Dextract Posted January 7, 2018 #1 Posted January 7, 2018 This is so damn good its just like sphere another coin like onz that pays for using their social media What is ONZ coin ? It is a coin that will be launched that pays user just for using their social media network Overview ONZ team strongly believes that the sense of true belonging is the fundamental human need, our need to connect and interact with each other to live. But nowadays, we face a crisis of separation arising from a split of lotus in politics and ideology. When people turn against from each other distrust and rage, that are lonely, untethered and scared. ONZ team reckons that with technology the team may be able to do something about it. Technology Model The principle idea of ONZ is to integrate social media platform with DPOS blockchain technology to transform appreciation on social media platforms into ONZ cryptocurrency network as a transferable token. The value of the ONZ token will depend on how the community recognizes it in terms of real value. ONZ is transferrable if someone could send ONZ to others as appreciation in real life. The value of ONZ token will be primarily based on the trust in the community, and the system will consist of the following components: ONZNet - DPOS crypto backbone The backbone of the platform which takes care of all of the transaction with DPOS blockchain technology, the fastest, most efficient, most decentralized and flexible model. ONZCoin - Social Value Unit The value carrier throughout the platform. The value of ONZCoin is varies with the recognition and level of trust of the whole community. It not in physical form but it exhibits properties similar to physical currencies and allow instantaneous transaction and borderless transfer of ownership. ONZProbe - Social Media Adaptor ONZProbe is the key component that ONZ team will be focused on because it will be the only channel to integrate with social media platform. ONZProbe not only a software development sub-project but a key negotiation the team need to bear with aiming to social media buy-in for the integration. ONZScale - Social Media Weighting Bot ONZScale is the second most important subproject which ONZ team will be focusing on, algorithm needs to be developed to evaluate the data feed from ONZProbe on an individual. In order to quanify the social media weight of the individual, which is very important because that weighing will be transformed into a certain amount of ONZCoin. ONZStamp - Social Asset Stamping Bot ONZStamp is a component ONZ team would like to have in order to digitalize social media asset, to verify whether a post is the original or not. ONZ team is promoting social media copyright but technically the team need a way to distinguish original and repost in order to evaluate it with different weighting. ONZWallet - Digital Wallet Which everyone in the community keeps their ONZCoin, each wallet has a unique address which basically the identifier in the network. It just like the bank account number, all transaction are from/to individual ONZWallet address. ONZ Wallet Compared with other ICO projects, ONZ blockchain is an established decentralization network running by a group of supporters. You can download the ONZ wallet to get ready for receiving your first ONZ coin. They also have made android wallets and ios wallets are in alpha testing LInk : https://www.onzcoin.com/ If link not clickable please copy and paste. Thanks
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