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GSC coin is the native token on Global Social Chain. This Global Social
Chain is a brand new social public chain. We know that social interaction has always been very important to the development of human beings, and decentralized networks are actually a good area where decentralized blockchain technology can be developed and applied. The vision of this project is to build A new decentralized value social network platform makes data privacy more secure and allows the value of digital assets to better return to individuals. Many investors want to know what this GSC coin is like? Everyone wants to know whether GSC coin is worth investing in? Let the editor of the currency circle tell you about it below.

 What about GSC coins?

Based on the natural soil of Mico's content social ecological chain, after several months of trying to use blockchain technology to solve problems such as privacy data security and community incentives, Mico's user privacy and security, community activity atmosphere, etc. have been significantly improved and optimized. . With a firm belief in using blockchain technology to reconstruct the next generation of decentralized value social network platform, allowing data privacy and security, and the value of digital assets to return to individuals, the Mico team decided to use years of accumulated experience in social products combined with blockchain technology , build the world's first social chain, focusing on solving the challenges and problems faced by social networks. So the GSC-Global Social Chain project was born. Our envisioned program goals are:

Based on Ethereum blockchain technology, develop functional services to solve pain point problems on the own Mico social ecological product matrix, such as gift system, reward system, copyright system, etc.;

Create a social public chain, based on the solutions and experience accumulated on Mico, creatively develop a series of services to solve social problems, open to third-party manufacturers, such as e-commerce, social networking, games and other fields;

Deep integration on the basis of Mico can run decentralized application services developed based on the GSC social chain, attracting developers to develop and customize various service applications for Mico's massive users and needs. Create the next generation social network that subverts Facebook and WeChat.

 Is GSC coin worth investing in?

The GSC coin is worth investing in. The GSC project originated from the Mico team. In May 2017, after intensive research on blockchain technology, the Mico team discovered that the pain points of social networks can be well solved through blockchain technology.

Technical advantages:

·GSC Coin: A token circulating on the platform that can be used to purchase virtual gifts for rewards

·Digital Wallet: The user's personal electronic wallet, used for storage, transfer, recharge, and withdrawal

·Gift System: virtual gift system

Users can use GSC
Coin is purchased to give virtual gifts, and social interaction is accompanied by the flow of value. Fans can purchase gifts for content creators here. When a fan clicks on a content creator's gift link, the gift store will automatically pop up and display all the content creator's customized gifts.

·Safety System: Safety system

The user's core and private data are encrypted and stored on decentralized network nodes, and the control of the user's private data and information is returned to the individual, ensuring data security.

·License System: Copyright system

The copyright system is based on the decentralized distribution system IPFS. Users publish high-quality pictures, videos and other content in the dynamic, which can be set as assets that require authorization to browse and use.

Reward System: Reward system

To encourage users to create richer social interactions and high-quality content, we designed a reward system. The reward pool is a Token pool specifically used to reward ecological construction contributors. The system calculates the social quality value SVN (Social Quality Value) of each participating user based on the algorithm every day.
Value Unit), which rewards some contributors based on the ranking list. The reward pool will be replenished every day based on the reward elasticity coefficient.

All the above content is the specific elaboration of the editor of the currency circle on the two issues of how GSC coin is and whether GSC coin is worth investing in.
In fact, the current application scenarios of the GSC coin project are very rich. It can be used to give virtual gifts in the live broadcast room, and the electronic wallet in the project can be used for instant transfer and withdrawal of income. In the copyright system based on the GSC social chain service layer, users can also publish some paid updates, with the purpose of motivating users to create some high-quality content. Based on the smart contract technology of GSC social chain, users can also participate in some interactive games integrated and developed in the live broadcast room, and solve some problems such as fairness and transparency, anonymity protection and fund security.