Recently, a survey was conducted amongst people of age less than 30 years. The topic was "What is the most expensive phone service?"
Most of them answered mobile data.
It is true that the internet has empowered many people to do things that were unimaginable in the past, but at the same time, the data costs have risen immensely in the past few years.
This has been the major cause of worry for both the customers as well as businesses.
The customers do not engage much with the online content of businesses fearing huge bills.
Businesses, on the other hand, receive less engagement, due to this.
There has to be a middle path to this problem, and this is why Socifi GIF has offered a whole new solution to this.
What is Socifi GIF?
Socifi GIF's basic aim is to ensure that the customers can cover up their data costs by engaging with online content. This will unlock a whole new vista of sponsored data and a whole new fair marketplace of sponsored content.
This simple yet effective solution helps both :
- Customers, as they can cover up their data costs by watching sponsored content.
- Businesses, as their engagement via sponsored content increases as customers, can cover up for their data costs by interacting with these sponsored content.
In short, it is a win-win situation for both parties.
How does it work?
Let's think of an example to describe the solution in simpler terms.
Imagine, you are in a house which is on fire, and there are 2 friends of yours. You can only save one.
Now in this situation, you will be fair to one side and unfair to the other side.
The current market works just like this. Businesses lose out a lot because customers cannot cover the expenses of engaging with content, which consumes a lot of data.
Then, what can be the solution in the house on fire scenario? To save both the friends.
This is what Socifi GIF proposes and achieves.
Imagine, you are watching an ad by a nearby restaurant. For watching the ad, you are paid some amount of money. This can cover up for the data costs for watching the ad and you can save some bucks for yourself as well.
On the other hand, imagine you are a restaurant owner. You sponsor the content for advertising your shop, and customers earn rewards for watching or interacting with your content. This guarantees engagement in the ad, unlike the current system, where it depends on your luck factor and the success of the agency through which you are sponsoring your content.
The model followed by Socifi GIF is highly beneficial and solves a huge problem for the online community.
About ICO
The GIF token is the altcoin of the Socifi GIF platform. It will be used for providing discounts and rewards on the platform.
5,000,000,000 GIF tokens will be generated in total, out of which 3,050,000,000 GIF tokens will be circulated.
The ICO period begins on 15th May, 2018 and ends on 16th June, 2018.
The price of one GIF token during the ICO period is $0.00969635.
The soft cap of the project is $2.18 million and the hard cap of the project is $26.13 million.
Verdict
While the internet has expanded a lot in the past few years, the data costs have gone up significantly as well. This turns off most customers from engaging with content put up by businesses because they do not get any benefits by doing so. This, on the other hand, caused the businesses to worry a lot about the poor engagement and reach of their campaigns.
But now, with Socifi GIF's entry into the market, the customers can earn some rewards for watching the ads and other sponsored content while the businesses can be assured of getting a good amount of traffic on their content.
Surely, this is a huge revolution in the online world!
Website: https://gif.network/
Whitepaper: https://drive.google.com/file/d/0B16wHRja8doNNVhWRElYRmxKWkk/view
Use this link to join the TGE: http://web-api.gif.network/tger/7534c4f7-5465-4c65-9696-af65fd68ca89
Blog by ollivander7
Profile: https://bitcointalk.org/index.php?action=profile;u=1069616