Mainstream social media apps and sites could benefit from improvements. A network effect is good for stakeholders in many ways. A network effect also increases the difficulty that a new social media app/site might have in gaining participants. Social media websites and apps should share the majority of net profits with content creators.
Social media sites and apps only are useful, fun, and interesting because of original content creations (written text/pictures/videos/streams) created by creators.
Many social media sites and app run advertising that they earn revenue and money from. Why should content creators not be awarded a certain amount of net profit from advertising? Advertising is only profitable because of users of social media sites/apps. Users and participants only utilize social media sites and app because on these sites and apps there is content. This content is created by social media site/app users/participants in extremely significant ways.
Help to develop social media sites and apps that are open source, distributed, and net profit sharing with content creators (when there is a financial profit).
Cryptocurrencies like Bitcoin Cash enable transactions that have extremely low fees (maybe about a fourth of a US fiat penny/cent). Sites like Memo.cash utilize the Bitcoin Cash blockchain to host social media content. Memo.cash is sort of a Twitter alternative, built utilizing the Bitcoin Cash blockchain.
Perhaps a social media site/app on blockchain could help fund a cryptocurrency basic income. Perhaps a distributed social media platform could help to fund various charitable causes like defeating aging.
Tenoorja is an organization that has as one helping to enable social media sites and apps that are distributed and/or share net profits with content creators. Michael Ten is director of Tenoorja.
Hopefully eventually, all mainstream and most popular social media sites and apps will all share net profits with content creators and stakeholder participants. Of all the various cryptocurrencies, Monero arguably has the most/best privacy-centric features. Monero can present a unique solution for funding decentralized social media platforms in a privacy focused way. Monero has private transactions by default, and could enable more people to donate, knowing their financial activities remain confidential. In addition to providing security, the Monero… Decentralizing social media platforms empowers users by granting them more control over their data and content. Memo.cash, Nostr, Mastodon, and Lemmy are notable examples in this movement. Memo.cash, a Bitcoin Cash-based platform, allows users to post on-chain messages. Nostr focuses on decentralizing user reputation and content curation. Mastodon operates on a federated model, where multiple… Instagram alternatives should exist. Web3 developers should release a decentralized Instagram alternative. Odysee is a Web3 (or at least partially Web3) YouTube alternative. Instagram can be fun and useful, and is utilized by hundreds of millions of humans on Earth. Instagram has both a smartphone app and also a web/browser experience. Decentralized social media alternatives… There are alternatives to YouTube, like Odysee and BitChute. Odysee is even somewhat decentralized in how they store and distribute (stream) videos to viewers. Alternatives to YouTube are important. YouTube might sort of almost effectively have a quasi monopoly on streaming user generated video. There are alternatives to YouTube. The amount of traffic the YouTube… Here is an idea for a site app that combines a social media cryptocurrency, with advertising, with premium memberships, and a basic income cryptocurrency. The site/app will accept cryptocurrency for payment for self serve advertising. Users/members can also opt to not see ads by paying a certain amount of cryptocurrency each week, each month, or …
Monero and Decentralized Social Media Platforms
Decentralizing Social Media
Web3 Developers Should Release a Decentralized Instagram Alternative
BitChute and Odysee May Benefit from Better Sort and Browse Features
Social Media DAO and Basic Income Cryptocurrencies