Hello,
This is to introduce to you all, this new fascinating project in the blockchain technology world- Social Wallet and WIRE Token aimed at enabling its users to send and receive cryptocurrency over existing social media networks in a simple, quick and secure manner more than ever.
How it works
Social Wallet is a first of its kind platform designed to enable cryptocurrency to be sent easily, quickly, and securely over today’s existing social network infrastructure.
No prior setup is needed by the recipient, nor any advanced knowledge of the transaction itself. Social Wallet allows individuals to send cryptocurrency directly on the platform, through Facebook, Twitter, and Email; with many more platforms to be included in the following months. Pick a celebrity, an influencer, a friend, or anyone else you wish and send them cryptocurrency on any social network platform.
The applications of this platform are as vast and plentiful as social media user’s interactions are.
To send cryptocurrency to anyone in the world is executed in 4 simple steps:
• Select the social media platform you want the recipient to receive the cryptocurrency
• Enter the social media username of the recipient
• Select the amount of cryptocurrency
• Send!
Receiving the sent tokens is even easier: the receiving party can receive the sent currency either by-
• Receive the cryptocurrency if they have already signed up through the Social Wallet platform or
• Be prompted through an easy sign up process to receive the cryptocurrency.
With multiple social media networks available to our platform, combined with its ease of use, this platform is scheduled to surpass the likes of Western Union, PayPal, Venmo, and WeChat, to become the new leader in the massive global remittance business.
WIRE Token
Social Wallet is a blockchain platform powered by the WIRE token. The WIRE token is a utility token that fuels the Social Wallet platform. WIRE’s “utility” designation derives from its function on the platform.
It is initiated by the payer, meaning the person receiving the funds, does not need to be aware of the transfer in order to receive money and the WIRE token is the accelerator for social media transactions.
The platform serves dual utility roles thus:
- requires WIRE, in the form of a transaction fee, to facilitate the sending process and
- The WIRE token is the cryptocurrency that will be sent to the recipient’s social media account
For the above reasons, one must own WIRE in their account for the platform to function.
The WIRE token is highly preferred for its ability to be split, spent, or shared to an endless unit.
Subsequently, the beneficiaries can utilize the received tokens in their account for varieties of purposes including but not limited to:
• Make a purchase utilizing their Social Wallet Debit Card
• Send WIRE to friends, family, or colleagues on social networks or through email
Or
• Keep WIRE in their wallet for future use.
Social Wallet is launching a promising Token Sale which the minimum number of tokens one can purchase is set at $100 USD within the cryptocurrency you are using. The available currencies to purchase WIRE in is Bitcoin (BTC), Ethereum (ETH) and Litecoin (LTC).
Find more about this all promising Token launch, visit:
bountyhive.io/r/ogbonnajunior