Blockchain-analogue Medium introduced the function of crypto-subscription

in trading •  2 years ago 

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Blockchain Blogging Service Mirror Adds Possibility to Subscribe Using a Cryptocurrency Wallet Address

Mirror, the blockchain analogue of the Medium blogging platform, introduced the functionality of subscribing to new content using a cryptocurrency address. The developers of the project reported this in a blog.

According to the announcement, the innovation will allow readers to subscribe to any publication using a cryptocurrency wallet and receive email notifications. The Web3 subscription opens the door for content creators to form a community with just a single cryptocurrency wallet, Mirror says.

“We are convinced that wallets are the main representation of identity in Web3, and creators will want to create a community represented by wallets, not email,” the project said.

Mirror developers believe that the centralization of communities around crypto wallets will create a new design space with “tremendous opportunities for next-generation social applications.” However, for now, readers can only use Ethereum blockchain network addresses to subscribe. When the developers will add support for other ecosystems is unclear.

See also: Binance raises $500 million to invest in Web3 startups

The cryptocurrency market has long been experimenting with new use cases for blockchain derivatives outside of the financial market. For example:

The former top manager of TikTok announced the launch of a blockchain startup for games.
Coinbase founder Brian Armstrong has invested in a life extension startup.
Media conglomerate Outside decided to create its own analogue of the STEPN cryptocurrency fitness project.
At the same time, blockchain developers are experimenting so actively in the direction of decentralized social networks that a whole class of such projects has already appeared. For example, the editorial staff of BeInCrypto wrote earlier that a native of Coinbase raised $30 million to create a decentralized analogue of Twitter. And earlier, the founder of Twitter, Jack Dorsey, funded the Bluesky initiative, aimed at creating a decentralized analogue of the social network. However, at the time of writing, Bluesky did not provide a ready-made and available product for use.

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