7 Best Decentralized Social Media Platforms
7 Best Decentralized Social Media Platforms to Check Out
Key Takeaways: Decentralized Social Media
- Decentralized social media are platforms that are built on blockchain technology that allows for social interaction, the creation of content, and the distribution of that material.
- Instead of centralized servers that are ruled and controlled by companies and government agencies, decentralized social platforms use servers that are governed and controlled by themselves.
- The decentralized structure fights against censorship and supports individuals’ rights to freely express themselves.
- Because they are based on blockchain technology, decentralized social media platforms provide increased levels of security and better protection for users’ privacy.
The following is a list of seven decentralized social media networks that warrant your attention:
Minds Decentralized Social Media Platform
Minds is a decentralized social media network that promises to give a more open and censorship-resistant alternative to conventional platforms like Facebook and Twitter. Its name, Minds, comes from the fact that Minds is not controlled by a central authority. It is constructed on top of the environment that Ethereum provides. You can establish a profile, upload material, and engage in conversation with other users via the use of the Like, Comment, and Share functions.
Tokens of the Minds (MINDS) cryptocurrency may be earned by carrying out routine tasks that one would normally undertake on a social networking site. You may, for example, make a post, like or hate another user’s post, share a photo or video, or publish an article. Other options include uploading a video. On this platform, every activity you do will provide you with a certain number of points. After that, the system will tally up all of these points and provide you with a daily token payment that is equal to the total amount of tokens that are distributed by the forum daily divided by the proportion of points that you contributed. On exchanges like BKEX and Uniswap, you can purchase, sell, and trade MINDS tokens.
Blockster Decentralized Social Media Platform
Blockster separates from the competition due to its active newsfeed and its concentration on the web3 market sector. It asserts to be able to link more than 200 million crypto aficionados all around the world. It has its native token known as BXR, which can be used to do the following:
- Purchase ads
- At the Blockster marketplace, you may purchase non-fungible tokens and in-game objects, as well as pay for services.
- Participate in community governance
- Tip other content creators
Only blockchain-based material may be published on Blockster, giving members of the cryptocurrency community access to the latest industry news, ideas, and strategies for increasing yields, as well as more general information about the business. In addition to that, cryptocurrency projects have the ability to develop corporate sites (similar to LinkedIn), run marketing campaigns, and build an active fan community.
D.Tube Decentralized Social Media Platform
D.Tube is a video-sharing website that is powered by the Interplanetary File System and operates in a decentralized manner (IPFS). Because users can post and distribute movies without depending on a central server, the platform is resistant to censorship and cannot be taken down by a single organization. Moreover, it is not possible to shut down the platform. Installing a web browser that supports the IPFS protocol is required to utilize D.Tube.
Some examples of such browsers are the Brave web browser and the MetaMask plugin for the Chrome web browser. After that, you may go to the D.Tube website and view videos or post new ones in the same way that you would on any other platform for sharing videos online.
D.Tube stands apart from more conventional video-sharing networks in several important respects, one of which is that it rewards users for their efforts with DTUBE tokens. Users of the site are not given recommendations for videos; rather, the community gets a voice in the matter. When other users like and vote for your film, it gets viral and ranks in the trending videos. In addition, as the inventor, you’ll be eligible for additional incentives from DTUBE.
Cent Decentralized Social Media Platform
The concepts of in(cent) civilization and de(cent) realization are where the word “cent” comes from. It was launched in 2017 as an ad-free creative platform with the capability of enabling users to reward one another in bitcoin for posts and comments that provide useful information. It is comparable to the process of awarding users on Reddit, except it uses blockchain technology. A non-fungible token (NFT) marketplace for tweets was introduced by Cents in the year 2020 under the name Valuables. After another three months, Jack Dorsey, who had previously served as CEO of Twitter, published the first Tweet ever through Cent’s Valuables.
Creators are given the ability to control their audiences with the use of Cent Pages, which offers them personalized and branded pages that may be altered. Audiences can immediately subscribe to the pages of the producers who interest them, getting alerts of every new release made by NFT. They also offer a website called Doodles, which highlights Cent artists and allows users to subscribe to Cent creators whose work interests them, after which they may receive free NFTs.
They have also only just launched a technology called The Collect Button, which can be embedded on websites and claims to make everything on a website into a non-financial transaction.
BitClout Decentralized Social Media Platform
Like Bitcoin, BitClout is an open-source blockchain project to decentralize social media. BitClout was developed by the BitClout team. Simply registering for an account on the site will provide you with your unique creator token. BitClout’s primary objective is to provide users of social media platforms with the tools necessary to monetize their online presence and influence. For instance, if you passionately believe in the potential of an up-and-coming artist or footballer, you may acquire their tokens to support them and show your belief in their abilities. You will also have financial success with your stars if you do things this way when their prices go up. Token values, much like those of other cryptocurrencies, are determined by the competition between supply and demand in the market.
In general, BitClout and Twitter are rather comparable in terms of the functionality they provide. You are only allowed to post photographs and movies that are up to 2 gigabytes in size, and the maximum number of characters that may be included in a paragraph is 280. However, using BitClout, you may acquire the token of another user and then retweet them, assuring that in addition to the cash gains, you will also get bragging rights.
The BitClout prototype was developed to conduct experiments with the DeSo blockchain, which is a Layer 1 protocol designed specifically for decentralizing social networks. The site now links to Diamond App, which is promoted as a decentralized and open-source web3 application that is similar to Twitter.
Flote Decentralized Social Media Platform
Flote is a social media network that is community-based and places an emphasis on user privacy and the monetization of content. You can share and make money off of anything you upload, whether it be music, video, images, or articles. In addition, you can go live stream and get super chats at no additional cost from your audience. Flote transactions are peer-to-peer and free of charge, and every account is associated with a cryptocurrency wallet that can store Flote.
Each user receives a daily allotment of FLOTE tokens depending on the number of interactions they get for the content they share on the site. The daily reward fund is divided by 24 according to the protocol so that creators may be paid hourly. The number of FLOTE prizes follows the same timeline as the Bitcoin halving schedule, which means that their value is halved after every four years.
SocialX Decentralized Social Media Platform
Users of the community-based social media network known as SocialX can submit photos and videos on the platform. Traditional social media networks, such as Instagram, provide an excellent analogy for what this platform is like. On the other hand, SocialX stands out as a decentralized platform that enables users to produce yield via the rewards of their SOCX tokens.
Earning money on the SocialX platform requires you to submit photos and videos. Your followers can “Superlike” your articles in addition to liking and commenting on them. You are rewarded with SOCX tokens from the SocialX reward pool if the platform detects that you have sent or received a Superlike. You may create revenue in addition to Superlikes by selling your greatest publications to others who are interested in purchasing them.
Thus, decentralized social media employs a network instead of a server. Users manage the platform. Blockchain saves and validates user data on decentralized social media networks, boosting transparency and security. These systems prioritize user privacy and data management. Decentralized social media lets users manage their online experiences and communicate more freely.
Not financial advice.
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More Useful Resources: What is Decentralized Social Media