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Author Topic: blockchain idea to change the internet  (Read 47 times)
cafter (OP)
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March 06, 2023, 10:15:43 AM
 #1

I am sharing a crypto idea it may not intresting or a very common idea or someone already working or worked at this idea

i am talking about making a blockchain social media,
here we can upload photos videos in form of nft's ,
there will be our signature and bitcoin addresses,
we can send some tips in form of token's , we can collect likes and than sell it for bitcoins ,
this like instagram competitor but interesting for crypto enthusiasts,
many of you will LYAO
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March 06, 2023, 12:51:48 PM
 #2

I really think it could be a nice idea, but don't you think that people will see it as scam? Selling likes for btc wow!!!!!  I don't know how you want to do it. Please Becareful with your idea. If you have created it just share a link to the social media.

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March 06, 2023, 01:08:19 PM
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The thing is.  When you link Social Media engagement to earnings for every body, you get nobody using the platform for its intended purpose but to earn money off likes.  They will post anything just to pull as many likes as they can.

And then one more trouble we would get into.  This Blockchain you are talking about, if successful, will have such a large size it will be impossible to sustain.  Imagine Facebook's servers but every body who posts anything can earn off their likes.  Would be filled up with scams, spam and useless posts really.

Third point.  This will have to be so centralized to work properly that its existence will ultimately be useless.

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March 06, 2023, 02:06:17 PM
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Tell me in which parts does blockchain is required, essential, and utilized to develop social media. There is no way it can be useful.

Building social media does not require blockchain. The current alternative popular social media, mastodon and Nostr Protocol, do not use a blockchain because there is no way it can be essential and beneficial. Forcing blockchain to be incorporated into social media only would bloat it with unnecessary systems. I don't even sure cryptocurrency users would use such platform even if it exists.
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March 06, 2023, 03:06:09 PM
 #5

That's a good idea to be heard but honestly, there have been attempts of doing that type of social media but it didn't avail the attention of many people in the space.
Those ideas that have been brought like this look fascinating until no one uses and invests in them. And with poor management of the team, there will be no traction on it.
It should usable and that's the use case of the project if ever there will be a token out of it, that will gain some economy on that chain as interest increases from the gathered users. But as I've said, those that I have seen attempted to do it, the majority were unsuccessful.

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