Innovative Social Network Monoreto Launches Pre-ICO
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On May 10, 2018, Monoreto's new pre-ICO social network began. The project introduces blockchain, which will help social network users to monetize their content and their interactions with each other. This social network can disrupt the media landscape: each user will be rewarded, and the influencer will get more opportunities for development.
While users create content and share their valuable data, they do not receive revenue and even become objects of manipulation. They lose important and interesting information from their friends in their feeds. Instead, they find advertisements and postings that are brand-sponsored. Popular authors also promote goods and services explicitly or in hidden ways. A survey conducted by Harris Insights & Analytics (Harris Poll) shows that in the 16-19 and 20-39 age groups, 74% of people do not want to see messages from brands in their newsfeeds. More than half (56%) of users become less active in social networks or services that are completely abandoned due to excessive advertising.
The social media crisis is very clear: users are disappointed because they do not get what they want, content writers do not receive fair prizes, and advertisers pay for annoying ads, which are not for sale. Monoreto, the next generation social network, introduces innovative solutions. Blockchain technology will help maintain user interaction process. Social networking tokens will allow transparent and open transactions, tied to regular actions on social networks.
First, the project developers care about the author of high quality content. Posting good photos and video content will allow users to get cash prizes along with the likes of followers and others. With one such a writer will receive a gift in a token equal to 5 cents (or more, if a user sees and likes the desired content). Monoreto will help bloggers become independent from advertisers, because popularity is something that will also generate a large number of monetized likes. Monoreto also helps foster relationships between bloggers and customers with less annoying ads in mail and more loyal audiences. In addition, the platform will implement content verification tools to identify unique content and reward authors rather than pirates.
Active users are the most important element of social networking: they distribute the most interesting publications, provide informative and meaningful comments, their opinions are important to the author. Users will be able to rate other content with likes and this will promote their account in news feeds. In addition, social networking offers special bonus programs for top donors, contests, online video competitions with prize money, and other mechanisms to make desires profitable. As a result, users can show their support to authors and projects, and benefit themselves.
There are unique advantages to advertisers. Monoreto makes it possible to distribute ad content in the natural environment of social networks and affect its popularity. In Monoreto, not only the most preferred accounts get up, but also the user accounts that support interesting projects (top donors). By liking quality content from other users, the business account itself rises up on Monoreto's smart feed and informs potential customers through their content. A business owner thus gets a real return on advertising investment and his money will eventually go to his favorite photographer, blogger, actor, or even other business he decides to support instead of to some advertising broker.
To start a crowdfunding campaign, the team launched the MNR application token under the ERC-20 standard with limited release. Token distribution will be done by smart contract. Funds collected will be used to launch the platform and to further develop it, as well as to finance advertising and marketing, and to maintain platform operations. The distribution campaign for MNR ERC-20 pre-ICO tokens begins on May 10, 2018 and continues until June 10, 2018. During pre-ICO, 6% of tokens will be sold at a 50% discount from ICO prices excluding ICO discounts (2.5 cents) .
Social communication is the foundation of human society. Unlike other platforms, at Monoreto we believe that anyone from ordinary users to influencers can benefit directly from social activities.
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