SoCo SNP Project and Foundation Officially Launches

SoCo SNP News
SoCo SNP
Published in
2 min readJun 28, 2018

JUNE 28, SINGAPORE. The SoCo SNP Project and Foundation officially launches.

SoCo and SNP is a blockchain technology-based platform that will decentralize today’s current social networking application ecosystem. SoCo SNP plans on returning the ownership of social assets to individuals, so that users, not platforms, can profit off of their own social assets with Social Coin (SoCo).

The founding members of SoCo SNP are Mingliang Jiang, Roderick Chia, and John Li. They are from Singapore and the U.S.

Jiang, a serial entrepreneur and member of the Management Committee at the National University of Singapore (Suzhou) Research Institute, will lead SoCo SNP’s strategy & operation processes. Chia is the founder of rodVENTURE and managing director of IDM Venture Capital Ventures, and will be in charge of SoCo SNP’s marketing & finance endeavors. Li, who has over 20 years of experience and 21 patents in the P2P distributed networking industry, will oversee the social chain technology development.

The SoCo Foundation has already received funding from famous cryptofunds such as PreAngel, Fenbushi Capital, etc., who have committed to being their cornerstone investors.

TO LEARN MORE:

*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: https://t.me/socoSNP

“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.”

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SoCo SNP News
SoCo SNP

Using blockchain technology to build a decentralized social networking ecosystem so you can #TokenizeYourSocialAssets.