onG.social, Manage and Monetize Your Social Media and Donate to Charities Too
First released in 2014, onG.social is a social media dashboard where users can control and cash in on social media.
The company was founded by Christopher Kramer and his company OneName Global.
According to onG.social it solves two problems.
First, users spend too much time on multiple social media sites with little reward. onG.social makes it easier for user to consume, create, manage and monetize their social media.
The second is the problem advertisers face have their site ad blocked. Social media sites are the second most popular sites to be blocked after gaming. onG.social gives users control over the ad zones on their dashboard and found during beta 99% of users kept ad blockers off so they could participate in the system.
Below is a good visual of how it works.
Plus, on the platform you can designate a percentage of your earnings to go to a charity of your choice. So this is a social media project with a social cause.
onG.social is having a token sale starting September 12.
The onG coin Is the network token that represents the most valuable cryptocurrency reward for participation. The onG Coin will have a finite limit, and will be distributed as network rewards 17 for the next 20 years. Once the 20 year distribution has reached its final distribution, the oracle will continue to use G-Fuel and G-Bucks to pay out rewards.
There will be a total of 300 million onG coins with 70 million distributed in the token sale. 150 million will be included in the distribution oracle for distribution of the next 20 years. 50 million are reserved for future advertisers. And the remaining 30 million are held in reserve with OneName Global to be distributed to founders and employees.
You’ll be able to purchase the token on both Ethereum and Waves.
Learn more about onG.social and view the white paper here.
And for more nitty gritty on how onG.social works check here.
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Interesting, I will have to check into this one and see if it has legs.
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