Social is a cryptocurrency that will be used within Nexus, a secure and private decentralized social network with integrated marketplace and ad platform

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Decentralized cross platform social network


Established Product

Nexus is a social network built on modern technologies that also integrates popular features of e-commerce and crowdfunding. 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 it's native coin, Social.

Nexus is an already existing and established product on the iOS App Store, Google Play Store and the web.


Nexus Debit Card

Connect your Nexus account wallet to your Nexus debit card to spend your Social coins as fiat currency anywhere in the world. Fees will be minimal and as the card uses Visa infrastructure you can use it almost anywhere in the world.

We will use a technique called JITF (Just in Time Funding). Here's a breakdown on how an entire transaction will work using the Nexus debit card:

  1. User is issued either a physical or virtual Nexus debit card that is linked to their account wallet
  2. Card contains $0 at all times
  3. User swipes card to pay for a purchase
  4. Transaction is sent to our server
  5. Server checks which fiat currency is requested (USD, AUD, EUR)
  6. Nexus checks if user account wallet contains enough Social (SCL) to make the purchase
  7. SCL is then sold for requested fiat
  8. Fiat is moved to the debit card
  9. Transaction is approved
  10. Card balance is back to $0

Multi-Wallet

Your Nexus account wallet will be able to hold and store any Ethereum ERC20 standard token.

ShapeShift.io integration will allow you to convert between tokens seamlessly straight from your Nexus account. Convert Socials between ShapeShift supported ERC20 standard tokens or buy Socials directly with other ERC20 tokens. The Nexus account wallet is planned for launch early 2018.


Integrated Tor & VPN

By integrating the Tor API to our mobile applications, we hope to keep Nexus a secure and private social network. Tor functionality will be opt-in and only used by the account if requested.

We also have plans to use a built-in VPN within both mobile apps that can be paired with Tor to offer extreme browsing privacy while using Nexus.


Complete Transparency

No misuse of the communities data or violation of users privacy. All plans of development and future enhancements will first go through the community. Nexus also plans to open source all projects by 2018.

Think of Nexus as the first community driven social network where the users own their data, not the organization.

Imagine a full decentralized social network where all data and multimedia is stored on the blockchain instead of centralized servers.


Compliant and Registered

Nexus is a fully compliant and registered company based in Australia. We have all legals such as terms and conditions, privacy policy and posting policy. To top it all off, we have even trademarked our slogan and logo.


Funds Distribution

All funds raised will go straight into furthering the development and security of Nexus.

65% of all funds raised will go directly into development and expanding the team behind Nexus. 10% of funds will then go towards legals to make sure Nexus is compliant in all countries. 5% will go into technology improvements such as upgrading servers, purchasing EV SSL certificates and much more. Another 10% will go towards marketing Nexus to gain awareness about the platform and gaining more users. The last 10% will be distributed to one or more private security specialist firms to make sure Nexus is free of any bugs and exploits.


Coin Distribution

95% of all coins are available for purchase during the ICO. A maximum of 5% of the total supply of coins will be given to promote the product via multiple forms of digital marketing and development.

Zero tokens will be distributed to the Nexus team, instead, we will be implementing a "buy-back" program (see below). This will highly reduce the probability of a day one exchange dump that happens to most new tokens that hit the market.

No coins are offered for bounties as all bounty payouts are in BTC.


Buy-Back Program

Instead of allocating X amount of SCL to the team during the ICO period, we will be launching a buy-back program on the exchange. This way, SCL will be purchased with BTC instead of being allocated free of charge to team members.

A total of 5% of all SCL in circulation will be purchased back during the first 24 hours of it hitting the exchange to help SCL enter a bullish trend.


Integrated Ad Platform

Nexus plans to integrate a fully functional and semi automatic ad platform. The ad platform will allow users to create ads that are displayed within the news feed.

All ad spaces will cost an amount in Socials that is yet to be determined. Charges will be per impression and per click and will automatically deduct the amount in Social from the accounts web wallet.

Each ad that goes through the platform will be manually approved by Nexus to ensure quality.

Roadmap

  • 2014

    Nexus is registered as a proprietary limited company and development begins.
  • 2015

    The first closed beta version in PHP/MySQL is scrapped for a newer version built in AngularJS and NodeJS.
  • Q4 2016

    Nexus launches mid 2016 after 2.5 years of development. iOS and Android apps follow one month after the web version.
  • Q1 2017

    Further development on Nexus by removing bugs, attending to issues, and answering support requests.
  • Q2 2017

    Begun development on Ethereum smart-contract and marketplace integration.
  • Q3 2017

    Begun initial coin offering where users can get their hands on Social coins.
  • Q4 2017

    Release new version of Nexus front-end.
    • Full front-end re-development in Angular 4
    • CI adaption for zero downtime on new releases
    • Split back-end API from front-end project
    • Open source front-end
  • Q1 2018

    Release new version of Nexus back-end.
    • Re-evaluate and optimize NodeJS back-end
    • Better security for API
    • Post reactions
    • Restructure models and database for faster queries
    • End-to-end message encryption
    • Integrate 2FA
  • Q2 2018

    Finalise integration of Social coins into Nexus for marketplace purchases and fund donations.
    Perform one or more third party security audits.
    Create secure web based wallet for each user inside their Nexus account.
  • Q3 2018

    Ad platform where Socials can be traded for advertising.
    Development and integration of the Nexus debit card.
  • Q4 2018

    Move data and uploads to decentralized and encrypted storage.
    Distribution of Nexus debit card.
  • Beyond

    Just a few of the features we hope to integrate in the near future.
    • Integration of Tor API and built-in VPN
    • Bidding system for purchasing in the marketplace
    • Multilingual functionality to suit all users
    • Send Socials and other stored tokens through instant messages
    • Allowing general public users to become moderators and earn Socials
    • Single sign on functionality for third party integrations
    • Host multiple account logins without logging out
    • Continuously adding new features suggested by the users

Time Until ICO Close

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Bonus Rates

Rates based on 1 ETH
  • 750
    First day
  • 700
    First week
  • 650
    Second week
  • 600
    Third week
  • 550
    Fourth week

How to Contribute

Send ETH from one of our supported wallets

Set Gas Limit to 200,000

Send ETH to 0x582e3d8dcd41f586fbcc6559f16476d20b2a3b95

Add 0xd7631787b4dcc87b1254cfd1e5ce48e96823dee8 as a new token with code SCL and 8 decimals (optional)

Do not send funds from exchanges like Coinbase, Poloniex etc

Do not send your funds before the crowdsale has begun

SCL will be sent immediately to the wallet from which the ETH arrived

Supported Wallets

Role of Coin/Token - Used to buy goods, services and ad spaces on Nexus

Symbol - SCL

Maximum supply (hard cap) - 50,000,000 SCL

Available for purchase - 47,500,000 SCL

Emission rate - No new coins will ever be created

Accepted currencies - ETH only

Price - 1 ETH = 500 SCL

Minimum transaction amount - 0.04 ETH

Main ICO sale period - 01:00am GMT Aug 17th 2017 to 01:00am GMT Sep 15th 2017

Coin distribution - Contract will distribute coins/tokens instantly upon receiving ETH

Minimum goal - 250,000 SCL

If minimum not met - Refunds will be issued via the smart-contract

NOTE: Our minimum was hit during presale

Check your SCL balance by entering your ETH address below

Our Team

Jade Mulholland

Founder & Lead Developer


Jade graduated from Bond University with a Bachelor of Multimedia Design with a double major in Information Technology and advertising. Since then Jade has been working as a full stack JavaScript developer with modern technologies such as Angular, NodeJS, TypeScript and Webpack.

Mo Abbas

Backend & Solidity Developer


Mohamad has been working as a backend developer with Microsoft technologies for decades. His experience varies from online stock market platforms to fully integrated custom CRM systems. Mo’s recent experience includes Solidity development and smart contracts with Ethereum.

Ryan Dobbs

Senior Developer


Ryan is a senior developer and project manager. He has more than a decade of experience with backend and web based technologies such as .NET Core, MVC frameworks, NodeJS, MongoDB, C# and much more. Ryan is new to the Nexus team and will be leading API and backend development tasks.

Gareth Benjamin

Full Stack Developer


Gareth is a senior developer excelling in front and back end web technologies such as ASP.NET, jQuery, Angular, C# and much more. He graduated from Griffith University with a bachelor of technology and computer programing in 2003 and has been excelling in web development ever since.

Our Advisors

Frank Bonnet

Advisor


Frank is the founder and lead developer of DCORP, an autonomous, decentralized and democratic organization that exists on the blockchain as a series of smart-contracts. Frank provides his expertise on Solidity development for our smart-contracts.

Hansco Leek

Advisor


Stockbroker, entrepreneur, investor, early Bitcoin adopter and co-owner/founder at Autodealers (successful Automotive IT company) among others. Hansco assists and advises with service management and business relations.

Support

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Please note: Nexus is still in the final beta stages of development. Do not store any sensitive data within your account/profile as it could potentially be accessed by anyone. We are currently working hard to secure all bugs and exploits within the system and will be outsourcing audits to multiple specialist security companies to ensure safety of all data. Until then, please treat Nexus as a demo.

Our token is called Social. The decentralized platform where Social will be used is called Nexus. We are not associated with the already existing Nexus coin.