Upcoming ICO: FidelityHouse hopes content will be king with new ICO

An ICO that capitalizes on the ‘information world’ will begin a presale on December 14th.

Upcoming ICO: FidelityHouse hopes content will be king with new ICO

FidelityHouse, a social content platform enables users to receive updates on their interest and passions, publish content and generate earnings on views, via what it describes as ‘an innovative and fun community’.

The UGC platform of  choice 

As a user-generated content platform, FidelityHouse wants to be the ‘go to’ place where creators of original content gather. It believes that thanks to new technology there is room for an improvement of user-generated content model thanks to the rise in technologies now available, including blockchain which it says, is a key enabler allowing users to develop trust with its Ethereum-based platform and be part of the innovation behind it.  

Blockchain development 

FidelityHouse began in 2011 with no marketing budget and it is now one of the leading websites in Italy with 750 million page views per year. In an article in Forbes Italia, FidelityHouse CEO, Francesco Fasanaro says the next step is to grow its model by combining the content through a revenue sharing system, based on cryptocurrency and blockchain technology. The chain of blocks will make the management of the life cycle of the content more fair and transparent and it will monitor issues like plagiarism through its algorithms.

ICO details

The presale will begin in 24 days’ time with a price of 1 FIH equal to 0.0002 ETH. The public ICO will begin in February 2019 when there will be a soft cap of 50,000,000 FIH and a hard cap of 500,000,000 FIH. The token supply cap in the ICO is 1,000,000,000. Those participating in the ICO or presale will receive an airdrop - the amount will be based on how many tokens have been purchased and the non-movement for 3,6 and 9 months after the closing of the ICO. For more information on the token sale and presale, read the whitepaper which can be found on the Fidelity House website.

 

 

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