Re: [ANN] [ICO September 1] ALIS - Japanese Social Media Network
We believe that the differences between our model and Steemit's model are substantive and important, even though both models support the notion that social media network's can benefit from direct incentives towards certain behaviors.
Some of the differences between ALIS and Steemit include: ALIS' 1 currency vs. Steemit's 3, ALIS' reward structure values the first people to like/share a post that ends up being very popular much moreso than Steemit's. The ALIS token is more effective on our network the longer the user has held it (to help prevent people from loading up on ALIS tokens to do astro-turf marketing). On ALIS one's overall activity contributes to creating a User Reliability Score that other users can look to and see who is regularly posting interesting, reliable, accurate and authentic content. ALIS also has a system that rewards interactions with multiple users over repeated interactions with the same user, to also help prevent gaming the system on the one hand, and to help encourage more diverse interactions on the network on the other hand.
Social media networks that aren't a good cultural fit for Japan tend to not work out. Currently, Japan has the highest saturation of social media users (over 90%) in the first world, but less than 30% of them use Facebook, because Facebook's model doesn't properly fit the Japanese culture. Most Japanese currently use Twitter (~70%), because 140 characters goes much farther with the Japanese language. Simply adding Japanese language support doesn't guarantee that a product will be successful in the Japanese market.
Japan has a very specific culture and very specific desires when it comes to things like social media, advertising, marketing, authenticity and accuracy. Our opinion is that ALIS addresses those concerns directly, effectively, and in a way that will be easy-to-understand and use for the average Japanese consumer, in no small part because the team is Japanese, experienced in creating social media products for the Japanese market, and familiar with effective ways to draw in the Japanese user.
Thank you for your time and consideration
Some of the differences between ALIS and Steemit include: ALIS' 1 currency vs. Steemit's 3, ALIS' reward structure values the first people to like/share a post that ends up being very popular much moreso than Steemit's. The ALIS token is more effective on our network the longer the user has held it (to help prevent people from loading up on ALIS tokens to do astro-turf marketing). On ALIS one's overall activity contributes to creating a User Reliability Score that other users can look to and see who is regularly posting interesting, reliable, accurate and authentic content. ALIS also has a system that rewards interactions with multiple users over repeated interactions with the same user, to also help prevent gaming the system on the one hand, and to help encourage more diverse interactions on the network on the other hand.
Social media networks that aren't a good cultural fit for Japan tend to not work out. Currently, Japan has the highest saturation of social media users (over 90%) in the first world, but less than 30% of them use Facebook, because Facebook's model doesn't properly fit the Japanese culture. Most Japanese currently use Twitter (~70%), because 140 characters goes much farther with the Japanese language. Simply adding Japanese language support doesn't guarantee that a product will be successful in the Japanese market.
Japan has a very specific culture and very specific desires when it comes to things like social media, advertising, marketing, authenticity and accuracy. Our opinion is that ALIS addresses those concerns directly, effectively, and in a way that will be easy-to-understand and use for the average Japanese consumer, in no small part because the team is Japanese, experienced in creating social media products for the Japanese market, and familiar with effective ways to draw in the Japanese user.
Thank you for your time and consideration