Integrating The Third Dimension to Social Media
Social media is one of the most important inventions of the digital age. It has allowed us to communicate and connect with the world in a way that has never been possible in human history. Furthermore, it offers us the ability to form bonds with the world and find like-minded individuals who share the same ideas and beliefs. However, social media is not without its limitations. One of the largest of which is to do with how information is presented and passed along. Social media platforms are practically all 2-dimensional, meaning that all data is displayed in a 2-dimensional format (i.e.,....
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I. The flaws of centralized social media platforms & the problems can be solved by their decentralized counterparts Today we use social media applications such as WeChat, Discord, Twitter, and Facebook to transcend spatial/temporal limits and communicate with others, thereby minimizing the time needed for communication or social interaction. However, such centralized social media platforms […]
A growing number of social media platforms have been integrating crypto and Web3 support, but opinions are divided on whether they are in it for the ethos or profit. The emergence of Web3 technologies has brought Web2-based companies to consider amendments to their current products and services. Many leading brands are using Web3 technologies such as nonfungible tokens (NFTs) to promote their brand as well as show their affiliation with emerging tech. Social media is another domain where Web3 seems to have the biggest impact. Facebook rebranded to Meta and has shifted its whole focus from....
Billionaire and real estate mogul, Frank McCourt has recently been working on a new blockchain venture titled Project Liberty. It’s ambitious goal, to bring together the power of the blockchain and merge it into a social media protocol. With a social media database like this, he believes no social media platform would be able to […]
Social media is a new type of technology that revolutionizes our everyday lives. Whether we want to stay in touch with friends or families, read the latest news, or simply share what we love and do with the world, social media is there to help. And even though there are some privacy concerns regarding social media, most people still use this centralized type of service for lots of reasons. Also read: Twitter Wants Your Date of Birth For Targeted Ads, Time For Decentralized Social Networks? Regardless of how you view social media, there is no denying that consumers have willingly given up a....
With bitcoin gaining more attention on the internet these days, ChangeTip sought to integrate social media operations with tipping for content. One such example is their partnership with SoundCloud in accepting and sending tips for artists. The company aims to introduce the "money layer of social media" in making use of the platforms to transfer money worldwide. Although a lot of online companies have already made names for themselves in this regard, ChangeTip differentiates itself by having virtually zero transactions costs and allowing micro transactions, which are typically less than a....