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#Advertising & Marketing, #Arts, Fashion & Media All projects

SocialMediaMarket: decentralized marketplace connecting social media bloggers and advertisers

The first decentralized marketplace connecting social media bloggers and advertisers

stage Ended crowdsale

4.2 Rating

by 3 users


    KPLs

    • Employees32

    Traction

    March, 2016

    Founded Digital Marketing agency

    December, 2017

    Soft Cap successfully reached

    February, 2018

    LAUNCH OF SOCIALMEDIA.MARKET BETA


    Team

    4
    man Dmitry Shyshov

    CEO, Founder

    A passionate entrepreneur, the CEO and founder of R.Games and Nontita Limited, operating in games and Esports industries. Over the past 3 years R.Games sold more than 10M games and became one of the top private game retailers. Nontita Limited operates on a market of virtual items and digital goods, being the entity behind CSGO.CASH - popular marketplace for virtual items. As an early adopter of influencer marketing strategy, Dmitry has a vast experience in it, as well as understanding of the internal operations on the market.

    man Aleksandra Morozova

    Co-founder, Chief Marketing Officer

    Alexandra is the marketing person behind the R.Games and Nontita Limited - the one, who is working with influencers in Game and Esports industries on daily basis. She has more than 10 years of experience in digital marketing and worked on marketing campaigns for Apple, Sony, Dell, Asus, Lenovo, Microsoft Xbox, Fibrum.

    man Maksym Churkin

    Tech Lead

    Maksym is an experienced full product modular architecture specialist and Scrum master. He has more than 7 years of technical expertise in development of SaaS applications. Maksym is responsible for all the technical parts of the project, making the SocialMedia.Market platform go live.

    man Viktor Perekhod

    Business Development Manager

    Viktor has more than 8 years of expertise in building strategic marketing campaigns for new products and identifying new business opportunities. He has over 2 years of experience in KPMG (Big Four accounting firms) and worked with numerous industry leaders, like Volvo, Samsung, Vodafone, G2A.


    Advisors

    4
    man Alex Yastremski

    Advisor

    San Francisco, California
    Blockchain regulatory/compliance expert. General counsel at Bitfury Group Ltd, Fintech counsel Bingham McCutchen LLP.
    Influencer Marketing is rapidly gaining popularity among brands and marketers as one of the most effective advertising tools. SocialMedia.Market solves problems related to Influencer Marketing and has the potential to completely change the digital advertising industry.

    The project impressed me with its ambitious goals that could increase value for market participants and maximize sales for marketers. With the team’s expertise, this project can become a successful and effective all-in-one solution for digital advertising.

    man Chafik Abdellaoui

    Advisor

    Entrepreneur, the founder ACBMC, Bizzant, and XEDYAS IT HYBRID SOLUTIONS.
    The person behind G2A explosive growth, as well as contributor to Mobile Go ICO success. Chafic is an accomplished business development professional with an extensive experience in eCommerce, gaming and electronic payments.
    Esports was always my passion and I hold a firm believe in the industry. After several years in Esports I realized that its potential is way beyond imagination.
    As Esports rely strongly on vloggers and streamers, I believe that the organized influencer marketing ecosystem will become a tripping point for the industry. SocialMedia.Market creates an opportunity, one can’t ignore.

    man Slavik Nenaydokh

    Advisor

    COO, Centuria Natural Foods, San Francisco, CA
    Head of M&A Emerging Markets, Exigen Capital
    Principal, Delphi Software International
    SocialMedia.Market is wisely leveraging their know-how in a bid to enact social marketing change.
    Finally, creating more of an equilibrium in a David vs Goliath market setting and balancing out the right type of money connecting with the right type of influencer that understands how to deploy each and every dollar in the most effective way toward the right type of audience. I am humbled to participate in this vision with the SocialMedia.Market team and am looking forward to walking along side them throughout its stages of corporate maturity.

    man Peter Zhalov

    Advisor

    Former VP Marketing & Advertising at Wargaming.net, eSports and blockchain enthusiast.
    Today consumers use ad-blockers and ignore traditional digital advertisements. Influencer and eSports Marketing are becoming two most effective ways to reach Millenials and Generation Z audience. These growing exponentially markets are among the most attractive for disruptive businesses.
    Socialmedia.market has the solution of creating a transparent marketplace for Influencer Marketing, and I'm excited to join the Advisory Board of this project.





    Crowdsale details

    Distribution of tokens
    • Crowdsale (80%)
    • team (10%)
    • platform core functionality (5%)
    • partners and advisors (5%)
    Budget allocation
    • RESEARCH & DEVELOPMENT (37%)
    • MARKETING & EDUCATION CAMPAIGNS (38%)
    • ADMINISTRATIVE & OPERATIONAL (12%)
    • INFLUENCERS & AGENCIES BONUSES (8%)
    • LEGAL (5%)
    Details Indicators
    Token Symbol SMT
    Full Token Name Social Media Token
    Pre-crowdsale Start February 2nd, 00:00 GMT+03:00
    Pre-crowdsale End February 9th, 00:00 GMT+03:00
    Crowdsale Start February 9th, 00:00 GMT+03:00
    Crowdsale End Hard cap is reached or March 16th, 00:00 GMT+03:00
    Crowdsale Hard Cap Fixed, 16000 ETH
    Domain registration date 2017-08-02
    Domain owner Registration Private, Domains By Proxy, LLC, DomainsByProxy.com 14455 N. Hayden Road, Scottsdale, Arizona, UNITED STATES

    Cost of the token

    1 token for 0.0004 eth

    Price without discounts

    Bonuses

    Minimum contribution amount: 0,1 ETH / 250 SMTs
    Maximum contribution amount: 300 ETH

    Pre-crowdsale
    Bonus Dates Minimum purchase amount
    20% February 02 — 09, 2018
    Crowdsale
    Bonus Dates Minimum purchase amount
    15% February 09 — 13, 2018
    10% February 14 — 28, 2018
    5% March 01 — 16, 2018

    Accepted currency

    • Bitcoin
    • Ethereum

    Rate the project

    Estimate the project on a five-point scale or switch to the simple scale

    Five-point scale Simple scale

    Relevance of the problem and Market size

    1 2 3 4 5

    Product competitiveness

    1 2 3 4 5

    Founders, Team & Advisors

    1 2 3 4 5

    Budget allocation and roadmap

    1 2 3 4 5

    Token economy, Tokenization & Business model

    1 2 3 4 5

    Distribution & Lock up of tokens, Discounts for early buyers

    1 2 3 4 5

    Summary rate the project

    1 2 3 4 5

    Rate the project by other users

    3
    James Young May 17, 2018
    Rating of project
    4.3

    Advantages

    Amazing project, with a clear vision and ambitious roadmap/milestones. I am not a social media expert, however, the white paper says everything and in a clear way which makes it understandable for the mass investors. Budget allocation looks pragmatic, as this area has a lot of challenges for the mass audience.

    Risks and disadvantages

    Honestly, I don't see any major issues so far, just due to my scepticism, the objective of $10 M turnover sounds pretty optimistic, however, see what happens, as I said, I am not an expert on Social Media and wish best of luck to the Team.

    Comments

    Very impressive project with a solid explanation/white paper and supported by the explicit model, including the technology architecture (which looks really amazing for me).

    Alexandr Gonchar May 12, 2018
    Rating of project
    3.8

    Advantages

    SocialMedia.Market constitutes a platform that connects authors and advertisers. It's an interesting project that uses blockchain technology and its internal cryptocurrency to maintain the infrastructure.

    Risks and disadvantages

    With all novelty of the idea and blockchain technology usage, the project little chance of success. There are a lot of working projects on the market that use their own cryptocurrency to monetize bloggers' content.

    Comments

    The project could gain great popularity if it showed up several years ago. This market is overcrowded with similar proposals, which already work all over the world and many of them are quite successful. Nothing distinguishes the project among other, and the lack of own funds for the start cast doubt on the whole implementation.

    Jordan Semanda March 28, 2018
    Rating of project
    4.3

    Advantages

    it gives a chance to all content creators to monetize their content.it connects companies to efficient social influencers, the project has a wide market base for potential growth. the traffic statistics are promising the team has a well functional press team. Smart contracts enhance transparency. It brings a direct connection between brands and bloggers plus other social media influencers. It prevents unauthorized human intervention which ensures genuine interactions. The project will redefine digital marketing

    Risks and disadvantages

    Acceptance of only one cryptocurency will affect market growth. The project might take long to catch up as expected.

    Comments

    The project is a good one with a very bright future.Its aiming at enhancing the lifestyles of the many existing social media influencers providing a ready market for the project. it will also enhance the advertising strategies of the company. Many bloggers do a lot for enterprises in terms of marketing but end up underpaid or not paid at all the smart contracts issued by the blockchains will ensure benefit of all parties involved in the transaction. With the press system the project will be able to reach millions of people. More so with the general migration of the currency from the traditional legal tender to digital currencies.The project also has no significant competition in the general cryptocurrency market. Influencers are more trusted by the society since they constantly interact with many people on social media the projects pros out number the cons making a successful project in the near future.


    FAQ

    FREQUENTLY ASKED QUESTIONS

    HOW TO PARTICIPATE IN SOCIALMEDIA.MARKET CROWDSALE?

    The first phase of the public token sale started on DECEMBER 7, 2017, 12:00 PM PDT (-7 UTC). The token sale will last till December 21, 2017, 12:00 PM PDT (-7 UTC) or as soon as we reach the hard cap.

    To participate in SocialMedia.Market crowdsale you should sign up to your personal account on our website and buy Social Media Tokens with BTC or ETH.

    WHO STANDS BEHIND OF SOCIALMEDIA.MARKET?

    The team behind SocialMedia.Market has years of expertise in entertainment, marketing, analysis and product development. Being one of the biggest private game retailers we have sold over 10 million of games in the past 3 years. We have also created a popular marketplace for virtual items — CSGO.CASH. It has almost a million active esports players monthly selling their in-game items.

    Games and Esports industries were the first to discover enormous potential of influencer marketing. Therefore, we were among the early adopters of the strategy, learning by hand all the drawbacks and problems of influencer marketing. We have unique insights of how the industry operates and how to make everything simpler and better.

    WHAT IS TOTAL SUPPLY OF TOKEN SMT?

    Token sale phase 1: 20% (phase hard cap 10.000.000 tokens)
    Token sale phase 2: 60% (phase hard cap 30.000.000 tokens)
    Reserve for platform core functionality: 15% (issued after token sales)
    Reserve for partners, bounty and advisory board: 5%
    Based on the number of tokens distributed during both sale phases, 15% more tokens will be issued for platform core functionality and 5% for partners and advisors. This will form the total amount of SMTs ever issued.

    Given that the hard cap of both sale phases is reached, the total amount of Social Media Tokens will be 50.000.000

    WILL YOU HAVE ANY DISCOUNTS / BONUSES?

    During the crowdsale we have a bonus 10%.

    WHAT PAYMENT METHODS DO YOU ACCEPT?

    The payments are accepted in ETH and BTC only. PLEASE, NOTE! Regardless of the currency you choose for contribution (ETH or BTC) you need to have the Ethereum wallet address (Master Wallet) in order to receive SMT.

    HOW THE TOKEN CAN BE USED?

    SocialMedia.Market’s core functionality will be maintained by a utility token — Social Media Token (SMT). SMTs will be nessasry to create and pay for marketing campaigns, to pay for additional services and tools within the platfrom (e.g. support of personal agent for blogers; adhanced tools and researches for brands), to pay for self-promotion campaigns by bloggers.

    All token holders will be able to earn rewards in SMT within the platfrom by participating in dispute system.

    Also, SMTs will be transferable outside the platform. Social Media Token holders will be able to operate on largest digital currency exchanges, where potential platform users will be purchasing SMTs in order to use platform services.

    DO YOU HAVE A BOUNTY CAMPAIGN?

    Yes, we are running a bounty campaign. Follow the link to check the details — https://bitcointalk.org/index.php?topic=2321059.0

    HOW TO CREATE AN ETHEREUM WALLET?

    Here is a short guide on how to create a wallet in MyEtherWallet. The process for other wallets is similar.

    STEP 1. Visit MyEtherWallet, enter a strong password and generate a wallet.

    STEP 2. Now you need to store your Private Key. There are 3 ways to do this.

    Download a .JSON file with an encrypted version of the private key. It is compatible with geth, mist and myetherwallet. Also it requires a password to decrypt (Keystore).
    Store unencrypted version of your private key by downloading it in a .JSON file.
    Copy paste a .JSON file from the website.
    To get an additional level of security for your wallet you can use the Keystore (encrypted) feature.

    STEP 3. Make sure to save your wallet address or the QR code. You have to give a sender a public key in order to receive transactions. You can copy the text format or the QR Code. Your QR code can also be used to create a paper wallet.

    HOW TO BUY SOCIAL MEDIA TOKEN?

    To buy SMT you need to register on SocialMedia.Market.

    After registration, you will need to confirm your email address by following the link in confirmation letter.

    Next, enter your Ethereum address which will be used to send you Social Media Tokens. You can change your wallet after registration.

    NOTE! Regardless of the currency you choose for contribution (ETH or BTC) you need to have the Ethereum wallet adress (Master Wallet) in order to receive SMT. If you buy tokens with Ethereum, please, BE SURE that the wallet you used for contribution in ETH matches your Master Wallet for SMT enrolment.

    After entering ETH address, you will be redirected to personal account. There you can find all the necessary information for buying Social Media Tokens using BTC or ETH, such as:

    Change your Master Wallet
    See your balance of tokens
    Transaction history
    Calculate contribution rate in BTC or ETH
    FOR CONTRIBUTING IN ETHEREUM

    For contributing in Ethereum you need to send ETH to the SocialMedia.Market Ethereum address shown in your personal account. SMTs will be credited to your personal account and will become transferable after final token sale.

    Minimal contribution amount — 0.01 ETH.

    Please, be sure the wallet you used for contribution in ETH matches your Master Wallet (you should add it in your personal account) for SMT enrolment.

    In order to contribute, we recommend using MyEtherWallet or other ERC20 token standard compatible wallet.

    NOTE! Do not send ETH from cryptocurrency exchange wallets like Bittrex, Poloniex etc. This will lead to irreparable loss of your funds.

    FOR CONTRIBUTING IN BITCOIN

    For contributing in Bitcoin you need to send BTC to the address shown in your personal account. This address is unique and linked to your personal account. Do not give this address to anyone.

    Contribution amount in SMTs will be calculated and credited to your account upon 3 confirmations. SMTs will become transferable after final token sale.

    Minimal contribution amount — 0.01 BTC.

    NOTE! Do not send BTC from cryptocurrency exchange wallets like Bittrex, Poloniex etc. This will lead to irreparable loss of your funds.

    HOW DO I PROFIT AS MEMBER OF SOCIALMEDIA.MARKET TEAM?

    First of all, holding a token grants you an ability to participate in Decentralized Dispute Solution System and being rewarded for your voting with more tokens.

    Next, we are issuing tokens for advertising platform, working on the biggest growing online advetising market — influencer marketing. Market size almost tripled in the last two years and going to hit at least 10$b cap till the end of 2020. So you will be holding an in-demand tool for advertisers and influencers all over the world.

    NOTICE: USA, Chine and Singapore citizens will not be able to participate in the pre-ICO, but will be able to participate in the main token sale (from the 9th of February to the 16th of March). More detailed information will be announced soon. You may double check the full list of banned countries in the token sale policy by the link below — https://socialmedia.market/assets/pdf/SMM_TOS_eng.pdf


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