A Social Network With Monetization Of Likes
More than 2.5 billion people on Earth use social networks every day and post various content. However, only a small percentage of them can monetize it with annoying ads. To solve this problem, the Monoreto team offers a platform that helps all users benefit from using it. Any likes will bring the creator of a photo or video likes at least 5 cents in Monoreto token.
This idea is very simple. However, many people still do not believe that such platforms have a decent model. That’s because they do not understand why they have to give money with like.
Monoreto and Social Network Coin
This Monoreto aims and functions as a mix between Facebook, Twitter, and Instagram. They have core social networking features such as live video broadcasting, posting timelines from people you follow, and the ability to comment on content. Monoreto also builds itself as the ultimate blogging platform; it’s very possible for everyone to share their creative skills on social networks.
The main feature of Monoreto itself is that users will receive MON tokens for each as they win. Every time they post photos, videos, or updates on Monoreto, they will have the opportunity to earn real money for every “likes” they receive. The purpose of applying this paid system is to increase the value of likes so that it is no longer just a haphazard way to recognize one’s achievement in social media.
All transactions take place on the Monoreto platform using a single wallet connected to a user’s account. Users can also convert received MON tokens to cryptocurrencies such as bitcoin, Ethereum, and others. The cost in this MON token is equivalent to 5 cents ($ 0.05). In other words, you only need to spend $ 0.05 every time you like something in Monoreto.
Monoreto and Blockchain Technology
Monoreto will use blockchain technology for his social network. In particular, the Monoreto team used NEM blockchain to launch MON cryptocurrency. And they look not entirely based on the decentralized blockchain. But instead, this social network is built as a traditional application that uses blockchain technology to make transactions.
This means any Monoreto user can publish posts for free while still enjoying the benefits of secure transactions. This app will interact with NEM blockchain via the NEM API. Monoreto also plans to offer the REST API to developers. This API will be similar to the Facebook Group. And all apps in Monoreto will receive their unique ID number, and Monoreto will ban all low-quality apps.
Monoreto is a social media platform that will help users to gain some benefits from using it without an intermediary. Each likes to charge at least about 5 cents in tokens. By liking you, you are promoting your account in news feeds (and by accepting likes), and getting a share of the advantages of this platform and other benefits. The zero transaction cost and all the mechanisms to motivate a desire to mean many cases of use.
You can find this platform online at Monoreto.com. They are social networks that aim to pay each user for the content they create and the value they have provided to the system. These Monoreto platform users can receive MON tokens for each they receive. This is a social network that monetizes “likes.”
- Token : MNR
- Platform : Ethereum
- Type : ERC20
- PreICO price : 1 MNR = 0.025 USD
- Price in ICO : 1 MNR = 0.05 USD
Tokens for sale : 500,000,000
- Pre-ICO bonus – 50% (10.05 -10.06)
ICO bonuses – up to 20% (15.08 – 30.09): 15.08 – 20% 16.08 – 17.08 – 15% 18.08 – 28.08 – 10% 29.08 – 10.09 – 5% 11.09 – 30.09 – 0%
- Min. investment : 0.1 ETH
- Accepting : ETH
- Distributed in ICO : 63%
- Soft cap : 200,000 USD
- Hard cap : 800,000 USD
Research needs of market.
Research of platform launch on the international market.
Creation of draft platform design.
2. Q3 2017
Development of marketing innovation mechanism inside platform Monoreto.
Resolving questions of technical realization of the platform and its scaling.
3. Q4 2017
Preparation to blockchain technology use in project.
The beginning of work on Whitepaper.
Engagement of consultants.
Project introduction to potential users.
Development of ITO campaign for raising funds.
Overview of technological solutions of the platform and its positioning.
Development of media plan and marketing research.
4. Q1 2018
Beginning of marketing campaigns on tokens sale.
Organization of Monoreto’s community.
Presentation of project and integration into mass media.
5. Q2-Q3 2018
Presentation of functional core of platform.
Start of fund raising to bring product to world market.
Presentation of project to holders of tokens at international level.
Completing distribution of tokens.
Beta-version of product.
6. Q4 2018
Launching escrow system.
Smart contracts within the platform.
7. Q1-Q3 2019
Unlock 20% of tokens for first users from platform development fund.
Designing effective smart feed tools to promote users.
Developing mobile application.
Translation to additional languages.
Author : AaXray
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