Social Wallet will make it possible for us to introduce cryptocurrency to more than 2.5 Billion people without having to explain any complicated systems or use long addresses to send and receive tokens. That sounds quite amazing, right? 😉
What Is Social Wallet?
Social Wallet is a project that uses blockchain technology to enable cryptocurrency transfers over today's existing social media infrastructure. That being said there is no prior setup or knowledge needed to receive a transaction, which makes it the perfect tool to show your friends the power of cryptocurrency to get them addicted to them as well.
Social Wallet gets powered by its own token, which is called WIRE and can either be used to be send directly or to pay the fees to e.g. send some Litecoin to your friends on Twitter, Facebook or Instagram. Doesn´t that sound simply amazing? Just imagine how awesome it would be to eventually be able to send some steem to your friends on other social media platforms in the future.
The core functionality of Social Wallet, to connect people over various platforms and to enable them to send any cryptocurrency to each other in an easy way is as simple as it is powerful. It´s the very basis that has made Steem what it is today but with the potential to create an entire new ecosystem within the cryptosphere.
In my opinion Social Wallet can definitely go viral, bring cryptocurrency to about 1/3 of the worlds population and strengthen the focus on decentralized social platforms... especially steem.
In case that general description of mine isn´t enough for you then there are more details available on the Social Wallet Steemit Blog ( @socialwallet ) or on the Social Wallet Website.
Anyways, here is a nice illustration from them on how easy it will be to send some tokens to your friends on other social media platforms:
Where Can I Get Some WIRE Tokens?
The WIRE token sale is about to start today and one can get his or her hands on them through Bitcoin, Ethereum and Litecoin for an equivalent of only $0.15 USD per token. Including a 25% bonus within the first round that´s an amazing deal in my opinion given the chance to bring millions of people closer to cryptocurrency.
Further information on the token sale is available on the Social Wallet Website.
My Conclusion
I´ve just learned about Social Wallet recently and am honestly already a huge fan of the project as it will allow us to introduce all our friends to cryptocurrency in a very easy way. There´s no need for them to understand the underlying technology or to use long complicated addresses for transfers but rather only usernames from social media platforms.
Cryptocurrency and their market value will only grow the more people get involved, which will benefit all of us in the long run. That being said Social Wallet might just be the missing link to get 2.5 Billion people closer to cryptocurrency, 2.5 billion people performing millions of transactions every single day. We might see the dawn of mass adoption happening here!
So would you like to introduce more of your friends to cryptocurrency?
Would you like to take part in the rise of a new ecosystem in the cryptosphere, one that got the potential to change simply everything?
If yes, then you should definitely take a closer look at Social Wallet and get yourself some WIRE tokens during the initial sale to be part of the revolution.
Disclaimer
The above information only reflects my personal opinion and shall not be seen as any kind of advise! Please be reminded to do your own research first before getting involved in any crypto project.
A Crypto Startup Revolutionizing Steem! |
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A Worldwide Crypto Society! | Awesome Steem Witnesses! |
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@TheCryptoDrive, @Ausbitbank & @TheMarkyMark |
Hmmm.. I just might take a shot of making my own account of socialwallet.
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Ideas like this are the ones that really help the crypto takeover to finally happen.
One of things in steemit that makes it easy to transfer the tokens is the fact we can use usernames to indentify the account, expand this to every other social media and you have a boom in popularity!
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YES! Everyone on this post is awesome! You all are really identifying the real life use cases that will make us become one of the most used platforms in crypto!
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This sounds like it has potential. I sell things on facebook and being to just send money to another user would be sweet
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Yes! You are getting it! The applications are endless.
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This is interesting. I always thought that one of the current drawback of crypto transaction for any new users are the current state of complicated addresses, public and private keys, multiple wallets etc. This must be simplified for a wider adoption. I think this project could be a step in the right direction. Thanks for sharing.
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Its definitely a drawback! Creating the technology alone to send over social media was not enough. Entering this space, we had to simplify the entire experience to be great with the understanding Social Wallet will be many people's first interaction with crypto.
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I think i will get myself some WIRE tokens in this early sale so as to be part of the revolution.
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Yes!
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It is good to have a tech like Social Wallet that doesn't require its users to be tech savvy at all. This might turn out to be really great for larger adoption of cryptos.
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The technology is cutting edge which advanced users will enjoy but easy enough that we can help accumulate new blockchain adopters through our platform.
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A few days ago I heard a pocket wallets. Is it related to him?
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No. We are different.
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Awesome!!upvote/boy
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Gonna have a look at their ICO and website right now. Thanks for the share.
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If we can help answer any questions let us know!
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Thanks for this update, resteemed and will check into wire!
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Thanks for this updat new Thanks for the share this is veery good
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Great info! Can i get your vote in my post bro ? Thanks :)
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ohh is great inf follow now
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thanks for the info ,checking it out
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thanks buddy for giving us great info about social wallet
Keep it up
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Hello,
steemit.chat is down at the moment. I just wanted to send you a reminder for the lease payment today. It will be 200 STEEM for another 28 days. Thanks
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Thanks for the heads up, steembusiness. Looking at the white paper on social wallet now.
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