Social Sharing Economy – Web 3.0 (Internet of Value)

Social sharing of information creates economic value. Social media and the Internet have made it possible to exchange information at a rate never before seen. This exchange of information is increasing at an exponential rate through sites like Facebook, Twitter, Instagram, Pinterest, Snapchat and more.

Algorithms – SocioEconomic Gap widens

Content hosting services, social media giants and advertising intermediaries are hoarding huge sums of the revenue by adding algorithms that limit your reach to your friends, followers and target market. Meanwhile the users (typically Gen Y and Gen Z) who create, curate and share the content take away little or nothing from the value they help create, effectively becoming cogs in the wheel of these tech giants.

Problem – Social Media “Gatekeepers”

Social media intermediaries act more like “gatekeepers” rather than unlocking value between Advertiser and Users who share digital content. These platforms create complexities while profiting from these inefficiencies.

Problem We Solve – Advertisers and Consumers

Problem We Solve – Advertisers and Consumers

SocialCash uses blockchain technology to authenticate users on the blockchain to solve for transparency that is destroying value for modern Advertisers using conventional platform-based social media platforms. Social Contract verifies Users on the blockchain while incentivizing new target market Users to join the blockchain and share targeted campaigns.

We solve this problem, not only for Advertiser, but also for the supply chain comprising the platform-based social media companies. The technology provides a layer of risk management and audit for campaign metrics which is verified on the blockchain.

Our Team

Paul Taylor
Paul Taylor
CEO
Paul Taylor
CEO
Ismail Malik
Ismail Malik
Advisor
Ismail Malik
Advisor
David Drake
David Drake
Advisor
David Drake
Advisor
Dr. Mihaela Ulieru
Dr. Mihaela Ulieru
Advisor
Dr. Mihaela Ulieru
Advisor
Dr. Sead Muftic
Dr. Sead Muftic
Advisor Blockchain
Dr. Sead Muftic
Advisor Blockchain

SocialCoin - New CryptoCurrency of Web 3.0

Social Cash Exchange (SCX) is implemented as an universal trading platform for businesses related to social exchange.  SCX deal flow takes place through the use of smart contracts, while the transactions will accept a new type of cryptocurrency called “Social Coins”
Advertisers purchase Social Coins and Users redeem Social Coins through the SCX via their digital wallets (Smart Wallets).

Social Contracts can be applied across multiple social media platforms and across multiple jurisdictions to reach national and international Users which makes them effective for advertising by leveraging the benefits of a decentralized blockchain model.

How It Works

Advertisers need to increase sales by leveraging Consumer referrals.  Consumers are motivated to “be hired” by Advertisers and rewarded.

Advertisers open a smartcontract to earn SocialCoins to optimize campaign goals.  Consumers align with these goals by sharing their digital campaigns on popular social media channels.

Consumers earn SocialCash by viewing, liking or sharing digital campaigns with their network.  Consumers also earn SocialCash by creating, and sharing their own digital campaigns and acting as “virtual” Brand Managers.

SocialCash miners share digital campaigns through their Social Media Channels to generate referrals (likes, reshares) and ultimately capture new monetization opportunities for Advertisers.  For sharing the links and generating activity our users will be asked to provide proof of sharing through our proprietary Proof of Sharing (PoS) blockchain technology.

This proof will result in the creation of newly minted SocialCoins.

SocialContracts are closed when campaign goals are reached or after the term of the contract has expired.

Consumers convert coins to fiat currency (e.g. USD) using their integrated smart wallets.

Subscribe for more Updates

Enter a Valid Email Thanks for Register