SOCIAL WALLET: The Pathway For Mass Adoption Of Cryptocurrency By Users Of Social Networks

In recent years, social media has been an eye opener in the information and communication industry. The ease at which information is disbursed effortlessly over social networks and media is next to none. Social network is an undeniable means of marketing and improving outreach to businesses.

Just as the invention of the social network has been revolutionary to the information and communication industry, so has cryptocurrency and blockchain technology taken the financial market by storm. Blockchain technology has grown in application due to the growing demand for faster means of transaction, reduced cost, and improved convenience. The need for blockchain technology has led to the creation of numerous cryptocurrencies asides bitcoin developed for not just financial usage but adoption across all public sectors, including healthcare sector and agriculture sector. Reputable crypto enthusiasts and economists have frequently proclaimed that cryptocurrency will replace fiat and become highly valuable in the nearest future.

Social Wallet is a platform based on the concept of building a linkage between social networks and cryptocurrency. Social wallet is a simple to use platform focused on the idea of making it easy for users of various existing social networks send and receive cryptocurrency easily and securely.Social Wallet is a platform based on the concept of building a linkage between social networks and cryptocurrency. Social wallet is a simple to use platform focused on the idea of making it easy for users of various existing social networks send and receive cryptocurrency easily and securely.

Research has shown that in 2019 the number of social media users globally will be roughly around 2.77Billion. Social wallet aims to help introduce these users to cryptocurrency and help them gain easy access to them. Social wallet will use it reach on social networks to educate the world about the power of cryptocurrency technology and push for mass adoption of cryptocurrency all over the world.

Key Features Of The Social Wallet Platform

Social wallet makes it easy to send cryptocurrency easily, quickly and securely directly on the platform, through facebook, twitter, and email. With more and more social network set for integration into the social wallet platform, it is beyond doubt that social wallet is going to be a great means of sympathizing, carrying out donations and doing good on social networks.
Social Wallet platform intends to partner with 3rd party debit card provider to create a social wallet debit card which will definitely accomplish the goal of making the traditional banking system obsolete.
Social Wallet creates an avenue for users of Social wallet platform to earn "Wire token" once they are linked to the social wallet platform and as rewards for likes, retweets and other activities carried out on the social wallet social media posts.

Wire Token

The Wire token is a utility token which will serve as fuel for the social wallet platform and a pre-requisite for carrying out all forms of transactions.

The Wire token will have a cumulative supply of 250million unit with a 30-second block built on bitcoin core v 0.10x with version 0.13.2 updates and dash core v 0.12.1 BIP38. The wire token will also have masternode and staking features meaning token holders can earn network reward by staking or using 35000 Wire tokens as collateral for the creation of masternode.

Wire Token Sale and Allocation

Social wallet has launched a 6 round token sale which is scheduled to run from February 7- April 27, 2018. The essence of the token sale is to ensure the widespread ownership of the tokens, avoid centralization and give investors opportunity to get involved.The Wire token can be purchased via BTC, ETH, and LTC. The price per wire token is 0.15 USD and the minimum purchase is 100 USD. The 6 rounds of the wire token sale will attract a discount of 25%, 20%, 15% ,10%, 5% and 0% respectively.

For More information on the social wallet team led by Jack Brown and the advisory team consisting of notable names in the IT, finance and marketing industry, you can check out the website