SINGAPORE--(BUSINESS WIRE)--SELFLLERY (https://selfllery.com/) the photo-sharing platform that uses blockchain technology to reward its members for their contributions, closed its presale on January 20th, having successfully raised over $1 million. They have announced that the token sale will begin on March 5th, 2018.

SELFLLERY changes the game of social media monetization, taking the lengthy and complicated process of earning revenue from social media contributions and making it easy and user-friendly - even for those without any prior knowledge of blockchain. Every user who is active on SELFLLERY brings value to the platform, and is rewarded with SELFLLERY’s YOU token, which serves as the platform’s virtual economy. SELFLLERY’s Stock Photos feature enables users to get their reward immediately, using a monetization platform based on smart contracts. Users are then able to make purchases from the SELFLLERY marketplace, sell their photos as stock photos, donate to charity, and pool money for competitions and photo quests.

The platform also uses smart contracts to offer a gamified AdTech platform, which turns photo quests and photo contests into marketing tools. Brands and advertisers use the YOU token to place ads on the platform, and create smart contracts with bloggers or influencers to advertise on their profiles.

Members who signed up during SELFLLERY’s presale were eligible for a large token multiply factor, which will increase their rewards when the project goes live. SELFLLERY’s Token Generation Event (TGE) is scheduled to start on March 5th, 2018. 1 YOU is equivalent to 0.001 ETH. YOU Tokens can be purchased via Bitcoin or Ethereum. SELFLLERY has set a soft cap at 10,000 ETH and a hard cap at 55,000 ETH.

“We’re very happy to see SELFLLERY’s success, and to see our new members sharing in our excitement,” says Vadim Onishchenko, founder and CEO of SELFLLERY. “SELFLLERY’s mission is to share the profits from our social platform with the people who help develop it, rewarding their talents, their creativity and their efforts. Every social network makes money from user-generated content - we are giving it back.”

About SELFLLERY

Founded in 2016, SELFLLERY is a social platform that allows users to post photos and other visual content, and receive rewards in cryptocurrency for their contributions to the platform. SELFLLERY was founded by Vadim Onishchenko, a professional photographer with experience in over 200 successful for-profit and non-profit photo projects. SELFLLERY recently completed a successful presale, during which the company raised over $1 million.