Social Media!
Social Media, one of the internet kings that rule us all. Messages, videos, photos, games... a wonder of technology! A digital never-ending world. People can spend hours upon hours surfing social media and still have more to surf, there is always something happening to someone somewhere around this ball of dirt that we call planet earth. Unfortunately... it's poorly designed.
Social media is poorly designed, at least for us, users, not for the big corporations... the companies behind big social media websites like Facebook prey on humanity's most basic instincts, reproduction, acceptance, actions that release a lot of dopamine, and make us, users, work for them, monetizing our content, our attention, and our data without giving us anything!
Social media websites like Facebook were able to get an army of photographers, videographers, writers, an army of content creators without paying them anything! The only thing the creators get paid is in the form of likes devoid of any value, likes that, for some reason, give us humans a release in dopamine, make us feel accepted! Not only this, but the fact that a lot of people post beach sexy photos to get even more likes means that social media is also exploiting our reproductive drive without paying us anything! I guess Facebook is our pimp...
Some social media platforms want to give their user-base some money back, but it's really really hard, mainly because the cost of doing large scale transactions in the current monetary system is immeasurable! And the time and effort it would take would be really too much for the current infrastructure to withstand. But not with crypto...
Social Media 2.0 is one of the top use-cases for crypto in my opinion. Social media that monetize our content and also shares the ad revenue with the users in a frictionless and fast way. Ad revenue share models that pay the users based on the amount of traffic they bring to the platform, or ad revenue share models based on the consensus of the community regarding how good a specific content is.
It's going to be a revolution in my opinion! Something that we haven't seen before in our lifetime! It's about time we had a revolution like this... with the world going robotic we need new ways to earn value, we need new jobs, we need a social media cryptographic evolution! We need Social Media 2.0!
Yesterday I decided to go around the current social media 2.0 platforms available, and see what each was doing... many were doing ad revenue share models! Uptrennd, SoMee, Leofinance, Publish0x, minds, all of them are, in some way or other, giving value back to their community, value that comes from the ad revenue. Unfortunately, there are some bad apples in crypto, truly shameful... there are still some social media platforms that although they give their community cryptocurrency, the cryptocurrency they give is based on nothing, the demand comes from sucking in new suckers and not from the monetization of the content of the users! And the worst part is that the content is indeed monetized with ads, but the platforms keep all that revenue for themselves!
These bad apples are giving air to their community and hiding the fact that they are giving air to their community with fancy "blockchainy" words. Muh Decentralized, Muh cryptocurrency, Muh token, Muh you own your content... And they keep diluting the value with inflation month after month, and if new suckers stop joining the price will go down to near 0 (like many of the ones I'm mentioning are at), while the others have a constant demand from ad revenue buying their token.
In the end, just like everything, if you are using this new Social Media 2.0 think and research a lot in order to focus on the ones that will thrive, ask where the value is coming from, if you can't explain it in a simple way are you sure there is even monetization and value? Are you sure you are not getting air?
Social Media 2.0 can be one of the most revolutionary things we will be part of in our generation, choose the blockchains and platforms wisely! I'm already earning a little from a lot of the good ones:
Publish0x
Uptrennd
SoMee
LeoFinance
If they keep up with the good progress, increasing the amount of content, ad revenue and userbase they might be worth a future investment long-term. And earning a little from all of them plus increasing the followers in all of them might enable a future marketing potential that we still can't comprehend! As an entrepreneur, marketing is like half the battle for many businesses.
Images Free Source - 1, 2,3,4,5,6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27 - Tradingview snapshots too.
Question of the day: What social crypto platforms do you know that are sharing their ad revenue?
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