Spokkz cryptocurrency exchange
Three very important things are happening today in the world of cryptocurrency:
- Investors are hungry for information on cryptocurrency
Data shows that 42% of all high net worth individuals place learning about cryptocurrency as “High Importance,” according to Capgemini World Health Report 2018. That number jumps to 72% when you look at younger HNWIs (High Net worth Individuals).
- Investment Firms aren’t educating clients on cryptocurrency
The data reveals that investment firms aren’t educating their clients on cryptocurrency, which means most people have no idea how cryptocurrency works, let alone that you can use blockchain to invest in real-estate across the border. As individuals self-educate themselves on cryptocurrency, demand will go up.
- Spokkz allows smooth function of cryptocurrency exchange with ETH
Spokkz is a new decentralized platform that performs the function of cryptocurrency exchange, combining the most advanced technological developments and the popular blockchain system that has proven itself as providing complete reliability and security. Cryptocurrency has literally revolutionized the international market as soon as it entered it, immediately attracting a lot of people, most of whom wanted to experience its advantages in practice. That is why projects based on cryptocurrency are now one of the most popular and have huge development prospects, as well as investments in the digital currency.
Furthermore, SPOKKZ is a utility token which is main fuel to SPOKKZ ecosystem. You can spend SPOKKZ to get subscription & get access the media which stream on SPOKKZ. By donating SPKKZ You can backed the project uploaded on SPOKKZ platform . If the project you backed made good profit then you will also get your share from profit. Also you can trade these token on other exchanges after listing.You can also spend SPOKKZ at partner stores.
“Large studios with self serving agendas and their middlemen are imposing their choice of content on viewers and charging them exorbitantly for it. It’s time to challenge the status quo. This is exacerbated by distribution platforms being transactional with no room for community engagement.”
“SPOKKZ is letting the viewer decide what content works – and at what price by giving him / her access to a decentralised ecosystem and marketplace. By crowdfunding and helping promote movies & TV shows, viewer communities will join producers, content creators, distributors, stars and advertisers as equal stakeholders.”
The Ecosystem – How it works
Private issuance of tokens
Users have to commit upfront for the content they wish to watch and may receive a discount using tokens. Incentives are also provided to funders if the content they pre-fund does well on other platforms.
Users receive rewards in the form of tokens for reviewing, rating and analyzing the content available on the platform. These rewards can later be converted to desired crypto or fiat currencies.
Viral reward token
Users are provided with incentives to share and view content and advertisements in a way that benefits even non-users of the platform.
Content Distribution rewards
The Spuul P2P protocol is used to enable content sharing between users and reward them for it and use tokens to increase the velocity of sharing.
An ERC20 based wallet is integrated into Spuul’s existing wallet which provides links to exchanges that deal in SPOKKZ allowing users to trade easily.
Spuul uses key features of the blockchain to transfer rewards between users and share content optimally. The various stakeholders in the Spuul network are
Spuul’s video application is the first dApp on the blockchain and already possesses a significant user network and revenue. A reward system is developed for all token users as an incentive to watch, share, like, write reviews of, comment and like the cast of, and suggest new content for Tv shows and movies. Once users collect tokens they can then be traded for fiat currencies on any ICO or exchange.
Spuul has developed a crowd-funded platform for video content that can also support licensing of certain content like sports from the funds earned through viewership. This funding is currently being done by Spuul itself. This allows Spuul to gain an equity in the content it promotes, building its intellectual property catalog.
Starpower determines viewership of content and Spuul with increasing popularity can become a place for stars to engage with fans and boost their own popularity. Spuul will launch a dApp for community interaction through which users can be invited by the stars to sets in return for tokens. Users can also be rewarded with tokens by the stars for reviews and suggestions. This enables better circulation of tokens.
Advertisers can buy tokens to select advertisement spots within the economy across platforms which will help in the growth of the economy. With growth will come increasing value of the economy.
E-commerce is a crucial part of the shopping experience but an issue that exists there is the poor social marketing which in turn means fewer people returning. Sppul can be used by vendors to trade in tokens and also build a loyalty system to encourage social engagement.
Token Sale and ICO
Symbol – SPOOKKZ
Price – US$0.08
Soft cap – US$5 million.
Hard cap – US$12 million.
Well, Spuul will generate a total of 1 billion SPOKKZ. The minimum raise will be $5 million and the hard cap is $12 million and the tokens will be allocated in the following manner.
The Token value during the public release has been set at US$0.08 per Token.
Token Sale and Bonus Structure
The SPOKKZ Crowd Sale and Token Generation event will be done by SPOKKZ Global Foundation Limited, a Singapore incorporated company limited by guarantee and will be issuing the smart contracts running on Ethereum and later on Ontology’s main net.
Funders willing to participate can send Zilliqa, ONT, BTC or Ether to a designated wallet address
“If the Hard Cap is reached on or before the close, the token generation event is estimated to be 7 days after the limit is reached. If the Foundation feels that it has not reached its minimum goal of US$5million, all funds, less 3% of transaction costs, will be returned to funders. If the Crowd sale does not reach it’s hard limit, the remaining SPOKKZ tokens will be burned by the foundation”
Use of Proceeds
For more information, please visit:
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1925101
DISCLAIMER:This post was brought to you by Opeyemi being my personal project on Spokkz campaign project