Half-truths are the hottest commodity in the online world
Half-truths are one of the biggest components of the modern Internet. It is extremely dangerous and can cause anger, panic, frustration and many other negative consequences due to news that is not even true. Half-truths are the hottest commodity in the online world. It is used by the media to increase their ratings and attract an audience, businesses - to advertise their products, fraudsters - to collect money from naive people and, of course, authoritarian governments - to strengthen their influence, intimidation and other propaganda.
Don't blame people for falling for fake news. When they are distributed by a huge number of sources, many involuntarily begin to think that this is the truth. Perhaps they even know that there are a huge number of scammers and liars on the Internet, but they do not understand how to figure them out, how to learn to separate the truth from the untruth.
And this is where the Exorde protocol can help. The Exorde Index measures market sentiment BEFORE trading takes place. Exorde is built around a core platform that provides unbiased credibility scores for information (and virality-related analytics) based on the community, AI modules, and a token-based economy.
Exorde uses an open source decentralized protocol to collect data from around the world. The project is based on the idea of decentralization, which guarantees data neutrality and transparency. Exorde aims to extract and sell brand/cryptocurrency/share reputation scores based on what people say on social media.
Currently, the protocol can define the following relationship:
Neutral - Awareness - Confusion - Entertainment - Approval - Curiosity - Disapproval - Love - Annoyance - Caring - Gratitude - Surprise - Optimism - Nervousness - Admiration - Excitement - Joy - Desire - Disgust - Fear - Anger - Disappointment - Sadness - Embarrassment - Pride - Relief - Remorse - Grief.
Exorde receives input URLs for public information such as social media posts, press articles, photos, and videos. These URLs are then processed in a decentralized data pipeline that produces output graphs linking all similar data and facts. The analyzed content is stored in an archive that has open access, so any person can access the original information at any time and from anywhere in the world.
Exorde is run by its DAO (Decentralized Autonomous Organization) and uses community votes and polls. Management will be decentralized among all members of the community. Collectively, they will be able to change the internal rules and parameters of the systems (rewards, limits, delays, scheduling, etc.) and will have a built-in reputation system. These mechanisms are designed to continually align the interests of the community and its governance for the benefit of Exorde.
Now, distinguishing misinformation from the truth can be difficult. It is impossible to completely remove lies from the Internet. Be that as it may, checking the information for veracity is even fun. Doing your own research to find out where the news came from, who the source is, and whether it's reliable enough is akin to a real detective investigation or an archaeological dig. It can be really interesting. In addition, it is definitely more useful than watching only the news that matches your beliefs, which will not always be close to the truth.
If you want to see the Exorde Index in action, visit https://exorde.io/. If you have questions about the Exorde Index or the protocol behind it, please visit our Discord: https://discord.gg/ExordeLabs.
Written by Bimevox
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