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Hiveway Ico Review: The first decentralized fully-autonomous social network

About Hiveway

Hiveway objective is to supply the choice everybody expects in relation to social networks: a platform that doesn’t promote your consideration of 3rd events for their very own profit. With a purpose to obtain this, hiveway will likely be utterly autonomous when it comes to self-governance, utilizing a democratic system during which the complete group will vote on the folks liable for operating it from inside, and on the course, it develops in the direction of.

Basic Information

Token Name WAY
Token Sale 340,000,000 WAY
Social Media
Token Price  0.000125 ETH
Platform Ethereum
Token Supply 400,000,000 WAY
Hard Cap 30.000 ETH
Accepting ETH, BTC
Whitepaper Click Here For View Whitepaper
Website Click Here For Visit IO Homepage

The Goal

Its users will be able to post and interact with messages, photos, and videos. The social platform will be ruled by its users, through an electoral system, with technocratic values. The users will receive the right to vote on the development of the platform, to run for a position in managing it, and to vote the candidates they believe more competent for each position.

The platform features and the internal economy will be fueled by the Way Token. All the users and miners of the platform will benefit directly from the content they create, excluding the involvement of any intermediary player. hiveway will offer client targeting options and marketing tools to its users and to any party involved, in exchange for the Way Token. The gains will be distributed directly to the platform users, according to their followers on the platform, and the activity on all the other social platforms on which they activate.

Values

at present’s social networks depend on the customers must combination and obtain affirmation for his or her actions. Since their conception, their techniques have developed an increasing number of in the direction of promoting the customer’s consideration to third events, fairly than fulfilling their elementary wants. The company is actually at some extent the place the customers of a community solely obtain entry to the platform’s primary private utilities, in trade for his or her complete exercise on that platform, whereas the platforms themselves make monumental quantities of cash by promoting entry to those customers consideration to manufacturers and entrepreneurs worldwide. We see no drawback in promoting this entry for promoting, so long as everybody has a selection in it, and so long as the financial income attain the group whose consideration is being bought.

Decentralization and data protection

All data of the network will be kept in many network nodes, run by miners, with no central authority having access to any of it. These nodes will communicate with each other to ensure network synergy without threatening data security and confidentiality.

Anti-counterfeit measures

Each hiveway user will be uniquely represented in the platform. Anti-counterfeit mechanisms will ensure, using a picture, alias similarities algorithms, and behavior on the platform that profiles are genuine and that public influencers cannot be impersonated by malicious users.

Fair Marketing

This platform will be fueled by the Way Token. The token architecture will bring a new dimension to social media: fair marketing. Users will be able to build ads, to the target audience, and those who will be reached by these ads will be compensated with Way Tokens. If you opt to see ads, each time one shows up, an amount of tokens is automatically transferred to your platform wallet. This way, a brand’s marketing budget will directly reach the targeted consumers.

Full Autonomy

We could not fully disrupt the social media paradigm, without completely transforming its governance to the community that created it. Using predefined rules, Hiveway builds a virtual company management structure, with functional skill-based positions. All community users can be candidates to key functional positions in this company and will gain mandates. These positions, based on their nature, will allow users to pitch, vote and perform platform improvement projects. This way, the governance of what will be the social network of the future is performed by its community, enforcing a truly democratic system.

Features

The hiveway network will be comprised of interconnected autonomous nodes, filled with different people, interests, languages, and needs. The nodes are run by Hiveway miners that will receive tokens as a reward for sharing their hardware resources. To provide initial capacity requirements, the platform will have a minimum number of 3 nodes deployed in the Amazon cloud.

The feed will contain posts from people who you follow, who followed your feed, from people who push or favor the posts that appeared on your friend’s timelines, from the people you’re hiving with, the people that endorsed you or the ones you endorsed. Users will have the possibility to set exactly what information they receive on their feed.

Profile

Your profile will contain a score of how many times you said something, how many people you follow, and how many follow you. Your profile will contain a range/radius level, featuring a score number based on how many followers you have on hiveway each thousand representing one unit. The company will also take note of how many followers you have on Twitter or Instagram, friends on Facebook or other influence meters from other networks that you provided access to. Each thousand from external networks will represent a half unit.

Searching

You can use the globally available search bar in hiveway to search for the following items:

//Hashtags – Hashtags known to your node will show up in this search. Clicking a hashtag will run a search for public posts that are known to your node and are tagged with the selected hashtag. The search is limited to posts that are known to your node.

//People – If you search for @username, the search will show you users known to your node with that username. Search results can also include people on other nodes. To be more precise, you can search with @username@node, which will return anyone with that name on the given node, even if they are not known to your node yet.

Skill audit and endorsements

To be able to participate in the network governance or to receive ad compensation, the user must provide
sufficient information about himself, his education, skills and work history. To be able to participate in governance, users skills will be audited by the Skills Board and will receive a score that measures their validity. Users can also receive an endorsement from other users with a minimum of 300 followers. Each user can only endorse one other user.

Push, Favor, and Hive

You can Push posts, this will push it to the top of your feed, and make it visible to all the people who follow you. By favoring a post you send the user a notification letting him know you agree with him. Hiving is creating a linked post to another users’ post. Readers will be able to read through all the posts.

Post Rules and Privacy

Users will be able to report posts to the Ethics Board. The Ethics Board will be comprised of undisclosed random users, from various nodes, as long as they provide a proper skill background. Upon reporting, a minimum of 4 board members will check the post and will decide if it can stay on the platform. If a majority is not reached, another 1 will be assigned.

Team
Member
Gabriel Harasim – CEO | FOUNDER
Matei Cornea – CTO
Elena Laura Carcu – ENGAGEMENT COORDINATOR
Paul Ovidiu Barbus – LEGAL

Also Read – Click Here for Read All ICO Review

This article is writing on 2 July 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

The post Hiveway Ico Review: The first decentralized fully-autonomous social network appeared first on Coinworldstory.



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