At the moment there are a huge number of projects seeking to use cryptocurrency and blockchain to automate many business processes and speed up payment processing. At the same time, now there is not a single blockchain project that would not only work in the media market, but also make direct competition to major Internet publications and even social networks.
Today we will look at the Notm project, aimed at creating a news blockchain platform that will solve existing problems with the authenticity of news, optimize ad impressions and integrate cryptocurrencies into a person’s daily life.
What is notm? What are the goals of the developers? Is it worth investing in such a young and ambitious project? All of this will understand our review.
What is notm?
Notm is the world's first hybrid news decentralized platform with geolocation on which anyone can publish news content and, in the case of fake, delete them. To achieve the most objective presentation of news, the accuracy of all published materials will be protected by the consensus of the community while maintaining all editorial changes.
Notm users will be able to receive authentic and most importantly interesting news in their geolocation zone or read other publications on the selected geolocation. Moreover, news authors / editors will be able to receive rewards in the form of NOTM tokens, which can be exchanged “in one click” for Fiat or any other cryptocurrency through their own exchange Notm Exchange.
In simple words, Notm is a whole ecosystem that users themselves develop. They can not only publish news with the subsequent reward, but also discuss them and share the most interesting content with their friends.
NOTM native token
The team of developers Notm releases its own eponymous token based on the blockchain Ethereum, which is currently the best solution for decentralized platforms.
In essence, NOTM is an ERC-20 standard token, the main means of payment and settlement on the Notm platform. Advertisers will be able to buy NOTM tokens on the Notm Exchange and use them to pay for their advertising campaigns, and news content authors will receive tokens for impressions / clicks on advertisements.
It turns out that the NOTM token will have a constant demand in the market, and its cost will grow as the project ecosystem scales.
Notm Ads
According to the creators, the mobile application Notm will display not just advertisements, but recommendations on attractive discounts and promotions in the selected geofence. Thus, advertisers and publishers are satisfied. The first - get the target audience and increase the conversion, and the second - useful and profitable advertising.
Notm Exchange and payment card
Notm Exchange is a decentralized trading platform through which Notm users can trade cryptocurrencies, exchange NOTM tokens for fiat funds (dollar, euro) quickly and with a minimum commission. The authors of the news content can go through a simple KYC / AML procedure and receive a unique payment card with reference to the account on the Notm Exchange and a bank account.
Thus, thanks to the exchange and payment card, Notm users will be able to pay for goods and services anywhere in the world, quickly and most importantly, safely. The Notm Exchange system allows users to sell a cryptocurrency at a favorable rate based on the risks of volatility. Since cryptocurrencies are, by their nature, extremely volatile, Notm will set a daily limit on payment or withdrawal of fiat funds from a payment card.
Details pre-ICO and ICO
- The first stage of pre-ICO: February 18 - April 17, 2019 (Price for 1 NOTM token = $ 0.01);
- The second stage of pre-ICO: April 18 - June 17, 2019 (Price for 1 NOTM token = $ 0.015);
- ICO Stage: June 18 - December 27, 2019 (Price for 1 NOTM token = $ 0.025);
Participants will receive NOTM tokens within 72 hours after each stage and will be able to use tokens for personal purposes (store for long-term perspective, use in advertising campaigns, exchange for any other cryptocurrency, etc.)
- Soft Cap: $ 2 million;
- Hard Cap: $ 250 million;
- The accepted currency is only ETH;
- The minimum amount for investment is $ 100;
Token distribution:
- Reserve fund - 25%;
- pre-ICO and ICO - 59%;
- Bounty-program - 5%;
- Partners and Advisors - 5%;
- Founders and employees - 5%;
- Donates - 1%;
- Distribution of funds:
- Bank purchase - 80%;
- Marketing - 10%;
- Development Exchange Notm Exchange - 5%;
- Development platform Notm - 2%;
- Bank loan fund - 3%;
If, according to the results of pre-ICO and ICO, the project team cannot raise $ 2 million (Soft Cap), then the funds raised will be used exclusively for the development of MVP and will spend additional ICO over time. If Soft Cap is reached, the funds will go to developing the Notm platform and marketing. Finally, when the Hard Cap is reached, the funds will be distributed in the order listed above.
TEAM
- Alexander Barantsev (Founder and CEO);
- Anton Likhodayev (Marketing Director);
- Alexander Bondarev (Director of Information Technology);
- Remy Peretti (Asian Ambassador);
- Brian Sam (Ambassador of Ghana);
- Anna Mikhailichenko (Community Manager);
- Allen Odiase (Ambassador of Nigeria);
- Igor Kamyansky (Designer);
Road map
- February 2019 - Pre-ICO launch (stage 1);
- March 2019 - Listing on the DDEX exchange ;
- April 2019 - Pre-ICO launch (stage 2);
- May 2019 - First Conference;
- June 2019 - Launching ICO;
- December 2019 - Launch of the first marketing campaign;
- January 2020 - Presentation of the mobile application Notm;
- February 2020 - Presentation of the platform Notm;
- June 2020 - Launch Notm Exchange;
- August 2020 - Purchase of a bank;
- Let's sum up
The development team has just begun work, so it will take time to deploy the Notm platform. At the moment, the NOTM token is a medium risk cryptoactive, which has every chance to bring its holders a good profit and have a market demand. The minimum investment period in Notm is approximately two years.
I strongly recommend to follow the development of Notm, because the project is definitely worthy!
By thewoyo10
Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2346772
ETH : 0xBf48642AEd041fD1E800C52d51246ca0227b3426
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