CRYPTONEWS: MONORETO - MAKE IT EASY TO USE SOCIAL NETWORKS

Monoreto - is a platform that proposes a social network system that would be based on the blockchain technology. With millions of people using social networks to engage and network, either for social or for networking purposes, Monoreto would offer a lucrative platform to monetizes such interactions. From professional bloggers to photographers, opinion makers and others, many offer quality content through social networks, but do not find the right or easy ways to monetize the same.

Background Monoreto
Data for January 2018 shows that 2.5 billion people on Earth use social networks every day and post content ranging from text and photos to comments and likes.
Social network users can be divided into three categories:
• Ordinary users who do not create quality content but take advantage of other people's products. such as: photos, posts, and comments.
• Usual users who post quality content but do not have the opportunity to monetize it.
• Professional bloggers, opinion makers, photographers (who use content creation as their source of income).

Problem Description for Social Network Users
The biggest problem of existing social networks is "not being grateful" for the efforts made by ordinary users who create content. On existing social networks such as Instagram, Facebook, Reddit, Twitter, VK, and many others, users generate quality and unique content without any compensation at all. No popular social networking user is rewarded for their content by the network or other users.
Monetizing content through ads is typically done by hypnotized bloggers and photographers who decide which advertisers to work with, as well as new authors who advertise questionable goods and services to make money.
The structure of most social networks does not value the idea of liking as a content writer's promotion. This directs users to like things even when they really do not like photos or videos and also like things to attract new followers. But even if the like is legitimate, it still does not bring direct benefits to the author.

Problem & Solution

To solve this problem, the specialist team has developed an innovative Monoreto platform. Monoreto is a social network that:

Reduce the need for blogger advertising as a method of monetization
• Increase the significance and value of likes and improve overall quality content
• Give each user a chance to earn from posting photos and videos
• Making fakes and bots unprofitable

Monoreto is a social network

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
Project Ideology

Each of these user categories needs to have several important psychological and economic attributes:

Creative fulfillment
Compassion
Recognition of talent and professional skills
Earning income
Overview of Social Networking (Facebook and Instagram)

Statistics shows that the two most popular social networks in the world are Facebook and Instagram.

Data from the Social Media Marketing Industry Report 2018 indicates that Facebook and Instagram are the main social platforms used by businesses and demonstrated positive dynamics in 2017 compared to 2016.

Monetization of Daily Use by Regular Users

Monoreto will make communication even easier and more convenient. Every Monoreto user will get modern social networking tools:

Improved timeline of posts with photos and videos
Comments on posts to keep in contact with followers
Stories function, which allows for creation of photos and 10-second videos with overlaid text, emojis, and handwritten notes
Unlike most other social networks, Monoreto will see winners among not only those who gain popularity but also among those who are sincerely ready to support authors of quality content.

Use Cases

-Blog and earn
The price of a Like in MON tokens is tied to the equivalent in US dollars — 5 cents.

-Like and become popular
Like more and get into the Monoreto Top.

-Raise funds for your start-up
Like monetization allows to raise funds and invest.

Monoreto Token

MNR is ERC20-compliant app token with limited emission. Each Like promotes your account in the news feed along with popular ones. Besides, you can pay by MNR for advertising on the platform. The possibility of convertation of MNR to internal tokens MON in equal proportions after the launch of the platform is under consideration.

Token Ticket

Pre-ICO start and finish dates 10 May 2018–10 June 2018

ICO start and finish dates 15 August 2018–30 September 2018

Token Supply No more than the hard cap

Distribution of Tokens and Collected Funds

Token Distribution

23% to initial platform users
11% remains the company’s share
3% used for bounty prizes
63% to crowdsale participants
The smart contract mechanism allows indicated proportions to be maintained including in the case that less money is collected during the crowdsale than is planned.

Accordingly, there won’t be an increase in the team’s share if this happens.

Distribution of collected funds after the Token Sale:

50% for development of the Monoreto platform
25% for marketing and advertising applications
15% for future development of the Monoreto platform
10% in expenditure on legal regulations

Investment info