waves is in a good position to capture twitter marketshare by implementing a blockchain based interface with profile info backed by its mass transfer protocol which is unfiltered mas communication.
discuss it a little more ?
Yesterday Donald Trump expressed interest in launching competing alternatives to twitter but he is unaware that blockchain already is with this function.
Anything he develops will be automatically irrelevant unless it is on blockchain which he is unaware of.
Crypto projects with access to unfiltered mass communication protocols such as waves and TurtleNetWork, are years in front of any other twitter competition that will enter the scene in 12 months because of Donalds twitter account ban yesterday and his expressed interest in launching competing alternatives (which takes a long time to develop).
There are two keys to capture market from twitter, besides cloning hashtag and profile interface using second layer websites (unless it can be developed inside waves wallet):
1. Notification button when crypto with message attachment is received to wallet. Even experienced waves users regularly forget to read attachments when receiving crypto to wallet, so this must be adapted to new users with an easy to view and big notification button.
2. Incentivizing use of messaging system by rewarding users with waves/TN which can be bundled as trading fee discount or some other bonus, or it can be straight up paid to wallet using a protocol whenever user clicks "tx info" button which right now is only 3 vertical dots which is not enough for people to consistently notice and use it. Micro reward is enough to gain a large amount of new users because twitter and other social media is in the stone age when it comes to economic incentives because they are not on blockchain.
The central competitive edge of blockchain is within its economic focus. Rewarding platform use by distributing crypto is essential to mass adoption and it is important to reward top projects aswell by direct liquidity payment or other forms of funding. This is not the time for crypto leaders to hold back on profits, every dollar spent on rewarding users and top tokens will come back x100 because of parabolic network growth.
Donald Trump could not even dream of this twitter competitor that already exist with Waves and TurtleNetwork. He and his old world partners work in a fiat dimension because this was highly profitable to them since forever and they are not aware of this new game, and silicon valley VC firms they know about this but they are many years behind any commercialization state.
So to repeat, this is what waves and TurtleNetwork should do inorder to strike gold by harvesting twitter userbase into their platforms:
1. Notification button
2. Second layer hashtag and profile tabs/explorer pages either inside wallet or third party wallets/websites, that are linked to the underlying mass transfer protocol tech
3. Marketing awareness with the core idea of rewarding users for reading messages and rewarding top 20 projects/merchants that come to these platforms and who bring their own users with them. This marketing strategy must bridge the technological illiterace gap between social media users and blockchain users because many mainstream users do not understand what crypto is. Prominent twitter users must be recruited into waves/TN inorder to get the ball rolling, in combination with crypto rewards for normal users. The big marketing slogan will be "unfiltered mass communication" which means that whatever users send in this 140 character crypto attachment, is immutable and cannot be censored by any central authority. This is enough to drive hardcore userbase away from twitter, and the crypto rewards will capture the mainstream user because it is simply a better platform than other social media, because you get paid to play. Gaming community is probably important userbase for early capture but they are already on twitch and using in game messaging systems.
Twitter is popular with many crypto projects but why use old world totalitarian media that is falling apart before our eyes when you already have access to decentralized and unfiltered new frontier mass communication with waves and TurtleNetwork? The answer is in the 3 instructions above.
It may seem like alot of work but the reward is x100 price increase and a foundation for mainstream cryptocurrency adoption using the social media concept as an equivalent of a pre urban city center public forum which is where the flow of civilization and new ideas spring like a life giving river. If this x100 is a succesful bridge to global adoption, maximum market cap is something like $2000-$3000 per waves based on tx capacity, 86m/day. At this level of maturity it is equal to 1/10th of 10% of global retail market (20 trillion usd). The other 9/10th is captured by competitors like $XLM. 90% of global merchant market will still remain inside the centralized state actor domain with soon to come, nasdaq dollars.
Inorder to enter merchant phase 3 which will lead into global adoption in phase 4, the key strategic component is harvesting social media userbase phase 2 for this merchant sector to market their products.
And yesterday twitter open the doors to bring down social media monopoly by selling into totalitarianism and unchecked censorship. This will take years for US congress to unestle and by that time twitter will be supplanted by new frontier blockchain media.
