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Smoke Network (SMOKE)

ICO

Smoke.Network is a social media application for the cannabis community designed to reward users for their participation on a blockchain-based social network.

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Overview

Project industrySocial Network & Communication
Product typeDApp
FoundedBelize, 2018
WhitepaperSmoke Network White Paper Open

What is Smoke Network

Smoke Network is a decentralized immutable blockchain-based social network, that offers cannabis users resistance to censorship by governments and institutions. This creates an environment where cannabis content producers can post their content and build a base of followers without the risk of losing their work due to bureaucratic restrictions.Front-end DApps running on the blockchain, such as Smoke.io, have some control over the content they display, but they have no control over the actual data.

On Smoke Network, users are rewarded in SMOKE based on the number and quality of upvotes that their content receives on the network. The company's profile-scoring algorithm calculates the rewards for users based on the amount of SMOKE that they own on the network, as well as the authority of the user based on the quality of their own followers and content. Inflation is used to control the rate of new SMOKE per annum and all new SMOKE created is allocated to users.

Smoke Network utiizes a pseudo-anonymous structure, which allows to mitigate some of the user reservations traditionally associated with the legal cannabis market.

All the content on Smoke Network is curated manually by the users, who are rewarded with SMOKE for their curating efforts.

Details

Public sales: Apr 20, 2018 - May 25, 2018
Token supply: 122282995
Hard cap: 10,000,000 USD
Raised: 250,000 USD

Legal

Country limitations: United States
Registration country: Belize
Registration year: 2018

Token info

Ticker: SMOKE
Type: Utility-token
Token standard: No
Token price in USD: 1 SMOKE = 0.1 USD
Token distribution:
50% - Airdrop
35% - ICO
10% - Founders
5% - Bounty
3.83% - Private Sale
1.17% - Advisors and Marketing
Funds allocation:
35% - Product Development
25% - Business functions
25% - Marketing
10% - Team
3% - Legal
2% - Charity

Smoke Network Roadmap

1
Q4 2016

Proof of Concept
NodeBB Forum
Gamification System
Thriving Community

2
Q2 2017

First Whitepaper
UX Prototypes
Website Launch
Alpha on Steem

3
Q3 2017

Announcement
Marketing & PR
SMOKE UIA Token
Pre-ICO

4
Q1 2018

Website Update
Second Whitepaper
Pitch Deck
EOS Test-net API
Bug Bounties

5
Q2 2018

Smoke.io UI
Promo Video
Press Releases
Coin Offering
Marketing Bounties

6
Q3 2018

Smoke DApp Launch
Coin Swap
Coin Distribution
Strain Database Test
Strain UI Demo

7
Q4 2018

Strain Launch
Dispensary Test
R & D
Scaling Tests

8
Q1 2019

Dispensary Reviews
New Post Types
Virtual Summit

9
Q2 2019

Smoke Conference
Community Support
R & D

Project team

Joseph Ashburner
Joseph Ashburner
CMO / Co-Founder
Joseph Ashburner linkedin
Jonathan Hunter
Jonathan Hunter
CEO / Founder
Jonathan Hunter linkedin
Tuan Pham Anh
Tuan Pham Anh
Blockchain Developer
Tuan Pham Anh linkedin
Nathan Stern
Nathan Stern
Security Advisor
Nathan Stern linkedin
Jo-Ann Coetzee
Jo-Ann Coetzee
Outreach Manager
Jo-Ann Coetzee linkedin

Advisors

John Hesterman
John Hesterman
Amazon AWS Architect
John Hesterman linkedin

Social media

Smoke Network web-siteSmoke Network MediumSmoke NetworkYouTubeSmoke Network TelegramSmoke Network InstagramSmoke Network BTCTalkSmoke Network LinkedInSmoke Network TwitterSmoke Network Facebook

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