What is SocialSend
Its a currency that can be easily sent across various social media platforms like facebook,
twitter, youtube and google+ among others. Its extremely fast with near zero transaction fees.
The key feature is that it's easy to use and no prior setup is needed for someone receiving a
transaction. That is the most important part; which is someone can receive a payment having
never heard of cryptocurrency and with no prior setup (i.e. wallets) and still be able to spend the
money. The person receiving the payment will have the ability to open up PayPal and turn that
cryptocurrency into their local FIAT currency.
The project is 90% done and currently being tested. The code is written and we are now
working on integrating different features into the platform such as the PayPal integration. We
are also working on an E commerce integration so that stores can receive payment easily in
cryptocurrency. Also of important note is that this is a platform and can work with multiple
currencies.
The unique technology that makes all this work is the platform and not our currency. Almost any
cryptocurrency can be used on the platform. This means that this platform can be licensed to
other currencies so that when someone goes to use the platform they could choose from a
variety of cryptocurrencies. This also means that SocialSend will have a significant revenue
stream from licensing out the platform so that other currencies can expand into social media by
paying a fee. This opens up the whole cryptocurrency universe to being able to easily send their
currencies across social media. This isnt just about our currency, but it's about opening up all of
social media to all of the cryptocurrencies.