![](https://steemitimages.com/DQmUGqi7Ly1o3SFfizJVDmdcUtJ9i5ha7e2B4o3fxCSbfFM/image.png)

# *THE GOOD NEWS*

> **In 2017 there were over 2.46 billion users of social media and less than 1% are currently using cryptocurrencies of any kind.  The time is ripe for a product to mix social media with cryptocurrency in a way that is simple to use and easy to understand.**

## TL;DR SOCIAL WALLET

[Social Wallet](https://socialwallet.io/)  is a platform that enables cryptocurrency to be sent easily, quickly, and securely using popular social media applications.  Social Wallet is already integrated with Facebook, Twitter, and email with plans to integrate with all well known social media platforms by the second quarter of 2019.  Think of Social Wallet as the cryptocurrency Venmo for social media.

## THE MARKET

The market for p2p financial transactions is enormous and includes well- known businesses like Western Union, PayPal ,and Venmo.  Venmo is the closest in scope to Social Wallet since it only requires a users phone number in order to send them money.  Currently, Venmo processes more than $1 billion in monthly payments and targets the largest social media group, Millenials.
![](https://steemitimages.com/DQmfSmxF2nnypS8UBWs6rvjdV6HVhE5KRHvsHpP7cLuwfDR/image.png)

Combine the $1 Billion in monthly payments that Venmo processes with over 2 billion untapped social media users and the full potential of Social Wallet is evident.

## THE SOLUTION

Social Wallet has major differences when compared to Venmo.  Since Social Wallet is a cryptocurrency there is no complication when sending transactions globally.  It is also unique in that it allows users to send WIRE tokens to any social media name regardless if that person is previously aware.  This allows users to tip others, donate money in a time of need, or distribute money among friends.

Social Wallet has teamed up with an unnamed 3rd party debit card provider that will allow WIRE tokens to be converted and spent as normal currency.

A key to Social Wallet is to integrate with social media platforms as quickly as possible.  The roadmap indicates that in Q3 Instagram, YouTube, WeChat, and Twitch will be integrated and included with Facebook, Twitter and email.  By Q2 2019 the platform will integrate Reddit, Tumblr, Steem, Discord, Telegram, LinkedIn, Google+ and e-commerce systems.  

For the tech-minded, the platform will involve both staking and masternodes (35,000 WIRE).  Masternodes will be used to increase the transaction speed to almost instant and nodes will be rewarded for their contributions.
## SUMMARY

The project is entering a market with huge potential and the key will be user aquisition.  The team is using a rewards system to lure new customers.  The second key will be the success of the debit card.  Many projects have promised debit cards that automatically convert crytpo to fiat at the time of sale.  If this project can provide this within a reasonable time it may attract a wealth of customers who find interesting ways to convert crypto to WIRE to fiat.

## TOKEN SALE
📅 ICO Date: Open Now.  Ends April 27th
📈 Ticker: WIRE
💵 Token Price: $0.15 
Total Supply: 250 million at TGE (New tokens minted as Masternode rewards) 
Amount for Sale: 75%
Unsold Tokens: Burn.  Up to 25 million reserved for marketing and ops.
Discounts: Maximum of 25%.
Token Type: ERC20.

[Social Wallet](https://socialwallet.io/) ||[Whitepaper](https://socialwallet.io/whitepaper.pdf) ||[Telegram](https://t.me/officialsocialwallet) ||  [Bountyhive](https://bountyhive.io/r/cryptoisfun) (cryptoisfun)