If there is an idea about monetizing the social media, it would be appealing to the users, for sure. When else can you do something you like and then get paid for it? Unfortunately, there isn’t any social media that is offering such a thing. Well, not until Selfllery comes, anyway.
The Problems
Do you know who will be the one gaining the benefits for all active participants in social media? It is the executives and the stockholders. Sure, they may provide a free platform for users to express themselves but they are also the ones getting profits from advertisements and such thing alike. Do you think that would be willing to share their profits with you? Not a chance.
Selfllery is about to change it all. Aside from the fact that it will provide rewards for members and their active participations, they will also provide a rating system for the members. It is will be an honest and clear platform, where it is the automatic system knowing which members are truly active and which aren’t.
Naturally, the more active you are, the more rewards you can get. And since it is based on visual contents, you need to make sure that you produce only the premium and high quality contents. Your popularity will also determine the many rewards you can get.
The Idea
There are several target markets that Selfllery is focusing. The first one is the users, who will be the major force drive of this platform. The second one is the businesses, where they can use users’ photos as a part of their marketing plan. The third one is social organizations, such as charities and donations.
The major idea is to connect active users and businesses to work together improving marketing and sales force. Companies are always millions for marketing, advertisements, and promotions. Right now, they know that social media is one of the most promising sector.
Wouldn’t it be logical if Selfllery can connect users and companies within the platform of their focus? It’s a win-win solution – users get the money and businesses are able to achieve effective marketing method. And both of them are doing it within the social media platform they hold dear so much.
YOU Token Distribution and Allocation
This platform will be using YOU token. For every likes you get, the token will be sent right away to your wallet. From the total numbers of token issued for this platform, 64% of them will go to sales period – which will be divided between pre sale and public sale events. 12% will be dedicated for reward program, another 10% is for reserve funds, and 10% is for the team. The remaining 4% will be divided into 3% advisors and 1% bounty.
The funds generated from the token sales will be mostly used for product marketing. In fact, 50% will be used for marketing, while 25% will be used for product development. 10% is for operating expenses, another 10% is for reserve funds, and the remaining 5% is for legal matter. Hopefully, by the time token sale has ended and everything has been cleared up, the platform is already up and running, and Selfllery can completely function 100%.