Blocksims is the first decentralized blockchain based mobile service Telecom Company which aims to provide mobile voice and data service to the large segment of the five Billion smartphone users worldwide. This not just a replacement for the mobile device, but allow the users to earn revenue.
Blocksims provide a Sim card which can be inserted into an unlocked smartphone. It provides unlimited, free mobile voice and data services. All service costs are covered by advertising revenue. Blocksims uses Consensus model through blockchain technology for transaction authentication, which eliminates the need for third-party intermediary and ensures the transparent, verifiable and secured transactions among participants.
BLOCKSIMS Is a factor that focuses on providing telecommunication and network services, which use technology as the basis for the development of the Platform. BLOCKSIMS aims to combine telecommunications services with the renewable and sustainable Blockchain technology, which will result in a secure and transparent telecommunication service for users. Unlike most telecom services, BLOCKSIMS does not charge users for any calls or short messages sent by them, otherwise, BLOCKSIMS provides incentives to users of advertising revenue earned by BLOCKSIMS. BLOCKSIMS will change Telecommunication system become more revolutionary and better than traditional technology today.
THE REASON FOR BLOCKCHAIN
The blockchain is an undeniably ingenious invention – the brainchild of a person or group of people known by the pseudonym, Satoshi Nakamoto. But since then, it has evolved into something greater, and right now the main question every single person is asking is: What is Blockchain? By allowing digital information to be distributed but not copied, blockchain technology created the backbone of a new type of internet. Originally devised for the digital currency, Bitcoin, the tech community is now finding other potential uses for the technology. Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $ 285 billion US. And blockchains can make other types of digital value. Like the internet (or your car), you do not need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary. Bitcoin shows very little in the way of privacy, but we are about to change that.
With this opportunity, We invite you to enlarge this Platform, to reach the Broader Society. We will release the Token under the name “SIM Token”, here is the data.
Pre-ICO will be started on 15th February 2018 and ICO will be started in March 2018. ICO whitelist registration is now open. Blocksims expects to distribute 500,000,000 Sim token through the ICO.
Tokens would be distributed as follows,
30% of the coins will be reserved for distribution among Sim holders as rewards over the time.
50% of the total would be available for public sale
7% of Coins will be used by the development team for further developing, maintenance and to ensure that the Block Sim platform is compliant and flourishes all across the globe
5% of the total SIM token will be used for marketing to gain awareness about the platform and gaining more and more users.
3% will be used as advertising and administration.
5% of the token will be used for bounty programs.
The funds collecting through the ICOs would be distributed for following activities.
20% for operating overheads
10% of fund providers
30% of marketing fund
30% for development of infrastructure
10% would be allocated for reserved fund
Blocksim has lined up their plan till 2020. Few significant milestones are;
February 2018- Pre ICO launch
March 2018 – ICO launch
July 2018 Listing SIM tokens in exchanges
October 2018 – Launching BLOCK SIM, Introducing mobile app for Android & iSO and negotiation with leading telecom service providers all over the world
Blocksim management team is comprised of highly qualified and experienced professionals in IT, legal, financial, technology, online communication and institutional trading. Following is a small explanation of few of the team members. Please visit their website or see the white paper for more details.
Be a part of this incredible project. Download the whitepaper for the full scoop.
Till next time…
For more information, please visit:
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035
Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.