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Smoke Network

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

Token Sale
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)
Raised 250,000 USD
Legal
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+ Expired Arrow Report

Team members

Name
Position
Score
Social
Blockchan Developer
2.6
Community Manager
2.6
Outreach Manager
2.6
CEO / Founder
2.6
CMO / Co-Founder
2.6
CSO / Co-Founder
2.6
Front-End Developer
2.6

Advisors

Name
Position
Score
Social
Leafly Writer / J.D. Law
2.6
Amazon AWS Architect
2.6
Engineering Advisor
2.6
Security Advisor
2.6
Best Selling Author
2.6
Corporate & Finance
1

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
09.04.2018 NA Yes 09.04.2018 24.09.2018

Rating Review and Analytics

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

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Trading

(SMOKE)
$0.0694
2.13% 24H
ETH
return 2.09x
Start ICO 20 Apr 2018
End ICO 25 May 2018
Token SMOKE
Price 1 SMOKE = 0.1 USD
Product Type DApp
MVP Only design
KYC No
Whitelist No
Registration Country Belize
Whitepaper View
Smoke Network (SMOKE) widget
Rating Get this widget
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