The importance of social media in this current era cannot be overemphasized. Several people depend on it for their survival undisputedly; we have several companies, industries, firms, organizations, groups and even institutions that rely solely on social media platforms to interact with their supporters and clients on daily basis, even the world political leaders communicate to their followers through social media platforms as most of doesn’t have enough time visiting the press, I hope we now see the indispensable role the social media sector plays in the global economy?
So when we talk about social media, there are few names that come to our minds readily such as facebook, instagram, twitter and whatsapp. So if I may ask you all, how much have these platforms ever paid you for posting your contents online? I’m sure only the premium content producers can boast of getting paid of their posts which only represent a little percentage of the total number of social media users. Asides that, there are several other issues endemic to the conventional social media in circulation such as lack of escrow systems for transactions, slow transactions, lack of rewards for advertisement views and unavailability of speech freedom. All these issues are as a result of monopoly in this sector which has greatly led to high level of centralization.
If we must witness a positive change in this industry, then decentralization policy must be largely adhered to and this is a feature being offered to us by the blockchain technology, and luckily for us, Ozcar platform has positioned itself in the front to lead this great revolution in social media industry.
Ozcar is a social media platform that is decentralized and based on blockchain technology and targeted towards incentivizing social media users for their engagements online. Alongside this, the platform has put into place adequate security measures to ensure utmost privacy of all users.
The Ozcar platform aims to bring a total revolution to the world of social media through its three main products; Ozcar App, Ozcar Messenger and Ozcar Exchange.
Ozcar messenger comes with cryptocurrency wallet that will support digital assets management alongside its excellent messaging system. In order for users to finalize deals, the Ozcar messenger also has a transparent escrow system that allows ranking/trust status.
The Ozcar application will bridge the gap between artists, film makers, content creators, users and advertisers and shall be based on the blockchain technology to reward users (with OCR tokens which happen to be the platform’s token) for their engagements on the platform.
The third product which is the Ozcar exchange will allow the buying and selling of cryptocurrency assets including OCR tokens. This exchange shall be integrated into the Ozcar messenger and Ozcar App.
An interesting feature of this exchange is that the platform shall recycle 40% of total trading fees revenue from the exchange to incentivize users, content creators and advertisers that holds OCR tokens.
There are other exciting features available on Ozcar ecosystem such as;
- Available of escrow system
- Low transaction fees on the messenger and exchange
- Support of multiple digital assets
- 24/7 customer support and
- Availability of incentives for referrals.
OCR token being the native token of Ozcar platform is an ERC-20 based utility token with a total supply of 625,000,000 and has an initial price of $0.25. Payment of fees on the platform shall be done using this token.
Conclusion
With the 3 core products of the Ozcar platform, it’s obvious that the platform is more than capable of delivering effectively. Incentivizing social media users through cryptocurrency is indeed an innovative solution to the problems endemic to the social media industry and with the solution being offered by Ozcar ecosystem, then we are just about to witness a new dimension in our social media experience.
Have more enquiries about Ozcar? Kindly check the links below;
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