0xchan Crowdfunding Today!
0xchan is a decentralized and immutable message board system on the Ethereum blockchain where users can post messages and media files. Storage of those messages is handled via IPFS and a smart contract is used to store a ledger of all messages. A Proof of Stake style mechanism ensures quality content and protects the system against spam, while also incentivising users to stake their Ether. The immutable and decentralized nature of the system allows for free speech and gives way to create truly censorship resistant and self sustaining platforms.
0xchan tackles an already existing and served market. Websites like 4chan, 8chan or Reddit allow users to interact with each other in conversations. The issue here is a very centralized nature with an abundance of moderation to meet the needs of advertisers and outright censorship. If the hosting servers suffer from down time or get taken offline permamently no user will be able to access the content anymore. Many users are very unhappy with forced advertising and automated bot spam on these communities and are looking for less intrusive alternatives.
