That pool I mentioned is intended to start as being full, but still no huge gains of course. How much? I don't know. One can only speculate. Whatever happens it will be free money for those that use the platform. Free money is always good. Why is it necessary to move all friends... tons of other successful "small" messaging apps, social networks that have a different and/or small subset of contacts... Facebook, instagram and others they all started small and than built on top of that. Many very similar and existing projects failed, but they made it. These guys at SocialX clearly state in their whitepaper what is expected user count they expect to have in the incoming years. It's nowhere near facebook numbers. They are pretty solidly "on the ground". In my second sentence, before anything else, I pointed to that whitepaper. Also, I never said they're going to as big as facebook right away - I very clearly said "...get an opportunity to get on such social network and they can get to join early and have a lot of time and little competition to build their popularity." and "need to build their friends list and popularity up - and they get paid along the way. And, more popular any post they make - more $".. will they become "big"? I don't know. But, IN TIME and I repeat IN TIME, having even a slight possibility of becoming e.g. 1% as big as facebook is HUGE.
Who cares if the money is free, when it is so little that it's negligible?
Google had a social networking app called Google +. It probably had millions of users. It died because people didn't move their friends over from Facebook to Google.
Get paid? Where is the money going to come from? It has to eventually come from advertisers. Advertisers are not going to advertise unless you have LOTS of users, more than what Google+ had.
A way to waste time for one man can be a way to save time for another. Also, for example: Why start e.g. facebook when Zuckerberg could have joined Myspace and help to improve it a bit? I believe that at least 95% of cryptocurrencies and crypto projects will fail or not deliver everything what was promised. I think trying to be among those approx. 5% is what this all crypto craze is all about. Also, as for social networks in general, sometimes even being e.g. 17th can be a huge success.
At the time, MySpace had not conquered the world yet. There were many social networking sites at the time. Facebook prevailed with a better app. MySpace was way too noisy and hard to read, because they let the users change the HTML. Facebook is now so big that even Google cannot compete. If Google cannot compete, there is LITTLE CHANCE that SocialX or any of the other social network ICOs will be able to compete.
Are you saying that SocialX is only good for a PUMP AND DUMP?
How about: Their token not likely to have a huge price drop below ICO price and scare that little people they will have away. - happens to many small projects these days.
If too many people get scared away by price drop, then that means that there aren't enough people who believe in the long term success of the project. This means it's mainly good for a pump and dump.
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