Welcome to the New Beginning in Social Networking Industry
ClassyCoin is a high value, peer to peer decentralized digital currency that is based on the ERC20 token and deployed on the Ethereum blockchain. It is a cryptocurrency of the same nature as Bitcoin and Ethereum, but with a much bigger aim to specifically serve and help the Social Networking Industry. The coin is intended to be used within Classy Network to buy ad spaces, pay for goods and services and give tips to friends and families across the Classy Network. At Classy Network, we believe in supporting community building and social interaction with cryptocurrency rewards. For inspiring participation in the community, ClassyCoin would be presenting the users with a currency or a free market economy that is a fair accounting system, and consistently reflects each person's contribution. ClassyCoin aims to accurately and transparently reward an unbounded number of individuals who make subjective contributions to its community.
We are taking appropriate steps to give people a real alternative and choice to connect with their love ones and be in full control of their data. Considering that, we have taken a revolutionary step of creating a blockchain based social networking platform.
Background
Social media have become ubiquitous and are playing an increasingly critical role in society. The wide use of social media platforms has generated massive user generated contents (UGCs). Research reveals that there are 2.5 billion active users of social networking sites, who collectively generate content having worth more than billions of dollars’.
ClassyCoin is created based on idea of supporting social media and online communities by returning much of its value to the people who provide valuable contributions by rewarding them with cryptocurrency, and through this process create a currency that is able to reach a broad market, including people who have yet to participate in any cryptocurrency economy.
Introduction to Classy Social Network
Imagine a fully decentralized social network, where all the data and content is stored on the blockchain instead of centralized servers, and all the power lies with the users; not some individual nerd or company. Classy Network is one such step in the direction to get the users a platform that is not only powered by them but actually owned by them. It is the new generation decentralized social networking platform which is based on the ethereum blockchain for global connectivity and community building. Classy Network integrates peer to peer payment system and end to end fully encrypted features with no possibility of third party control of the data and zero possibility of downtime. Being an on-chain platform (Blockchain based), all of the user content would be lying on the blockchain instead of centralized servers. The platform allows you to communicate with friends and family in multiple unique ways, while providing state-of-the-art security and privacy.
Classy Network is backed by ClassyCoin- a cryptocurrency designed to be used for buying goods and services, purchase ad spaces from the integrated ad platform, donating to crowd funding campaigns, giving tips to friends and families across the network.
Here is a brief description of the features that would be integrated into the Classy Network and would change your perception of what can be achieved through social media networks.
Classy Social Network Functionalities
1.VPN Social AppClassy Network will be powered by a special VPN Social app. The app will facilitate both the mobile version of the network and also the desktop version to offer extreme browsing privacy.
2.YouTube integratedClassy Network would come with YouTube integrated which is the world’s biggest video sharing platform. This way users would be able to not only view the billions of video available directly in their feed but share them as well and get a fair reward for each impression, view and click.
Besides, this would also enable the network to avoid glitches being faced in the video content e.g. the current glitch of getting the app hanged while a video is being played on facebook.
3.Peer to Peer PaymentPeer-to-peer payment system are electronic money transfers made from one person to another through an intermediary, typically referred to as a P2P payment application. P2P payments can be sent and received via mobile device or any home computer with access to the Internet, offering a convenient alternative to traditional payment methods. Classy Network has the built in functionality of peer to peer payment that would facilitates the users to send and receive their earned amount directly into their e-wallets without having to worry about massive surcharges implemented on traditional payment methods.
4.Marketplace IntegratedClassy Network incorporates all of the e-commerce functions. It will allow you to create product Post for a specific product or service. Your friends, family or followers would see your post and would be able to purchase or bit directly.
5.Classy Network Mobile AppsClassy Network will be available both in the iOS and Android version. The mobile apps are being designed in a manner to support all features of the web version as well. Users would be able to chat, post, share, like and gets real time notification.
6.Instant Hollywood News and UpdatesFor all Cinema lovers out there, Classy Network would allow you to get the latest updates from the world of Hollywood instantly. You would be able to watch and share videos related to Hollywood and keep yourself updated about the newest trends in the world of fashion.
7.News PublisherThe Classy Network also comes integrated with the custom functionality of supporting news publishing. You would be able to view, publish and share news instantly and keep updated about whatever interest you have.
8.Listings ServiceClassy Network sports a listing service with the aim to provide accurate and structured data about properties for sale. The listing service would maintain a mechanism for listing brokers to offer compensation to buyer brokers who bring a buyer for their listed property without any service fee.
9.Personalized blogInstead of creating a separate blog on sites such as Wordpress.com or other, ClassyCoin comes integrated with Personalized Blog functionality. Unlike the current social networking platforms which mainly provide users with the facility of posts, Classy Network let the user create a personalized blog supported by a variety of custom functionalities such as different fonts and custom designs. The user also has the facility to view, like and share other users’ blogs as well.
10.Complete Decentralized On-ChainClassy Network would be a completely decentralized on-chain platform that would allow users not to worry about a single centralized authority controlling the entire network. Instead it will be the community who will be the actual owner of the platform. All of the application data, user data and multimedia uploads will be stored on the blockchain.
11.PrivacyClassy Network is a community driver project whose main focus is the privacy of our community and its data. Powered by ethereum smart contract blockchain technology, all of the data is distributed on a ledger without any single point of focus or failure. Every single feature inside the network is end to end fully encrypted, which make it impossible for any third party to access your data.