficient customer support service through live chat, support group and e-mail. Once an inquiry is received from a user, the team will instantly solve the individual’s issue ensuring both safety and convenience for the user. Furthermore, whenever users send and receive digital assets through their Ozcar Messenger or App, they will be charged less transaction fees. The platform will be providing its user’s with optimized exchange services with easy to understand user interface. Exchange will directly receive withdraw and deposit requests through Ozcar messenger and Ozcar application.
Ozcar will also be offering activity reward to increase user involvement which is an indirect and direct way of promotion. The introduction of escrow into the messenger will help mitigate the risks of fraudulent activities as funds will be released after proper agreement between the both parties has been reached, while every transaction are recorded in the platform immutably. Excitingly, Ozcar will be offering a multilingual feature in order to break language barriers that will hinder transactions.
TOKEN DETAIL
Token symbol = OCR
Token Type = ERC20
Total Supply = 1,250,000,000 OCR tokens
Supply for ICO = 625,000,000 OCR tokens
Early Adapters = 5,000,000 OCR tokens
Soft Cap = 0.5 Million USD
Hard Cap = 5 Million USD
Stage 1 = Pre ICO for early potential investors
Price:1OCR= 0.25USD
Stage 2 = 1st round of ICO
Price: 1OCR = 0.30USD
Stage 3 = 2nd round of ICO for the crowdsale
Price: 1OCR = 0.35USD
Below is a description of the Token Allocation:
CONCLUSION
Ozcar's vision is to be the leading social media platform for content creators, influencers, advertisers, vendors, and active users. With the help of Technology blockchain and tokenized economy, Ozcar will eliminate the interference of third parties and centralized authorities, which will reduce transaction and service costs.Involving blockchain technology into social media platform development introduces a new innovative and rewarding chapter for the entire digital world .Ozcar use of blockchain technology provide straightforward solutions to issues of privacy, data protection and income generation in social media, thus regularly benefits every user of Ozcar social media platform.
REFERENCES
Website :http://www.ozcar.io/
Facebook :https://www.facebook.com/Ozcar-113684230075251/
Whitepaper :https://www.ozcar.io/#whitepaper
Token Details :https://www.ozcar.io/#token
Bitcointalk Profile Link :https://bitcointalk.org/index.php?action=profile;u=2763530
Reddit :https://www.reddit.com/r/Ozcar/
Published by: Cryptocome:
https://bitcointalk.org/index.php?action=profile;u=2690033