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GENERAL VIEW
In this new age, everything about our life can be accessed on the social media networks. According to brandwatch.com, it was stated that about 121 million new users were added to the social media network between Q2 2017 and Q3 2017 and this statistic shows how successful social media has become today. However, scamwatch.com has released the amount lost to the scammers via social media, and the amount is stated to be $64.5 million and 70% percent of the funds lost is via Facebook. Now, let's think about the lives, properties, happiness that must have been lost due to this heartless act. As a result of this, social chains has come to stop this dubious act.
THE PROBLEMS CAUSED BY SOCIAL MEDIA SCAMMERS
The exponential development of the social media has given rise to a huge amount of scammers who make use of the media to carry out their evil plans. As a result of this, many fake accounts have been created in the likes of Facebook, Twitter, and others. Here are the ways in which the scammers operate.
They often create fake user accounts on the social media that are not fully confirmed as the users are ignorant of the strategy. The lack of solid authentication of profiles in the social media networks has made many innocent users vulnerable to this dubious act.
Many enterprises have recently invaded the social network, whereby they created accounts in the media to control a huge part of the social sector but the users benefit less from the rewards these enterprises earn.
WHAT CAN BE DONE
Social chains have emerged to provide necessary solutions to the problems facing the users of the social media sectors. This setup is a blockchain based platform that provides a verified and trusted users media system in order to empower the users of the social media to end the excessive fakeness existed in the present social media networks. This setup pays reference and incentives to the users for their time via tokens, and funds profit from lauding the efficiency of this setup. This token can be exchanged on all exchange platforms be it crypto to crypto, or crypto to fiat exchange platforms.
The real focus of this setup is to possess a decentralized information silo of verified and trustful interconnections. The verification and trustful processes include email verification, cell phone number verification, citizenship I.D card.
The act of verification is very important, in that it will allow the users to participate in public discussion groups, comments on people posts, add new members, consume public news and information. The setup is a platform that is full of verified users and as a result of this, the community is safe for everyone. This setup provides a widespread opportunity for the users to profits within the community. This setup is not like the traditional media platforms that only offers a share out of the revenue generated from the user's data but this setup gives all value that belongs to the users to them.
ICO DETAILS
TOKEN NAME: Social Chains Token
TOKEN SYMBOL: SOCT
PRICE: 1 USD
SUPPLY: 50MM Initial Sale
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Token distribution :
TEAM
It is extremely pertinent to note that, the team members are highly experienced and have shown great devotion to attain the project aim of Socialchains. See preview below :
Conclusion
This setup will definitely revolutionize the social media platforms by this awesome innovation. With this, I believe they will strongly thrive. Cheers.
Visit the links below to get more information about this unique project; SocialChains :
Website : https://socialchains.io/
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=4482539.0
Twitter : https://twitter.com/socialchainsio
Blog: https://socialchains.io/blog/
Telegram: https://t.me/socialchains
Writer's bitcointalk username : deodivine1
Writer's bitcointalk profile : https://bitcointalk.org/index.php?action=profile;u=1390292