Howdoo ICO Review - One of the best social media ICO's for 2018

durgeshg (41)in #bitcoin • 6 years ago

Today, I will be talking about Howdoo Project which is will be in presales phase from 2 MAY 2018 to 2 JUN 2018.

Below are some of the statastics of the project as of today, i.e. April 17th , 2018

Before we discuss about Howdoo project, lets take few minutes and discuss about some of the data privacy issues Facebook has been having recently. Facebook's chief executive Mark Zuckerberg appeared before the Senate's Commerce and Judiciary committees Tuesday (April 10th, 2018) to discuss data privacy and Russian disinformation on his social network. Below are some of the questions thrown at him :

1. SENATOR GRASSLEY :

2. SENATOR NELSON :

3. SENATOR CANTWELL :

4. SENATOR CORNYN :

5. SENATOR LEE :

6. SENATOR BRIAN SCHATZ (D-HAWAII) :

7. SENATOR SCHATZ :

The rest of the transcript can be found on : https://www.washingtonpost.com/news/the-switch/wp/2018/04/10/transcript-of-mark-zuckerbergs-senate-hearing/?noredirect=on&utm_term=.49f5d5f237a0

Now, that we have covered Facebook issue, lets us understand below how the next generation social media and communications application would look like. Let me introduce Howdoo with an official YouTube video

You Tube Video: Introduction to Howdoo (3 mins, 51 seconds)

As you probably understood from the above video, social media space is due for a change and Howdoo is the revolutionary new messaging and social media platform which will offer the control back to the users of the app in a completely decentralized manner. It will be a platform that will give people full control of their personal data in terms of what they want to share and with whom. The users will also be incentivized for the participation. The value generated will flow freely across the network, and their will be a community driven type moderation feature available as well. Now, if you study the above statements carefully, it is completely opposite of what the current centralized version of Facebook is:

On the Facebook platform, Facebook has the control ; On Howdoos platform, users have the control.
Facebook is centralized ; Howdoo is decentralized
Facebook moderates the platform ; the users moderates Howdoos platform.
etc etc

ICO Experts have been studying this project, and have claimed that this is probably the best social media ICO of 2018.

Also, it is important to note that Brett King is the advisor to Howdoo. A big deal ? A very Big deal infact ! Who is Brett King ? Brett King (born April 24, 1968 in Melbourne, Australia) is an Australian futurist, international best-selling author, and co-founder and CEO of Moven, a New York-based mobile banking startup. He is widely regarded as one of the top influencers in financial services globally. Below is what Brett King thinks about the future of social media

Well, I think Brett king is right, and social media will play a big role in years to come and we will need to help create a product which gives the control back to the users - 1)- users can decide to monetize their data ; 2)- users get rewarded for their content creating ; and much more while allowing mass communication and interaction in the social media space. Howdoo has developed the capability that will fundamentally change the very concept of social media, and probably give Facebook a run for its money since advertisers would prefer to move from a Centralized Facebook to a decentralized platform in order to save money and hit the target audience.

Howdoo will introduce a cryptographic token called µDoo as the vehicle for transferring value between users, advertisers, and operators of the Howdoo network. As a result, the µDoo will be the token that enables the entire Howdoo network to function. µDoo will be implemented on the public Ethereum blockchain as an ERC20 token. Examples of how µDoo will be integral to the Howdoo network include:

Proof of contribution (POC) and Proof of Trust (POT) – where µDoo tokens reflect the participation of individual users, and their share of all advertising rebates.
The currency for advertising on Howdoo – with advertisers required to own µDoo for funding their campaign activity
Advertising rebates – where µDoo is the mechanism for rewarding both users for engaging with featured content, and content creators for the traffic they generate
Participation on the AdAuction platform – where advertisers will use µDoo to bid for access to specific audiences and communities
Empowering our network sellers – and providing a form of value exchange to stimulate activity in the e-shops that will open on Howdoo
Professional introductions – and enabling individuals with a high POC to set their ‘engagement fee’ in µDoos, which has to be met by anybody wanting to make contact with them – via the Howdrop messaging function
Rewarding network operators – who will earn µDoo through the technical and financial services they provide to the network’s users

The fundamental principle behind the Howdoo ecosystem is that all participants should be financially motivated to behave responsibly and share value with each other. The ecosystem itself consists of users, content creators, sellers, advertisers and 3rd party developers – all connecting and transacting with each other through a network of decentralized communities powered by Howdoo node operators and tellers. Over time, and as the network matures, the team plans to allow and incentivize third party developers to provide additional services that complement the core offering

Last but not the least, token sales begins in next 2 weeks.. Keep an eye on this one.