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 worthwhile blockchain project that would not only work in the media market, but would also directly compete with large online publications and even social networks.
Today we will consider the Notm project, aimed at creating a news blockchain platform that will solve existing problems with the authenticity of news, optimize ad displays 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? We will understand all this in our review!
What is Notm?
Notm is the first hybrid decentralized news platform in the world with geolocation, on which anyone can publish news content and, if fake, delete them. To achieve the most objective presentation of news, the reliability of all published materials will be protected by the consensus of the community while preserving all editorial changes.
Notm users will be able to receive genuine and most importantly interesting news in their geolocation zone or read other publications on their chosen 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 the Notm Exchange own exchange.
In simple words, Notm is an entire ecosystem that users themselves are developing. They can not only publish news with a subsequent reward, but also discuss them and share the most interesting content with their friends.
Native token NOTM
The Notm development team releases its own eponymous token based on the Ethereum blockchain, which is by far the best solution for decentralized platforms.
In fact, NOTM is an ERC-20 standard token, which is 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 their payment 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 constant demand in the market, and its value will grow as the project ecosystem scales.
Ads on Notm
According to the creators, the Notm mobile application 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 conversion, and the second - useful and profitable advertising.
Notm Exchange and payment card
Notm Exchange is a decentralized trading platform with which Notm users can trade cryptocurrencies, exchange NOTM tokens for fiat funds (dollar, euro) quickly and with a minimum commission. Authors of news content can go through a simple KYC / AML procedure and receive a unique payment card linked to an 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 cryptocurrency at a favorable rate, taking into account the risks of volatility. Since cryptocurrencies are inherently super volatile, Notm will set a daily limit on the payment or withdrawal of fiat funds from a payment card.
Details of pre-ICO and ICO
The first stage of the pre-ICO: February 18 - April 17, 2019 (Price of 1 NOTM token = $ 0.01);
The second stage of the pre-ICO: April 18 - June 17, 2019 (Price of 1 NOTM token = $ 0.015);
ICO stage: June 18 - December 27, 2019 (Price of 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 the long term, use in advertising campaigns, exchange for any other cryptocurrency, etc.).
Soft Cap: $ 2 million;
Hard Cap: $ 250 million;
Accepted currency - only ETH;
The minimum amount for investment is $ 100;
Token Distribution:
Reserve fund - 25%;
pre-ICO and ICO - 59%;
Bounty program - 5%;
Partners and advisers - 5%;
Founders and employees - 5%;
Donuts - 1%;
Distribution of funds:
Bank purchase - 80%;
Marketing - 10%;
Exchange Notm Exchange development - 5%;
Notm platform development - 2%;
Credit fund of the bank - 3%;
If, according to the results of the pre-ICO and ICO, the project team will not be able to raise $ 2 million (Soft Cap), then the funds raised will be used exclusively for the development of MVP and over time will conduct an additional ICO. If Soft Cap is reached, then the funds will go to Notm platform development and marketing. Finally, upon reaching the Hard Cap, funds will be distributed in the order indicated above.
Notm Team
Alexander Barantsev (Founder and CEO);
Anton Likhodaev (Marketing Director);
Alexander Bondarev (Director of Information Technology);
Remy Peretti (Asian Ambassador);
Brian Sam (Ambassador of Ghana);
Anna Mikhaylichenko (Community Manager);
Allen Odiase (Ambassador of Nigeria);
Igor Kamyansky (Designer);
Road map
February 2019 - Launch of pre-ICO (stage 1);
March 2019 - Listing on the exchange;
April 2019 - Launch of pre-ICO (stage 2);
May 2019 - First Conference;
June 2019 - Launch of ICO;
December 2019 - Launch of the first marketing campaign;
January 2020 - Presentation of the Notm mobile application;
February 2020 - Presentation of the Notm platform;
June 2020 - Launch of Notm Exchange;
August 2020 - Bank purchase;
To summarize
The development team has just started, so it takes time to deploy the Notm platform. At the moment, the NOTM token is a HIGH-RISK asset that does not have every chance to bring its holders a good profit and have market demand. The minimum investment period for Notm is approximately two years.
WEBSITE: https://notm.io/
ANN : https://bitcointalk.org/index.php?topic=4920444.0
WHITEPAPER: https://notm.io/whitepaper-EN-min.pdf
FACEBOOK: https://www.facebook.com/NotmPlatform/
TWITTER: https://twitter.com/NotmPlatform
TELEGRAM: https://t.me/NotmPlatform
Author : zorzia
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