Social networks are part of everyday life brought to us by second generation of Internet protocol. Blockchain and decentralization improved second generation of Internet protocol to third generation and provided decentralized social networks, where there is no central point to collect all data, such as Facebook and Google, but there are decentralized networks where people could interact and share part of the profit and reward from all users and advertisers on the network. This is a major milestone in internet service development, where there is a possibility to share rewards that are fractions of one dollar, the service that was not possible prior to blockchain evolvement and tokenization of internet economy. At the moment, there is a set of projects that are focused on one or two things related to social networks, but decentralization could emerge to integrate all aspects of social networks in one community. That is a main point of interest for GLBrain project that is trying to provide a solution for social network and e-commerce within decentralized environment.
Main focus for GLBrain development are data privacy for users, integrated community management platforms and transparency and trust in the network, since social network in current form are not prone to frauds and always in the news regarding frauds and misuse.
GLBrain will provide users with all functions of standard social networks, but at the same time, will provide them with full ownership over their data on the network, and control it using unique chain-coded relational database. For entrepreneurs and business users GLBrain will provide tools for advertising, landing pages customization, location services and translation to local language service, all on one platform, secured by a blockchain solution that offer transparency and trust.
Unique features provided by GLBrain include already mentioned open data system based on a chain-coded relational database, hyper chains for large communities, that offer complex community management requirements, for an effective community management. Project also include internal ledger and blockchain, through Skyfiber technology, Geo-static references with more than 50k cities included, auto-translation feature and comprehensive social and business network, with provision of participation in revenues. There are three options foreseen for users, Smart Basic for users, Smart Business for entrepreneurs and Smart Communities for larger audience.
Regarding tokenomics, there is a total supply of 300 million tokens, with 40% offered through campaigns, private sale and IEO, with total funds expected to be raised in range of 5,3 million USD, based on a token price of 0,1 EUR, with discounts offered for first rounds of IEO process.
Author: https://bitcointalk.org/index.php?action=profile;u=1573369
Links:
Website: https://www.glbrainieo.com/
Medium: https://medium.com/@glbrain.the.global.brain
Whitepaper:https://www.glbrainieo.com/assets/file/GLBrain_Whitepaper_IEO.pdff
Telegram: https://t.me/glbrain
Facebook:https://www.facebook.com/GLBrain/
Linkedin: https://www.linkedin.com/company/glbrain
Youtube: https://www.youtube.com/channel/UCMNySgcvvhzbmTpjRgMMe9g/
Twitter: https://twitter.com/glbrain
Instagram: https://www.instagram.com/gl.brain/
Posted via Steemleo