For a lot of people, the idea of entering the world of cryptocurrency and blockchain technology seems complicated and intimidating. At the same time, there are over 2.5 billion people from all walks of life who easily navigate a variety of social networks, such as Facebook and Twitter. SocialWallet is bridging the divide between the two in an exciting new way.
Here’s the gist of how it works: from the SocialWallet platform, a person selects a social media network, chooses the name of the person they want to send tokens to, enters the number of tokens to be sent, and then clicks “send.”
Unlike other crypto exchange platforms, the recipient doesn’t need a pre-downloaded wallet; they simply receive a notification via their social network account, click on the embedded link, and are brought to the SocialWallet platform that automatically provides a wallet for them.
SocialWallet has a token sale that’s currently in the works and will last through April 27th of this year. Facebook, email and Twitter platforms will be released immediately after the token sale ends, and within the next 12 months, SocialWallet plans to integrate 14 of the top 20 social networks in the world. Tune in or visit socialwallet.io to learn more.