Social (SCL) is a new cryptocurrency that will be used within Nexus, a secure and decentralized social network with an integrated marketplace and ad platform.
Nexus is already an existing and established product on the iOS App Store, Google Play Store and the web.
The team behind Nexus and Social coins are creating a decentralized community where all data and multimedia updates exist on the blockchain, instead of centralized servers. Users privacy will be the highest priority, and no data will ever be on-sold to third party corporations.
The network primarily concentrates on privacy, control of settings, security and listening to the voice of the community. The Nexus platform hopes to integrate a full social interface that will be accommodated by a functional marketplace and ad platform that utilizes its native coin, Social.
One of the many standout features of Nexus is their instant access debit card that is scheduled for launch in the following months. It allows its users to instantly spend their held SCL as their native fiat anywhere that accepts Visa. Other upcoming features include their ERC20 account multi-wallet, Tor API integration, built in VPN, end-to-end message encryption and their already existing crowd funding functionality.
The presale/pre-ICO for Socials (SCL) is coming to an end. The main ICO is set to start on the 17th of August at 01:00 GMT and will run for exactly one month, or until the hard cap is hit.
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