Whether or not the growing popularity of decentralized networks will permeate the world of social media and networking is still remain unknown. Growing number of platforms are springing up, seeking possible ways to leverage on blockchain technology to transform the space. We believe that the trend is inevitable and it will just be a matter of time till mass adoption of the technology.
Below is a list of top platforms currently using blockchain technology to revolutionize social media and networking space. Which platform will eventually survive the selective pressure and come up on top? Time will tell. Feel free to let us know your thoughts in the comment section below as well!
Disclaimer: The purpose of this list is not to pick the ” best ” cryptocurrency. The fundamental purpose of this list is to encourage community engagement and intellectual debate among the supporters of different cryptocurrency projects. We provide a third-party platform that hopefully makes people think. Too many times people are blinded by the community enthusiasm in official social media channels of individual projects and fail to see through the veil. By bringing supporters of different projects together, we hope to unravel the actual value and sentiment of each project via civilized debates. p.s. Nothing in this article should be treated as financial advice.
Note: For submission of ICO Projects/ sponsorship opportunities, please contact @cryptoverze for review.
QbaoNetwork is a smart crypto-wallet. It aims to build the blockchain ecologic platform and to create the entrance to blockchain world.
It integrates multi-function with cross-chain Cryptocurrency Wallet, Payment & Settlement, Token Exchange, Social Network, News & Quotes, and DAPP Store. QbaoNetwork serves global digital currency users, by providing users with cross-chain, decentralized, secured and easy-to-use digital asset platforms. QbaoNetwork is an one-stop application that meets the needs of people in digital currency payment and settlement, digital asset management, digital asset trading, online consumption, identity authentication, news, and social communication. It provides global users access to digital economy and life.
Sociall Token strives to revolutionalize the social media world. It is a decentralized social platform that stores data uploads within an encrypted decentralized storage solution that is maintained by the network.
Steem is the coins that powers the blockchain based platform Steemit. Steemit a social content network that bases its operation on the blockchain. The platform incentivizes content creators to make great contents by rewarding them with STEEM.
It uses its currency as a reward to writers when their content gets upvoted. Apart from the content creators themselves, readers also earn tokens as reward for organically engaging with and curating contents. Try to check out their whitepaper to understand their economic model and how the system works in detail.
Sola is an innovative next-generation decentralized social platform that boasts of 900,000+ users. On the platform, users are able to create, spread and earn on their content in a transparent and fair manner. Everyone is free to contribute towards the development of the core platform or to develop service on top of the platform.
Mithril is an innovative social media platform built on the Ethereum Blockchain. Mithril will be integrating itself into multiple existing and new social media platform to form an ecosystem. It features a unique concept called Social Mining which rewards content creators for their contribution to the Mithril network.
Sense Token is the sole token used by Sense, a platform that creates blockchain powered smart contracts in chats and offers tokens as reward to users for making creative conversations and contributions across Sensay and other messenger applications. It aims at rewarding users for making peer to peer conversations. Users can now earn tokens from their proof of intelligence on data that develops AI applications.
JET8 is a tokenised social communication platform that seeks to revolutionalize social media through a system of tokenized peer-to-peer influencer marketing. The platform provides a full suite of mobile software for mobile engagement, mobile sales, moment marketing as well as customer success, coupled with an entirely free analytics dashboard at its core.
Alis is a platform that is driven by the ALIS token, to motivate people into publishing highly researched contents. The platform was motivated by the success of STEEM. It is a novel social media platform where registered users can create valuable articles to draw traffic on the network. Content creators get rewarded based on how engaging their articles are.
Indorse Token is the sole token that is used on the Indorse platform. Indorse is a blockchain powered platform that strives to create a decentralized professional social network. The platform enables peer-to-peer validation and verification of users' professional branding and reputation. It seeks to introduce tokenized rewards to incentivized parties participated in the aforementioned process.
Patron is a Japanese blockchain powered platform that seeks to inculcate current cryptocurrency trend with other online communities. The platform allows influencers and users of social media from all countries to discover, publish or sell influencer data on the network. The platform is committed to becoming the biggest platform for social media influencers, supporters and brands
Matchpool is a platform that seeks to leverage on blockchain technology to facilitate the process of connecting people with each other. The network uses a range of tools to power connection between users who will eventually earn from sharing information among themselves on the platform.
The currency is used as a reward to members of the community for making contents and enhancing communication on the platform.