SoCo SNP Becomes Partners with Blockchain Platform Zilliqa
SEPT. 14, SINGAPORE. — SoCo SNP announced a partnership with the world-renowned blockchain platform Zilliqa today. The two established a relationship to promote Zilliqa’s decentralized ecosystem, which will be supported by the infrastructure of SoCo’s Social Network Protocol, allowing for the monetization of social assets in the new dApp ecosystem they develop together.
“Starting a partnership with Zilliqa is a great move for us to explore the power of social assets. We believe SoCo SNP can do much more with blockchain technology, and at a more rapid pace, when partnered with Zilliqa,” said Mingliang Jiang, a founding member of SoCo SNP.
Zilliqa is a blockchain platform building a coherent and decentralized application community, giving businesses the tools to join the blockchain world and become more efficient and secure. Some existing Zilliqa-based dApps are involved in advertising, media, payment networks, etc. Zilliqa’s goal is to foster a “mass adoption” of blockchain technology and “support high throughput use cases.”
Headquartered in Singapore, Zilliqa is designed to scale securely in an open, permission-less distributed network and support thousands of transactions per second, in contrast to the 3–7 transactions per second Bitcoin and Ethereum require. Such a feat makes it all the more likely for blockchain to become more ubiquitous and accessible in society.
Zilliqa also joins a number of well-known institutional investors as a member of SoCo’s presale. Past presale participants include SIG Susquehanna, PreAngel Fund, Legend Capital, Panda VC, etc.
About SoCo: “SoCo and SNP is a blockchain-based project aimed at decentralizing the social networking ecosystem. SoCo, the official token currency, is what users will use to evaluate and monetize their social assets. Social assets are the valuable online data a user possesses, which include personal profile attributes (name, hobbies, status), social relationships (friends, followers), and social behaviors (likes, posts, sharing). Users and apps alike are able to use SoCo to conduct transactions, allowing apps to incentivize users to invite friends and engage in the app’s activities while rewarding users for their social assets. This promotes a healthier, more trusting relationship between apps and users. SNP is an open and extensible layer protocol that allows apps to have social capabilities, as well as provides users with a secure wallet of social assets, accessible by the user’s private key only. Ultimately, SoCo SNP plans on returning the ownership of social assets back to users and deconstructing today’ social networking structure in order to provide the world a more transparent, interconnected and innovative online experience.”
LEARN MORE ABOUT THE SOCO SNP PROJECT:
*Video Explanation: https://youtu.be/6rzqektoUZA
*Website: https://soco.social
*Whitepaper: https://github.com/soco-snp/whitepaper/raw/master/social_coin_white_paper.pdf
SOCIAL MEDIA:
- TWITTER: https://twitter.com/SoCoSNP
- FACEBOOK: https://www.facebook.com/SoCoSNP/
- Telegram (ENGLISH): https://t.me/socoSNP
- Telegram (VIETNAMESE): https://t.me/SOCOVietnam
- Telegram (FRENCH): https://t.me/SOCOFrance
- Telegram (ITALIAN): https://t.me/SOCOItaly
- Telegram (TURKISH): https://t.me/SOCOTurkey
- Telegram (INDONESIAN): https://t.me/SOCOIndonesia
- Telegram (JAPANESE): https://t.me/SOCOJapan
- Telegram (RUSSIAN): https://t.me/SOCORussia
-Reddit: https://www.reddit.com/r/SoCoSNP/
