MONORETO – A NEW GENERATION SOCIAL NETWORK WITH MONETIZATION OF LIKES

sampel (26)in #blockchain • 6 years ago

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).

A lot of mechanisms to motivate giving likes and spend tokens are the main innovation of Monoreto:

When you put likes you also promote your own account in the newsfeed (along with accounts that receive many likes)
If you put many likes you can get a part of Monoreto’s weekly profit
If you can transfer tokens with a “like” it is much easier to raise funds for businesses. Monoreto is a Kickstarter with zero transaction costs. When you see a great project and tap like button you can get some benefits from it (i.e. being among the first who get the product, visiting this project events as VIP or whatever else)
Same goes with charity. People do want to help each other. But if it is not too much time-consuming and difficult. In Monoreto one like can help people and even save a life
By liking photos, you participate in forecast competitions. Like photos with a certain hashtag or from a certain category, and if they get the majority of votes (likes) you win and get prizes
Monoreto makes it possible to hold online quizzes just like in HQ Trivia. The main distinction, in Monoreto there is no need for ads. So, a winner’s pot in Monoreto online quizzes can be made from small users’ contributions (1-5 cents or more)
In this way, Monoreto goes further than existing platforms with monetization of likes. The team creates a social network that will make the process of transferring funds as easy and profitable as possible. That is why the number of Monoreto’s use cases is limited only by our.

Problem & Solution

To solve this problem, the specialist team has developed an innovative Monoreto platform. Monoreto is a social network that:
Reduce the need for blogger advertising as a method of monetization
• Increase the significance and value of likes and improve overall quality content
• Give each user a chance to earn from posting photos and videos
• Making fakes and bots unprofitable

Monoreto is a social network

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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
Overview of Social Networking (Facebook and Instagram)
Statistics shows that the two most popular social networks in the world are Facebook and Instagram.

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.

Monetization of Daily Use by Regular Users

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.
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.

Use Cases
-Blog and earn
The price of a Like in MON tokens is tied to the equivalent in US dollars — 5 cents.
-Like and become popular
Like more and get into the Monoreto Top.
-Raise funds for your start-up
Like monetization allows to raise funds and invest.

Benefits
Monoreto will make communication even easier and more convenient
It also will help bloggers free themselves from dependence on advertising since popularity is something that will also result from a large number of monetized likes.
Monoreto allows for distribution of advertising content in a natural environment on the social network and influences its popularity

The Monoreto social network will offer fast and user-friendly attraction of funds for companies through the monetization of likes. Monoreto will help transform investment from a complex and bureaucratic process to the simplicity of just liking a post.

Monoreto will provide these quizzes without advertisements and create a winners’ pot from user contributions.
It will provide additional expansion of functionality.
It Avoids Raising Funds for Charity.
Monoreto opens unlimited opportunities for financing as well as for users to become famous and be in contact with celebrities.

Our token

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. Link to our: GitHub.

Token Ticket

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

Distribution of Tokens and Collected Funds:

Token Distribution:

23% to initial platform users
11% remains the company’s share
3% used for bounty prizes
63% to crowdsale participants
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
Roadmap