Lumeos - new blockchain-based social network

Posted 08 June, 2018

The founder of Bee Token has announced Lumeos social network based on EOS blockchain.

Lumeos is a decentralized social network with the privacy of the personal data being controlled by a user. The project will be based on the EOS blockchain, which allows adjusting different access rights.

"Lumeos is one of the first networking platforms to truly give users unparalleled control over the access to and the privacy of their own data," the company statement reads.

The social data is encrypted with the key in the account on blockchain and can be transferred to other users free or for LUME tokens. The users will receive coins for sharing of their data.

"As a result, Lumeos allows thorough processes for the user to monetize their data through opting into ads, sharing their information with advertisers, and participating in polls"

The first phase of the project will involve the network via polls. The participants are said to get LUME tokens for polls and spend them to check results interesting for them.

According to the reports, the founder targets expansion of network's features considering the interests of the wider audience and monetization models to lure new advertisers and polls launchers.

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