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SocialX

Social Media & Communication

Overview

SocialX is a blockchain database that supports community building and social interaction with cryptocurrency rewards.

Features

There will be built a reward system where contributors are rewarded for content. Ownership rights belong only to content creators.

The goal of the platform is to facilitate the way humans share snapshots of life and interact with each other.

Technical Details

Traits of a decentralized system:

  • The database cannot be taken down
  • Can get back up by other parties
  • The code that governs the network needs to be public
  • The application must be server-less

The Database runs on MongoDB 3.4. A public read-access user will be provided and publicly available, so anyone can connect and read the full database used by SocialX. In case of getting DDOS-ed for this or heavily queried, a replicaSet will be created only for public database. 

Crowdsale

Token Sale
ICO start date 14 Jan 2018
ICO end date 24 Jan 2018
ICO token supply 90,000,000
Soft cap 200,000 USD (fiat)
Hard cap size 2,000,000 USD (fiat)
Raised 1,916,465 USD
Legal
Country Limitations United States
Registration Country Singapore
Registration Year 2017
Token details
Ticker SOCX
Type Utility-token
Additional Token Emission No
Accepted Currencies

ETH

ZEN

Bonus Program

1 hour - 25% 

24 hours - 20% 

48 hours - 10% 

3 days - 5%

7 Days - 0%

Token distribution

50% - Crowdsale

10% - Management

20% - Team

16% - Rewards

4% - Bounty

Funds allocation

40% - Development

20% - Marketing & PR

10% - Operations

10% - Legal

10% - Business Development

7% - Long-term 2020+ or Backup

3% - Pre-ICO Expenses

Ratings

Type of scores
Score
Status
Hype score Low Active
Risk score Low Active

Team members

Name
Position
Score
Social
Architecture Lead Blockchain
1
Software Developer
NA
Exchange Developer
NA
Community Manager
NA
Developer
NA
Lead Developer
NA
Co founder & CFO
NA
Co founder & CTO
NA
Designer
NA
Developer
NA
Developer
NA
Co founder & CMO
NA
Senior Developer
NA
Developer
NA
Head of Design
NA
Developer
NA
Management Assistant
NA
Developer
NA
Developer
NA
Finance
NA

Advisors

Name
Position
Score
Social
Financial advisor
NA
Brand Ambassador and Strategic Advisor
NA
Security Advisor
NA

Funding Rounds

Development

Pre-Launch
Launch
Custom blockchain
Testnet
Mainnet
Q1 2019 NA No NA NA

Rating Review and Analytics

Investment rating Info NA
Hype score Info Low
Risk score Info Low
SocialX ICO Contacts
More on ICO

Ended

$1,916,465 Of $2,000,000 (95%)

Start ICO 14 Jan 2018
End ICO 24 Jan 2018
Token SOCX
Price 1 SOCX = 0.2039145 USD
Product Type Platform
MVP Alpha
Registration Country Singapore
Country Limitations United States
Whitepaper View
SocialX (SOCX) widget
Rating Get this widget
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