What Is ONe Network?
One is a new social network that is designed to help bring back privacy, freedom, and control to the individual users. The main purpose of all this is to improve the social experience that has been disintegrating over the course of the last few years in terms of social media. It’s no secret that a lot of people are having their privacy invaded or completely destroyed when looking at issues like those happening with Facebook right now.
How ONe Network Social Media 2.0 Secured By Blockchain Works
One is a blockchain technology-based platform that is focused primarily around cryptocurrencies. You’ll have the ability to change the way people interact with each other on social media. The point is to make the process of social media more secure through a self-governance as well as individuals personal ownership of data.
The purpose is that social media is the staple of today’s digital world and is responsible for generating hundreds of billions of interactions every day. The issue is that most of the channels here these things happen are operated by companies who have their own personal agenda at hand. They use their agendas full of interest outside of the user for their own personal data collection. And they use vague language in their terms and conditions contracts to keep people in the dark about what is considering to be truly public and what is considered to be confidential when it comes to today’s social media channels. One will effectively give people the ability to control their own private data on a new level like never seen before.
Onebit Token is an ERC20 compliant token that can be used within the company’s ecosystem to reward content creators and also users. To truly learn about the platform, head to the company website and download the WHITEPAPER, it has all the technical schematics you need to understand the system.
Public and private channels as well as chat are available with the company. When One’s system is finally released, it will incorporate multi-wallet capabilities with timers as well. There will also be anonymity to guarantee your data is safe while using the platform.
Encryption is one of the most important aspects of the platform as well. On the marketplace, you’ll be able to benefit from content rewards designed to be used as incentives. There is also a voluntary ad platform, designed to be used for personal distribution.
ONe Network OBT Token ICO Details
The people at ONE refer to it as an ITO rather than an ICO. No real difference between the two, except in semantics. As in ITO stands for Initial Token Offering and ICO stands for Initial Coin Offering. The cost of the token is $.020 per token as of now, with the costs per coin eventually aiming to hit $ Pre-ITO for the company starts in just over 15 days. Pre-Sale for the token is set on a tiered contribution bonus structure. The pre-sale of the company starts on the 30th of May, and runs until the 15th of June.
Who Is Behind ONe Network?
The team is made up of nine individuals from around the world. Each of them has a verified LinkedIn profile which is huge. The team is headed by John Hoelzer, the founder and CEO of the company. He has a BS from the University of Texas in Biology. He’s only the head of the experienced organization. The rest of the team is made up of designers, programmers and other similar business/tech minded associates. As stated before, they each have a LinkedIn Profile that has been verified to ensure they are who they say they are. The only thing I couldn’t locate was the address to the company headquarters, something that is usually easy to find on trustworthy organizations.
ONe Social Network Conclusion
Ultimately, One Social Network is still in early stages of development. It’s too early to see how effective they will be or if they will even be able to accomplish what they’ve set out to do. But for the most part, they seem to be a real team that has been verified, something that in itself is valuable. If you want to invest with One Social Network, I would recommend holding off before making any major investments. At the very least reach out to the company, so you can speak to one of the team members yourself. You can join the whitelist for the company as well as connect with them on Telegram or through their support email at the company website, onesocialnetwork.io.