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Home Crypto News Market SHIBNET: First Ever Crypto-based Social Network Connecting the World

SHIBNET: First Ever Crypto-based Social Network Connecting the World

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SHIBNET is the world’s first ever crypto-based social network. A real and completely transparent social network, designed to connect everyone and reward a global user-base with marketplace commission and a percentage of advertising revenue, paid out to the community and token holders. 

In 2021, something exciting launched, combining worldwide enthusiasm for cryptocurrency with everything you expect — and so much more — from a social network. 

SHIBNET is a truly “social” network, getting back to the principles of social networking. A place where people can interact, share their lives, chat, message, video call one another, and buy and sell goods through a marketplace. 

For those wanting to invest, the SHIBNET Token is launched, as of 9 October, 2021. There will be a huge burn straight away, expected as high as 40%. 

SHIBNET: Really social, rewarding users

One of the downsides of modern social networks is users aren’t a part of the platforms they engage with. Spending time on a social network benefits big tech companies far more than it does the users. The more time you spend on Facebook or Twitter, the more revenue they generate. It’s more about advertising than being social anymore. 

SHIBNET is a real social network that’s aiming to change this. When users spend time on SHIBNET, they benefit directly. 1% of advertising revenue and token transaction fees is paid back to users. Whenever people buy and sell products through the marketplace, or companies set-up shops and sell to customers directly, 1% of that is shared with everyone on the SHIBNET platform. 

SHIBNET is also establishing a Non-profit, to support a wide range of charities. 1% of advertising revenue, token transaction fees, and marketplace commission is going to be paid to this Non-profit. 

SHIBNET will include five main areas, creating the SHIBNETWORK. These five areas include the social network, Shibnetomics (buying, selling and holding tokens), the marketplace, catalogs, and Non-profit. 

As part of the roadmap towards launching the SHIBNETWORK, the marketplace app is ready and already a home for a range of products on sale. As is the social network. 

As part of the project launch, SHIBNET has partnered with Run Guys, one of the most popular cryptocurrency-focused YouTube channels, with nearly 200,000 subscribers and 20 million views to date. Run Guys are assembling a huge Shibarmy, and managing digital marketing, to support the launch and growth of SHIBNET. 

SHIBNET founder & CEO, Rosvaldas Nudas says, “We are excited to be doing something different, offering something new in the social networking space, which should appeal to social media uses and crypto enthusiasts and investors in equal measure.” 

“Following three long years of research and development, the world’s first real social network is live, along with a next generation marketplace. Everyone benefits, with profit-sharing built into the Shiba Network and Marketplace. Token holders profit even more, which means those who invest in building this will gain more and more as the network grows.” 

“Our vision is that SHIBNETWORK will develop into a connected network of social platforms. Each with its own unique view on the world, where those with shared interests and passions can interact. Every social platform in the network will have its own marketplace, token, non-profit, and will play a role in advancing human civilization”, said Rosvaldas. 

SHIBNET Token Sale

Today, SHIBNET Tokens are registered and listed through Pancakeswap. The contract address – 0xf95f7EC79FC5e255d816C0B379e2F05AF64d74C1.

The total supply of SHIBNET Tokens is 1 trillion.

Tokenomics:

  • Network %

Holders get 33% of marketplace commission & 10% of ads revenue

  • Buy Back

3% of fees buy-back – 2% as SHIB to holders & 1% as SHIBNET burn

  • Liquidity Pool

1% of fees goes towards SHIBNET token liquidity pool

  • Marketing & R&D

1% of fees will be used for marketing & growing purposes

  • Social Wallet

1% of fees will be sent to SHIBNET’s social wallet

  • Non-Profit

1% of fees will be sent to SHIBNET Non-Profit Organization

The total supply of SHIBNET Tokens is going to be 21 billion. SHIBNET Token Holders will be rewarded with 1% of the advertising revenues, plus 1% of token transaction fees and marketplace commissions. Whereas, those who buy SHIBNETINY Tokens, will earn 15% of total advertising revenues. Rewarding those who buy and hold higher-value tokens early into the launch of this project. 

SHIBNET is different for a number of reasons. Such as this being the first platform to launch with a user-friendly interface for social network crypto-based interactions. This is going to pave the way for launching a wide range of crypto-based solutions. The aim is to ensure this is the best platform possible for real social networking, with users rewarded for positive actions. 

Plus, a percentage of everything generated through the platform will go towards a non-profit, to benefit charities and run an annual festival that will be free to members of the SHIBNETWORK. 

Press Contact:

Rosvaldas Nudas, CEO & Founder of SHIBNET

Find out more: 

Website: shibnet.com

Facebook: facebook.com/shibnet

Instagram: instagram.com/shibnetwork

Twitter: http://twitter.com/shibnet

Medium: medium.com/@shibnet 

Whitepaper: https://shibnet.com/shibnetomics/ 

Disclaimer: This is a paid press releaseTheCryptoBasic does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions related to the company. TheCryptoBasic is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

 

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