HYPNOXY IS BRINGING BLOCKCHAIN TO THE INSTANT MESSAGING INDUSTRY

in blockchain •  6 years ago 

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Recently, there's been a heavy in-flow in the use of texting and chatting. It's pretty debatable that texting has gone on to be more important than voice calls as a communication tool in the world today. This is because texting and chatting presents one of the most convenient ways to communicate. Eliminating the rigorous processes of cross-border communications. If i want to communicate with my client in the UAE, i could just leave him/her a text, which can be attended to, at his or her covinient time. Fast, cheap and easy.

Additionally, one of the major causes for the high rise of the use of texting and chatting is the high increase of smartphones. Everything is on-the-go now. Social media platforms all come with their mobile applications and a send button always beconing. This has invariably led to much more chatting times, seamlessly passing information and communication to all and sandry.

While all that is a very good thing, it does come with some draw backs too. Say, now, with numerous social media platforms springing up on a daily, with their own style and features, coupled with the various applications downloads and approvals needed to enjoy these features, numerous private information of users are shared. Shared with people who'd go on to sell them to advertising platforms eventually. Also, users of these platforms, who make these platforms grow, are left hanging. I mean, what's a platform without users? These users are not rewarded for the work they put in to grow the platform. Instead, they have their data and private information sold. This isn't proper.

Another really annoying thing with some of the other social media platforms has to do with advert displays, especially when operating through its applications, impromt adverts tends to cover up everything.

Here's is where i get to tell you about the HYPNOXY idea.

HYPNOXY is a chatting platform. A decentralized platform on the blockchain that aims to protect the interests of its users through the implementation of a decentralized blockchain system that'd put the powers in the hands of it users. Ordinarily, each community is based on its peoples, this is the basic idea of the platform.

This means that HYPNOXY will also be rewarding its platform users and members as they put in the work to help grow the platform. Say you do the regular things you'd do on any social media platform, posts, bants, comments, view ads, etc and be rewarded for all that. That's got be cool, really really cool, right?
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Through its decentralized nature, the platform makes it possible for users to stay anonymous even as they are chatting and having fun. This way, there's a high level of the security of individuals data. Making it a safe and seamless experience for users.

Users of the platform will get important features like the option of anonymously engaging is group chats, video calls, audios, etc. Users can choose if they want to see any adverts at all or not. However, users who pick to see adverts will be rewarded through the adverts revenues sharing system. Only for users who opted to view adverts.
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HYPX Token

As a platform housed on the blockchain. The platform employs the use of an indigenous currency that'd serve as the basis of all transactions and interaction on the platform. Tokens will be liquid and used as a reward for users of the platform. The tokens are very tradable on other exchange platforms where users can trade them instantly.

Conclusion
Hypnoxys is committed to decentralizing the chatting industry by using a new way of readily and easily using an instant messaging services without the need for a several layers of middlemen or centralization. Your chats are safely and transparently kept on the blockchain.

Your chats are transferred directly from the each user to the blockchain without any intermediaries thereby keeping your messages encrypted on the HYPX-crypt. This means your messages are inaccessible because they can't be decrypted by anyone.

Again, the platform does not keep or store your data, the blockchain does.

This article is just a brief about this project, more information can be seen through the use of the following links.

** Project Website:**https://www.hypnoxys.com

Whitepaper: https://hypnoxys.com/docs/HYPX-whitepaper-0.8.pdf

Twitter: https://twitter.com/hypnoxys/

Telegram: https://t.me/hypnoxys

ANN Thread:https://bitcointalk.org/index.php?topic=5112908.msg49870661#msg49870661

Written by Goodnuel

Bitcointalk username: Goodnuel
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