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Messages - abu raihan

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General Discussion / Such as the likes of traditional
« on: September 09, 2023, 04:52:01 am »
Being at the center of a digital economy that distributes the generated earnings to all nodes of the network. What about social networks? Some first platforms of this type, based on the web3, are actually starting to see the light: one of the very first cases is APPICS, whose application was distributed on the app stores in April of this year. APPICS is a blockchain-based social platform that allows all users to earn cryptocurrencies based on their social activity . The goal is to transform a "vanity metrics" social networks into a currency with economic value.

It is the network in which the user is no Phone Number List longer just a consumer of content, but a "prosumer" (crasis between producer and user) who therefore actively contributes to producing the same content that he then consumes." Andrea-Signorelli-Tondo-BN-1 Andrea Signorelli Journalist expert in digital innovation However, the experiment that perhaps more than any other allows us to understand how a social network that incorporates cryptocurrencies could work is that of Reddit.



As explained on Slate , "Reddit is starting to make its way into web3 by figuring out how to use tokens to allow members to own portions of the communities that participate on the site. The idea is that users will use coins called Community Points, earned based to the number of posts published and how many upvotes or downvotes they receive. These coins will offer proportional voting rights, allowing those who publish the most valuable contributions to have a say in the management of the community". It is not only a question of decentralized governance, but also therefore of a tool that allows all users who conquer shares.

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