SOCIAL CHAINS PROJECT OVERVIEW

The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is SOCIAL CHAINS

You may be contemplating on the crypto coin that will be best for your investment. You might have even found yourself investing in one of these Cryptos but you did not gain your profit as you expected because, some developers, after hitting their target and making a huge sum of money, dropped the project, and left investors in the middle of no where. All hopes are not gone. Lets start a new page in you new or next journey to investment for profitable earnings. I will be introducing you to Social Chains which is developing a social media platform that’s turning the whole social media world on its head.
At Social Chains, we take your Privacy to a new level – You own Your data. We will not read your emails, or scan, or analyze or share with others – without your express permission. All our users are verified with their photo IDs, thereby ensuring that everyone on Social Chains is whom they say they are. Also, all users of Social Chains earn tokens and share up to 50% of the company’s profits. Come, Join and become part of the Social Chains movement!

SOCIALCHAINS PLATFORM

Socialchains.io is a decentralized and user-driven social media ecosystem of verified and trusted users — finally putting an end to the “fakeness” that exists on all other social media networks. The platform respects and awards users for their membership and participation by offering tokens, points and a share of the company’s profits based on the level of user activity. The tokens and points are interchangeable with crypto or fiat currencies.

Verification allows users to participate in public forums and feeds, contribute posts, add contacts, and eventually buy and sell goods and services on the platform. Socialchains.io is effectively a safe global online community. Verification allows users to participate in public forums and feeds, contribute posts, add contacts, and eventually buy and sell goods and services on the platform. Socialchains.io is effectively a safe global online community. The community will own 60 percent of the issued tokens which provides users a say in the platform.

Social Chains is a user-driven social platform with a focus on providing safe digital neighborhoods to the community. They care about our safety and privacy. Businesses can promote their products and services confidently to a pool of verified and trusted users. The platform distributes social wealth to the community. Also, users get full access to the Contact Relationship App (CRA) to send and track touch points (Emails and Calendaring) with their contacts on the platform. The App is accessible through web and smartphones with the ability to link the user’s email account. On the other hand, businesses can now directly promote and approach potential clients on the platform.

The Problems

The users of the current social network structure are not installed. This has resulted in the spread of false notes and false payments, which occur due to lack of negligence among customers and ineffective advertising and marketing costs and advertising and marketing through agencies.

In addition, the profits from sophisticated social networking systems, particularly from mining information on their customers and no longer use clear monetary benefits for customers.

The Solutions

SocialChains verifies all customers through traditional verification techniques, through the use that requires the U.S. identity issued by us. We effectively provide a social environment in which all clients can be extraordinary when interacting with real people and businesses.

In cutting minimizes once again to join and use SocialChains.Io, customers get tokens, elements and earn a percentage in corporate profits, thus taking into account the distribution of social wealth created on the platform.

SOCIAL CHAINS AND BLOCKCHAIN

The blockchain technology has gained increasing popularity over the years. It has shown great promise not only in cryptocurrency exchange but also in almost every other sector of the economy because of its secure, reliable and tamper-proof way of recording transactions and exchange of data. Social chains is utilizing the blockchain technology in order to give users charge over their data and weed out middle men that make profits off users data.

KEY FEATURES OF SOCIAL CHAINS

Decentralized contact database management: Social chains will ensure that user’s databases are kept up to date by utilizing decentralized users resources.
Contact relationship application (CRA) built into system: this application will allow users communicate with their contacts using social chains platform.

Powerful social media features: users can import and display twitter feeds on their accounts with provisions for filtering keywords.

Full suite customer relationship management (CRM): Whenever users update their contact database, interaction is automatically created with the CRM and this provides tools for product advertisement.

How does Social Chain work? Who will benefit?

The platform is based on the "safe neighborhood" principle, which allows users, advisers, administrators and others to be sure of the reliability of accounts. Technically, Social Chains is an optional module protecting the existing networks.

Socialchains.io not only offers monetary value for user time but also rewards them for the value derived from their data and data generated through platform usage. Users get a share of the platforms profits creating a social economy for the platform's users.Social Chains users derive economic value from their data. Our platform deploys permission marketing in which verified users mention the products and services they are looking to buy.

Using blockchain to put users in charge of their data and do away with centralized intermediaries that profit from user data. Social Chains as a blockchain app empowers users to derive, drive and monetize their data.

The Socialchains.io product platform is ready and onboarding the users. Over the coming months, we will continue to invest in the platform and roll out enhanced capabilities in line with our revenue stream demands.

They focus on completing the permission-based Ad Platform and P2P E-Commerce.

Verification allows users to participate in public forums and feeds, contribute posts, add contacts, and eventually buy and sell goods and services on the platform. Socialchains.io is effectively a safe global online community.

The developers distinguish three tasks of the technology:

Reduce Fakeness is a reduction in the number of "fake" accounts created as copies or imitations of the accounts of real persons. The multi-step identification of a user can solve this problem - it is necessary to download a photo, add the full name, phone number, and e-mail. Such an approach complicates the registration of bots and massive copying of accounts and allows building automatic cleaning of the base from duplicates.

Social distribution of wealth related to user data is a tool for rewarding for the fair use of social networks. The participants of Social Chains are rewarded with the system tokens for the registration and communication on the platform. Intangible bonuses for usage of Social Chains is work and communication with a narrow range of reliable users. The participants on the network voluntarily provide contract data for the conduction of research of market or advertising campaigns.

Increase Marketing Effectiveness for SMBs. Newcomers and small companies usually invest considerable funds in advertising campaigns with a minimum guarantee of success. The base of real contacts provided by Social Chains requires less investment in the advertising campaign. Moreover, the users voluntarily share contacts, that is why they are not against advertising of new goods and services.

SocialChains Token Sale and ICO Details

SOCIAL CHAINS is a Texas Corporation and is releasing ERC20 token called SOCT using Ethereum smart contracts. The crowd sale has two rounds of Pre- ICO, and ICO. Public Ethereum is used to publish the tokens after the close of the sale.

Token Details

Token Name: Social Chains Token

Token Symbol: SOCT

Price: 1 USD

Supply: 50MM Initial Sale

Accepted Currencies - BTC, ETH, EUR, USD

Project Protocol - Ethereum

Token Distribution

ICO Timeline

TEAM

SRINI KATTA
FOUNDER, CHAIRMAN & CEO
Founder & CEO of iServiceGlobe
Founder & CEO of Mogo Labs
Expert in CRM, the Architecture of the Blockchain
MBA + MS, Osmania University

UBERT VAZ-NAYAK
MENDEKUT
Co-Founder & MD, Thrive Partners Consulting + Eclipse Networks
Created and wrote business plan for Convergys NYSE: CVG
Accenture (strategy), BearingPoint, Software, BMC, AT & T Wireless, Motorola
MBA, U. of Chicago BTech, IIT Delhi

ZANE EDWARDS
CMO
Serial entrepreneur, Investor and Advisor to Omnity, the Solution ITCO and iServiceGlobe
The Founder Of Maverick Ventures
Founder, MyITgroup
EVP, Solutions Cyber Qwest
MISS. a degree in Business Management from Golden Gate University.
B. A. from San Jose State University

ISSAC JAYARAJ
VP HR
Partners, Incustart
VP, HR, Schneider Electric
SVP, HR, Bank of America
Nortel, IBM, Unilevel, ITC, Taj
MPM, XLRI Jamshedpur

SANDEEP TYAGI
ADVISOR
Chairman & MD, Estee Capital
Adviser Sr., InterNext Captial
Members Of The Board, SpectraMedix
Member Of Board, Strand Genetics
VP, Service EXL
Partner, Mitchell Madison
MBA, Columbia U, BTech, IIT Delhi

For more information, please visit the links i have provided below;

Website: http://www.socialchains.io/

Whitepaper: https://socialchains.io/wp-content/uploads/2018/06/white-paper_june2018.pdf

ANN Thread: https://bitcointalk.org/index.php?topic=4482539.0

Facebook: https://www.facebook.com/SOCIALCHAINS/

Twitter: https://twitter.com/socialchainsio

Telegram: https://t.me/socialchains

Author: BrainerdPaul
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=1680409