Here's a look at 5 social media platforms on blockchain, or experimenting with blockchain and cryptocurrencies. Where we can make money socially ..
A highly customizable, democratic social news platform built on the capabilities of the Epirum blockchain,
Sapin (Sapin Network) sees itself as an alternative to social news platforms such as Facebook and Google.
"We want rock butt up to revitalize society," said Ankit Bhatia, co-founder and CEO of Sapin, at an event in Palo Alto, California in December 2017.
According to a recent post by Sam Matthews on Medium, its mission is to "champion consumers and truth, not gain, because the core purpose of its core network". "Blockchain is the inspiration on which a truly transparent and democratic platform is often built," the post said, adding that it does not "save millions of content creators and curators."
"Modern social news sites are obsolete and dangerous," Mathews explained. He says: "Sapphire rewrites the social network experience to make the user a champion and thus take advantage of Blockchain's powerful capabilities. In doing so, the Sapphire team hopes for a brighter social future that Without sacrificing the importance of transparency and accuracy, just bring out the people, their creations, and their ideas.
STEEIT (Steemit.com) describes itself as the primary social network built on the STEEM blockchain, a platform for publishers to hire content that can generate content and promote the community. This is an absolutely Reddit.
"Although most social media sites put this value out for the benefit of their shareholders, Steam believes that users of the platform should receive the benefits and rewards for their attention and thus in the platform. The partnership they create. " Its website "From its root, Steam is just a point system. However, since this points system is based on blockchain, most points are sold as tokens in the markets. People buy and sell these tokens. Are, and hold mostly in anticipation of increased purchasing power for various STEEM-related services. The rewards people receive are tokens that have a market value and are easily traded. This is how a video game player can get limited items or currency by playing a game.If the currency or items are interchangeable between consumers, they are going to sell or buy it in the game item market.
"I wish I was in the Stone Age when I'm on Facebook or Twitter," David Kadway, a Steam user, told Bloomberg. "They have no value without the part you are adding to them. If Facebook doesn't respond, things could change very quickly. They need to be very concerned."
Sola (sola.ai) may be a hybrid of media and social network with users who are completely managed by AI.
The platform, which consistent with its website has quite 700,000 users worldwide, is predicated on what's referred to as the "concept of following". Sola “spreads information sort of a viral disease among the foremost interested users, using AI algorithms in conjunction with user feedback. Quality material can easily reach the whole sola base. Users post news, stories and fun cards, Sovala takes care of the remainder .
The platform, Merkel explains, uses ActionPoints, or Sola internal virtual currency, which has no financial value unless someone endorses or endorses content thereon . this is often when the action point is converted into a SOL token.
Co-founder and CEO Ilya Zodin explained in an interview with ICO Alert that "SOL may be a sign of a utility that serves monetary function." The partnership facilitates the sharing of revenue, which provides a robust financial incentive to use our service and produce quality content.
He added, "As a cryptocurrency, SOL also can be utilized in the Sola ecosystem to get services and is additionally utilized in the external use of the Sola platform. Entertainers and influencers but also participate and earn money.
Indorse (indorse.io) may be a decentralized platform like LinkedIn supported Ethereum blockchain.
The platform uses a spread of methods to validate expertise, including decentralized consensus, where samples of expertise are decided anonymously by other users. It also uses AI-based systems like chat bots for automatic real-time authentication.
Unlike traditional social media platforms, where users can make a claim about themselves that's often considered true, Endors confirms and validates that claim, and rewards users for verifying the skill set of others. , because the Singapore Business Review explains. To do so, the user must attach a symbol to verify every endorsement claim for other members.
"If someone is an expert at Node JS, they create claims and present evidence, like their gut hub reps," said David Muscovitz, co-founder and CEO of Endors. "Other members of an equivalent domain in Endorsement also confirm this. supported consensus, this claim is either" blindfolded "or flagged."
According to their website, users are rewarded for his or her activity on a platform that contains IND tokens. These tokens can later be traded or used on the platform to get services like advertising, or pages from a corporation with a verified connection.
Somee.social (Somee.social) can be a blockchain-based social dashboard that provides easy control for both centralized and decentralized social media networks that also support community building and social interaction with cryptocurrency rewards. It runs on two blockchains, Ethereum and Vivos platforms.
Founder and CEO Christopher J. Kramer explained to SkateTelegraph, "This blockchain is transforming social media through censorship-resistant, global ledger technology that allows everyone to access their data and monetization without the need for top-down control. Keeps. "
The corporate states that Somee.social "brings all private social networks together in at least one place." "In other words, an individual's content is often distributed to them or to any network at the same time through the onG network. OnG goes a step further by earning the efforts of the participants within the network. Unlike traditional systems where content creators need to scout for advertisers, the NG Network technically lends advertisers to content owners.