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AllSpark (ASK) ICO Review

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AllSpark is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico TimeUnknown – Unknown
Token NameAllSpark
Token SymbolASK
WhitepaperView Whitepaper
Website LinkHome
Price1 ASK = 0.00033333 ETH
PlatformEthereum
Soft Cap28,000 ETH
Hard Cap40,000 ETH

More about AllSpark (ASK) ICO:

AllSpark Chain is a public blockchain where content creators, advertisers and social media users co-exist a reciprocal sharing economy. Within its blockchain ecosystem, the AllSpark Token (ASK) serves as a value consensus for all contents created across all centralized and decentralized platforms. Users earn tangible rewards that are directly correlated to their contributions. Advertisers work directly with content creators, and content consumers and sharers can receive dividends for their participation in the spreading of valuable content.

Information is the fundamental driving force behind mankind’s advancement. Yet without the proper distribution, man will cease to progress. In today’s era of information explosion, where the spheres of advertising, digital media, and content creation overlap, there certainly exist problems that could be remedied with the proper application of blockchain.

That’s why AllSpark is building a distributed platform for content creation, distribution and trading via the blockchain to solve the problems in the age of social media, i.e. that numerous content creators and distributors are not able to gain their deserved earnings while advertisers are paying more marketing costs. On the AllSpark distributed platform, content creators, distributors and consumers are able to complete transations by setting different trading mechanisms freely, to achieve the goal of having a free market mechanism deciding the content value and getting both content creators and distributors financial rewards. Meanwhile, in order to get positive feedback for outstanding creators and content, we have designed an evaluation motivation mechanism based on the blockchain Token to offer the most objective evaluations for the content and creators.

AllSpark is also an open content network that is also accessible to a variety of content-based social media. The AllSpark network receives, spreads and pays for the content. Eventually, the whole ecosystem will encourage the ighest tier of creators to produce more new and innovative content that drives the progress of mankind.

A restaurant brand located in the Caribbean needs to promote itself, so it posts a task on AllSpark prompting writers and photographers to create promotional material that it can distribute.

Alice, a travel blogger, sees the task and writes a brief promotional article, which includes a link that redirects to the restaurant’s booking webpage. Through AllSpark, Alice and the restaurant enter into a smart contract, which is recorded on the blockchain and thus ensures payment to Alice if and there is a successful conversion.

Alice then shares the article on social media. When any reader decides to book the restaurant through her shared link, Alice will receive her split as determined by the terms laid out in the smart contract.

Taking it a step further, imagine Alice wanted to add the background music created by Bob to her text, she could purchase Bob’s copyright through AllSpark with the payment term being distributed income from advertisement revenue. Then, some part of the prepaid expenses of the restaurant would be transferred to Bob’s account for each successful conversion the article creates.

Now imagine that Carol read Alice’s article and shared it on her social media. Then, if somebody read the text and booked the restaurant, Carol can also obtain the distributed income based on the smart contract. At the same time, a certain amount of money will be transferred to the accounts of Alice. That is to say, the smart contract will help the promotion material to realize multi-level promotion and income distribution.

In this case, the brand operator, Alice, Bob, and distributors like Carol have established a fair and effective closed cycle to realize payment.

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