Howdoo
Introduction
Hi dears, another interesting project is being started. First of all, for who missed previous entry, what's a cryptocurrency? To be fast and concise, it is a digital medium of exchange. And the next question would be... What's your use? It is also easy to guarantee the security, integrity and balance of your financial statements by means of a network of agents (segmented file transfer or multisource file transfer) that verify (untrust) each other called miners, which are, for the most part, general public and actively protect the network (the web) by maintaining a high rate of algorithm processing, in order to have the opportunity to receive a small tip, which is distributed randomly.
All this racket of cryptomoney has been increasing exponentially, however, most people know nothing about how blockchain technology works, what a smart contract is and how it could be used. For this very reason, I will first of all carefully introduce this type of block chain technology.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
After this brief introduction to the broad topic of Blockchain and Smart Contracts, we can already see that this technology opens many doors to new decentralized businesses and eliminates the need for expensive third parties. Many new companies are now working on this technology, and large companies are testing it in closed networks to collaborate directly with each other without the need for intermediaries. For that reason, there is a lot of projects that are starting to use this new technology. However, not all of them are worth it. We have to read well what each project is dedicated to, what is its whitepaper, its qualified advisors, etc. As I said, blockchain technology has gained popularity due to the hype about cryptocurrencies which has shaken many startups to launch their own cryptocurrencies even without convincing fundamentals. This trend has emerged because new entrants have been more agile in adopting emerging technologies compared to incumbents who are hampered by legacy systems. However, this competitiveness and this advantage enjoyed by the new players may be short-lived, as no economies of scale are taken into account.
For this reason, the project I am going to present you is the Howdoo, a messaging and social media platform for the current generation, which inspires a social commitment of greater cultural confidence, more rewarding and more oriented empowerment.
Presentation
As I said before, Howdoo (uDoo) (https://howdoo.io) a decentralized social platform designed to stimulate greater trust, openness and transparency, for users, creators of content and communities that form the true value of any social network in order to generate engagement.
Goals
The main objective of Howdoo is to help users who wish to start a small business to remove any barriers to entry and to facilitate the creation of interest by fostering relationships with a community of users, while providing them with a means to exchange goods and transfer money. Howdoo is basically looking to give users access to a broad market of digital assets and services.
To do that, Howdoo uses chain blocking technology to block the masses and, as such, we want to build on an ecosystem that has already demonstrated that it is reaching a critical mass, and that has developed trust within the blocking chain community. This will allow Howdoo users to reap the full benefits of this decentralized technology.
Benefits
As you can see in the image above, the most important benefits that Howdoo provides are:
- Give users complete control over their personal data
- Inspire content and brainstorming to help creators
- Give them the ability to maintain ownership of their assets through all the channels of third parties
- The choice of whether or not to monetize this knowledge
- Provide the means to measure the trust and reputation of the information sources, and the opportunity to receive a fair return for their efforts
Besides, not only give advertisers the opportunity to participate with willing audiences, but also to encourage all influencers in a simple and convenient way.
Furthermore, the uDoo wallet offers advantages for the user experience, such as the option to select the amounts of the transfer in a currency that has a real value in the world for the payer and the beneficiary, a reduction of the cognitive load of performing mentally Exchange rate calculations when making purchases or transactions and also, sellers can avoid the need to regularly update their prices as the value of μDoo changes over time.
Roadmap
Airdrop
The project gives the opportunity to earn Howdoo (uDoo) performing some social media tasks and doing simple steps from the bounty program explained into bitcointalk. Here (https://bitcointalk.org/index.php?topic=3294793.0) you can access to the link in order to see what are the conditions to become an early uDoo contributor and start acquiring tokens.
Doesn't that sound interesting? If you are interested in this airdrop or basically in the ICO, you can read their Whitepaper here (https://howdoo.io/wp-content/uploads/2018/04/howdoowhitepaper.pdf). You can also stay tuned in their official Telegram group (HowdooHQ). I hope you liked the post and soon I'll send you new ones.
Extra details
Token: uDoo
Platform: Ethereum
Type: ERC-20
PreICO price: 1 uDoo = 0.08 USD
Price in ICO: 1 ETH = 6,425 uDoo
Presale bonus: 50 %
Tokens for sale: 311,111,110
Telegram username: @clauming
Bitcointalk username: adriaparcerisas
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1870482
Ethereum address: 0xC6AB45541006D53D31E25b41c7d245c5Ad99BF71