Post
Topic
Board Altcoin Discussion
Re: best ICO in these days ?
by
SecretAgent000
on 24/09/2017, 05:39:46 UTC
i want to invest in ico. but many ICO in market i can not decide best ico
in these days plz send me best ICO name.


How about SocialX (link: socialx.network).

It is a steam-inspired social network with upvoting. Intended for: messaging, money transfer, pictures, videos and live streaming... Zero Knowledge Proof technology will be implemented for privacy. Debit card, e-commerce etc. is planned too. It is to be something like a decentralized and fully private Instagram on blockchain with additional features. Their token will be the only token supported on platform. Also, it will be designed so that an increasing number of users means decreased amount in circulation as every new user receives some locked and untransferable tokens.

Roadmap: socialx.network/roadmap. As it can be seen in the roadmap, alpha will be out this month.
ICO will start soon after - early October. ICO will probably last for only 7 days. 50% bonus for contributions in first 1 hour.

Project team is available every day on their slack if anyone wishes to ask some questions.

Their slack: https://socialxnet.herokuapp.com/
Twitter: https://twitter.com/SocialXnet
Bounties: https://socialx.network/bounty-campaign-socialx/

All of these social network related projects forget one EXTREMELY IMPORTANT FACTOR:

Network Effect

People are not going to leave their 300 friends on Facebook to go to another social network app.

SocialX lists 10 points that traditional social networks lack.  Read them.  Would you leave your friends on Facebook for any of those points?  Ask 10 of your friends if they would.  None of those points are serious pain points for any Facebook user.



I've read them. I've also read their whitepaper (https://socialx.network/whitepaper/). I understand what SocialX is doing and what they're trying to build. Also, I believe I understand fairly well this current reality of centralized social networks.

I disagree with you that "None of those points are serious pain points for any Facebook user." I think you didn't investigate the project deep enough.

I'll just concentrate on one point (No.8 "Reward the community with SocialX tokens").

How about you ask 10 of your friends would they move to another social network if somebody would guarantee them to be paid coupons (tokens) exchangeable for real money for the likes they get for their content. They could even like each others content and get paid for it (10 superlikes per person per period - probably per day). And all that money wouldn't come from their pocket, but from one giant pool full of cash that gets filled in by transaction fees, advertisers etc. Maybe try telling them this way: Tell them what if most of that money that facebook earns from them and that made Zuckerberg so rich - how about most of it being split to all users depending on the popularity and quality of their content. Tell them what if they would get an opportunity to get on such social network and they can get to join early and have a lot of time and little competition to build their popularity. That's like getting a profile of Kardashians that would be paid for every - in this case superliked - post, like Kardashians get paid for theirs. They just need to build their friends list and popularity up - and they get paid along the way. And, more popular any post they make - more $. And all that with no government censorship, latest and best privacy standards etc.

And they don't have to pay anything ever to get and keep that account indefinitely.

I think a lot of them would want to switch and even "aggressively" ask their friends to switch because that would get them more superlikes (more money).

I believe it's all marketing this SocialX project and they'll get money from ICO - because the sound foundations to build upon, the substance is there. And, the team already has experience in building a successful business. Good enough for me.

Also, one small detail from their whitepaper: "SocialX is ready with all the documentation to be listed on exchanges. Currently, we’re in conversation with a few exchanges, working through the details; we intend to be listed on at least one major exchange shortly after the start of the ICO.
○ Binance
○ Bittrex
○ Bter
○ Poloniex
○ BTC38
○ Jubi
○ Yunbi
○ Others"

You, of course, will do what you believe is the best for you. Maybe you see some other crypto project more promising and maybe it turns out to be so. As for me, I already decided to join. I'm also participating in the ICO.