Social Wallet : What You Need to Know!

in socialwallet •  7 years ago  (edited)




Social Wallet is a social media platform that integrates cryptocurrency into existing social media networks such as Facebook, Twitter and email providers.

The platform enables anyone to send cryptocurrency to another social media account, even if the recipient is not expecting the transaction. It is very easy to use and there is no prior setup or technical expertise required. You can expect 14 of the top 20 social networks in the world to be integrated within the first fiscal year. Providing cryptocurrency access to reach 2.5 billion people on social media will be a highly sought after product.

Social Wallet is now the fastest, easiest and least expensive option when wanting to send someone money.

This will allow us to compete with the Venmo’s, Western Union’s, and PayPal’s of the world. Plus, with our easy to use debit card integration you can easily spend your cryptocurrency anywhere in the world.

What is the Social Wallet Initiative?

There are over 2.5 billion people on social media and only about 1% of them know about cryptocurrency. We will work closely with our community and look for opportunities where sending cryptocurrency to someone can change their life for the better. Social Wallet can be an amazing tool for social mobility. We will use our resources to amplify stories of “Social Good” so that people will see firsthand, everyday instances of cryptocurrency affecting real, lasting positive change. It’s not enough to tell people about this technology, you have to show them the good it can do. We intend to lead the charge towards mass adoption of blockchain technology and invite you to join us in this mission.

Social Wallet is Powered by the WIRE Token.

Each transaction on the Social Wallet platform will have a small fee attached which will be paid in WIRE. Even once other coins and tokens are added to the platform the transfer fee will still require WIRE. Any coin or token that wants to be listed on the platform will pay a listing fee in WIRE. Off platform use: WIRE is a Proof of Stake enabled token that pays rewards to individuals with a staking wallet or with a masternode enabled. Privacy and zero knowledge quick sending are enhanced features that WIRE provides. WIRE can be utilized in multiple ways whether on the Social Wallet platform or off platform and more features are in our roadmap. Masternodes will require 35,000 WIRE tokens.

Social Wallet is currently in the midst of its Token Sale.

You can purchase Wire Tokens by going to our website at www.SocialWallet.io. Wire Tokens are required to conduct transactions on the Social Wallet platform. In addition to the ability to transfer WIRE peer to peer, they are also needed to serve as the gas that fuels the platform. Wire Tokens have a set price of $0.15, but they can be purchased at a discount if you act fast. Visit our website for more details. There are only 250 million Wire Tokens available and by owning them, you can take part in supporting the actual blockchain itself by running masternodes or by staking tokens in your wallet. The token sale will run until April 27, 2018 or until all tokens are sold. Join us in our mission to educate the world about the amazing benefits of Blockchain Technology and the power it has for change.



Want to help make a better Steem community? Allow @socialwallet to hold your witness proxy to make the Steem ecosystem better than ever!

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Give us feedback

Social Wallet is a platform that has specifically been created for our users. We want people who have very few technical skills to have an opportunity to join the cryptocurrency community in an easy and fun way. Take a moment to leave a comment below and tell us how we are doing!


Join the Social Wallet Discord chat

Do you have questions left unanswered? Would you like to be part of the Social Wallet community? Take a moment and join our discord room by clicking on the 'Join discord chat' button below!


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Thanks for the info about social wallet. Seems like a great idea. I personally think that the blockchain tech projects that will have the highest chance at succeeding in the long term are those that manage to make their dApps work as plugins that can be easily integrated with already existing social media, etc. platforms. Kind of like a WP plugin for websites and blogs.

We agree on the social media aspects. We have our own blockchain (Pivx fork) and our platform to facilitate the social media transactions is proprietary. We feel very confident about our current position.

  ·  7 years ago Reveal Comment

Sounds interesting and it will really help creators get more revenue from their supporters if this gets implemented allover social media!This could be a huge game changer!

Yes! We need more people like you that actually think this platform through and understand how much value that it not only will create for crypto in general, but the additional revenue streams it is going to provide users. Its a gamechanger. Well done!

One thing I'd love to see Social Wallet create at some point tin the future is the ability for subscriptions/recurring transactions. I'd love to have the ability to subscribe to content creators make on a platform like Steemit, and the current rewards system cannot make that happen. Social Wallet could be a great extension, creating a more direct (albeit hybrid) competitor to Patreon.

Congrats you have been selected by the Steemvoter (SV) Guild, keep up the good work and helping make Steem great!

Note: You should receive many guild votes in an hour or so, enjoy!

I can join you @steemvoter

Can anyone tell me why I am automatically voting for this account?
This is a good post that I would like to vote though.

I believe you are a part of Steem Voter. They have selected us for an upvote for our platform adding tremendous value to Steem. In their signup process they ask for permission to use one of your upvotes per day, if they choose, on a great post or project. They won't always use your vote as they have thousands of people to choose from and don't always use the same people with their upvotes. We appreciate you wanting to vote for us on your own! That means this is a worthy Steem Voter upvote because the goal is to upvote posts you would anyway. Keep an eye on us. We are about to do some big things.

Oh, I see. Thanks for your remind, I am indeed a user of steemvoter.

what coins can I buy the social wallet with.

Bitcoin,Etherium, Litcoin check their site Bro. I alredy put some money in this proyect. Its going to rock the world.

Thanks, does look like a good one,

For our token sale you can purchase with Steem, SBD, BTC, ETH, and LTC. Just go to our website www.socialwallet.io and click on "Token Sale." There is a 20% Bonus right now.

Thanks, definitely check it out.

More awareness should be created on the benefit of social wallet and how everyone can participate using Facebook,twitter and so on

@socialwallet
Thanks for the updates, I am in full support, wish I had more funds to support you guys even more. Great project, best of luck.

resteemed :-)

  ·  7 years ago (edited)

Yay! Another great summery of the need for Social wallet and wire!
the thing that makes me most enthusiastic for this first comming half year of the road map is the debit card. It will 100 % change the way I will be walking in the grocery shop as a photographer posting his content on instagram (14k) and steemit (0.5k).

I hope to get some more exact updates on dates and technical improvements rather then the story and the idea basically. Igot in the first day of the ICO week and now I am waiting to also get some more exact data!

>Hit me up< if you ever need an opinion of someone who has been quite the social media "expert" with regard to photography

Greetings from Amsterdam.


t.

Yes. Everyone is starting to see their own personal uses for Social Wallet. The reasons to utilize this platform are endless. You wouldn't believe the coins contacting us to list on our platform already.

It's damn interesting for sure. Lets see how it all will develop =)

eagerly waiting for more updates


t.

I went to register page and clicked on steem to buy and it still says 20 percent bonus . Will they send the 25 percent or how do i get that ?

The 25% Bonus was for the 1 week we offered it as an exclusive deal to Steem. It is now 20%. Hurry on that though. I believe we are in the last day for the 20% bonus before it steps down to 15%.

Just saw your purchase. Awesome. We are working hard to make this the #1 new platform of 2018. Great things ahead. Enjoy.

This looks interesting! I’m going to check out your site! Thanks for the post!!

Nice to hear that.
Going to register for social wallet. So could trade the cryptocurrency on social wallet platform.
And Will open to publicly?
Regard

It is open to the public right now with a 20% bonus since we are only in Round 2 of our token sale. Get some!

Cool.

I don't understand,

integrates cryptocurrency into existing social media networks such as Facebook, Twitter and email providers.

How will this be possible to convert every social account to crypto wallet?Or I misunderstood the above phrase?
Does this automatically creates a wallet for the receiver social Id for him(assuming he is new) and sends notificaton to his social media ? I am really confused here.

From their "whitepaper":

Receive the tokens if they have already signed up through the Social Wallet platform
OR
Be prompted through an easy sign up process to receive the tokens

No, you will have to sign up to use this platform.

Thanks, I was lazy to read the whitepaper.

hoping that more & more people will aware & know about social wallet via social media platform.

Let share this post on social media, it will help

Loving the teamwork fellaz..

I did share.. but its a pity many people are still not convince about it..huhu

Not being convinced does not equal the platform not being awesome and the team not executing its goals. We are about to change crypto and congrats to the people who see this early on vs later on.

If I wanted to get a Masternode will that become available to me at the completion of the ICO or does that decision have to be made sometime before the completion ??

At the completion of the token sale.

Thank You @coinhawk

What would happen if you buy the 35,000 wires right now? Do you know?

We haven't released the platform to the public yet so nothing would happen. The incentive is there is a 20% Bonus right now for out token so the USD it costs to acquire a masternode is greatly reduced.

cool thanks

Finally some competition to eat up. I'm looking forward to experimenting @socialwallet..

Waoooo... Whole project is looking interesting..
In our country bitcoin and cryptocurrencied are banned.. So its big issue for us to transfer steem or bitcoin in our local currency.. I was searching last few days a secure way or wallet in which i easily convert my crypto to pakistani curtency and transfer it to my bank account.. I wana ask that this ll be posible on social wallet

nice idea..

Hmm, sounds like a tasty chocolate.... About to dive in to know more

Social wallet needs everyone, it is great.

Great idea. i hope more people will be using the wallet.

Great to to know this.... thanks for sharing

If SBD goes to 10 or above before the Social Wallet buy in, I will get the $100.00 starter pack. Thanks for sharing this info. It looks like a unique product that will meet a huge need.

Ha. That will be quite the cheap purchase. I hope it gets there.

This sounds very interesting moght have to check this one out

Def worth checking out. 35k coins to host a masternode at $0.15 per coin works out $5.23k for a masternode. Most other projects need an investment around $30k to buy into masternode. Is there a cap to the number of masternodes?

Invested some STEEM, waiting on some coins and excited for the launch! Will blog about this

Social Wallet Has Extended An Exclusive Bonus Opportunity To The Steem Community!

To celebrate the collaboration between BuildTeam and Social Wallet on the Steem payment integration, Social Wallet is extending a 25% bonus opportunity for the WIRE token sale exclusively for Steem.

As you can see in the picture above, all other forms of payments will fall into the normal 20% bonus timeline.We did not want the Steem community to miss the highest bonus available while the Steem options were still being programmed.

How do I get that , I went to site and when you enter steem < It still says 20 pwercent

Congratulations @socialwallet, this post is the most rewarded post (based on pending payouts) in the last 12 hours written by a Hero account holder (accounts that hold between 10 and 100 Mega Vests). The total number of posts by Hero account holders during this period was 424 and the total pending payments to posts in this category was $7745.86. To see the full list of highest paid posts across all accounts categories, click here.

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Iam totally in already with you Sacialwallet...Just wondering if i want to go higher...Whats the benefit when becoming a Masternode?

Masternodes will earn daily rewards...aka more WIRE tokens. Masternodes, compared to general in wallet staking, should produce much higher rewards. We will be looking to add voting rights to those masternodes down the line.

Awesome. Thanks

I think that there are plenty of wallets out there. Not sure we need more. Good job on the piece though. When life gives you lemons make lemonade! 😃 @swt3df1

Your comment indicates you are not understanding this project at all. We hope you do more research so you understand how big this platform..not just a wallet...is.

Well thanks for pay attention. After a more thorough read of the piece I take back my previous statement. I can totally get behind the intergration of cryptocurrcy into social platforms like Facebook. Although I think STEEMIT is better ACA6BA98-3C2E-4E1F-A6AD-AE0DFCA727DC.gif

What if I told you integration into Steemit is possible and on our roadmap?!

I would say..sign me up! Cheers!

Blessings ..... Excellent thanks for informing and keeping us updated I share .. @socialwallet . I am new to the community and happy to be informed

Muy informativo, gracias por compartir.

Hey, I just translate the post in french on my page, I think it is an amazing idea ! Lets share it as much as possible !

Will it be benificial to legalise the cryptocurrincies?

Not by Bad guys.

Great content and awesome article

Sounds Awesome SocialWallet! Iam alredy in. Cannt wait for april 28.

Thanks for the info about social wallet. Seems like a great idea. Sounds interesting and it will really help creators get more revenue from their supporters if this gets implemented allover social media!

Great content. Can try. Resteem

upvote and follow @rikineng
please

This is the first I’ve heard of this- but it sort of makes sense. I think a lot of ideas like this will unfortunately flop until it’s widely accepted..we will see

  ·  7 years ago (edited)

Great post!
This could help Reddcoin to rise to a new ATH!
You got a new follower;)

We have top cryptos contacting us!

i Don't Know Please Sir Tekk ME...? @socialwallet

great & significant!

unnamed.gif

Very informative. Learned a lot from this post. Thank you for sharing.

its a good project. i am glad am alive to witness another world changing event other than steemit.thanks for sharing this info...am resteeming this.
do you guys have pages on fb n twitter?

Thank you for the information

charming & delightful!

Thanks for the post....nice idea @socialwallet
please follow me @sazaliza

This might be a revolution in crypto space, i hope it will encourage cryptosceptics to make a step in unknown. I will most definitelly participate in it. Good work boyz!

Congratulations @socialwallet!
Your post was mentioned in the Steemit Hit Parade in the following category:

  • Pending payout - Ranked 8 with $ 369,42

The beauty of Social Wallet is that it enables secure,
fast, and intuitive transfer of value using existing networks.
No setup is required by a user to receive cryptocurrency
over the platform and the receiving party does not even need to know that an incoming transaction is on the way. The only element required to use the platform is the social media username of the receiving party and with a few simple clicks, the recipient can accept the transfer of funds and spend them with either a physical or virtual debit card.
Greetings desde Venezuela @socialwallet

Hello, I wonder what makes you guys different from existing projects such as Reddcoin https://www.reddcoin.com ?

Everyone asks about how we compare to Reddcoin. Evidently they are looked as the leader in the social network space. Well, we are now the leader. People will soon be asking "What makes you better or different than Social Wallet?"

Great answer. I'm looking forward to hearing more about your progress :)

@socialwallet - this appears to be a very interesting proposal. Especially given the advent of SMTs and other efforts to diversity the Steem Blockchain. How does this mesh with the SMT effort, or is there any plans to integrate @socialwallet into any future development groups?

Just a thought. Keep up the great work to make Steemit an even better place.

Great post....i'm a newbie please kindly follow me thanks

✌✌✌✌✌✌

las nuevas plataformas que hoy en dia se estan creando hacen que las monedas cambien al igual que su valor, en venezuela se ha estado utilizando la criptomoneda desde hace muy poco cosa que para otros paises ya es algo que paso de moda, la moneda en si se ha vuelto una revolucion dia tras dia se crea una nueva al igual que una plataforma para cambiarla, aunque tengo muy poco tiempo en steemit me gusta leer un poco sobre las tendencias y empaparme en cuestion de los cambios venideros