Global Social Chain

Global Social Chain

GSC
$0.00152797%4.39

Key Metrics

Price$0.00152797
Real Volume (24H)$0
MarketcapN/A
Fully Diluted ValuationN/A
ATH$0.15254
ATH Date5/29/2018, 6:47:30 PM
ATL$0.00089647
ATL Date12/18/2022, 9:43:03 PM
Circulating SupplyN/A
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity Rank9918
Chart
What is Global Social Chain?

Global Social Chain (GSC) is a blockchain-based social network platform that aims to offer a more efficient and secure social networking experience. The platform intends to address the issues of centralized social networks such as low social efficiency, information security, and uneven community content quality. By leveraging the power of blockchain technology, GSC seeks to create a more transparent and decentralized social network that benefits all users.

One of the significant features of GSC is the protection of user information, restructured ownership of digital assets, and a value-oriented social network that fosters a friendly and healthy social environment. The platform uses smart contracts to provide an open and decentralized system that ensures transparency and fair user credit evaluation. Smart contracts work as protocols on the blockchain and solve transaction problems.

To achieve its objectives, GSC developed MICO, a mobile-friendly social network designed for the global market. The platform's whitepaper highlights that MICO is an 'intelligent social recommendation system based on interest,' offering users an enriched online experience. To enhance security and privacy, the platform introduced a reward mechanism that uses GSC tokens based on Ethereum.

The GSC chain has four layers: the base layer, service layer, interface layer, and application layer. The base layer integrates a distributed database, and at the core of this layer, GSC is a service system customized for content-based social platforms. The GSC comprises an e-wallet to store assets and a licensing system to ensure user ownership. The interface protocol enables developers to implement various applications, while the application layer aims to promote ecological prosperity. GSC's main product features are GSC coins, digital wallets, safety systems, and license systems.

The development of GSC's blockchain started in May 2017, and in October of that year, a digital wallet and token GSC test were carried out. The official operation began in January 2018, with Sean Su serving as the chairman of GSC and Evan Ye as the senior chief scientist.

In summary, Global Social Chain aims to revolutionize the social networking space by leveraging blockchain technology to create a more transparent and decentralized system that benefits all users. The platform seeks to promote a healthy social environment, protect user information, and ensure ownership of digital assets while fostering a value-oriented social network. Through MICO and the reward mechanism, GSC aims to offer users a richer online experience while promoting ecological prosperity.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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