The EMOGI network builds the framework for censorship-resistant distribution of media. To effectively spread information in the modern economy, people, journalists and businesses are required to work with centralized, often agenda-driven intermediaries. These are the media giants of the world — both government-sponsored and monopolistic companies operating walled-garden content ecosystems. These platforms make the rules and have the power to anoint winners, naturally incentivizing cronyism. Through effectively deployed blockchain technology and a thoughtfully-designed incentive structure, the EMOGI network is a vehicle to eliminate the rent-seeking intermediaries standing between the people and the truth.
Problems & Solutions
Data from a centralized agent is often biased and untrustworthy. It represents a degree of objective bias and subjective self interest of its provider. Data Governance is an important problem because individuals and organizations are relying data on business decisions. Traditionally, data assets are provided and stored by the custodian, which requires a trust on the custodian which could often fail. Trust backed by math is something that people have always wanted but never achieved.
As a proposal to the aforementioned problems, the team proposes a hybrid decentralized solution to encourage unbiased data creation and enable sustainable, incentivized growth model. After analyzing a large number of case studies platforms, Emogi will developes a platform with the following traits:
- A business model that can generate sustainale profits at a low cost of data sourcing, storing and distribution;
- A platform that has a high level of user engagement, driven by proper incentives for all users in the community;
- High content data, whereby data must be self-selectively promoted and filtered.
Features & Highlights
- Berminal - Berminal (Blockchain + Terminal) is a realtime blockchain and crypto news sharing platform. Sources cover 11 languages and over 300 cryptocurrencies including BTC, ETH, XRP, and IOST, along with live prices and technical indicators. Armed with a team of professional news correspondents, Berminal is using crypto news as a springboard to revolutionize the entire news industry.
- Bermi - Bermi is a short video sharing platform for the Latin American audience, where the utopia of a decentralized social network is slowly taking shape. With the EMOGI as an arbitrator, any contribution to the network is rewarded correspondingly. Bermi currently reaches over 10 million users, and millions more are actively sharing their videos each month.
- Public - Earn, stake, and transact all with a mobile app.
- Unstoppable - Millions of participants uncensored by governments and banks.
- Convenient - Send money anywhere, near-instant, near free.
Token Sale & Economics
- Project website: https://emogi.io/
- Project whitepaper: https://docsend.com/view/jjvty8q
- Token sale start time: 2019-08-15 12:00 UTC
- Ticker: LOL
- Token type: ERC-20
- Total hard cap: TBA
- Total supply: 21,000,000,000 LOL
- Public sale token price: Round 1: 1 LOL = $0.000952. Round 2: 1 LOL =$0.001905
- Public sale allocation: 7% of total supply
Token Utility & Use Cases
EMOGI is a secure digital currency that can be sent person to person over the internet. Transactions have very low fees and are completed nearly instantly with no banks or governments involved. With EMOGI token you are assured of:
- Earning, staking, and transacting all within a mobile app
- Millions of participants uncensored by governments and banks
- Sending money anywhere, near-instant, near free
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