SocialX

What is SocialX?

SocialX is a blockchain database that supports community development and social interaction with cryptococcal awards. SocialX combines the concepts of social media with lessons from building crypto and their community.

SocialX is the first decentralized photo and video app that will keep your JEMAH LIVES safely in one app. With SocialX it is not necessary to post your photos & videos on a centralized platform like Facebook or Instagram.

Connect with your friends via encrypted messenger and currency exchange

SocialX is more than just a messenger. You can send smart payments and contracts to friends from within chats while enjoying the default encrypted messaging service, using a peer-to-peer protocol that does not rely on centralized servers. SocialX will provide the most secure and most reliable chat app.

Be part of revolutionary technology.

When you participate in SocialX ICO, you will not only be part of a revolutionary platform that gives real value to creators, but will also be an early adopter of a decentralized economic movement. Contributors will receive a SocialX Token, which can be traded on the main exchange and may generate profits for the owner.

SocialX is more than a messenger. You can send payments and smart contracts to friends from within chats while enjoying the default encrypted messaging service, using a peer-to-peer protocol that doesn’t rely on centralized servers. SocialX will provide the safest and most reliable chat application available.

Earn money with your photos through an AWESOME Community

You share great content and the community rewards you for that. We believe great content should be appreciated even with a small number of followers. Our Upvoting System recognises the value of your photos and videos, and rewards you with cryptocurrency.

Advanced Referral System to grow our Community

A constantly growing user base is the key to a successful social network. We think our USP will attract photo & video-lovers easily, but we will include a paid referral system to incentivise your friends & family to join SocialX.

Opportunity

SocialX is an opportunity to express yourself without limitations to interact with your friends,family, and others who share similar interests. For those who have not familiar with the technology: blockchain will allow individuals to utilize a decentralized network to store images, videos, and data on a trustless service in which nobody can view, thus maintaining the privacy you need it will also allow the exchange of cryptocurrencies and other FIAT currencies.

We also believe great developers are key as our platform can grow exponentially, together with developers, improving the value for our users on a daily basis. Soon we will publish how developers can interact with the community inside our platform.
SocialX is a great opportunity to be an early adopter, to learn alongside as it grows; there’s even a great opportunity to build a business within the network through licensing and data distribution.

The user was at the forefront of our mind throughout the SocialX creation process. What can they benefit from the most? Our conclusion: freedom and self-governance. Size​ ​of​ ​the​ ​Market the long-term market we are aiming for is :

• SNS (Social Network Sites): 11.325 billion active social network users by January 2017
• Stock licenses for still photos and videos: an estimated 2.3 billion US $ (the global still
• image market will exceed 4 billion US $ by 2020.)
• Social Network Ad Spending: 25.98 billion US $
• Influencer marketing 1.07 billion US $ now which will reach 2.38 billion US $ by 2019

Market​ ​Analysis :​ ​User

Market​ ​Analysis:​ ​Social​ ​Network​ ​Advertising

Market​ ​Analysis:​ ​Influencer​ ​Marketing

Advantage​ ​Matrix

SocialX​ ​Advantage-Earning​ ​Matrix

Ecosystem / Technology

Blockchain

Blockchain makes it possible to record ownership publicly on a distributed ledger. That’s why we decided to use this technology for the foundation of the SocialX platform. We will use blockchain technology for our reward mechanism and to decentralize our social network as much as we possibly can.

We decided to use Ethereum for the generation of our tokens, the SOCX. Why? Well, we did this because ERC-20 tokens are easy to store and trade, and because of the added smart contract functionality and increased adoption rates of ERC-20 tokens at major exchanges.

Tech​ ​Stack the SocialX ecosystem will be built on the best technologies for production - we believe in choosing the best tech stack available at moment. Most of the blockchain technology is still in an early stage, but some is production ready and some will be production ready over the next 12 months. Regardless, each individual project will be monitored closely.

Speed and performance is important for users so, we have to use a hybrid solution which will combine the fastest client server architecture with the newest blockchain technology. We want users to have an ecosystem solution they will love for the many benefits we described.Nevertheless, the ultimate long-term goal is to have a fully decentralized app on the blockchain, going from hybrid to 100% decentralized over a period of 6-12 months.

roadmap

We divided our roadmaps into three parts :

• First, development will show the technical development of SocialX.
• Second, our marketing as we believe good branding and smart marketing activities are essential for a start-up.
• Third, we want to develop our business further; we believe in the importance of good
• business development in terms of networking and business partnerships with the best of the best in the industry.

Details Information:

Web: https://socialx.network

Whitepaper: https://socialx.network/whitepaper/

Facebook: https://www.facebook.com/socialxnet

Twitter: https://twitter.com/socialxnet

Bitcointalk ANN THREAD: https://bitcointalk.org/index.php?topic=2062117.0

By RyanEncek

https://bitcointalk.org/index.php?action=profile;u=1076774