The social network today has become a very huge market. There are so many social networks some popular and some others that are less popular and only known to a rather small number of people in selected countries and regions of the world. Some of the very popular social networks include Facebook, Twitter, and LinkedIn.
These social networks by their very nature derive their value from their users. The users provide the value through the data and information which they input into the social networks.
Notwithstanding the immense value which the users provide for these social networks through the content which they input on these social networks, the users receive no financial benefit for their activities on the platforms.
However, the platforms derive immense financial benefits through the multiple streams of advertising revenue which they generate from monetizing the data of users.
There is the need therefore to create a system of financial benefit for the users of social networking platforms.
The Spring Platform
Spring is getting its inspiration from the LinkedIn platform. Spring network would essentially be functioning as a platform for verification of resume and profiles based on the blockchain technology.
The platform would also provide incentives for all the users of the platform.
The verification process of the platform would perform such verification checks as university reference checks and employee reference checks.
The platform would also comprise a job board.
Spring Token Sale
Spring expects to mint 10 billion tokens at its token sale. The network is expected to be launched by the second quarter of 2018. 3.4 billion Tokens are expected to be issued at the token sale.
The Spring Team
The Spring team is led by its CEO Kartik Mandaville. Other team members include the product manager Shivhari Shankar and the director of engineering Vinay Agarwal.
Spring also has a team of expert advisors in several fields including Mike Jones as its business advisor, Swaroop Hedge as its tech advisor and Naman Sarawagi as its product advisor.
Conclusion
Creating a mutually beneficial social network is important for the future of social networking and social networks where everyone including originators, attesters, and users can derive financial benefits from the platform. To learn more about this fantastic project, feel free to click on any of the links below.
website whitepaper telegram twitter facebook bitcointalk ANN bitcointalk bounty
Author - Coltpython
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