Selfllery - multifunctional social platform - Blockchain ANN - All About Cryptocurrency


Thursday, June 7, 2018

Selfllery - multifunctional social platform

What Is Selfllery ? 

Selfllery is a multifunctional social platform that allows you to receive rewards in cryptocurrency for social activities related to publication and distribution of visual content.The product concept and its first versions were designed in early 2016. The Selfllery reward system is based on blockchain technology. 

Loyalty Multipliers 

SELFLLERY has a loyalty program to reward their most popular users. When they are rewarded for Likes with tokens, their YOU token amount is calculated with a progressive loyalty multiplier, which increases the total number of tokens received. 

Selfllery Mission 

SELFLLERY enables people to make their visual content truly rewarding.
The purpose of SELFLLERY is to create an ecosystem that:
1. Enables users to monetize their photos, videos and live streams in a 

    gamified way;
2. Supports charitable organizations and makes donations easy for users;
3. Provides companies with easy-to-use and effective promotion tools that 

    involve user photos;
4. Expands the market of photo and video content for companies and news 

    services, with a convenient search functionality;
5. Integrates modern technologies and capabilities of blockchain into the digital  

    photography market, increasing the transparency and security of its 

YOU Token 

The SELFLLERY economic model is based on an internal asset, the SELFLLERY money utility token (YOU token). The YOU token entitles its holders access to
paid services on the SELFLLERY platform, to make purchases in the SELFLLERY marketplace and stock gallery, donate to charities, and make internal transfers and withdraw tokens to Ethereum wallets.

YOU token transfer happens when users receive Likes (‘Proof-of-Like’). The platform incorporates a deflationary mechanism, according to which the number of Likes required to obtain one YOU token isn increased every year relative to volume of users. Also, YOU token generation at TGE will be limited (See ‘Token Generating Event’).

Token Generating Event 

Token Generating Event (TGE) is an event when anyone can become the owner of YOU tokens. A token is a code element, which is used in the SELFLLERY platform operations to enable internal payments between its users.

Token Generation and Distribution 

YOU token price: 1 YOU = 0.001 ETH
The minimum goal (soft cap): 10 000 ETH
The maximum goal (hard cap): 55 000 ETH
Minimum purchase amount: 0.1 ETH





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