'Like, Share and Earn! The Future of Social Media in Web3' by gibbonslill web3 oct_network
Sharing is caring or so we are told but when does sharing become careless or when do you get rewarded for investing time in the content you are sharing?
What began with a promise to keep us connected has ended up being a connection with the irritating brands we want to run away from. Now, I am not saying that the collection of this data is a bad thing. In fact, it is going to happen anyway, whether through government agencies, companies, or individuals. However, more autonomy and responsibility placed in the hands of the users give the platforms more agency in the long run.Nurturing creators to provide quality content“Waivlength is a social media platform in development that aims to lead the new age of social media.
“Content creators with large followings are forced to look externally for ways of monetizing their work. This often means conforming to existing consumerism strategies of personally endorsing or advertising products. Oftentimes, contrary to their ideals, creators are forced to sell out on part of their identity in order to earn,” continues Ward.
For Al-Naji, "The solution to centralization in the financial system wasn't to put Warren Buffett in charge of the money. It was to use technology, namely bitcoin, to completely overhaul it and decentralize it. The same overhaul is needed in social and we think that blockchain is the answer there too. "
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