Re: How To Support Crypto Social Media Torum On Other Platforms
Libe Nipper
Since the earliest days of human civilization, people have been organizing their thoughts and ideas in social groups. We instinctively want to share our experiences with others and gather information, opinions, and entertainment from them. Ever since the internet appeared in our lives 30 years ago, social media has played an increasingly important role in connecting people to each other while also offering new ways to share information in a fast and efficient manner.
Torum is one of the newest ad-free crypto social media platforms. It looks like a mix of Twitter and Facebook and has its own token to reward active users. People can also gift coins to other users for quality content. This network offers company pages and clans, smaller forums that focus on their own goals. Company pages have similar features to LinkedIn, so you can add your team members, post on the page, interact with other users or companies using your company page.
SocialX is an open-source, community-driven, distributed project. It is very similar to Instagram as a photo- and video-first platform that favors visual content. The social media platform rewards users with the SOCX token that you can trade on several platforms.
Like many other crypto social networks, SocialX allows you to earn tokens for posting photos and videos. The network plans to launch company pages and its own prepaid credit card soon so that users will be able to spend their rewards instantly using the SocialX card.
Blockster is one of the most popular crypto social media platforms thanks to its vibrant newsfeed and its focus on the crypto community. Connecting 200+ million crypto fans worldwide, the platform features its native utility token ($BXR) that everyone can use for the following transactions:
The attention economy has become a big business. Every day, people spend hours trying to get their content seen, heard, and read. However, on traditional social media platforms, the content you create today could be censored tomorrow.
Decentralized social media platforms offer freedom of speech, privacy, and transparency. You are the owner of your data, and you have complete control over it. Most networks allow you to run your own nodes and build your communities with your rules on top of existing platforms.
Torum is a platform that reimagines social media for the crypto arena. They are promoting genuine community involvement and building genuine connections with cryptocurrency aficionados. Furthermore, they are enhancing the attractiveness of blockchain technology.
These platforms correspond to the most common social media platforms you find on the web, i.e., Facebook, Instagram, Youtube, etcetera. These networks have a centralized constitution, where rules and policies emanate from a central vision.
Most social media networks out there apply strong censorship policies. Due to this, many users are leaving these platforms to migrate to other decentralized social media networks where freedom of expression is the cornerstone.
Minds is an open-source network where users can speak freely. This characteristic is its main difference compared to centralized platforms or even common social media industry channels. Still, Minds prevents fake news from spreading and provides real-time access to all the data shared on the network.
This decentralized social media platform is a network focused on social finance. It is built on Polkadot and features built-in crypto monetization through smart contracts, tipping, ads, etc. This site is the first social network platform to pay special attention to cross-chain interactions and shared data between dapps.
As a social blockchain platform, SocialX has remarkable differences compared to other crypto social networks: SocialX features superlikes. Thanks to this, SocialX will reward you with tokens of its pool every time you receive a superlike. This benefit helps to create an increasing community of creators who win power and earn money according to the quality of content.
The world and community building are looking for better social media options. A change is necessary since online communities need free-censorship spaces to share everything they want with other users. In this regard, Flote is a free port for individuals who want to build meaningful relationships on the web.
In general it would be good to see continued support of projects such as pokedbots own by dfinity and those in the ecosystem even small amounts of activity on social media help keep people engaged in projects. I do feel this is an area that is lacking. We are not asking for shills and constant retweets. But crypto lives and dies by the efforts of the community. Social algorithms are built on engagement.
Actually, I have another suggestion for DFINITY. How much of that grant money would it cost to get some top ICP wallets linked to Twitter Blue so we could use ICP NFTs as a verified profile pic on the #1 NFT social media app?
@FGhostwriting Thanks for the support and some great ideas!
Also does seem like an uphill battle when so much money has been pumped into projects on other platforms.
If there is a lack of funds then that means its even more important that we help, promote and collab with other projects.
We are also incredibly bold to experiment with the latest crypto innovations like DeFi and NFT. We are launching our own NFT marketplace and DeFi platform to provide our community access to all of these crypto-centric services. These integrations are going to keep our community coming back for more. It all comes down to what you can provide to the community. These are the two things that I think Torum does better than every other social media peer out there.
KUALA LUMPUR, Malaysia, April 20, 2021 (GLOBE NEWSWIRE) -- Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry.
Based on Binance Smart Chain, Torum seeks to build the first crypto social media platform that is fully integrated with NFT and DeFi functionalities. In short, crypto addicts can stay connected with one another and gain access to every crypto-related service on Torum.
Torum is a social media platform that is specially designed for cryptocurrency users. Placed in the top 50,000 Alexa Rank, Torum has become one of the most popular hangout spots joined by over 29,000 crypto addicts from every corner of the world.
"As academics and social scientists, we created this novel design for Fireside Forum based on learnings from prior research about online behavior and interactions, and our hypotheses about crypto-fueled solutions to potentially address the flaws of traditional social networks. We believe that true Web3 social solutions should be more than just moving things onto a blockchain," said Dr. Chengdiao Fan, the other Pi Founder and Head of Product. "Fireside Forum is just one of the early instantiations of Pi Network's innovations in social networking as we unite theory and practice together. Its design will continue being iterated as new learnings arise from being used by millions of Pioneers."
Based on Binance Smart Chain, Torum seeks to build the first crypto social media platform that is fully integrated with NFT and DeFi functionalities. Cryptocurrency users can stay connected with one another and gain access to every crypto-centric service on Torum.
One company that is a leader in the SocialFi space is Torum. Torum is the first SocialFi ecosystem created for crypto users. Their ecosystem includes a crypto-friendly social media platform, NFT marketplace, yield farming platform and Avatar NFT.
While a number of crypto-centric social platforms have existed before Torum, they fall short of the expectations of the crypto-community, when they over-focus on censorship resistance, free speech, and data privacy.
SocialFi is an inventive new way to monetize social interaction and allows friends to connect and learn more about the crypto space. Users can unlock a brand new way of interacting with the community and new blockchain projects by exploring the metaverse created by combining social media and finance. SocialFi makes it easier for newcomers to enter an otherwise intimidating space through a socially charged community that advocates blockchain and blockchain-related projects.
Wood-Lewis thought the forum would make it easier to connect with neighbors and for newcomers to become locals. It was a hit and by 2006 the forum began to expand to other towns in Vermont. The growth was organic: typically, towns would approach FPF and pay a one-time fee to cover the startup cost for their town. Eventually, with the help of two government grants, FPF expanded statewide (a great example of public funding for civic social media).
Local communities are in many ways the ideal use-case for social media. Platforms organized around local communities have inherent structures that support healthy discussion like reputation and identity; they connect people who have shared interests and common goals; and they enable real-world community building. However, they are also prone to misinformation, paranoia, racism, and petty conflict which can make them spaces that breed division, not unity. Which way a platform leans comes down largely to its governance and affordances. As we saw with FPF and Nextdoor, two platforms with very similar goals can be very different experiences thanks to differences along those two axes.
Torum operates as a social media platform where users can engage in discussions, share content, and connect with others interested in cryptocurrency. Its reward system sets it apart, compensating users with XTM tokens for their contributions, such as posting quality content or participating in discussions.
There is an increasing trend in the market for decentralized social networking platforms with increased user privacy. A project like Torum offers higher privacy and control for users over their data than centralized social media platforms. The XTM price could increase as more users sign up for platforms like Torum.
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