GSC (Global Social Chain) is the world's first new generation of social chain based on hundreds of millions of social users. It is determined to use blockchain technology to subvert centralized social networks such as Facebook, Line, and WeChat, and revolutionize the previous social network platforms as both "manager" and "arbitrator".

Project Introduction

Social is the most basic and most frequent behavior of human society. As the most important basic measure and trading platform of the Internet, social networks are the natural soil for the application of decentralized blockchain technology. GSC's vision is to use blockchain technology to reconstruct the next generation of decentralized value social network platform, so that data privacy and security and digital asset value return to individuals. GSC creatively solved the following industry pain points:

1. Protect the security of user privacy information and tamper-proof;
2. Reconstruct the user's digital assets ownership rights to prevent users' private data from being collected, utilized and harassed by the platform;
3. Build a value social network: use value to inspire and change the production, dissemination and distribution methods of content, so that the content created by users can be converted into their own value;
4. Establish a fair social user credit assessment system, create a friendly and healthy social atmosphere, and improve social efficiency.

Project Vision

The GSC project originated from the Mico team. In May 2017, after studying blockchain technology, the Mico team found that the pain points of social networks can be solved well through blockchain technology.

Mico is a mobile social platform for global markets, launched in February 2015. With its original "interest-based smart social recommendation system", Mico has opened up its own territory in the global social market monopoly monopoly by giants, quickly accumulating over 100 million users, entering the top five social rankings in more than 60 countries, becoming the world's leading open social platform.

Mico is committed to providing users with a more open and rich social experience, advocating eclectic self-expression, matching users who fit each other through precise algorithms, and encouraging users to break the boundaries of the real world and become friends with people around the world through functions such as "discovery" and "roaming". According to reports, in 2017, Mico's total news exceeded 100 billion times, and users threw out more than 1 billion "drift bottles", and the data performance was very eye-catching.

Based on the natural soil of the Mico content social ecosystem chain, after several months of trying to use blockchain technology to solve problems such as privacy data security, community incentives, etc., Mico's user privacy security, community activity atmosphere, etc. have been significantly improved and optimized. With the firm belief of using blockchain technology to reconstruct the next generation of decentralized value social network platform, so that data privacy and security and digital asset value return to individuals, the Mico team decided to use years of accumulated social product experience to combine blockchain technology to create the world's number one social chain, focusing on solving the challenges and problems faced by social networks. So the GSC-Global Social Link project was born. Our envisioned planning goals are:

Based on Ethereum blockchain technology, it develops functional services to solve pain points on its own Mico social ecological product matrix, such as gift system, reward system, copyright system, etc.;

Create a social public chain, based on the solutions and experience accumulated on Mico, and creatively develop a list of services to solve social problems, open to cooperative manufacturers, such as e-commerce, social, games and other fields;

Deep integration based on Mico can run decentralized application services based on GSC social chain development, attracting developers to develop customized service applications for Mico's massive users and needs. Create the next generation of social networks that subvert Facebook and WeChat.

Technical Advantages

GSC Coin: Tokens circulated on the platform can be used to purchase virtual gifts to reward

Digital Wallet: User's personal electronic wallet for storage, transfer, recharge, and withdrawal

Gift System: Virtual Gift System

Users can use GSC Coin to purchase virtual gifts and giveaways, and social interaction is accompanied by the flow of value. Fans can buy gifts for content creators here. When a fan clicks on a content creator’s gift link, the gift store will automatically pop up and display all the content creators’ customized gifts.

Safety System: Security System

Encrypt the user's core and private data on the decentralized network node, and return the user's private data and information to the individual, ensuring data security.

License System: Copyright System

The copyright system is built on the decentralized distribution system IPFS. Users publish high-quality pictures, videos and other content in the dynamics, and can be set as assets that require authorized browsing. Functional characteristics are:

Product charge authorization for high-quality content created on social platforms;

When the content is consumed, the income will be automatically merged into the e-wallet;

The system will count the use of resources. When it is found that the resource is abused, the user will be automatically warned and blocked through a smart contract.

Reward System: Reward System

In order to encourage users to create richer social interaction and high-quality content, we designed a reward system. The reward pool is a token pool specially used to reward contributors to ecological construction. The system calculates the social quality value SVN (Social Value Unit) of each participating user based on the algorithm every day, and rewards some contributors based on the ranking list. The reward pool is supplemented every day based on the reward elasticity coefficient.

Social Value Unit (SVN): Social Value Measuring Unit

This is a unit of social quality value for each user and is used as an important indicator for evaluating the quality of user value in the Reward System.

Algorithm:

SVN = POA + POC + POW
POA (Proof of Activity) - Proof of Effective Activity
POC (Proof of Charm) - Proof of Effective Charm
POW (Proof of Wealth) - Proof of Effective Wealth

Application Scenarios

Virtual gift reward in the live broadcast room
In Kitty Live's live broadcast room, fans use GSC Coin to buy virtual gifts on the gift system to reward the anchor. The benefits of the anchor after receiving the gift will be automatically saved to the e-wallet.

E-wallet
In Kitty Live, the income from anchors who receive fans and gifts can be saved in an e-wallet. Based on blockchain technology, the income can be transferred and withdrawn at any time.

Users publish paid news
Based on the copyright system of the GSC social chain service layer, Mico users can set the pictures or videos they publish as copyright dynamics at any time. Based on the processing mechanism of smart contract automation, users will automatically transfer the benefits to the content creator's e-wallet after browsing. The whole process is efficient and safe. It has greatly inspired users to create more high-quality content for the community.

Reward System-Ranking List
Based on the reward system of the GSC social chain service layer, Mico designed a ranking list based on user SVN (social quality) and dynamically draws a fixed GSC Coin from the prize pool based on actual conditions every day as a reward for high-quality users, greatly improving the platform's user activity and content contribution quality.

Interactive Games
Based on the smart contract technology of GSC social chain, Kitty Live integrated and developed interactive games in the live broadcast room, and players use GSC Coin to purchase props. Several pain points in the gaming industry have been solved: the card distribution mechanism is not fair and transparent enough; anonymous protection for players and anti-cheating; and a decentralized digital wallet ensures the safety of player funds.

Short video reward
Based on the value network of GSC social chain, short video internet celebrities in Waka efficiently and safely complete the overall process from production content, user consumption content, rewards, and benefits. The de-mediated value network allows internet celebrities to make money without middlemen.

Anonymous social comments
Based on GSC social chain development, YAY users conduct anonymous votes and evaluations on their friends. The process is safe and completely guarantees anonymity and does not leak information.

Related links:

https://www.qukuaiwang.com.cn/szhb/2584.html#jj