Slothee is a revolutionary social networking platform that lets entrepreneurs and business executives to build meaningful connections to help them grow their business. Harnessing the power of blockchain technology, Slothee addresses the major concern of data security and privacy any social media user is worried about.
With Blockchain technology catching the interest of the internet, let’s explore how this groundbreaking technology could take social media networking by storm.
SOLUTION ON THE WAY
With different players collecting more and more data on the users and using big data to their advantage, it will become imperative that users will look for safer avenues. Blockchain is the way forward and in a way is truly a democratic tool that would decentralize the power and control over the data.
We are still in the early days of using blockchain in real world applications to prove the tangible benefits of the technology. With both startups and corporations showing interest in this growing technology, it is only a matter of time until blockchain technology takes over the world.
Slothee have created a business networking app, Slothee. The app is currently in its MVP level is now live for download on Play Store. With our commitment to data privacy we are progressing to upgrade our app into a DApp based on Whisper protocol. Slothee is set to position itself as pioneers in the use of blockchain technology in the social media industry.
THE ECOSYSTEM
TOKEN ECONOMICS
"Slothee will run the world's first IEO that provides a quarterly Buyback & Burn program to increase the valuation of SLO tokens."The SLO Token is an Ethereum based token under the ERC20 standard. The premise of the digital token SLO is to be the “exclusive membership” and utility based token designed to fuel the activities of the Slothee ecosystem, applications, and its network.
The total token supply for SLO will be 400,000,000. A total of 280,000,000 tokens (70% of the Total token supply) shall be offered in the upcoming public sale. Any unsold tokens shall be burned.
Public sale Tokens will be distributed within 15 days after the token sale ends.
Token Details
Platform Name: Slothee
Ticker: SLO
Type: ERC20
Total tokens: 400.000.000 SLO
Decimals: 18
Date: 15 May 2019 - 28 June 2019
IEO's Token Supply: 280.000.000 SLO
Price: $0.08
Hard Cap: $19.000.000
Token sale: May 15 - June 28 = 20% bonus
Token distribution
Public Sale: 70%
Advisors - 10%
Team - 10%
Bounty & Airdrop: 5%
Reward Pool: 5%
Budget Allocation
37% Customer Acquisition
30% Integration Acquisition
25% Product development
8% Operations
Roadmap
Plan 2019- BLOCKCHAIN Q1: Worked on the data bottleneck and decided to solve it through the power of blockchain.
- TOKEN SALE Q2: Going for 15 days Pre-sale during May 2019 and 45 days Crowdsale after that.
- MARKET FIT Q3: Develop a product that can be market fit. Product to adopt Whisper v6 or higher version and become a DApp. Identify, Target and Acquire users from "Beachhead" market segment.
- BEACHHEAD Q4: Foreseeing the business networking professionals in the West Coast as the Beachhead segment.
- 100,000 Q1: Achieving a respectful mass through active user acquisition strategies of Event partnerships and Online campaigns
- FIRST REVENUE Q2: First revenue from "Business Premium" account activation expected during the second quarter.
- 1,000,000 Q3: Frugally use the Token proceeds to increase customer acquisition and hit a significant mass within the third quarter.
- M&A DEAL Q4: All set for shopping synergistic heavy ventures that will increase Slothee's revenue, profitability and valuation.
More informations
Website: https://www.slothee.ioWhitepaper: https://www.slothee.io/documents/Slothee_White_Paper.pdf
Telegram Group: https://t.me/SlotheeOfficial
Telegram Channel: https://t.me/SlotheeChannel
Facebook: https://facebook.com/slotheeofficial
Twitter: https://twitter.com/slotheeofficial
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