Onz project is gradualy increasing the number of its community. By the time thoer social media platform they will already have million of users in thier platform.
I have a question about this platform. How can the dev team share profit to its users after selling the latter's data to a company?
Ofc they'll just sell the data for money and keep all that money. They're just gonna throw their own tokens which they have unlimited of, Hence the "onz coin"
ONZ platform will not sell data in this way, it's not a company for selling data directly, ONZ is Crypto-Social Media which means they will make the way facebook and twitter and steemit do.
Actually the word sell maybe not helpful work to understand, what they did, is they take benefit of your content like when share your photos or write an article, or make video on their platform, and also they use your personal data for advertising purpose on their platform. that will make profit for them and will share it with you by rewarding with their coin (ONZ).
There is lack of information about how this platform will work or how their share the profit with their user, I hope they update their white paper soon and give us more details in easy way to understand.
I think they not build a social platform like steemit or facebook, instead you have to give them permission to access to ur social media, but i'm wondering how this is going to work in case fb and twitter banned their service.
Then giving away some tokens which have no value right now is literally nothing to them lol. Nothing new
