Monorеto - A New Generation Social Network

Data for January 2018 shows that 2.5 billion people on Earth use social networks every day and post a variety of content ranging from text and photographs to comments and likes. Social network users can be sorted into three categories Professional bloggers, opinion makers, photographers (when creation of content is a source of professional income). Regular users who post quality content but don’t have the opportunity to monetize it. Regular users who do not create quality content (or any content at all) but make use of someone else’s product (photographs, posts, comments).

The overwhelming number of social media users is the audience (the third category). They usually do not create their own content but actively use social networks, ranking and commenting on content posted by others and also communicating with each other. This is the audience that creates the added value of a social network as a product. Each of these user categories needs to have several important psychological and economic attributes Creative fulfillment, Compassion, Recognition of talent and professional skills, and Earning income.

Professional bloggers will easily be able to join our social network and earn additional money and users who create quality content but have not received any monetary reward for it can start getting a regular monthly income. Monoreto encourages people to create quality photo and video content and enables talented users to earn from what they produce and be motivated to create more. The most popular content will be highlighted in the Monoreto newsfeed and allow content authors to expand their audience. Monoreto will help raise funds for charity. For the first time, likes can end up helping save someone’s life or make their dreams come true! The platform can also help raise money to implement business ideas. Our team is also developing a mechanism for Monoreto users to easily publish their Monoreto content on other social networks (Instagram, Facebook, etc.) with a single click. We understand that it’s hard to abandon other social networks. That’s why we are trying to simplify this process as much as possible and create additional value through income generation.

The biggest problem of existing social networks is their “ungratefulness” for the efforts made by ordinary users that create content. On existing social networks like Instagram, Facebook, Reddit, Twitter, VK, and many others, users generate quality and unique content without any compensation at all. No users of these popular social networks get rewarded for their content by the network or other users.

Monetization of content through advertising is usually done by hyped bloggers and photographers who decide which advertisers to cooperate with as well as new authors who advertise questionable goods and services to earn money. The structure of most social networks does not value the idea of likes as promotion of the content’s author. This leads users to like things even when they don’t really like the photo or video and also like things for the sake of attracting new followers. But even if the like is legitimate, it still doesn’t bring direct benefit to the author.

To solve this problem, a team of specialists has developed the innovative Monoreto platform. Monoreto is a social network that monoreto.com Gives every user the opportunity to earn from posting photos and videos Increases the significance and value of likes and improves the overall quality of content Reduces the need for blogger ads as a monetization method Makes fake likes and bots unprofitable. The cost of a like in MON tokens will be the U.S. dollar equivalent of 5 cents. If the user wants to thank the author of the content with more than the equivalent of 5 U.S. cents, it will be possible to transfer a greater number of MON tokens with the like. All MON token transactions will be made using special wallets that are connected with personal user accounts. It will be possible to convert received MON tokens to major cryptocurrencies (Bitcoin, Ethereum, and others) in the wallet. Conversion from major cryptocurrencies to MON tokens will also be possible in the wallet.

Review

The Monoreto social network has huge potential. In order to outline the structure and advantages of Monoreto, we will provide several examples of how this system can be used in different spheres. Monoreto will make communication even easier and more convenient. Every Monoreto user will get modern social networking tools Improved timeline of posts with photos and videos, Comments on posts to keep in contact with followers, Stories function, which allows for creation of photos and 10-second videos with overlaid text, emojis, and handwritten notes. Creating original content takes a lot of time and effort for bloggers. The main source of monetization of resources used by them remains advertisements for goods and services. But ads often come across as annoying or are met with the decision from subscribers to “Unsubscribe!” Sometimes bloggers, especially those with a small audience, end up having to advertise questionable goods and services in order to make money.

Monoreto helps bloggers free themselves from dependence on advertising since popularity is something that will also result from a large number of monetized likes. Monoreto also helps foster relations between bloggers and subscribers with less annoying advertising in posts and a more loyal audience. This all goes for live broadcast videoblogs as well as regular blogs. The majority of bloggers have live broadcasts and get a large number of likes for them. Even though some services like Twitch give the opportunity to include Internet resources for monetization of the stream, Monoreto offers its own solution to give rewards from subscribers to bloggers in the form of a backed cryptocurrency.

Monoreto allows for distribution of advertising content in a natural environment on the social network and influences its popularity. Making it to the top on Monoreto are not only accounts that bring in the most likes but also the accounts of users that support interesting projects (top donators). In liking quality content of other users, the business account itself climbs upwards on Monoreto’s smart feed and gives information to potential consumers through content. A businessowner thereby gets a real return on advertising investment and his money ends up going to his favorite photographer, blogger, actor, or even another business he decides to support instead of to some advertising intermediary. In addition to organic opportunities for promoting businesses through quality content and encouraging potential customers, Monoreto will provide an advertising office to business accounts for spot advertising. Ads will be included on banners and speciallydesignated places on the web version of the site. Monoreto will incorporate native spot advertising on its mobile application.

The Monoreto social network will offer fast and user-friendly attraction of funds for companies through the monetization of likes. Every Monoreto user can take the role of professional investor, selecting companies and projects and investing MON tokens for development of the business. Monoreto will help transform investment from a complex and bureaucratic process to the simplicity of just liking a company and automatically transferring MON tokens. Companies will be able to carry out business and advertise on the social network (as is the case with other social networks) and also attract real investment for development and communication with investors, making mutual agreements based upon results of profits from invested funds. Monoreto Investment is a process that will attract investment into technology start-ups and use MON, Monoreto’s internal token. Monoreto Investment will allow users to invest in projects by liking them. Returns on investment will be delivered with help from contracts that lay out return of likes from the start-up’s account to user accounts after a set period of time.

Monoreto lets users take a new look at online video contests with cash prizes (similar to the popular HQ Trivia app). Monoreto will provide these quizzes without advertisements and create a winners’ pot from user contributions. The quiz offers a number of questions and multiple choice answers. 5-10 seconds are allocated for each question. Incorrect answers lead to disqualification of participants after each question. Users who answer all questions correctly can win a MON token prize.

The Monoreto platform and MON tokens will be created with NEM technology. NEM is an open source blockchain platform supporting smart contracts to process transactions. Cryptographically-protected smart contracts are applications that have complete tracking stored in the NEM blockchain and provide automatic fulfillment of obligations. It’s possible to switch from NEM to a personal platform. New Economy Movement (NEM). A cryptocurrency written in Java and JavaScript. A feature of this currency is creating a blockchain with innovative use of the Proof-of-Importance algorithm.  The Monoreto platform will include a classic application in the form of a social network that uses blockchain technology for transactions. This will allow posts to be published for free and provide for secure transactions. The application will interact with blockchain via the chosen blockchain’s API. A convenient REST API similar to Facebook Graph will be available for developers. Every application will get its own unique ID number that will be required when interacting with the site. Applications that are scams or of poor quality will be banned.

Monoreto is registered in Singapore as Monoreto Pte. Ltd. The company’s main office is located in Moscow, Russia. The top managers, founders, and main developers are situated in Russia and they comply with all federal, regional, and local laws there. Monoreto’s advisory board includes professionals with many years of experience in blockchain technology and legal studies. The Monoreto team is able to provide the best legal support for its ICO thanks to its broad expertise and active participation.

The new Monoreto social network serves as an attractive platform for having a personal account. Monoreto will bring about the same kind of revolution in the social media sphere that the .com era did in the 2000s. Monoreto’s key user applications are basic software (for web browser and mobile app) and a set of APIs, libraries, and SDK packages that will allow third-party developers to create their own platform add-ons (similar in nature to the Facebook Graph API).

Formation of the real value of the platform will take some time as this requires attracting a sufficient number of users. The first 500,000 users will be provided with a small startup capital that will be required to get familiar with the platform’s functions. 18% of MON tokens are planned to be distributed among them. Another 5% of tokens are planned to be distributed through various marketing campaigns designed to increase Monoreto’s Internet popularity. After the platform’s launch, the Monoreto team will focus on promoting the project among bloggers, celebrities, and large companies that provide goods and services. We expect that celebrities and opinion makers that open accounts on the platform will bring in new users.

Token & ICO

The Monoreto development team is currently working on the platform and preparing a fundraising campaign. The MNR app token will be released under the ERC-20 standard with limited release in order to hold the fundraising campaign. Distribution of tokens will be done by a smart contract. Raised funds will be used to launch the platform and to develop it further, to finance advertising and marketing, and to regulate the platform’s operation. The distribution campaign for MNR ERC-20 tokens (pre-ICO) is scheduled to start on 10 May 2018 and continue to 10 June 2018. MNR tokens available during the pre-ICO period will be distributed no later than 1 month after the crowdfunding campaign begins or until the pre-ICO hard cap is reached. The campaign’s launch date will be posted on the monoreto.com website, on social networks, and on other channels.

ICO Detail

Pre-ICO	Soft Cap: $200,000
	Hard Cap: $800,000
ICO	Soft Cap: $1,000,000
	Hard Cap: $15,000,000

Bonuses by Time of Purchase

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By : Arlonk

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ETH Address : 0xCC028E8465c39c8B5D250431c82239dc7EE48a6d