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Smoke Network (SMOKE)

Social Media & Communication

Overview

Smoke.Network is a social media application for the cannabis community designed to reward users for their participation on a blockchain-based social network.

Features

Smoke Network is a decentralized immutable blockchain-based social network, that offers cannabis users resistance to censorship by governments and institutions. This creates an environment where cannabis content producers can post their content and build a base of followers without the risk of losing their work due to bureaucratic restrictions.Front-end DApps running on the blockchain, such as Smoke.io, have some control over the content they display, but they have no control over the actual data.

On Smoke Network, users are rewarded in SMOKE based on the number and quality of upvotes that their content receives on the network. The company's profile-scoring algorithm calculates the rewards for users based on the amount of SMOKE that they own on the network, as well as the authority of the user based on the quality of their own followers and content. Inflation is used to control the rate of new SMOKE per annum and all new SMOKE created is allocated to users.

Smoke Network utiizes a pseudo-anonymous structure, which allows to mitigate some of the user reservations traditionally associated with the legal cannabis market.

All the content on Smoke Network is curated manually by the users, who are rewarded with SMOKE for their curating efforts.

Crowdsale

ICO
ICO start date 20 Apr 2018
ICO end date 25 May 2018
ICO token supply 122,282,995
Hard cap size 10,000,000 USD (fiat)
Legal
ICO Platform 3
Country Limitations United States
Registration Country Belize
Registration Year 2018
Token details
Ticker SMOKE
Type Utility-token
Additional Token Emission 1
Token distribution
  • Advisors & Marketing - 2.381%
  • Airdrop - 2.381%
  • Seed Account - 3.3%
  • Founders - 10%
  • Pre-Sale - 31.938%
  • Public Sale - 50%
Funds allocation
  • 35% - Product Development
  • 25% - Business functions
  • 25% - Marketing
  • 10% - Team
  • 3% - Legal
  • 2% - Charity

Ratings

Type of ratings
Rating
Status
Details
Investment Risky+ Active Arrow Report

Team members

Name
Position
ICO
Social
CEO / Founder Member of this ICO only
CSO / Co-Founder Member of this ICO only
CMO / Co-Founder Member of this ICO only
Blockchan Developer Member of this ICO only
Front-End Developer Member of this ICO only
Outreach Manager Member of this ICO only
Community Manager Member of this ICO only

Advisors

Name
Position
ICO
Social
Engineering Advisor Member of this ICO only
Security Advisor Member of this ICO only
Corporate & Finance Member of 4 ICOs
Leafly Writer / J.D. Law Member of this ICO only
Amazon AWS Architect Member of this ICO only
Best Selling Author Member of this ICO only

Funding Rounds

Rating Review and Analytics

Investment rating Info Risky+
Hype score Info Medium
Risk score Info Medium
View rating report

Trading

(SMOKE)
$0 2.76% 24H
Start ICO 20 Apr 2018
End ICO 25 May 2018
Token SMOKE
Product Type DApp
MVP Only design
Registration Country Belize
Whitepaper View

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