Good article about some of SuchApp’s great qualities, as a decentralised messaging program with a good user case and likely wide spread incentivised adoption - with the attraction of getting free SPS tokens for coming on board to use SuchApp for messaging and video! And the author highlighted how a functional crypto currency economy will be an integral part of SuchApp’s messaging and video dApp, with millions of people introduced to crypto for the first time!
And I’d like to expand on that with the vision I see for SuchApp longer term, if this dApp is able to become one of the five biggest messaging apps in 5 years - with millions of users using it for 5G messaging and high quality videoing, and for social media with the tools SuchApp will give them. Each user is unique of course with their own personal data, and they’ll all be diverse too with many varying interests that will show up in their metadata - some interests that they’ll share in common with other users, but not with others. And the beauty of SuchApp doing this on a decentralised blockchain with no central company involved, is that users will at last ‘own’ their personal details and metadata - and they can then decide to keep this information private if they want, or to share it with someone who wants to know about it, and who’s willing to pay them a fair price of SPS for it! Just imagine how attractive to users that anonymity and privacy of your own details and metadata and interests will be, compared to say what they have now using a centralised messaging and social media service like Facebook, who uses all their information and metadata data to enrich the central company with no benefit to the user! And it’s clear that a dApp like this if it lives up to its plans and expansion, would be very very attractive to advertisers who spend multi-billions of dollars now on ad campaigns using centralised ad placement services like google and Facebook - which are expensive and usually have a low conversion rate from the people targeted from their personal info and metadata, who usually hate the ads! Advertisers would be very keen to use the other blockchain dApps coming out that aim to provide cheap effective targeted advertising p2p cutting out the middleman, and it’s easy to imagine those blockchains plugging into a dApp like SuchApp - with advertisers paying users for targeted effective ads if the user accepts them for a reasonable SPS payment. Win/win for advertisers and for the users of SuchApp!!
There are many other exciting ways that owning your data can finally make money for you, and I’m sure they’ll be many ingenious ways users work out to monetise themselves by setting up payment options for fans using the SuchApp network and SP coins - and hopefully this growth and development and potential will support the price of SP coins on exchanges, until there’s the likely steady rise in price of SPS once the initial free incentive coins for new users are exhausted.
The SuchApp pre-sale of their ICO starts in ONE HOUR, with up to a 45% bonus of coins for early investors - and if you haven’t looked at this project yet you should by following the link in the article to their website and reading their white paper, and if you’re already interested in investing then you should make sure you’re registered and that you’ve gone through KYC and are on the pre-sale white list!
This is a good ICO project to support I think, and it may well go to the stars in the years to come with the experienced and talented group behind it - who’ve worked so hard over the last two years towards this day,! A team I might say who have a working alpha testnet product in place and being tested by users before the ICO, unlike so many otter ICO’s that are just dreams on paper and sometimes little more than “I want your crypto” basically. Kudos to the SuchApp team, and good luck with the ICO and hitting your hard cap. And thanks again to the author of this article, that’s a racy exciting motivating read - as the ICO readies to open up for sake of tokens in a few minutes time!! Get them at the best price you can, if you’re gonna buy!!