Trending.me - The Blockchain Fashion Instagram Explained
In the digital age we live in, our photos are practically all online. Studies indicate that over 1 trillion photos will be uploaded by the end of this year.
In addition, online stores are becoming much more common due to elevated costs of a physical store. To many, the e-commerce route seems to be the best way to go. Many developing countries see the IT area rising. This promotes online retailing.
The networking apps are a fundamental part of how people now express themselves. Some apps last longer than others do. Trending.me is an app that is built not only to captivate but to last as well.
What is Trending.me
Trending.me is a platform that allows users to express their style in terms of clothing and fashion through their pictures. Users who participate in the community can be rewarded with TRENDS, which is a new crypto currency. TRENDS can be used to buy accessories on trend stores that are on the Trending.me network.
The Trending.me Community
Pictures that are uploaded by the community will be in different categories with the possibility of posting location and tagging other users as well. Algorithms will help content improve over time. Users that view pictures can vote for pictures with a heart button, make comments about the picture, or even use the “Trending” button to reward the picture with TRENDS. If a picture is flagged for inappropriate content 3 times, it will be deactivated and reviewed by an audit team. Over time, technology will help keep the network safe from pornography or other pictures that are deemed to be offensive.
TRENDS
Trending.me will use 61 million TRENDS, a cryptocurrency that is an Ethereum-based token, to reward users for activity with pictures on Trending.me.
The 61 Million TRENDS will be distributed in the following manner:
• 5 million TRENDS for bounties and marketing effort
• 5 million TRENDS the Core Team to retain
• 10 million TRENDS to be issued and distributed among merchants that become trend stores
• 15 million TRENDS to be issued at the crowd sale
• 26 million TRENDS for the Trend Pool to be used as user rewards during the first year of the network platform.
Trend Stores
Trend stores are those that are ECommerce stores in the line of accessories, clothing, and fashion on Trending.me. Stores will be onboarding in a phase system to integrate what users prefer per region in each geographical location. Stores can also decide to onboard themselves with an online process with the purchase of 5000 TRENDS or more. In order to buy products from Trend stores, users must accumulate TRENDS by participating in the Trending Community or with TRENDS bought in the ICO. Advertising is paid for with TRENDS which will go back to the Trend Pool to be used for awarding purposes. The cycle is designed to continue and make TRENDS appreciate in value.
Trend Pool
Half a million TRENDS from the Trend Pool will be used per week to pay out users for their activity on the Trending.me network. After the first year, a number of TRENDS to be used for awarding users will depend on the amount of ad revenue from the first year.
TRENDS ICO
Between September 15th to October 20th, 15 million trends will be sold during the ICO. 3000 TRENDS cost 1 ETH. During the first 2 weeks of the ICO, TRENDS bought, will have a 25% bonus in TRENDS. The money raised during the ICO is to be directed towards improving the technology team, and invest in leadership to quickly develop trending.me. Additionally, the money should also be used for marketing plans, investing in celebrity bloggers as well as trendsetters.
Benefits of adopting TRENDS early
All sorts of benefits for investors, merchants and sellers, advertisers, publishers and service providers for those that get on the trending.me network at the beginning. The earlier the better for everyone since TRENDS are designed to appreciate.
Roadmap
During the 2nd and 3rd quarters of 2017, the Trending.me team was started along with developing the technology and marketing teams. In the 4th quarter of 2017, the Trending.me BETA version will be released with the goal of onboarding 10 thousand users as well as 3 Trend stores and 5 more by January of 2018. Throughout 2018, Trending.me will be working on improved versions and executing the marketing plan to onboard 50 thousand users and attract celebrity bloggers to the network.
Website : http://www.trending.me/
ICO Page : http://www.trending.me/ICO/
Whitepaper : http://www.trending.me/concept.pdf
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=119768
Hi @simonjones. . I have followed you and follow next post 👏👏👏 thankyou for sharing
I think it's an interesting site. It's quite fascinating to see a trend where likes and upvotes are now translating into virtual currencies. Unless Facebook and Instagram also join the band wagon soon, they might finally become obsolete.
Thank you for the information. Detailed and interesting.
Wow this is so cool.
Do you think it would well, to put it bluntly, cause an influx of selfie-loving model-wannabes to be in this trend (Trend. Punny haha.)
As much as I believe in fashion blogging, I just wonder how much importance they would place in just pure, superficial image.
Just my 2 cents. Thanks for sharing @simonjones
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I only got like 30% of it. It's very interesting thought ^^. It seems that facebook will have lots of competitors in the near future ^^
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The blockchain really is limitless
nice post,
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