MONORETO
Monoreto is a social network that wants to reward users posters for their original content. This is a social network where users pay to like the posts that they really like and help boost the creators of original content and reward them in the process. Users who pay to give likes also move up in the feed.
Each like costs at least 5 cents in tokens. By giving likes you promote your account in the newsfeed (as well as by receiving likes), get a part of the platform’s profit and other benefits. Zero transaction costs and all the mechanisms to motivate liking mean a lot of use cases (direct profit without ads, crowdfunding, charity, online quizzes with cash prizes etc).
Monetization of Each day Use by Common Customers Monoreto will make communication even simpler and extra handy. Each Monoreto consumer will get fashionable social networking instruments:
Improved timeline of posts with photographs and movies
Feedback on posts to maintain in touch with followers
Tales operate, which permits for creation of photographs
and 10-second movies with overlaid textual content, emojis, and handwritten notes Reside broadcasts that give the chance to speak about vital issues with followers at any time However the supreme consumer interface is just not an important factor about Monoreto. Along with customary communication mechanisms, each Monoreto consumer will get the chance to earn cash for managing his private account. Posting high quality picture and video content material will enable customers to earn money rewards together with likes from followers and different individuals. Customers may also be capable of fee different content material with the assistance of likes if it will promote their accounts within the information feed. This may result in posts getting extra likes from the identical customers.
In contrast to most different social networks, Monoreto will see winners amongst not solely those that acquire recognition but in addition amongst those that are sincerely able to help authors of high quality content material.
monetizing likes turns into doable, this downside will turn into extra critical as a result of:
The rightsholder may not get income from his personal product
There's a chance that a consumer who needs to help a inventive particular person he likes will find yourself coping with a scammer, be dissatisfied, and chorus from supporting others sooner or later
With the intention to resolve this downside, the Monoreto crew will develop an automatic mechanism to verify content material uniqueness when it's uploaded to the social community.
The Monoreto crew is creating the world’s first beneficiant social community for each consumer on the planet.
Problem and Solution
The majority of social networks have an exclusively one-sided type of user interaction:
If a user likes something, it is free support for the author who doesn’t have reverse feedback.
If the author is famous, desire to further promote the author is reduced because of the volume of likes that have already been received.
When 1 like = 5 cents in tokens, this problem becomes greater since real money that the user will have to part with is being deducted.
To solve this problem, a team of experienced Monoreto specialists decided to base their product on a simple and understandable mechanism to promote giving likes. The main point is that both content creators and users get benefits. The more likes the user gives, the higher his own rating on the user chart becomes. A low cost for likes allows people to do what they “like” and also gives them something to compensate for the fact that they are transferring money to do so.
Another serious problem faced by social media content users is the high number of advertisement posts. Young audiences strive to search out information on their own and are thereby annoyed by excessive advertising.
To solve this problem the Monoreto network will help talented authors break free from dependence on advertising. If content popularity is sufficiently high, authors will get a large number of monetized likes. This will promote relations between content makers and followers and increase audience loyalty as a result of the reduction in annoyingadvertisement posts.
When monetizing likes becomes possible, this problem will become more serious because:
The rightsholder might not get revenue from his own product.
There is a possibility that a user who wants to support a creative person he likes will end up dealing with a scammer, be disappointed, and refrain from supporting others in the future.
In order to solve this problem, the Monoreto team will develop an automated mechanism to check content uniqueness when it is uploaded to the social network.
Platform. Monoreto is a social network that:
Gives every user the opportunity to earn from posting photos and videos
Increases the significance and value of likes and improves the overall quality of content
Reduces the need for blogger ads as a monetization method
Makes fake likes and bots unprofitable
Project Ideology
Each of these user categories needs to have several important psychological and economic attributes:
Creative fulfillment
Compassion
Recognition of talent and professional skills
Earning income
Statistics shows that the two most popular social networks in the world are Facebook and Instagram.
The comScore portal reveals that users visit their Facebook pages eight times a day on average. Moving along the statistics, we see that, on average, Instagram is checked six times, Twitter is checked five times, and Facebook Messenger is checked three times. Data from the Social Media Marketing Industry Report 2018 indicates that Facebook and Instagram are the main social platforms used by businesses and demonstrated positive dynamics in 2017 compared to 2016.
Monoreto will make communication even easier and more convenient. Every Monoreto user will get modern social networking tools:
Improved timeline of posts with photos and videos.
Comments on posts to keep in contact with followers • Stories function, which allows for creation of photos and 10-second videos with overlaid text, emojis, and handwritten notes.
Live broadcasts that give the opportunity to talk about important things with followers at any time.
Why Monoreto Different With Other Social Network?
Every Monoreto user will get the opportunity to earn money for managing his personal account. Posting quality photo and video content will allow users to earn cash rewards along with likes from followers and other people. Users will also be able to rate other content with the help of likes if this will promote their accounts in the newsfeed. This will lead to posts getting more likes from the same users. Unlike most other social networks, Monoreto will see winners among not only those who gain popularity but also among those who are sincerely ready to support authors of quality content.
Development Plan for the Platform
A bonus for the first 500,000 users of Monoreto in the amount of 23% of the total pool of MON tokens is planned as part of the initial launch of the social network in order to stimulate development of the platform. Our team will continue improving mechanisms used for direct advertising and the smart feed where direct marketing is developed. This part of the platform is oriented towards working with large suppliers of advertising services. After the initial market is created, continued marketing efforts will be directed at a steady increase in the number of participants in the ecosystem.
Fundraising Campaign and Token Distribution Fundraising Campaign Plan The Monoreto development team is currently working on the platform and preparing a fundraising campaign. The MNR app token will be released under the ERC-20 standard with limited release in order to hold the fundraising campaign. Distribution of tokens will be done by a smart contract. Raised funds will be used to launch the platform and to develop it further, to finance advertising and marketing, and to regulate the platform’s operation.
The distribution campaign for MNR ERC-20 tokens (pre-ICO) is scheduled to start on 10 May 2018 and continue to 10 June 2018. MNR tokens available during the pre-ICO period will be distributed no later than 1 month after the crowdfunding campaign begins or until the pre-ICO hard cap is reached. The campaign’s launch date will be posted on the monoreto.com website, on social networks, and on other channels.
Pre-ICO Soft Cap: $200,000 Pre-ICO Hard Cap: $800,000 During the pre-ICO, distribution of 6% of tokens with a 50% discount from the ICO price excluding ICO discounts (2.5 cents) is planned. If the pre-ICO soft cap isn’t reached, all funds raised will be returned. If the soft cap is reached, an ICO will be held and is scheduled to take place from 15 August 2018 to 30 September 2018. ICO Soft Cap: $1,000,000 ICO Hard Cap: $15,000,000 57% of tokens are planned to be distributed during the ICO with discounts depending on when the tokens are purchased. If the ICO soft cap is not reached, all funds collected during the ICO will be returned.
Token Details
Token Ticket MNR
Pre-ICO start and finish dates 10 May 2018 – 10 June 2018
ICO start and finish dates 15 August 2018 – 30 September 2018
Token Supply No more than the hard cap
Our token MNR
MNR is ERC20-compliant app token with limited emission. Each Like promotes your account in the news feed along with popular ones. Besides, you can pay by MNR for advertising on the platform. The possibility of convertation of MNR to internal tokens MON in equal proportions after the launch of the platform is under consideration.
Distribution of Tokens and Collected Funds
Token Distribution
• 23% to initial platform users
• 11% remains the company’s share
• 3% used for bounty prizes
The smart contract mechanism allows indicated proportions to be maintained including in the case that less money is collected during the crowdsale than is planned. Accordingly, there won’t be an increase in the team’s share if this happens.
Distribution of collected funds after the Token Sale:
• 50% for development of the Monoreto platform
• 25% for marketing and advertising applications
• 15% for future development of the Monoreto platform
• 10% in expenditure on legal regulations
• 63% to crowdsale participants
Roadmap
FURTHER INFORMATION
Website: http://monoreto.com/
Whitepaper: http://monoreto.com/resources/Monoreto_WP_ENG.pdf
Telegram: https://t.me/monoreto
Facebook: https://www.facebook.com/monoreto/
Twitter: https://twitter.com/MonoretoSocial
My profile:https://bitcointalk.org/index.php?action=profile;u=2071847
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