Ultimately, I just have doubts about competing in the already competitive social network market
This is a very good point. I would be interested to hear from SUGAR about how this effort compares to this one:
https://lgbt-token.org
It's backed by Hornet Networks (social network for LGBT with 25 million members).
IMHO it sounds super difficult to start with the token and then build the social network around it (than doing it the other way round)
I'm a member of the LGBT minority and only recently discovered crypto, ICOs, etc. I would like to invest in an ICO to support our movement and I'm trying to decide between these two ICOs. I have no idea how you evaluate/compare ICOs.
Any comments are welcome.
Cheers.