MONORETO - Social Networking Platform

Monoreto is a mix of Instagram, SteemIT, Kickstarter, a charity platform and HQ Trivia. It's a social network with monetization of likes. When you tap "like" button you send at least 5 cents in Monoreto tokens.

The biggest problem of existing social networks is their “ungratefulness” for the efforts made by ordinary users that create content. On existing social networks like Instagram, Facebook, Reddit, Twitter, VK, and many others, users generate quality and unique content without any compensation at all. No users of these popular social networks get rewarded for their content by the network or other users.

Monetization of content through advertising is usually done by hyped bloggers and photographers who decide which advertisers to cooperate with as well as new authors who advertise questionable goods and services to earn money.

The structure of most social networks does not value the idea of likes as promotion of the content’s author. This leads users to like things even when they don’t really like the photo or video and also like things for the sake of attracting new followers. But even if the like is legitimate, it still doesn’t bring direct benefit to the author.

To solve this problem, a team of specialists has developed the innovative Monoreto platform. Monoreto is a social network that:

Gives every user the opportunity to earn from posting photos and videos
Increases the significance and value of likes and improves the overall quality of content
Reduces the need for blogger ads as a monetization method
Makes fake likes and bots unprofitable

The majority of social networks have an exclusively one-sided type of user interaction:

If a user likes something, it is free support for the author who doesn’t have reverse feedback.
If the author is famous, desire to further promote the author is reduced because of the volume of likes that have already been received.
When 1 like = 5 cents in tokens, this problem becomes greater since real money that the user will have to part with is being deducted.

To solve this problem, a team of experienced Monoreto specialists decided to base their product on a simple and understandable mechanism to promote giving likes. The main point is that both content creators and users get benefits. The more likes the user gives, the higher his own rating on the user chart becomes. A low cost for likes allows people to do what they “like” and also gives them something to compensate for the fact that they are transferring money to do so.

Another serious problem faced by social media content users is the high number of advertisement posts. Young audiences strive to search out information on their own and are thereby annoyed by excessive advertising.

To solve this problem the Monoreto network will help talented authors break free from dependence on advertising. If content popularity is sufficiently high, authors will get a large number of monetized likes. This will promote relations between content makers and followers and increase audience loyalty as a result of the reduction in annoying advertisement posts.When monetizing likes becomes possible, this problem will become more serious because:

The rightsholder might not get revenue from his own product.
There is a possibility that a user who wants to support a creative person he likes will end up dealing with a scammer, be disappointed, and refrain from supporting others in the future.

In order to solve this problem, the Monoreto team will develop an automated mechanism to check content uniqueness when it is uploaded to the social network.

Monoreto is a social network that wants to reward users posters for their original content. This is a social network where users pay to like the posts that they really like and help boost the creators of original content and reward them in the process. Users who pay to give likes also move up in the feed.

Each like costs at least 5 cents in tokens. By giving likes you promote your account in the newsfeed (as well as by receiving likes), get a part of the platform's profit and other benefits. Zero transaction costs and all the mechanisms to motivate liking mean a lot of use cases (direct profit without ads, crowdfunding, charity, online quizzes with cash prizes etc).

Monoreto makes it possible to hold online quizzes just like in HQ Trivia. The main distinction, in Monoreto there is no need for ads. So, a winner’s pot in Monoreto online quizzes can be made from small users’ contributions (1-5 cents or more). In this way, Monoreto goes further than existing platforms with monetization of likes. The team creates a social network that will make the process of transferring funds as easy and profitable as possible. That is why the number of Monoreto’s use cases is limited only by our imagination.

Why Monoreto is Different from Other Social Networks?

Every Monoreto user will get the opportunity to earn money for managing his personal account. Posting quality photo and video content will allow users to earn cash rewards along with likes from followers and other people. Users will also be able to rate other content with the help of likes if this will promote their accounts in the newsfeed. This will lead to posts getting more likes from the same users. Unlike most other social networks, Monoreto will see winners among not only those who gain popularity but also among those who are sincerely ready to support authors of quality content.

Monoreto Benefits For User

Gives every user the opportunity to earn from posting photos and videos
Increases the significance and value of likes and improves the overall quality of content
Reduces the need for blogger ads as a monetization method
Makes fake likes and bots unprofitable

ICO AND TOKEN DETAILS

MNR is ERC20-compliant app token with limited emission. Each Like promotes your account in the news feed along with popular ones. Besides, you can pay by MNR for advertising on the platform. The possibility of convertation of MNR to internal tokens MON in equal proportions after the launch of the platform is under consideration.

Token Ticker: MNR
Platform: Ethereum
Type: ERC20
PreICO price: 1 MNR = 0.025 USD
Price in ICO: 1 MNR = 0.05 USD
Pre-ICO start and finish dates: 10 May 2018 – 10 June 2018
Pre-ICO Soft Cap: $200,000
Pre-ICO Hard Cap: $800,000

NOTE: During the pre-ICO, distribution of 6% of tokens with a 50% discount from the ICO price excluding ICO discounts (2.5 cents) is planned.

If the pre-ICO soft cap isn’t reached, all funds raised will be returned. If the soft cap is reached, an ICO will be held.