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| Hiveway Social Network |
Human interaction and communication has been made simpler in the past decade through the emergence of social media and networking platforms. However, not all these platforms utilize to the maximum this technology. Some even sell details(emails) of members to phishing sites.
Hiveway is a new decentralized self-governed social network that is also built on Blockchain technology to fully utilize the social media technology.
"The Hiveway social network is to become a direct democratic social network, running fully autonomously". Running as a democratic platform, users will be entitled to the opportunity to rule the platform through an electoral system where users will have the right to vote on the development of the platform. With this, competent users can vie for the positions on the platform in terms of managing it.
The platform will feature the ability to post, share, and interact with messages, photos, and videos.
Amidst the tremendous growth seen by the social network industry, there exist some gaps which need to be bridged.
Many social network platform sell the attention and details of members to third parties for their own benefits - many sell the numbers to marketers to run series of advertisement neglecting the payment of users for their participation to the build up of the network.
As is stands now no single social network fully allow the participation of users in vying for positions to help run the platform.
Hiveway intends to address the market problem in a well structured way through its democratic and electoral system model where members are given the right to vote and vie for various positions on the platform based on their competent level.
Also, privacy and confidentiality on the part of users' personal data will be of utmost priority. Since it is a decentralized platform there will be no interference from central governance authority.
- Security and Decentralization: Be a master of your own details and data on the platform as the power is given to you through the decentralized nature of it. Data of users will be secured on various network nodes and run by miners.However, they will not gain access to any data of users. Good security and confidentiality will form the backbone of Hiveway social network platform.
- Counterfeit Check Mechanisms: Hiveway intends to protect its genuine users from impostors and malicious users by ensuring the Anti-counterfeit Mechanism. This mechanism will ensure that pictures, alias similarities algorithm, behaviour and profiles are genuine.
- Fair Marketing: This aspect focuses on compensating ads viewers with the WAY Token. Users will be able to build ads for targeted audience. If an audience opts to see an ads each time it shows up, an amount of WAY tokens will be transferred automatically to the audience platform wallet. With this strategy, ads will reach their intended audience and in the end create a fair market.
- Full Autonomy: Every community needs a governance structure in order to manage it well. Here, a virtual company management structure is built with functional skill-based positions where all users can vie for positions in this company. With this, the governance system of the Hiveway social network will be performed by the community - a true definition of democratic system at play in social network.
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| ROADMAP |
The WAY Token, an ERC20 based, will serve as the primary facilitator to run the Hiveway social network platform.
ICO will run for maximum duration of two months, operating on the principle of first come, first to be served. 400 million WAY Tokens will be created with all unsold tokens burnt. Accepted currencies will be ETH and BTC.
Initial price of 1WAY = 0.000125ETH
PRE-SALE
This will happen in March, 2018 with a bonus of 30%. Minimum purchase of 0.1ETH is allowed.
CROWDSALE
The main ICO is set to start on April, 2018 with the WAY tokens being sold at different rates.
- Week 1&2: This comes with a 20% bonus on Token purchased (9600 WAY tokens for 1ETH).
- Week 3 comes with 10% bonus (8800 WAY tokens for 1ETH).
- Week 4 comes with 0% bonus ( 8000 WAY tokens for 1ETH).
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| TOKEN ALLOCATION |
Join the early bird catch sales now and get to hold the new decentralized WAY tokens.
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Authorship:
Forum Username: Reality18
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