Social Wallet Q & A
We have just completed Round 2 of our WIRE token sale. The Round 3 Bonus is set at 15%. All together we have received 6270 Steem in just over 2 weeks since adding Steem and SBD to the available purchase options. If you haven’t noticed, we love Steem and powered up all of it! BuildTeam’s first advisory duty to integrate Steem/SBD into our token sale was a great success. We have heard from purchasers that our token sale is one of the smoothest they have ever been a part of. We thank BuildTeam and our awesome development team for making this sale so seamless.
Entering Phase 2, BuildTeam and Social Wallet are concluding the necessary programming for an Airdrop and Bounty Program exclusively for Steem. This will give everyone on Steem to catch themselves some WIRE tokens. The Bounty Program will be plentiful with many additional ways to accumulate a healthy stack of WIRE before our launch date on April 28th. More details to follow shortly.
Q & A’s
We have been getting a lot of comments and questions on our posts. Lets walk through some of the most common to provide more clarity on what our Social Wallet is and how it is going to change crypto:
Q: What is Social Wallet?
A: Social Wallet is a platform that essentially works like an exchange. Any coin/token that we allow on our platform has capabilities to send cryptocurrency directly over social networks like Facebook and Twitter.
Q: What is WIRE token?
A: WIRE is the token is the functioning token on the platform. WIRE is used as transaction payment for someone sending over social media (Think Binance Coin). It doubles as the first token listed on the Social Wallet platform that can be sent across social media. Wire is a masternode token. 35,000 tokens are required to run a masternode to receive elevated rewards.
Q: How is this different than Reddcoin?
A: We get this one a lot and we love to answer this question because our answer really showcases our platforms technology. We say this all the time, but we state that we really like RDD before we answer this question. Probably the #1 feature that sets us apart from all cryptocurrencies is what we like to call our “Zero Knowledge Recipient.” What that means is the person you are sending cryptocurrency to needs no prior setup or even knowledge the transaction is happening. Normally, both parties need to download a wallet beforehand, share addresses, and finally the transaction occurs. With our technology, the end user receives a message on social media notifying them they have received cryptocurrency. This message also has a link embedded. When they click the link to accept the tokens, it populates our platform automatically where the user can easily receive the tokens. We just eliminated the biggest barrier to entry into cryptocurrency! Awesome right?! Now we can send crypto through social media just as easy as Venmo and PayPal sends and receives fiat.
Q: Other cryptocurrencies will be listed on the platform?
A: Yes, Just like an actual exchange, there will be an application process and listing fee. We are opening up cryptocurrency to the 2.5 billion people who are on social media. In the first fiscal year, Social Wallet will integrate at least 14 of the top 20 social networks in the world into our platform. There is no limit to the quantity of coins we can list on our platform. However, Social Wallet is a premium platform that will only list premium coins.
Q: When will your platform be ready?
A: It already is. We have a fully working platform that will be released at the end of our token sale on April 28th.
We welcome all the questions we get and we want more. We feel the more everyone knows about what our platform can do the more excited they will be about the unlimited possibilities of the technology.
The Social Wallet Token Sale
We are in Round 3 of our Token Sale where the bonus is still elevated at 15%. Our platform is fully operational so buying these tokens will give you immediate access to our platform the day after our sale ends on April 28th. Traditional purchase options are available such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) as well as Steem and SBD. Come join what will be one of the most used blockchain platforms in 2018!
For more information visit us on the web at www.socialwallet.io.
Want to help make a better Steem community? Allow @socialwallet to hold your witness proxy to make the Steem ecosystem better than ever!
Need another option? Try using this simple SteemConnect proxy link!
Give us feedback
Social Wallet is a platform that has specifically been created for our users. We want people who have very few technical skills to have an opportunity to join the cryptocurrency community in an easy and fun way. Take a moment to leave a comment below and tell us how we are doing!
Join the Social Wallet Discord chat
Do you have questions left unanswered? Would you like to be part of the Social Wallet community? Take a moment and join our discord room by clicking on the 'Join discord chat' button below!
As soon as I started reading this I thought sounds similar to red coin :-)
However, as the article went on and then the FAQ you answered it perfectly
Good luck with the launch and project.
Yes! Its going to be the marketplace where all the top cryptocurrencies get listed to utilize social media transactions.
Sounds awesome!!
I have added it to my research list.
Good luck again :-)
You guys keep up the good work!
Cheers
@socialwallet
Loving this project and in full support, have already acquired me some in 1st round hoping to get some more soon.
QUESTION: When and how is the air drop to happen? Is there anything I need to do to make sure I am included?
Do not want to miss out on anything, lol :-)
Thank you, and best of luck, I am spreading the word as much as I can.
We will announce it soon. Just don't want to set a date and not have the programming lined up for Steem. I don't like to miss deadlines. It's difficult because everything we do for Steem is custom programming. Takes more time than everything else we do. The fact that what we do program for Steem is flawless should give everyone a big boost in confidence about this project!
Thank you for reply. And I do appreciate the fact that you would rather announce things when they are ready :-) That does make a lot more sense.
This platfrom will bring social media into new level and will be next viral.
Versão em Português / Portuguese Version
I will Join the Social Wallet Discord chat to get more information. Thank you for sharing.
The founders and team are very active on Discord and Telegram.
Thank you for your support.
Congrats you have been selected by the Steemvoter (SV) Guild, keep up the good work and helping make Steem great!
Note: You should receive many guild votes in an hour or so, enjoy!
@markvance maybe this is the concern you mentioned to me.
@socialwallet The More I read the More I Love the WIRE Token and the FACT that it is Ready to go on April 29th. Now I just need to get more extra funds to add to my Stack !
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That's a really interesting resource bro!
Thanks for sharing i have been wondering how it works i think i might get a coin or two sincr you support purchases using sbd
What affiliation does Ranchorelaxo have with you? I notice he is upvoting all your posts. He doesnt upvote posts for nothing, so somehow you must be directly affiliated?
No affiliation at all. I don't even know who he/she is. Must just be a fan of what Social Wallet is doing. I am cool with that...everyone should be a fan!