Social Media 2.0: Tipper and Selfllery Take Aim at Facebook (Owning Everybody’s Content)
Crypto circles light up at the sound of a “social economy” – a digital world where photographers, content creators, writers and contributors get more than a thumbs up or a like. It’s a world where Facebook doesn’t own your posts or make money from all the free content you feed it. It’s every Tron-meets-YouTube-meets-we’re-going-to-make-sure-artists-get-a-fair-cut concept.
While Facebook has mastered the art of enticing people to divulge small and large pieces of their daily lives, hurling an unprecedented amount of shared digital content onto the internet, its users have mastered the art of creating posts. They’ve become skilled writers and multi-media creators, matching photos with text, creating memes, quips and relevant links. The super skilled participants know how to get a lot of thumbs up. For free.
Under the current framework of social media platforms, users who log in and serve up gigabyte after terabyte after petabyte after exabyte after zettabyte of photos, videos and snippets won’t earn a nickel just by virtue of participating.
Enter Tipper and Selfllery, social economy cryptocurrencies designed to beat Facebook at its own game. If Facebook is hoarding content as publisher and as intellectual-property-owner-in-perpetuity, racking up billions in the process, Tipper and Selfllery are trying to create value for that same digital content. And they’re not planning on giving it away for free.
Their goal is to create an economy where value accrues to online users who’ve actually created and posted the gifs, limericks, songs, clips and images.
Whether you’re pimping food porn or just bedazzling the enthralled with a ton of hot selfies, Tipper’s hype strikes all the right chords. It aims to be a revolutionary decentralized social media platform founded on tipping. How is this any different from Reddit or YouTube’s tip jar? The Tipper Blockchain performs 250K+ micro-transactions per second, and promises to bring monetized video decentralization on a Facebook and YouTube scale – without censorship. Gone are the days when the central publishing authority can discriminate or say, “Hey, no more [fill in the blank] content.”
Tipper’s peer-to-peer goals:
Tipper not only makes earning on any given post the norm, but now there’s no limit to what you can earn on that post, opening a Pandora’s box of unprecedented monetization opportunity, and giving viral a whole new meaning. Tipper is creating a world where a post could pay for your coffee or make you a millionaire. Tipper is the ultimate patronage “econosystem” that pays both ways and thus incentivizes ‘tipping’. The more a user stimulates the social economy by tipping other users, the more opportunities they gain to earn.
Selfllery is a multi-functional social platform based on smart contracts that help monetize visual content. With each ‘Like’ or comment on a photo, a user earns part of a YOU token. YOU token functionality is expected to grow as the platform evolves. Users will be able to trade them, convert them to Ethereum and eventually use them as currency to make purchases on Selfllery’s marketplace.
First of all, we are a social platform, with many more opportunities and modules. Our platform organizes photo contests, allows users to sell photos, and enters into smart-contracts with bloggers. The whole platform is built on gamification. It’s interesting for people to participate in the platform’s creation and to develop along with it. Moreover, our platform has ratings and tops. These are some basic differences between us and the others.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin or cryptocurrency. Your transfers and trades are at your own risk. Any losses you may incur are your responsibility. Please note that The Daily Hodl participates in affiliate marketing.