sabqie: Monoreto

Monoreto is a blockchain-based social network where everyone can get rewards for their unique content. Monoreto team are creating a social network with monetization of likes.
Professional bloggers, opinion makers, photographers (when creation of content is a source of professional income)
Regular users who post quality content but don’t have the opportunity to monetize it
Regular users who do not create quality content (or any content at all) but make use of someone else’s product (photographs, posts, comments)

The overwhelming number of social media users is the audience (the third category). They usually do not create their own content but actively use social networks, ranking and commenting on content posted by others and also communicating with each other. This is the audience that creates the added value of a social network as a product.

Problems

Centralized social networks do not monetize the content of their users; users do not receive compensation in exchange for the value or content they provide to the platform
Social network users have little incentive to participate in the platform; there’s no reason to post on Facebook, for example, when you can just “lurk” instead
Social networks are filled with advertisements, making it difficult for social media users to find genuine content amidst so many ads; many people are leaving social media networks because of the excessive number of advertisements
Content theft on social media networks is common, and the copyright owners of music, films, photos, and books face difficulty removing their own content from social media; someone might generate millions of views from unoriginal content, for example, that they stole from the original content creator

Monoreto Project Ideology

Creative fulfillment
Compassion
Recognition of talent and professional skills
Earning income
Monoreto will help raise funds for charity. For the first time, likes can end up helping save someone’s life or make their dreams come true! The platform can also help raise money to implement business ideas. Our team is also developing a mechanism for Monoreto users to easily publish their Monoreto content on other social networks (Instagram, Facebook, etc.) with a single click. We understand that it’s hard to abandon other social networks. That’s why we are trying to simplify this process as much as possible and create additional value through income
generation.

Monoreto Benefits

Gives every user the opportunity to earn from posting photos and videos
Increases the significance and value of likes and improves the overall quality of content
Reduces the need for blogger ads as a monetization method
Makes fake likes and bots unprofitable

How It Works?

The biggest problem of existing social networks is their “ungratefulness” for the efforts made by ordinary users that create content. On existing social networks like Instagram, Facebook, Reddit, Twitter, VK, and many others, users generate quality and unique content without any compensation at all. No users of these popular social networks get
rewarded for their content by the network or other users. Monetization of content through advertising is usually done by hyped bloggers and photographers who decide which advertisers to cooperate with as well as new authors who advertise questionable goods and services to earn money. The structure of most social networks does not value the idea of likes as promotion of the content’s author. This leads users to like things even when they don’t really like the photo or video and also like things for the sake of attracting new followers. But even if the like is legitimate, it still doesn’t bring direct benefit to the author.

Monoreto Features

Improved timeline of posts with photos and videos
Comments on posts that allow you to keep in contact with followers
A stories function that allows users to create photos and 10-second videos overlaid with text, emojis, and handwritten notes
Live broadcasts, similar to Facebook Live or Instagram Live
The ability to earn MON tokens in exchange for posting quality text, photo, or video content
Online video quizzes with cash prizes, similar to how HQ Trivia works (Monoreto specifically mentions HQ Trivia in its whitepaper)
A “Photobank” where users can post their work for commercialization
Advertisers can post quizzes and other content on the platform, then reward users for participating
A lottery for the top donators, including a lottery among users who gave paid the most “likes

Business Advertising

The modern reality of promoting a business goes beyond classical advertising tools like billboard ads and TV commercials. Even contextual banner ads and YouTube commercials are losing their effectivity. Users install programs that block ads and skip through commercials after 4 seconds even if they give interesting information in a quality format. If a business wants people to talk about it today, quality and interesting content that will be popular needs to be created. Users will distribute content they come across on the network themselves and businesses won’t have to pay for ads directed at consumers. But at the beginning even very interesting content requires both support and circulation.

Platform

A bonus for the first 500,000 users of Monoreto in the amount of 23% of the total pool of MON tokens is planned as part of the initial launch of the social network in order to stimulate development of the platform. Our team will continue improving mechanisms used for direct advertising and the smart feed where direct marketing is developed. This part of the platform is oriented towards working with large suppliers of advertising services. After the initial market is created, continued marketing efforts will be directed at a steady increase in the number of participants in the ecosystem.
Fundraising Campaign and Token Distribution Fundraising Campaign Plan The Monoreto development team is currently working on the platform and preparing a fundraising campaign. The MNR app token will be released under the ERC-20 standard with limited release in order to hold the fundraising campaign. Distribution of tokens will be done by a smart contract. Raised funds will be used to launch the platform and to develop it further, to finance advertising and marketing, and to regulate the platform’s operation.

Token Details

Name Token: MNR

PreICO Price: 1 MNR = 0.025 USD
Price: 1 MNR = 0.05 USD
Bonus: Available
Platform: Ethereum
Minimum investment: 0.1 ETH

Tokens for sale 500,000,000

Soft cap: 200,000 USD
Hard cap: 800,000 USD

Pre-ICO bonus - 50% (10.05 -10.06)
ICO bonuses - up to 20% (15.08 - 30.09)
Pre-ICO start and finish dates: 10 May 2018 – 10 June 2018
ICO start and finish dates : 15 August 2018 – 30 September

Token Distribution:
23% to initial platform users
11% remains the company’s share
3% used for bounty prizes