Sola is the next generation decentralized social platform that incentivizes and benefits all involved parties — users, third-party developers and the core team. The name Sola is an acronym for “social layer.”
Sola is an open ecosystem, which means that most of its source code will be made open source and available for audit, improvement and usage by anyone.
IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.
What is Sola
Social Information Network
There are two general types of social media — messengers and social networks.
Messengers are private networks as they are mostly used for private communications and their content is private by default.
Legacy social networks (Facebook, Twitter, etc.) can be categorized as semi-public networks. Despite most of their content being public, you are required to establish connections with other users in order to receive information without which such semi-public networks are useless. By making connections, you define your content. However, instead of choosing information directly, you choose sources of information. You effectively create filter bubbles for yourself. The system is restricted by its own rules, and it cannot show the content that falls out of filters. Moreover, legacy social networks were initially intended for communication among friends, so their feeds are a heavy mix of general and personal content.
Reddit comes closest to our definition of a social information network. Its content is not intended for friends but for the consumption by general audience. It does not require users to establish connections to use the service and it still provides a way to fine-tune the received results. Reddit has one of the most visited resources on the net despite the fact that it has not changed a lot in the last 12 years and was not fully aware of the Mobile First concept, at least in 2011. Thus, there are a lot of possibilities.
Sola is a public social information network with a strong financial incentive for all involved parties to follow the rules of the network and to develop it together. Its content is produced by quality-oriented users for the global audience instead of just the user’s friends.
Summarizing the above written statements, it is safe to call social information networks as a hybrid of a social and a media network.
DetailsPublic sales: Nov 27, 2017 - Dec 22, 2017
Token supply: 127,864,775 SOL
Total tokens for sale: 49,500,000 SOL
Soft cap: 750,000 USD
Hard cap: 5,000,000 USD
Raised: 2,233,700 USD
LegalBlockchain Platform: Ethereum
Office address: Geneva Place, Waterfront Drive, P.O. Box 3469, Road Town, Tortola, British Virgin Islands
Token infoTicker: SOL
Token price in USD: 1 SOL= 0.1 USD
Accepted currencies: BTC, ETH, BTS
33% token sale
37% future development
2% early users rewards
18% incentivize the community
5% experts, advisors
5% legal, operations
Offices on the map
Idea takes shape
iOS and Android app lauched under Plague name
Reached 150K users
Forced to change name to Plag
Hit 100k active cards per day Mar 2015
Full-featured web client
Transformation from Plag to Sola begins
Sola internal alpha release
Sola public beta
Sola app release
Token sale start
Token sale end
Decentralized operations on a blockhain Q1 2018
+Direct advertising self-service platform +AI spread algorithm +AI parsing of any external content into a card format
Decentralized media storage
+Connectors platform for pay per engagement model +Completely distributed immutable service