The Social Wallet Initiative: When Cryptocurrency Meets Charity!

in #socialwallet7 years ago



Have a quick look at our brand new video:

Social media sites like Kickstarter, GoFundMe, and Fundly have shown how generous and charitable random strangers on the Internet can be. Social Wallet knows this. We know and understand the potential of blockchain and cryptocurrency, and its ability to change people’s lives for the better. We are bringing charitable social media exchanges and cryptocurrency together, to enhance the lives of everyone.

The Social Wallet Initiative: Crypto Giving Back

The Social Wallet Initiative is the passion project that the entire team at Social Wallet truly believes in. There is so much faith and goodwill behind this project that 10% of the funds earned from the WIRE token sale will be allocated to it.

“We value the benevolence of the human spirit, and we want to give back to the communities that have supported us,” states Jack Brown, Social Wallet CEO.

The Social Wallet Initiative aims to promote these stories of kindness, innovation, and empathy, in order to foster a community that cares for one another. One way that this will be accomplished is by highlighting exceptional stories of charity and growth. Social Wallet, through this initiative, plans to increase the knowledge of cryptocurrency and the blockchain to people who have not yet adopted cryptocurrency, thus furthering the giving and goodwill experienced through our platform.

What Do I Do? Where Do I Sign Up?

Getting involved with Social Wallet, and the Social Wallet Initiative is as simple as using our platform. Since we have focused on being easy-to-use, considering that we want to introduce as many new people to cryptocurrency as we can, all you have to do is sign up for an account, login, and fund your account with the WIRE token. Once you’ve done that, you are ready to start sharing and letting the love of charity enfold you.

And how you donate or give is entirely up to you. You’re scrolling through your Facebook feed and see that an old friend has run over some glass on the highway on their way to work. All four tires, flat. They don’t have the money, and you want to help out. All you do is send them some WIRE through our platform, and they are on their way to a new set of tires.

Your favorite animal shelter, the one you adopted your furry friend from, has rescued a large amount of animals from an abusive situation and posted a profile for each animal on Twitter. Some of the animals are sick, but can get better with the right amount of treatment, and that costs money. You feel your eyes well up, and a weight pressed against your chest. You don’t have to send off a check, you just log in to your Social Wallet account and send them some WIRE to get those animals to their loving and caring forever homes.

The Objective


Social Wallet, and that Social Wallet Initiative, want to become a place of inclusivity and humanity. Social media has connected the world more than any other technological achievement has. And, it has also made us more caring. We will amplify the positive messages that surround us. The power of cryptocurrency and the blockchain have enabled this to happen, and we plan on celebrating that. Together, through our efforts we can make our world a better place to live for both ourselves and future generations.

The Social Wallet Token Sale

We are in Round 2 of our Token Sale where the bonus is still elevated at 20%. 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. If you haven’t heard, BuildTeam, our partner, has helped us integrate Steem and SBD as purchase options! Traditional options are available as well such as Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). 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.



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Charity School Project. You can support Us by upvoting and resteeming our posts. To support Us daily just delegate or donate some of your Steempower to Us. @satoshischool

@socialwallet Interesting concept, but I would like to know, how it's completely different from RDD as you might be aware of RDD launching their Redd-ID where you'll be able to transfer funds without a crypto address, and seems like they are also working hard to make it work with almost every social media platform.

There are others as well. And what do you think of STEEM upcoming update & if other social media starts building their own blockchain (This is quite a possibility)

Thanks for the questions. I will develop each answer for you. So for starters we want to say we like RDD. Our platform will be integrated across 14 of the top 20 social networks in the world by the end of the first fiscal year. This is not the case for RDD. Next, with our platform we have what is called a Zero Knowledge Recipient. This means the person you send tokens to needs no prior knowledge or setup to receive funds. Once they get their notification on the social network that you sent the tokens to, all they have to do is click to accept and the funds are immediately available. It is my understanding that you have to pre sign up your Redd-ID to receive funds. While this is adequate for people currently in crypto, it provides zero reach to people outside of crypto. Our platform has seamlessly taken care of this issue, in turn, opening up crypto to 2.5 Billion people to receive crypto without prior set up. We feel their is tremendous value in that. They have also been working on their project since 2014. We feel our platform and technology is premium to anything on, or currently in production, in the marketplace today. In all honesty, RDD should reach out to us about being listed on our platform. It would help them tremendously.

We love Steem. Look at our account if you don't believe us. We have powered up everything we have gotten in token sale purchases. Steem is amazing but confined to its own ecosystem. Social Wallet breaks Steem out of its bubble to reach any social network it chooses. We aren't competitors with Steem. We are the amplifiers of this great network. Very key designation there.

As for all other potential competition within social media. We expect it. A few social networks are talking about their own token. We have 3 tremendous advantages:

  1. We will be first to market with a truly universal social network platform. Our coins will be spread across every social network. Not just 1. That is a MAJOR advantage.

  2. Social Networks will not form an alliance. They will only have their own coin on their own network. Again, we will be the one universal token that transcends the confines of each social network.

  3. We are a platform. We can list any coin we want (Like an exchange) on our platform and they will instantly have access to utilize our technology to send across any social network of their choosing. That is HUGE.

We will be one of the most used platforms in all of crypto in 2018. You can count on it. Right now no coin has access to social media on a universal scale. Can you imagine any coin in the top 100 not wanting to expand their potential reach by being listed on our platform? We can't!.

Hope that helps!

Correct me if I'm wrong.. so it's like an "universal crypto wallet" but for Social Media?

A universal social media exchange for crypto. Yes.

That is why I love this project. You have a clear vision of where you are going.

yeah it really sounds like a great idea that can easily point new investors to your service but sending out an airdrop genius idea and promotional tool!

I agree with you @darsico it's a really good initiative. Appreciate the team behind cause.

Very interesting platform. A few questions. Does the receiver have to have a wallet? If not, where does the crypto go? Does the other social network have to approve the transaction and if so do you have this approval already? Thanks and it sounds really cool.

Nice questions. The receiver does not have to have a wallet when you send it to them. Thats one of the great features that will help attract mass adoption. Once they receive the notification on the social media account that you sent it to, there will be a link to click to accept the tokens. That link populates the Social Wallet platform and wallet on their end. They tokens are already in their account for use! Its so easy to use. Secondly, we have programmed a platform that works along with social networks. No need for their approval! There was no way we, nor anyone, would get all social networks to agree on anything lol. We had to program the platform to account for that. We have actually done it. The platform is built and ready to go. The only thing left to get out of the way is our current token sale. We can't wait for everyone to start using Social Wallet to spread crypto around the world.

Great I like it, This is amazing news and I'm so excited. Can't imagine where our community will be in one years time.
But I can't figure out how dose it really work? So if anyone can help me out, please do.

Look at our prior post. We show the demo of the platform.

I've been hearing about Social Wallet from @kennethbosak - gonna check it out, thanks!

Yes! He found us at the Dallas Bitcoin Superconference this last week. He is SO excited about our platform. He makes us laugh every time he starts talking about us because of the enthusiasm of when he speaks.

This is a very interesting concept. Sites like Go Fund Me have helped so many people and with crypto becoming more and more mainstream this seems like a natural extension. It also seems like it would make it easier to transfer funds because there is no bank account or anything to connect to....no middle man!

Exactly! We are just developing different use cases and aspects of our company and platform in these posts. This platform is essentially the crypto version of western union, paypal, venmo, kickstarter, gofundme, and many more all wrapped up into one. It is going to be a massive platform.

Its concept is intellegently done! If they will follow their platform, then somehow it will lift the image of crypto. In the early 2018, crypto image was stained by the numerous scandalous event that took place within the cryproworld - sudden crash of bitcoin, exchanges were hacked, government banned crypto & etc.

Such an innovative project to power up the online fundraising or any other kind of transaction. People who are providing lots of value online for free can use this to get random tips from generous strangers online. This would help them to provide more and more value in the future.

Bascially these people are everywhere. You don't need to copy paste a complex wallet address or scan a QR code, just the username of the receiver on a particular social media is required.

Right now, round 2 is ongoing with 20% bonus token and I think it is the best time to get in. I am glad that teams are working very hard to make this project a success and I am sure this will get mainstream very quickly. Cheers @socialwallet.

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