HumanixR is decentralized application (DApp) that aims to revolutionize the ways in which people interact, particularly in social media. The platform is built on the Ethereum blockchain and leverages smart contracts to give individuals control over their online interactions as well as earn income for their participation in such platforms.
Fundamentally, HumanixR is a platform that enables its members to develop rich content as per the requirements of their peers in real-time. After developing the content, the creators are then rewards using secure, transparent and efficient payment methods.
HumanixR is available in the form of a smartphone application; a factor that increases its accessibly by a substantial margin. Ultimately, this platform aims to become a self-sufficient dynamic content ecosystem where members are in control and get earnings for their intellectual property.
Problems Challenging Human Interaction
Social Media Sites have Zero Economic Benefit
The current social media setup is of no financial value to users, despite the fact that they are a core pillar of such platforms. Instead, the sites gather vital user data and use it for their own profit; in some cases, they even sell it without the user’s consent.
Censorship and Centralization
Site owners have full control over what content is published in the social networks. Furthermore, thy do not take user’s input into consideration.
Usually, individuals have limited control over what appears on their newsfeed as ads. The site simply published advertiser’s announcements based on certain demographics. In most cases, these stats are generalized, resulting in the information reaching audiences that may find it irrelevant and/or offensive.
As mentioned earlier, users do not know the extent of information that social networks share with advertisers and other third-parties. Moreover, centralized networks are extremely vulnerable to privacy breaches.
HumanixR Problem Solution
- Economic Benefits: HumanixR aims to disrupt the biased culture that is currently the norm amongst social networks. The platform will give 50% of its net returns to its member community.
- Decentralization: Blockchain technology enables the equal participation of every member in the ecosystem. Thus, issues regarding transparency will be forgone.
- Customized Adverts: Using machine learning models, the HumanixR software will automatically generate relevant ads based on a user’s likings. This will significantly boost the conversion rates of the advertisements.
- Data Privacy and Security: Blockchain-powered platforms are renowned for their top-notch and impenetrable security infrastructure. This guarantees the privacy of a user’s confidential information.
HumanixR HNX Token And ICO
The HNX coin is an ERC20 compliant token that is tradable and is also used as the primary means of payment in the HumanixR ecosystem. The HNX token draws its intrinsic value from two sources; being a cryptocurrency and backing form an escrow account.
- Token Symbol: HNX
- Token Sale Starts: 20th June 2018
- Token Price: 1 ETH = 875 HNX
- Token Standard: ERC20
During the upcoming ICO, HumanixR will mint a total of 5,000,000 HNX Token. In total, the crowdsale intends to raise a total of $38 million, with the presale and main event generation $8 million and $30 million respectively. Ethereum is the only digital currency that will be eligible for the ICO.
After the ICO, the projects will work towards the addition of more rewards’ platforms to the ecosystem.