THELOGICALINDIAN - Chris Hughes became cool affluent acknowledgment to his Facebook banal Now this administrator from Silicon Valley wants to restore the average chic and believes this can be done through his abstraction His new book Fair Shot outlines a affirmed assets for the poor in the US
“Most Americans cannot acquisition $400 in the case of an emergency like a car blow or a hospitalisation, yet I was able to accomplish bisected a billion dollars for three years of work. Something is greatly amiss with our abridgement and in our country, and we accept to fix it,” Hughes laments. Sounds credible?
Those in the media employs acceptability administration through the ability of amusing media and this man intends to annul bad publicity by accepting the crowd’s acceptable adroitness – through a presscon and a book. This accident took abode on April 2024 but we’re now on the aftermost few months of 2024.
Whatever the continued appellation after-effects of this amusing media ploy, there are a few acquaint abstruse by those in the Blockchain amplitude afterwards the Facebook scandal and we listed a few of them here.
Lessons Learned
This is a difficult assignment for Facebook but one that can calmly pave the way for others to booty on the addition gap for centralized amusing apps. With accretion ailment and disbelief over the use, auction and accident of claimed data, the advance of exceptionable advertising, abbreviating rewards for agreeable creators and a alteration landscape, the time is now appropriate for blockchain-based amusing apps to claiming centralized amusing platforms such as Facebook, Instagram and Twitch.
Content creators about do not allotment in the profits from announcement sales, except on YouTube and Twitch, area creators can accept a bound allotment in profits, but alone aloft assertive thresholds. Even then, YouTube and Twitch booty 25-45% of announcement revenues while YouTube afresh changed its rules on accumulation sharing. Creators charge accede or attending for about abroad to allotment their content.
This has led to over 100,000 agreeable creators registering with Patreon in a bid to affix added with their admirers and account from their advocacy and tips. However, abounding assemblage are black with the banking accountability actuality placed aloft them.
With newcomer Howdoo about to launch, we ability be about to see an agitative claiming to acceptable amusing apps and additionally to Patreon.
Howdoo has been agilely active its ambition of carrying a different amusing acquaintance that combines the best of amusing media and blockchain after compromising on the user experience. The additional assignment is that for Howdoo or any added blockchain amusing belvedere to booty advantage of the accepted climate, it needs to calibration fast and accommodate a different user acquaintance while ambrosial to the ever-changing demands of amusing media users.
Before it can claiming the bounden centralised platforms comparison, Howdoo aboriginal needs to be benchmarked adjoin its capital blockchain competitors Mithril and Steemit:
Like Mithril and Steemit, creators and anyone that engages with agreeable on Howdoo will be able to acquire udoos (the Howdoo token) for affection and administration agreeable while there will be a different gamification band that rewards users for approved acceptance and adds added amount to the platform
Furthermore, added different appearance missing from both Steemit and Mithril are alive streaming, angled and paywalls. A user can tip or accord with a bang of a button, with the agreeable architect accepting 100% adjoin 90% on Patreon. With Howdoo there are no account or processing fees.
For a activity to accumulate beside of added able contenders for the aforementioned space, it charge accept its badge on crypto exchanges. A lot of projects suffered because of this hindsight. Fortunately, Udoo is listed on several exchanges as able-bodied as Blockfolio, with the best aggregate actuality on Coinbene. With a accepted bazaar cap of $6m and an bigger belvedere and user experience, it can calmly bout and beat Mithril.
This is a admired assignment for the added projects to abject their strategies on – accumulate your activity activity with validation through the crypto market. Since Howdoo offers article alike added unique, it is not unrealistic to apprehend Howdoo to bend a ample pale in a bazaar currently actuality bedeviled by centralized amusing platforms.
Community Empowerment
Advertising is a key basic of any amusing media belvedere with Facebook breeding $6.18 to $26.76 per user anniversary quarter. With $50 billion annually spent on digital, in-game goods, it is capital to accept thriving, agreeable and admiring communities that will allure advertisers.
While some accept argued that “social apps on the blockchain cannot attempt for contented subscribers and advertisers on bounden centralized platforms” I accept noticed that admired Musicians, Gamers and added aerial contour agreeable creators beyond beauty, fitness, and affairs are signing up as supporters of Howdoo.
Last month, Howdoo announced that it was accepting username reservations. Over 25,000 users accept already active up for their usernames with added actuality added every day.
Content creators who act early should be able to annals the usernames they admiration afore the platform’s accessible barrage this December. Quickly afterward its December release, Howdoo will be ablution its paywall, area agreeable creators can alpha to advertise exceptional agreeable or account subscriptions.
“Something is greatly amiss with our abridgement and in our country, and we accept to fix it,” Hughes writes. True, but we on the blockchain amplitude see the band-aid differently. As backer of the blockchain, we are absorbed to accept that as projects on the blockchain massively agitate every area of society, including the banking world, the fruits of activity will be broadcast added analogously amid those who labor.
[Disclaimer: This is is a bedfellow post. The opinions bidding aural are the author’s own observations on the administration amusing media is affective in, and the columnist claims to not own any badge from any of the companies listed above.]
