Social Media, the best use-case for blockchain & crypto (imho)

in Account Booster 👍3 years ago

It's more than just a blogging platform!

In a few more months then I will be celebrating my 4th year in this space. I was reminded how old I am on this platform after seeing other users who are already celebrating their 4th year in this space. Time passes by quickly. And it's getting faster because of the rampant development that is happening in the crypto world.


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There was a time when a blockchain-based social media platform is in the Top 10 among other big projects back then. Nowadays, it feels like this project is becoming a niche for their preference. Recently, the projects that appeal more to the broader crypto community are the ones that offer multi-chain solutions, Defi, interoperability, and DWeb. It feels like one of the more important aspects of our life in the virtual world is being disregarded. This platform offers "social media" that are being utilized by the majority of the population in the world on daily basis and yet very few fancy a decentralized solution for it.

When Defi platforms offer tokens that are risky enough to effectively bring someone's money drain out of value is becoming a norm in the crypto space then I think that people are missing out on something great.

In this platform, all they need to have is the will to participate and probably a tiny investment of around $10 to fund the resource needed to make more transactions throughout the day. In my opinion, APR or APY is irrelevant since anyone can simply earn or double (or even x5) their initial through a single post if many of the curators find the content worth upvoting. It's not even a talk about being lucky since there are a lot of curators who are actively scouting the platform who are searching for good content to reward.

In a Defi application, every day seems like a race of compounding rewards and improving the position within the pool. While in this platform, every moment spent is an opportunity to gain wealth, knowledge, and a sense of belonging that you won't find in any other single platform out there. IMHO


My journey to the world of crypto.

NFA: Not Financial Advice!


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