This project is an eradicative transformation of the successful social media created for our client that after years of functioning needed modernization.
Overview
In 2016, our team created an innovative social commerce platform that made socializing and social presence monetization possible. Over the years, it has become a popular social network with a friendly community and even its own internal points-reward system.
But in today’s technological world, the need for changes in the business model, user interface and experience, technical approaches, and technologies used arose and our client requested a global transformation.
The synergy between our client and SEVEN’s team resulted in a Blockchain social network with a new business model. Based on smart contracts and decentralized applications, it enables the execution of cryptocurrency transactions, a token distribution reward system, and the creation of an internal tokenized marketplace.
Goals and Objectives
The main idea of the new project was to create a state-of-the-art, secure social network with monetizing possibilities. The platform is based on innovative Blockchain technology and solves key privacy problems of social networks popular today.
The implementation of Blockchain technology ensures the complete security and privacy of user data that are stored in the database and in other system storage and provides users with full control over the confidentiality of their personal information.
Users benefit from their social presence by earning cryptocurrency token rewards for their activities — for this purpose Ethereum-based cryptocurrency was issued.
Project Scope
The scope of work included many-sided transformation to create a social network of tomorrow
Main Features
This platform is intended to be a one-stop-shop where individuals can monetize their social media sites through shared ad revenues by doing what they usually do online — chat on social media, build a network of associates, post updates, share pictures, host videos, and browse pages in line with their interests.
Value Delivered
Web and native mobile (iOS and Android) applications, as well as functions for their access to the server part (API) were developed from scratch.