Blockchain Based Social Media and Its Economic Future
Good day to all the folks out here in the community !
Quite a few weeks ago, I talked about the potential of blockchain technology and how people can be benefitted using it for a long time. Although tech minded people have already started to use it and began to find the hidden possibilities of the incorporated system.
The truth is this, there are nothing as hidden facts for crypto offerings, but it is matter to look at that how we use the technology to bring forth the change it takes to succeed in the ever changing financial market.
Since the inception of blockchain in the internet universe, many of the crypto run business and systems tend to develop. Now that we have web3 social media application with which we are sharing our opinion and insights, that is happening due to the already structure of the blockchain algorithmic project that I am talking about.
What I want to discuss about here in today’s topic is how social media experience cam be merged with financial matters. Social media is a newest trend that has developed over the years of time.
Looking at the moment, when Mark Zuckerberg first invented and brought the system forward in technology market, quite a few people had the thoughts and visions that proposedly it would climb to the position it is now.
How great accomplishment occurs as per mixed dedication and continual development of a project run using the technology we have in hand now.
Really remarkable !
Facebook off late rebranded into Meta and technically it incorporated many other services and addition of features to the app based system where people can connect, run a few business and complete the tasks which would provide them vital currencies in exchange of the value they provide and transaction happening all around through the system.
Now Facebook, Twitter are those areas where change is happening and the key difference is this they are the web2 appliances, the second generation internet tools which have basic limitations to make sure to follow on.
Crypto is not the token they provide and basically that is the difference of incorporating different stocks and the exchange tokens in the internal and external economy of the market. Those who are familiar with the cases of conventional economic matters know, how inflation is occuring and changing the dimensions and stability of the ecosystem .
Whereas the world is turning into more of tokenized entity to a broader picture. For example the token we receive through the gates of blockchain empowered system, they are all the crypto based influence currencies. The more the days would progress sometimes in the future the tokens would start to increase the value and capture a lot of the market.
Now we have to wait and see how the light reaches throughout the channel of the tunnel extending forth. i hope a good thing and prospect to come and wish all the best for the future.
Stay blessed until meeting the next time.