The Blurt blockchain was created using a prototype of the SocialGraph generator. A platform that, once refined, will be able to churn out turnkey blockchains based on any Blurt snapshot, just add witnesses! The SocialGraph team are the founders of Blurt, which is one of many niche chains intended to be launched via SocialGraph technology. You may have heard Zapata for example will be launching once the Blurt bugs have and best practices have been ironed out.

Rather than having a token side-chain or having Smart Media Tokens existing ontop of the base chain, the SocialGraph foundation is taking a different approach of providing projects greater flexibility of having their own full blockchains, complete with witness incentives to supercharge their communities.

The SocialGraph license entitles the holder to use the technology with no upfront costs, instead SocialGraph licensing requires a negotiablle 5% stake of both the total supply and inflation which will further fund the foundation to develop, market and hire the best talent in the industry for the furtherance of all SocialGraph communities.

The value proposition of Blurt is enhanced by speculative "hoddling" to claim airdrops from future chain launches.

The SocialGraph foundation will be incorporated in a yet to be determined location, a Seychelles International Trust is being considered as a top candidate.

The trust will be governed by trustees and the beneficiaries will be the SocialGraph ecosystem which will be listed in a central DEX to be developed in future.

The Steem Inherited Proposal System

The Burt blockchain inherited the Steem Proposal system, also known as the DAO, which gets funded at a rate of circa 433 Blurt per hour, traditionally developers, marketers and project owners could issue proposals and get them funded. The issue there is that the funding is not guaranteed and midway through development the funding could be cut off by community voting in favour of a return proposal or simply deciding to no longer support the development in favour of something else.

The other risk to the community is that such proposal systems are largely not monitored nor quality checked.

On Blurt this proposal will serve to send all dao daily funds to the SocialGraph trust account, grants and hires will then be issued from the fund and paid upon milestones and performance.

This proposal will be voted by the regent account which holds 50% of all network voting power and slowly decays in a linear fashion over two years, at which point the DAO will function as normal and community proposals can be issued directly.