Discussion to follow on decentralized social media
We’ve heard enough about how Web 3 will shape the creative economy, so let’s move on. Numerous blogs discuss the Web 2 giants and how to produce content for them.
The world is transitioning to an ownership economy, and soon the centralized platforms we currently use will be replaced by decentralized ones that are advantageous to creators.
We’re going to speak about several Web 3 substitutes for the most widely used social media sites today.
Odysee, a Web 3 version of YouTube, debuted in December 2020.
Because of free expression, it has been able to grow its user base in just a few short years.
The LBRY network is home to video material hosted on the platform.
The creator’s channels cannot be erased because the content is preserved on the blockchain. There are no moderators, and community members handle administration. Tokens are given to everyone who uses the platform to build and views the video.
The absence of censorship and advertisements is the best feature.
Supernovas, the Instagram of NFTs, is the platform used by Web 3 natives who are deeply involved in the NFT community.
The DeSo blockchain, renowned for its open-source social media infrastructure, serves as the foundation for the platform.
The Supernovas platform is a great place for NFT artists and collectors to interact and create a community of art enthusiasts.
A blogging site called Mirror.xyz was introduced as a decentralized alternative to Medium. To participate in the DAO and make contributions to the protocol, writers needed $WRITE tokens.
The community could vote on the projects and contributors they wanted to read, thanks to a voting system that was in place.
Then, authors were permitted to use NFTs to crowdfund their initiatives.
Diamond is a significant one from the DeSo blockchain and a decentralized alternative to Twitter.
It is also an improved version of BitClout, which gained notoriety for using celebrity names to steal and then sell their tokens.
On the other hand, Diamond lets users buy and trade the tokens of their preferred influencers on the network.
Readers have the option to commend platform users’ tweets. The software also enables currency launches by creators.
Web 3 has revolutionized both social networks and professions. The web3 social media website development professional network, according to Entre.
It is very beneficial for professionals looking to network, employ, or raise money because it allows you to make money while utilizing the site.
Fortunately, it’s protected from the Linkedin hordes and will probably remain that way as long as it’s still quite young.
It is more entertaining than LinkedIn, thanks to the gamification and reward systems, which designers can use to their benefit.
Numerous new social networks are entering the market.
Anyone wishing to innovate in this space has access to the infrastructure thanks to open-source and blockchain technology through protocols like Lens and DeSo.