social media

You may have already heard about the controversial ban of Alex Jones by Facebook and Instagram because he supposedly promoted “hate speech”. And if you are a lover of conspiracy theories on YouTube, this platform will now recommend less videos of this kind. From arbitrary bans, to copy strikes, demonetization, and several other controls imposed by centralized platforms, we ask the following: Do you agree with these practices? What if this happened to you some day? You log into your favorite social media account and you discover that you are banned from it for something you posted simply because someone didn’t like it.

Probably you are thinking it is not possible or it is not legal, but once you register on these platforms you are accepting their terms provided under Terms and Conditions. Thus, you have renounced some of your rights and the platform can decide arbitrarily the suspension of your account without prior notice. The platform can easily wash its hands by saying you agreed to their terms and policies. For some people this may not sound like a great deal, but the fact is that these bigger platforms are controlling what content you should see and what content you cannot see. They call this “Artificial Intelligence”. I would call it “overly trained suitable for our needs AI”.

 

TRON’S VISION – DECENTRALIZE THE NETWORK

As the subheading suggests, the vision and mission of Tron is to decentralize the network. A blockchain capable of giving common users freedom without a middleman and at the same time keeping a healthy ecosystem; this ecosystem should be reliable, unhackable, a system that rewards users who contribute to the community regardless of ideology or if someone does conspiracy theories or not. In the end, the common people have the vote and that’s the purpose of consensus algorithm in this blockchain.

 

 

DECENTRALIZED PLATFORMS ARE THE FIRST STEP TO FIGHT AGAINST THE GIANTS

Let’s start by saying that a blockchain is not only unhackable, per today’s technology, but also cannot be touched by governments. Does this mean that the content you will see will be unregulated? How can a blockchain filter improper content? This may depend on how a platform is built. Some of them may or may not filter certain types of content. Some of them will give more or less privacy depending on their needs. A platform can be fully centralized, fully decentralized, or hybrid, taking the best of both worlds. Remember that decentralized doesn’t mean illegal or that it doesn’t have rules at all. What these decentralized platforms should aim for is freedom for creators as well as providing a rewarding system for them.

Many YouTubers already complain that their videos get demonetized for something they said because it’s not “family friendly” or because they got a copystrike. This didn’t happen years ago and I am sure people can relate. Today the content is regulated and creators have lost their freedom to make new original content. A decentralized platform can make sure every creator receives an exchangeable token, regardless of the content created. Of course,  as long as it doesn’t break the established policies. A tokenization also guarantees people around the world the ability to withdraw their tokens instantly and use them as they want without restrictions.

BITTORRENT’S NEW PLATFORM – BITTORRENT LIVE

BitTorrent live is a platform where you can create live video content and enables you to connect with people. You can earn money by becoming a broadcaster and sharing your passions with people around the world. The content is paid with BTT token. You can already register and wait for a beta version to try out this amazing platform by clicking on this link. BitTorrent live does not sell personal information and only uses it to improve the quality on the website. We still don’t know how this is going to look like. We hope it will compete against YouTube and Twitch.

Let’s remember that this is not the first big application BitTorrent is building. BitTorrent Speed, a software that let’s you earn money by “seeding” or uploading content as well as using BTT to have faster downloads should come live on Q2 of 2019.

BEATZCOIN REVOLUTIONIZING THE WAY WE INTERACT WITH DIGITAL CONTENT

Spotify is valued around $6.3 to $23 billion USD. Spotify is a digital music service that gives you access to millions of songs…but it’s not available for everyone. Unfortunately, this platform is not available in all countries and it pays musicians with Paypal and other electronic options leaving many countries without the possibility of payment options. We can’t deny that the platform is pretty cool and that it’s used by millions of people. Though let’s not ignore the fact that Spotify pays about $0.006 to $0.0084 per stream to the holder of music rights. This is a shame because most musicians won’t generate enough streams in order to gain some revenue.

BeatzCoin is currently a Tron Super Representative and a tokenized platform. BeatzCoin aims to change the way consumers interact with digital content while increasing the revenue of content creators. This SR will launch a platform called VibraVid for creators to upload, store, market, rent, and sell their content to users with the added benefits of being able to crowdfund and sell merchandise and event tickets directly to their subscribers and fans. This token is built within Tron’s blockchain so the efficiency and reliability is guaranteed. VibraVid’s website will come soon and you can check the countdown here.

FRIENDSTER.IO SOCIAL MEDIA

Friendster.io is a new generation social media that works with blockchain technology. It looks like Facebook and works pretty fluently. So far it counts with a couple of thousands of people and the platform will soon work with TronLink to reward users with Friendster token. A user can be rewarded by liking, commenting, reacting, or creating posts and there’s a limit of 1000 tokens per day. Friendster counts with cool features like events and one of my favorites which is the market feature. This platform allows you to sell articles and you can select the desired currency and price.

With all of these features we can already tell this platform is aiming for something big. Can friendster.io become the next Facebook? Only time will tell depending on how good their platform scales when more users register on the website. It is about time that we see websites similar to Twitter or Instagram working with a cryptocurrency. Again, the fact that a social media platform can reward users is enough incentive to use the platform.

THE ENDGAME

Blockchain is still young and has a lot of space and time to keep improving and developing. Many centralized platforms and mostly social media ones are facing the pressure from the users and advertisers. Blockchain is independent from middlemen(or shareholders) in order to gain revenue as it mostly depends on other factors which end up giving liquidity to a certain cryptocurrency. This way a decentralized platform can focus on giving both sides (content creators and common users) the best experiences and fairness. More decentralized platforms and DApps are coming to the lights giving more incentives to more users.

Original projects will make a difference in the future. We hope one of them will become the next Twitter or Instagram in terms of unique users. BitTorrent is already carrying with it 100+ million users bringing these users to the crypto space. The reaction from the users will have the last word, but in the meanwhile, the mission is to offer more to the community. This will ultimately get the reaction we want from the users.

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Oscar Quintero

I'm an electrical engineering student and University Professor. Blockchain enthusiast and speaker in Venezuela. I love to read and write and am very passionate about new technologies.