onG-Coin, a blockchain-based social dashboard, similar a shot has a alive ICO running until September 12, or when it sells out. Challenging the condition quo similar other social media blockchain projects such every bit Steemit, onG-coin is simply exactly about other representative of how social media, similar many other industries, are prime number areas for disruption from blockchain technology.
The projection has been backed past times IBM since 2014, as well as the nurture companionship that owns onG-coin has a valuation of over $25 million, putting this ICO far ahead of others.
Also dissimilar other ICO's, onG.social, the production behind the onG-Coin is a alive product. Compared to other ICO's which are "based on real good thought out concepts that are seeking funding to examine their idea", onG-Coin's ICO is nigh taking "our proven production into the blockchain."
onG came into existence every bit a trend for users to postal service content gratis of corruption as well as censorship. On run past times of this, social media user data is beingness sold as well as profited from every bit well.
onG is aiming to fighting this, alongside a platform resistant to censorship as well as control, besides every bit incentivizing truth, as well as a organisation to vote downward propaganda as well as lies, every bit the whitepapers states. onG uses a "weighted compensation algorithm" called Gravity, which measures as well as rewards community verified truth as well as overall global touching on for each postal service made.
The dashboard at this instant currently allows users to teach by Facebook, Google+, as well as Linkedin social media accounts, but expansion into other accounts inwards the close hereafter seems probable every bit well.
All posts are mirrored onto onG ain feed, through what they are calling Content Mirror. This is to ensure inwards the instance their content is always taken down, in that place is a layer of redundancy as well as users tin nevertheless access it.
Speaking of redundancy, onG.coin volition hold out releasing on both Waves as well as Ethereum blockchains, adding non alone redundancy but farther stability as well as safety every bit well.
Tokens are sold at a charge per unit of measurement of $0.50 per coin, alongside a 10 per centum discount for investments betwixt $50,000 as well as $100,000. Investments over $100,000 get got a twenty per centum discount as well as a six-month vesting period. Anywhere betwixt 15-25 per centum of the full money provide volition hold out sold during this sale, but users tin examine out onG-Coin's features correct now.
Users are able to buy onG-coins now, thought the whitepaper, besides every bit examine out the alive beta of the onG.social dashboard.
The postal service onG-Coin Joins the Blockchain Disruption of Social Media appeared get-go on BTCMANAGER.
[
Telegram Channel |
Original Article: ]