SELFLLERY - The Multifunctional Social Platform

Selfllery is a multifunctional social platform that allows you to receive payments in crypto for social activities that you engage in, related to the publication and distribution of visual content. The product concept and version was originally designed in early 2016. The selfllery reward system uses an ERC20 token built on Ethereal blockchain technology.

SELFLLERY aims to create a sustainable Visual content monetization platform for everyone. It will enable users and company to monetise their Photos and videos by integrating latest Blockchain technology.

Many services are offered by the platform to monetize your Photos, such as selling in the stock photo, participating in the advertising campaign or participating in the photo contests etc. You can earn on your social media activity too and get a rating on the website.

DOUBLE LOYALTY

Selfllery has a loyalty program to reward their most popular users. When are they
Given for Likes with tokens, their token count is counted progressively
loyalty multiplier, which increases the number of tokens received.

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

Initially, YOU tokens are generated during the TGE based on the Ethereum platform. Buyers receive YOU in exchange for Ethereum (ETH) tokens by sending a payment to a smart contract that generates YOU tokens. The smart contract address will be published on official SELFLLERY website one day before the TGE start.

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 

TGE will have two stages: pre-sale and main sale. At the pre-sale stage, YOU tokens are offered only to whitelisted buyers, whereas during the main sale tokens can be purchased by anyone. During pre-sale, early buyers can buy YOU tokens at a discount. For discounted YOU tokens, the minimum purchase amount is set at 10 ETH and tokens are locked up for at least one month after the main sale ends.

YOU Token buyers receive their tokens immediately when a ETH smart contract transaction in processed. Token rewards for bounty program members, advisors, project teams, as well as tokens for the reserve and reward funds are distributed only when the TGE is completed.

The bounty program tokens are distributed to the program members on the TGE end date. Advisor tokens are locked in for one month from the TGE end date, while the project team tokens are locked in for six months. Tokens for the Reserve and Reward Funds will be sent to specified addresses on TGE end date. Addresses will be published on the SELFLLERY website one day before the TGE end date. These funds, together with YOU tokens collected during TGE, will be available for use by the SELFLLERY project team from the moment these Funds are set up, and the team will report on spending on their blog.

The Reward Fund has been established to support early users during the first year of the SELFLLERY platform operation. Until SELFLLERY gains enough advertising funds, the Reward Fund tokens will be used to reward users for Likes, to recognize most active users, to congratulate winners in photo contests, to attract popular bloggers, etc. 

Users who register and actively use SELFLLERY during the TGE main sale will receive an additional multiplier for the monetization of their visual content. With this additional multiplier, once the platform launches the reward payments, users will start receiving more YOU tokens for the Likes they get

 

As SELFLLERY is a social platform, most of the collected funds will be spent towards attracting new users and developing product features.

Spending ETH tokens collected during TGE (except for Reserve Fund) will be controlled by a smart contract that will release and transfer funds to the project team according to the completed roadmap milestones. In light of recent industry news , which shows a human 3 factor hindering the successful implementation of the project, escrow will not be involved.

 

MORE INFORMATION : 

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