

4/8/2018

Review of the iShook Whitepaper.

iShook is an existing company that has been in business for over 5 years. iShook seeks to leverage Blockchain Technology to improve and expand its existing business. iShook has an existing web-based platform called ishook.com where authors and readers can connect, purchase and share content.

The Vision

The Whitepaper details the iShook vision.

“At iShook, our goal is to connect content creators and audiences while leveraging the blockchain technology and of course to ensure rich content is delivered to end users. What

began as a vision and successful platform that enables publishers and booksellers to distribute their works to millions of users are seeking to break those limits and move to all forms of content.”

Interesting to note the while iShook stays true to its original mission to connect publishers, booksellers and sell their works, the door is left open for iShook to “expand to all forms of content”. The ability to move beyond ebooks into other forms of electronic media will give iShook more options in the future.

The whitepaper notes the iShook will be a refuge for inspired content creators that can not be heard in the current social media sphere dominated by Facebook, Instagram, and Twitter. The platform will make the creation of ebooks quick and inexpensive. The platform will create a ready-made audience of readers with new marketing efforts that will bring over 1 million readers to the platform.

Authors on iShook can self-publish for a low fixed annual fee. This low annual fee allows the author to publish an unlimited amount of works. This is a great advantage for authors and they will increase the amount of content they create on iShook as a result.

Readers will be able to connect with authors directly. Each author will be able to create a community based on their works. Readers add notes to works and exchange notes with other readers and the author. A social community of authors and readers will be the result.

Existing Technologies

iShook stands out among Blockchain startups because it is an existing business. The iShook ecosystem is already in place connecting thousands of authors and readers.

The iShook web presence:

1 – www.ishook.com: The primary social networking platform

2 – www.ishookdaily.com: News, blogging, and articles

3 – www.ishookstore.com: E-commerce store

Source: iShook whitepaper

iShook also has a partner website Gardners UK www.gardners.com. This partnership gives iShook access to another 12,000 authors and over 60,000 ebooks.

ishookdaily.com will give authors the ability to create daily blogging content to keep readers engaged. ishookdaily.com also will allow authors to market merchandise, (cups, pens, etc) which readers can purchase at ishookstore.com. ishookstore.com will give content creators a channel to sell items beyond ebooks to readers.

The iShook mobile app.

The iShook app is available now in the iOS app store to download. The app has been downloaded over 120,000 times and has 40,000 free ebooks and 20,000 ebooks for purchase.

Blockchain Technology:

iShook will use Blockchain Technology to protect intellectual property rights of authors. iShook is working with Gardners UK to use blockchain technology in a manner that will tackle

the issues of verification and proof of identity both critical to the long-term success of the iShook community.

iShook Tokens:

The iShook Token will be used for all payments on the ishook.com ecosystem. The iShook Token is an ERC-20 token native to the Ethereum Blockchain. iShook has plans to build value for the iShook Token.

Content creators will have the ability to receive additional royalties for their work paid in iShook tokens. The Content creators can sell the tokens on an exchange for cash, or use the tokens on the iShook platform to reward readers or pay for advertising to expand viewership.

Authors will have the ability to create live question and answer sessions where readers pay in iShook tokens for access.

Readers will get discounts on purchases of ebooks and merchandise by using iShook Tokens.

Token Generation Event

Next, we cover the details of the iShook Token Generation Event listed in the whitepaper.

The iShook team is leaving 50% of the available tokens to use on the iShook platform to ensure the health of the iShook ecosystem.

Tokens not sold at the token sale will move into the vendor payments area to allow for iShook to promote the platform and create growth.

The Founders of Ishook.com

The Roadmap for iShook.

1st. Quarter 2018:

iShook app development for iOS 11+ and Android 8.0+.

yChat application for release inside iShook Ecosystem.

3rd. Quarter 2018:

yChatPro application development for authors direct contact with readers.

1st. Quarter 2019:

The release of iShook TV in Apple TV

The release of ishookMD.com on a medical platform

The details of the roadmap are outside the scope of this review, but the information on an iShook TV app that will be used in smart TV’s seems very promising.

The iShook whitepaper is well thought out and reflects a deep commitment to growing the iShook community. The founders are passionate about the iShook community and want to expand the community using the iShook token and blockchain technology.

I expect the iShook community to grow and the value of the iShook token to grow as a result.

iShook ICO website:

iShook Platform Website

Written by: icomasterether

Bountyhive.io ID:icomasterether

copyright: icomasterether.com