Social network HeartBout was designed to convert the time spent in social networking to user earnings, where users get their profit in the form of HBC tokens for their activity as authors and voters. The design and functionality of the social network HeartBout has been developed through deep analysis of different services. In HeartBout users can post photos, videos and video links from popular sources like Youtube. Within HeartBout we have developed a unique functionality - the creation of categories accumulating tags and challenges/bouts between user publications.
Convenient interface
The design of HeartBout app was carefully thought out. Through analysiszed of a large number of products with similar functionality, we chose the best way of presenting the application interface.The reward for activity
In HeartBout social network authors and voters can earn income with HBC tokens.The more often the user uses the social network, the higher the probability he/she has in earning HBC tokens.Competition
A unique feature is the “bout” function which allows you to create a competition between users and their content in whichwhere other users will be able to vote for their favorite publication. The winner of the challenge receives the originally placed bet and the amount of tokens bet by the opponent minus the fee of HeartBout. The bet can be placed with unlimited value.
Ecosystem
The economics of HeartBout is built on the basis of the advertising standard 100 HBC = DAU *U, guaranteeing the exchange of the issued HBC tokens at the request of the holder on the relevant number of ad impressions at the social network. Where DAU is the number of unique users who have visited the app during 24 hours U - advertising.The Reward system of HeartBout social network is built on a decentralized platform using blockchain technology. The authors, voters and miners get a reward in HBC tokens.
Emission
The issuance of HBC tokens is done on a daily basis. All emitted tokens during the day are distributed between authors, voters and miners. The issuance of HBC tokens, is limited to 200 per day. Voting with hot hearts affects the amount of emitted HBC tokens. Voting with cold hearts does not affect the emission, but can recover the power of "hot hearts" of the voter.Award author
The author of a post or comment gets 65% of the HBC tokens from the total emission. The award from a publication depends on the number of positive ratings – “hot hearts” and their power. The calculation takes into account “hot hearts”, received in the 24 hours after publication.Voters reward
The reward for voting with a “hot heart” is 15% of the HBC tokens from the emission for voter. The reward is distributed between users, who voted for the publication, subject to sequence number, “hot heart” and its power. To prevent attempts to drive up hot and cold hearts, a special mechanism is used to limit the amount of hearts available and the power of hearts, by establishinges a dependence between the number of used hearts and their power.
Reward for participants during bout.
Bets are placed by a challenger and must be confirmed by another participant. Thus, the prize fund is formed and consists of the challenger’s and the recipient’s amount of tokens. The winner gets a prize fund minus a commission for HeartBout social network.
- Miner reward
The miner’s reward is 20% of the HBC tokens from the emission when blocks in blockchain are made in accordance with the schedule. Blockchain Heartbout is able to make a schedule for the production of blocks every 3 seconds among the 21 delegates according to the rounds.
Social network HeartBout implements smartcontract: Token HBC and smartcontract ICO, the interaction between which occurs through a secure Protocol to call methods of other smartcontract provided by the creators of blockchain Ethereum. To comply with ERC20 standards, smartcontract token HBC has advantages in comparison with the usual tokens, ensuring safe operation with transaction token and providing information about the token. Administration access methods of smartcontract ensure the correct execution of the script and protect against attacks. All mathematical operations are done with security check through the connected library SafeMath, proven among developers of smartcontracts..
HeartBout Coins (HBC)
Advertising
With HBC tokens, ad views can be purchased of native advertising that will be placed in the feed of HeartBout social network. The advertiser can increase the cost per 1000 impressions (CPM) in HBC tokens to increase the priority, if one-time demand for advertising will exceed the capabilities of the system. However the advertiser retains the right to select the base cost, not exceeding $2 for every 1000 views at the current rate for HBC in the system, but in such case, the advertisement is shown in a priority sequence.Exchange
On completion of sale of tokens (ICO) 30 of June 2018, in July, the token HBC blockchain HeartBout will be available on the most reliable cryptocurrency exchanges. Distribution of HBC tokens will increase steadily. For maximum convenience, it is planned to develop its own internal exchange for the exchange of HBC tokens to other currencies.
Token Specifications
Purchase bonus
Distribution
Road Map
Meet the team
Partners
For more information please visit:
Website: https://heartbout.com/
Whitepaper: https://heartbout.com/HB-Whitepapper_eng.pdf
Facebook: https://web.facebook.com/Heartbout-1502342206487293/?_rdc=1&_rdr
Twitter: https://twitter.com/HeartBout
Author: Tosin David
My bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1180815
ETH Address: 0xccb98e6af2b1dbe621fbac6b48e6e98811fe1243
Dear @davidtosin, what an excellent project. Inspirational and amazing in so many ways. I will follow it and you as well for more info. Love the idea behind it and the team as well. Looking forward to more info.
wow amazing , i'm glad you liked it @cocktailguy Thanks