SocialX (SOCX)

SocialX (SOCX) widget

ICO date: 14.01.2018 - 24.01.2018
Product Type: Platform
Industry: Social Media & Communication
Description:

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.

Founded: Singapore, 2017
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. 

Website: socialx.network
Whitepaper: Whitepaper

Rating Review and Analytics

Investment rating
NA
Hype score
Medium 2.4 / 5.0
Risk score
Low

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See also