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A London-based startup, UHIVE, has announced the development of the world’s first social network platform with physical dimension. The next generation, hybrid centralized/decentralized app is set to usher in a new era of digital existence by giving users the best of both worlds.
One Universe, Parallel Existence
UHIVE hybrid centralized and decentralized worlds work as two different states of existence. The former called the Civilised World is modeled after our current system with rules and governance, while the later – called the Grey World – is anonymous and unregulated.
The Civilised World is a centralized, online space governed by rules and regulations that all users must abide by. Users will have access to their own individual profiles (walls-spaces) and connect with other users, sharing their personal information, likes, interests, and affinity with the appropriate spaces on the network (e.g. “fashion”, “politics”, etc.)
The Grey World embodies an anonymous and wholly non-regulated blockchain-powered space for users to freely explore their interests and express their thoughts and opinions. This liberated space allows users to mingle with each other anonymously, create private groups, and own their own privacy. Because this world is bound by centralized rules, users will be able to create their own adventures and stumble upon new and exciting events that could greatly broaden their scope – or open their eyes.
Adding New Dimensions to Physical Spaces
Compared to the traditional model, UHIVE offers vastly significant benefits to marketers, influencers, and consumers alike. Brands and ad agencies no longer need to scout for high traffic spots when looking to deliver content, rather they can simply select any of UHIVE’s high traffic spaces and target specific audiences.
The network will also create a sustainable economic model for its ecosystem by giving back a significant portion of its advertising revenue to its users to ensure user loyalty, and organically promote the growth of its token.
UHIVE Token, The Heartbeat of the Nexus
UHIVE new hybrid blockchain ecosystem is powered its native cryptocurrency. The tokens are being offered to the public through a Token Generation Event (TGE) in two phases:
Pre-TGE and Main TGE. 3 billion UHIVE tokens will be on offer during the company’s Pre-TGE, scheduled to take place on April 11, 2018, and run through to April 30, 2018.
14 billion tokens will be put up on offer from May 2, 2018 – July 15, 2018, during the main TGE event. During this event an extra 3 billion tokens will be given out in bonuses contributors to the event, bringing the total of UHIVE tokens released during these two phases to 20 billion. The remaining 60 billion out of the total 80 billion tokens minted will be issued to exchange platforms, the UHIVE team, and advisors.
UHIVE beta app is slated for release on Android and iOS devices sometime in October 2018. The company has also announced that it will be giving out between 1,000 to 10,000 free UHIVE tokens to anyone who joins its Telegram group and remains a member until the end of the company’s TGE. Those interested in doing so can join through here.
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