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.

All your photos & videos are on a fast, secure and decentralized platform.

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. Our platform uses the latest blockchain technology to ensure short loading times.

Popular social media networks fail to uphold the ideal of freedom of expression. We think that the centralized architecture of popular social networks puts them in a situation where complying with the laws and regulations of censorship is a must if they have to run a business. That's why SocialX is different.


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 safest and most reliable chat app.

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


A growing user base is the key to social networking success. We think our USP will attract the attention of photo & video lovers easily, but we'll include a paid referral system to incentivize your friends & family to join SocialX.

SocialX is an opportunity to express yourself without restrictions to interact with friends, family, and others who share the same interests. For those unfamiliar with this technology: blockchain will allow individuals to utilize decentralized networks to store images, videos, and data about trustless services that no one can see, so maintaining the privacy you need also enables the exchange of cryptococcus and the FIAT currency others.

We also believe that great developers are key because our platforms can grow exponentially, along with developers, increasing value for our users every day. Soon we will publish how developers can interact with communities within our platform.
SocialX is a great opportunity to be an early adopter, to learn together as you grow; There is even a great opportunity to build a business within the network through licensing and data distribution.

Users are at the forefront of our minds throughout the process of making SocialX. What can they benefit from the most? Our conclusion: freedom and self-government. Size The long-term market markets we aim at are:

SNS (Social Networking Sites): 11.325 billion active social network users in January 2017.

Share licenses for photos and videos: an estimated 2.3 billion US dollars (still global
the image market will exceed 4 billion US $ to 2020.)
Social Network Ads spend: 25.98 billion US $
Influencer marketing is $ 1.07 billion now that will reach 2.38 billion US dollars by 2019.

Blockchain

Blockchain makes it possible to record ownership publicly in 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 rewards mechanism and to decentralize our social network as much as possible.

We decided to use Ethereal to generate our token, SOCX. Why? Well, we do this because the ERC-20 tokens are easy to store and trade, and because of the smart contracting functionality and an increased adoption rate of the ERC-20 tokens on the main exchanges.

Tech Stack SocialX ecosystem will be built on the best technology for production - we believe in choosing the best pile of technologies available at the moment. Most of the blockchain technology is still in its early stages, but some are ready for production and some will be ready for production within the next 12 months. Regardless, each individual project will be closely monitored.


Speed ​​and performance are important to users, so we have to use a hybrid solution that will combine the fastest client server architecture with the latest blockchain technology. We want users to have ecosystem solutions that they love for the many benefits we describe. However, the main long-term goal is to have a fully decentralized app on the blockchain, switching from a hybrid to 100% decentralized over a period of 6- 12 months.

Reacting is a declarative JavaScript library, efficient, and flexible for building user interfaces. Your component tells React what you want to render, then Reacts efficiently updated and fits accordingly when your data changes. React has proven itself in web and mobile apps, so our continued knowledge with React makes this decision easy.

Database

BigchainDB fills the gap in the decentralized ecosystem: a decentralized database, on a large scale. This shows the performance of 1 million writes per throughput per second, storing petabytes of data, with sub-second latency.

BigchainDB design begins with a distributed database (DB), and adds blockchain
characteristics through a set of prayers including decentralized control, immutability, and the creation & movement of digital assets. BigchainDB inherits the characteristics of modern distributed databases: linear scaling in throughput and capacity by number of nodes, full-featured NoSQL query language, efficient queries, and permissions. Built on an existing distributed DB, it also inherits the hardened enterprise code for most of the codebase.

Measurable capacity means contracts and legally binding certificates can be stored directly in the blockchain database. The permissions system allows configurations ranging from corporate private blocking databases to open, public blockchain databases. BigchainDB complements decentralized processing platforms such as the Ethereum and decentralized file systems such as the InterPlanetary File System (IPFS).

Wallet / Exchange

We plan to integrate the wallet system into the SocialX ecosystem. This wallet will receive SOCX tokens from SocialX Reward System and can be used to store and retrieve SOCX tokens. In the long run, we want to expand the possibility for users to purchase SOCX tokens in our app through fiat currency to make ecosystems available in the mass market. We also look closely at partnerships with payment acquisition companies, credit card companies and projects like TenX.

Roadmap







Further 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

Author (gudanggaremfilter): https://bitcointalk.org/index.php?action=profile;u=1173895

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