Introduction to the Social wallet
By combining social media and the blockchain it gives rise to Social Wallet, an original and simple to use platform focused around the idea of enabling its users to send and receive cryptocurrency over existing social media networks. Simple, quick, and secure are central principles of the Social Wallet platform. Less than 1% of the 2 billion active social media users know about cryptocurrency. Social Wallet is empowering many new users, and businesses as well, with the limitless potential of the blockchain and cryptocurrency in an effort to teach these 2 billion social media users about the power of blockchain technology.
Social Wallet is a first of its kind platform designed to enable cryptocurrency to be sent easily, quickly, and securely over today’s existing social network infrastructure. No prior setup is needed by the recipient, nor any advanced knowledge of the transaction itself. Social Wallet allows individuals to send cryptocurrency directly on the platform, through Facebook, Twitter, Email; with many more platforms to be included in the following months. Pick a celebrity, an influencer, a friend, or anyone else you wish and send them cryptocurrency on any social network platform. The applications of this platform are as vast and plentiful as social media user’s interactions are.
To send cryptocurrency to anyone in the world is executed in 4 simple steps:
Receiving the sent tokens is even easier:
The blockchain, and cryptocurrency can seem very daunting to those who do not know. That is why ease of use is a priority, and one of our core in today’s blockchain market. Social Wallet is the only platform that anyone from one central place grants consumers the ability to send tokens over Email, Twitter, Facebook and any other social media platforms instantaneously.
Social Wallet is a blockchain platform powered by the WIRE token.
What is WIRE token?
The WIRE token is a utility token that fuels the Social Wallet platform. WIRE’s “utility” designation derives from its function on the platform. Wire is an early banking term, which means payment transfer from one bank account to another. It is initiated by the payer, meaning the person receiving the funds, does not need to be aware of the transfer in order to receive money. Today, the term wire transfer is still used all over the world. The WIRE token is the accelerator for social media transactions. One must own WIRE in their account for the platform to function as it serves dual utility roles:
Once tokens are in the receiver's account, they have a variety of options at their disposal:
WIRE can be sent across all major social networks with the capacity to be divided into any desired amount. Ranging from less than a penny, up to the full amount you own, the abilities to split, spend, or share these tokens are endless.
WIRE Token Sale
Social Wallet is launching a promising Token Sale. The campaign will run between February 7, 2018 and April 27, 2018. Each round, except the first, will last approximately 2 weeks in duration with each round successively lowering its bonus in 5% increments. In Round 1, buyers can anticipate a 25% Bonus. Round 2 will be a 20% bonus, working its way down to 0% in Round 6.
More details about Social Wallet Platfrom:
Website: http://www.socialwallet.io/
Whitepaper: http://www.socialwallet.io/whitepaper.pdf
Bountyhive Link: http://bountyhive.io/r/ShanikaMadu