$ 0.000 3.62%
Howdoo (UDOO) Rank 4331
Mkt.Cap | $ 0.00000000 | Volume 24H | 0.00000000UDOO |
Market share | 0% | Total Supply | 888.89 MUDOO |
Proof type | N/A | Open | $ 0.0001 |
Low | $ 0.0001 | High | $ 0.0001 |
How doo I convert a personal account that I signed up my business for to an enterprise account with 10 users to use for
Shufti Pro (Est. in 2017, Digital KYC Services) | Provide Digital KYC services that will help the social media platform with efficient customer onboarding and validation of credentials. CMO Jason Sibley is a highly experienced marketer with over 20 year’s professional experience. This large body of users buy and spend V-Bucks which can also be earned by logging in daily and completing quests and bounties. Howdoo operates a similar token economy with users being able to cash out into their local fiat currency at any time.
SkillsLab (Est. in 2018, Social Media Training) | A launch partner for Howdoo, and look forward to migrating our community to the platform on launch. Creating unique value-added content for Howdoo, and will run a weekly show featuring a global sales and marketing influencers Jack Kosakowski and Jason Sibley. The platform is already live and the Howdoo mobile app is currently available for both i0s and Android users and can be downloaded on theAppleandGoogle Playstores, and the team have just announced that the Howdoo app is also available as a featured app in the Huawei AppGallery.
Transactions can also be viewed in any comparable fiat currency with exchange rates displayed through integrations with a third-party foreign exchange service. The platform’s adoption strategy involves using influencers to reach high numbers of users, and also engaging with brands to develop their audience. Approximately 60,000 users have already signed up, and supporter onboarding and brand supporter onboarding is underway with advertising revenue already live on the platform.
Howdoo is a project that has flown under the radar somewhat, and one that we are becoming much more interested in. Howdoo operates in the almost ubiquitous social media sector and combines a wide range of features that have already proved to be popular with users of platforms such as Facebook, Instagram, and Twitch.
With the Howdoo token currently trading at around $0.07, the project retains a valuation of around $20m based on the current circulating supply, although this can be adjusted to around $62 million on a fully diluted basis. In other words, we’re developing capabilities that will fundamentally re-shape the concept of social media, of what is and isn’t possible. Because we believe social networks should be based on a spirit of integrity, collective participation, and shared interests. A belief that’s in direct opposition to existing social media platforms that are more concerned with generating advertising revenues at the expense of the user experience or encouraging and incentivizing true creativity. At Howdoo, our business model would see profits distributed back into the communities and individual users who are ultimately responsible for creating them.
This can include age, gender, and consumption habits and can also be managed from within the Howdoo wallet. When opting in, users are entitled to a share of the advertising revenue and receive uDOO tokens directly into their wallet, once they meet advertising consumption requirements.
The platform incorporates popular features that can be found across the various leading platforms and also remains focused on privacy and censorship. In addition, the Howdoo revenue model allows creators to benefit financially from user engagement and tips, as well as offer premium content, and the central aim of uniting creators, users, and advertisers sees ad revenue also being a central part of the ecosystem. The team have developed a business model that aims divert revenue and users away from the industry leaders by offering a service that solves many of the current problems users have with platforms such as Facebook and YouTube. For example, the team state that 44% of US millennials have deleted Facebook, and there are rising concerns over privacy, de-platforming, censorship, and the ownership of data and content across all platforms. In addition, users are also looking for fairer and more rewarding ways to consume and share content while content creators are looking for less centralized ways of monetizing their content.
Designed to stimulate greater trust, openness, and transparency, the platform rewards and empowers the users, content creators, and communities that form the true value of any social network. In other words, we’re developing capabilities that will fundamentally re-shape the concept of social media. However, it is still early days and the team still have a lot of work to do in order to establish their platform as a leading social media entity, and over the coming months we expect a number of well respected influencers across a number of genres to be unveiled as platform partners.
As has become evident over the past few years, the major social media platforms generate a significant amount of revenue by processing and selling user data to advertisers. With Howdoo, users can opt in to view adverts by making the personal data they are happy to share available via their Howdoo passport.
We also expect the team to improve their current social media metrics which include 23,000 Telegram group members, 13,000 Facebook followers, and 8,000 Twitter followers. As a result of its comprehensive feature set and well thought out overall design, we will be keeping an eye on Howdoo in order to see if the team can wrestle market share away from some of social media’s most well known platforms. As a decentralized social media and content delivery platform, the Howdoo team are aiming to eat into the market share of leading social media platforms such as Facebook, YouTube, Instagram, Snapchat, and Twitch. While projects such as Phantasma, Flixxo, Viberate, and Minds have all attempted to disrupt the social media industry by implementing DLT, Steemit and Basic Attention Token are still the standout performers. As a result, there is a considerable amount of upside with regards to the valuation of the project with Steem valued at around $60m while Basic Attention Token retains a valuation in the region of $225m.
It was designed as a single application that combines all the best features of existing social media apps, but with a new approach to putting users, communities, content creators, and advertisers together in complete harmony and control. The current valuation of $20m also compares well to the leading blockchain social media/content delivery platforms with Steem and Basic Attention Token valued at around $60m and $225m respectively, and this hints at the room that the project still has to grow.
Howdoo Market Cap $434,348
- These include live streaming, image sharing, messaging and all forms of media posting which appeal to lifestyle influencers and bloggers/vloggers of all types.
- But more than that, it’s a platform that’s designed to revolutionize the current social media landscape by inspiring a de-centralized approach to sharing and consuming content – as well as all associated transactions.
- Designed to stimulate greater trust, openness, and transparency, the platform rewards and empowers the users, content creators, and communities that form the true value of any social network.
- Howdoo is a fully featured and well-designed project that is attempting to disrupt an industry currently dominated by a small number of social media giants.
The team behind the project are addressing the growing dissatisfaction with social media platforms such as Facebook, YouTube, Snapchat, and Instagram and Howdoo can be accessed via Android and i0s mobiles apps and incorporates Streaming, Video/Image Sharing, and Blogging/Posting. Influencers are able to easily monetize their content while remaining in control of their content, and Howdoo uses blockchain technology and the UDOO token to ensure transparency and the fair distribution of rewards across the ecosystem. Howdoo is a decentralized social media and content delivery platform that aims to unite influencers, users, and advertisers, and allow each group to benefit from being an active part of an ecosystem that fairly rewards participants.
Their web client is also live and the team are currently onboarding users with 60,000 members having already signed up. Influencer and content creator earnings – UDOO tokens are used to receive tips, paywall earnings and ad share revenue. User earnings – UDOO tokens reflect the participation of individual users, and their share of all advertising rebates. Imagine a decentralized platform that doesn’t monetize personal data and content for the benefits of a few owners and shareholders. Rather it enables all involved to become part ofafinanciallyrewardingcommunityofusers who collectively benefit from the commercial viability of the network.
Howdoo price, volume & market cap (historical data)
Platforms such as Facebook, YouTube, and Instagram have managed to attract significant numbers of users and effectively corner the market. However, the industry is still rife with glaring inefficiencies that the integration of blockchain technology can help to solve. Imagine a single application that combines all the best features of existing social media apps, but with a radical new approach to putting users, communities, content creators, and advertisers together in complete harmony and control – alongside a whole new way of incentivizing and rewarding contributions. It’s a single application that combines all the best features of existing social media apps, but with a radical new approach to content creation & monetization.
Howdoo aims to solve all these issues and create a platform that serves all types of content creators and does away with the need to switch between platforms in order to create or consume different forms of media. The project is aiming to provide an alternative to leading social media channels that have centralized monetization models and also retain control of their users’ content. Advertising currency- Advertisers are required to purchase UDOO tokens for funding campaign activity. Howdoo also has the additional feature of rewarding content creators for their hard work and also built into the system is a mechanism that endows users with the ability to offer tips for noteworthy content creators.
CMO of Howdoo, a Social Media Platform built in the blockchain, giving power to users, and unique monetisation options to content creators. Howdoo, on the other hand, has the goal of emancipating us from the shackles of conformity and restriction. Howdoo is asking us to imagine and support a social media experience that does not monetize your personal data and content for the benefit of a few owners and shareholders. The project also contains a well thought out monetization model which sees content creators directly rewarded for the traffic and engagement they generate as well as being able to charge users for premium content and subscriptions. Users are also able to earn tokens by engaging with content on the platform, and by interacting with advertising and most importantly, UDOO tokens can be cashed out directly into fiat which does away with a layer of friction for anyone new to dealing with cryptocurrencies.
Howdoo Feature Roadmap
They also aim to add new influencers on a monthly basis, and influencers including E17, Sinitta, Liberty Grant, and That Martini Guy have pledged support to the platform. The team have also announced a partnership with Huawei and the Howdoo app is now available as a featured app in the Huawei AppGallery. In addition, Facebook currently attracts over 2 billion monthly users while YouTube attracts 1.5 billion. Instagram currently has approximately 800 million monthly users while Snapchat has around 225 million, and Statista estimates that the global body of social media users will grow to 3 billion by 2020.
By using Howdoo, content creators are able to earn passive income through shares of ad revenue and content engagement, whilst also actively earning via various one-off payments, premium content, subscriptions and tips. Users are also able to earn by engaging with content on the platform and by consuming advertising and by choosing to share personal data from inside their Howdoo profile (Passport).
Team
Despite these positives, the world of social media can be tough to crack and it may prove difficult to pull users away from the established giants. As previously mentioned, Steem and Basic Attention token are among a small number of projects that are viewed as successes. In addition, the cryptocurrency world is still a mystery to many, and the team aim to overcome these issues by mainly targeting Gen Z users as this generation are already disgruntled with the current options on offer and are among the most receptive to new alternatives. The team raised $8.7 million projected during their 2018 ICO, and the uDOO token continues to trade close to its initial valuation.
As a result, anyone signing up has full access to a variety of features on the platform including one to one and group messaging, blogging/vlogging, streaming, the ability to post all forms of online media, and the ability to create and subscribe to influencer channels. Monetization is also live and influencers can create paywalls for premium content such as photos, videos and text posts and the team are currently working with advertisers to generate ad revenue across the platform. The team released a Beta version of their product at the start of the year and have since gone live with their platform. The Howdoo mobile app is currently available for both i0s and Android users and can be downloaded on theAppleandGoogle Playstores, and the team have just announced that the Howdoo app is also available as a featured app in the Huawei AppGallery.
There remains the opportunity for a blockchain project to disrupt the industry and Howdoo can wrestle market share away from its competitors by compiling all the most popular features in one place while also aggressively targeting successful influencers and brands. The best elements of platforms such as Snapchat, Instagram, Patreon, and Twitch are combined and features includes one to one and group messaging, streaming, the ability to post and share all forms of online media, and the ability to create and subscribe to influencer channels. Monetization is well designed and easily implemented and influencers can create paywalls for premium content, charge for subscriptions, and earn ad revenue with all earnings distributed transparently via the blockchain.
Users can also easily cash out into fiat which removes a layer of friction for anyone new to cryptocurrencies. Furthermore, advertisers are required to own UDOO tokens in order to fund campaign activity, and to bid for access to specific individuals, audiences and communities via the Howdoo Ad Auction platform. The merging of DLT with the world of social media is clearly still in its early stages and the sector is ripe for disruption with social media users being known to move from one platform to another if a more suitable alternative can be found. This was demonstrated by the move away from MySpace and currently, Basic Attention Token and Steem are the sector’s stand out success stories, as a result, there is ample room for another blockchain project to step forward and eat into the market shares of the current industry leaders. Howdoo is a fully featured and well-designed project that is attempting to disrupt an industry currently dominated by a small number of social media giants.