Socialchains.io is a decentralized social media platform of verified users. The platform respects and awards users for their time by offering tokens, points and a share in platform profits based on the level of user activity. The tokens and points are interchangeable with crypto or fiat currencies.
The principal goal of Social Chains is to have a decentralized data of verified and trustful connections. The process includes verification of email, phone, physical address, and a government-issued photo ID. Verification is vital as it enables users to participate in public forums, contribute to posts, add contacts, and add public feeds. The platform of verified users is like a safe neighborhood.
The community will own 54 percent of the issued tokens which provides users a say in the platform.
The desigh and research on the project started in the second quarter of 2017 led by Mr.Srini Katta founder.
During the 3rd and 4rth quarters of 2017, the team dived into the Development of the Social chains platform.
Building the ERC 20 standard token and Getting Ready for the ICO.
Star building the Dating and Matrimonial services and easy to use Ad Platform Applications.
Foundation to do a soft fork Public Ethereum to construct a Social Media Blockchain; Crowd Funding, and fundraising applications.
Hiring and E-Commerce services.