ClassyCoin is a high value, peer to peer decentralized digital currency that is based on the ERC20 token and deployed on the Ethereum blockchain. It is a cryptocurrency of the same nature as Bitcoin and Ethereum, but with a much bigger aim to specifically serve and help the Social Networking Industry. The coin is intended to whiting Classy Network to buy ad spaces, pay for goods and services and give tips to friends and families across the Classy Network. At Classy Network, we believe in supporting community building and social interaction with cryptocurrency rewards. For inspiring participation in the community, ClassyCoin would be presenting the users with a currency or a free market economy that is a fair accounting system, and consistently reflects each person's contribution. ClassyCoin aims to accurately and transparently reward an unbounded number of individuals who make subjective contributions to its community.