Shaaare

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19 Feb 2021 - 07 Jun 2024
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Shaaare is a social media platform that integrates blockchain and AI technologies designed to automatically reward creators for generating high-quality and brand-related content.

Operating on the principle of incentivizing users, Shaaare allows individuals to accrue loyalty points, termed as      , by sharing content featuring brand products. This encompasses a wide spectrum, ranging from fashion items and accessories to branded locations such as stores or exhibition spaces.

What sets Shaaare apart is its utilization of blockchain technology, ensuring a seamless and transparent mechanism for generating and distributing Brand-Tokens, thereby streamlining the interaction between brands and content creators.

CoinLaunch Score: Very High
Last update: 07 Nov 2023

Shaaare - WAITLIST Overview

Ticker: XKO
Start Date: 19 Feb 2021
End Date: 19 Feb 2021
Country: France
Whitelist: Yes
KYC: No
Bounty: Yes
MVP: Yes
Security Audit: Yes
Raise Fund: $690,000
Block Chain:
Polygon
Industry:

Shaaare - Review

The Shaaare application epitomizes a contemporary amalgamation of blockchain and artificial intelligence (AI) technologies, with the primary objective of transforming how creators receive recognition for their creations. Its functionality is based on a straightforward yet potent premise: content producers receive automatic compensation for generating top-notch, brand-aligned material. This innovative model harnesses the power of blockchain for its transparency, security, and effectiveness in monitoring and disbursing rewards, while AI elements are integrated to evaluate content quality and its alignment with brand specifications. The name "Shaaare," accentuating the triple "A," signifies the platform's commitment to promoting premium content.

The current product offering of  Shaaare includes the following: 

  • UGC Platform: This platform operates by enabling users to earn loyalty points, known as Brand-Tokens, for sharing content that features brand products. This could include anything from clothing and accessories to locations associated with the brand, like stores or showrooms.
  • Ad Network: Brands looking to engage with consumers can set up targeted campaigns on Shaaare, making it a comprehensive advertising platform. These campaigns typically focus on two key areas: influence and conversion.
  • Loyalty Program: There is a potential to stimulate supplementary sales, particularly originating from the influencers themselves. As users interact with brands and generate content, they inadvertently evolve into a conduit for sales. Shaaare's brand-token mechanism is intricately crafted to adjust rewards in accordance with an influencer's outreach.
  • $XKO Token: It  functions as the economic backbone for all financial transactions within the Shaaare ecosystem, serving as the conduit that interconnects all Brand-Tokens, effectively capturing and directing their value. This renders XKL more than just a standard cryptocurrency; it becomes an integral component of Shaaare's economic framework. 
    $XKO token utilities include:  
    • Staking
    • DAO Power & Voting
    • Remuneration & Monetization
  • Brand Tokens: It represents a groundbreaking innovation within the Shaaare ecosystem, acting as a conduit for brands to seamlessly integrate with the capabilities of Web3 technology. These specialized ERC-20 tokens serve as a direct avenue for brands to automate rewards and incentives, thus facilitating the accessibility of Web3 for businesses.

Going beyond their tokenized form, Brand-Tokens essentially encapsulate tangible purchasing power for a specific brand, transforming them into Real-World Assets. This tangible connection to value presents a novel approach for brands to engage with their customer base in a more dynamic and meaningful manner. These tokens can be utilized as 

  • conventional loyalty points 
  • redeemed for specific goods and services, ranging from a fresh pair of shoes to exclusive access to events. 
  • Furthermore, they can be utilized for acquiring NFTs issued by renowned brands, introducing an additional dimension to the interaction between consumers and corporations.

 

The Shaaare’s token sale pros: 

  • Interesting project concept; 
  • Unique multi-token economy; 
  • 100% Unlock for presale and public sale tokens; 
  • Low initial circulation supply (only 4,02%); 
  • Small fundraising goal; 
  • The core team is public.
  • The team has already burn 50% of $XKO tokens

     

The Shaaare’s token sale cons: 

  • Low coverage & engagement on Social Media;  
  • Has relatively small community;
  • During the last year, the Sharee’s activity in top tier blockchain media is very low;   
  • Has not completed any public Security Audit; 
  • Has no public institutional investors; 
  • The vesting schedule is not clearly outlined; 
  • Unclear strategy for taking $XKO tokens out from the circulation to reduce the selling pressure in the course of time

Shaaare - Token Economy

Total Raise: $690,000
Pre Sale: 250,000,000 (0.25%)
FDV: $40,000,000
Total Supply: 100,000,000,000
Public Sale: 4,750,000,000 (4.75%)
Initial Circulation Supply: $1,608,244 (4.02% of FDV)

Shaaare - Token Sale Rounds

Price: $0.001
Tokens for sale: 90,000,000
Raise: $90,000
Lock-Up: ICO/IDO
Start Date:

21 Oct 2021

End Date:

25 Nov 2021

Shaaare - Team

Rahul Sharma

Tomy Spagnoletti