Social Media Platform SoMee Secures $50M Investment Commitment

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The unicorn stand comes from GEM Limited digitala digital asset investment group that is involved $50 million through a token subscription facility in $SME.

DOVER, Del., August 26, 2022 /PRNewswire/ — GEM’s investment commitment will enable SoMee to propel significant growth while enabling the company to provide liquidity to its Hive-backed $SME token that users earn and trade through the SoMee network .Social.

Since SoMee’s platform uses blockchain technology, people using the platform see USD earnings shown on each post which is based on the current value of the $SME & $HIVE tokens that users of the platform earn when they “like” or post content on SoMee or any other HIVE-based Application that uses SoMee’s post data.

SoMee has already announced several partners, one of which has 70M wallet holders and plans to share SoMee with their entire user base. Another partner just announced is Hawke Media, which will run SoMee’s influencer program that will allow participants to earn referral commissions.

SoMee is officially launched in the Apple (iOS) and Google (Android) application stores on the first of September 2022 and already has a web app available for online use at SoMee.Social.

On the technology side, SoMee uses Amazon Web Services (AWS) large-scale technology that has the ability to support rapid user adoption, and its blockchain, Hive, has been battle-tested for more than 5 years old with millions of users and has three second block times. SoMee holds no private keys and gives users full control over their platform’s earnings.

About GEM
Limited digital

GEM Digital Limited is a digital asset investment company. Based in the Bahamianthe company actively sources, structures and invests in utility tokens listed on over 30 CEXs and DEXs globally.

Gem is a $3.4 billion alternative investment group present in Paris, New York and Bahamian. GEM manages a diverse set of investment vehicles focused on emerging markets and has made over 530 investments in 70 countries. Each investment vehicle has a different degree of operational control, risk-adjusted return and liquidity profile. The family of funds and investment vehicles provides GEM and its partners with exposure to small and mid-cap management buyouts, private investments in public equities and certain venture capital investments. For more information about Gem, visit: https://gemny.com

About SoMee.Social

SoMee received early seed grants from IBM and AWS for their blockchain-augmented social media platform that prioritizes user privacy and empowerment. SoMee does not share user information without permission, and its users’ posts on SoMee are safe, secure, and owned by each individual. Additionally, strong incentives are designed to encourage user interactions and quality content to cultivate a community-building and safe social environment. SoMee.Social offers several ways to earn rewards, starting with content monetization, and reward options for active community participation or for sharing your data if you choose to do so in the advertising market. .

As SoMee is a blockchain-independent platform that uses the HIVE blockchain as its first sidechain, users earn $SME, $HIVE, and $HBD for content rewards and an Ethereum-powered advertising system based on $SAT (SoMee Advertising Tokens). Additionally, users can increase their network earning potential with Power Boost packages, which extend their $SME earnings and $HBD earnings on the Hive network.

Additionally, SoMee continues to innovate in the social space by working on future features, such as social content moderation (a user-centric moderation strategy that is both fair and equitable for all users of platform), sector-specific social media spaces (to enable under- or under-represented cultures, or sectors of society to have better representation online), and advanced security for media users social online. SoMee’s vision has always been and continues to be that users are free to do what they want on social media, and that their voices matter and are equal. All efforts towards this end dictate how the platform creates new features and services for its users.

In terms of advertising, $SAT is the only token used by advertisers to pay for their campaigns. Additionally, influencers will need $SAT to participate in $SAT Elite campaigns which offer higher monetization amounts and special benefits within the AdShare Marketplace, scheduled to release on 2n/a quarter of 2023. For more information on SoMee or to participate in the next social media experiment, visit:

Web app: https://SoMee. Social Blog: https://devs.someesocial.com/

SOURCE SoMee

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