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#Post#: 1824--------------------------------------------------
Such as the likes of traditional
DIR By: abu raihan
Date: September 9, 2023, 4:52 am
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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
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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.
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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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