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Topic: PocketNet: Decentralized Open Sourced Social Platform Based on Blockchain (Read 129 times)

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Internet platforms have unlocked incredible amount of value by efficiently bringing together creators and consumers of goods, services and virtually any kind of content. However, those platforms are losing users due to variety of privacy issues and scandals inherent in extreme centralization. It is now abundantly clear that virtually all of the power and wealth in the current internet landscape is concentrated in the hands of the very few and they lack the motivation to spread that wealth. That power is wielded to protect moots, monopolize, exploit profitable creators (which now have little choice due to monopolization) and arbitrarily censor.

Pocketnet brings the foundations of Bitcoin to the world of internet platforms. All of the enormous value created by the platform is shared among players in the Pocketnet ecosystem in a transparent predictable way. No centralized entity exists that can disenfranchise creators by reducing their share of pay after they achieve success. Each creator earns an amount of Pocketcoin emission proportional to the success of their contributions to the platform. In addition, Pocketnet Direct Marketplace for self-serve advertising allows  ad buyers to buy advertising from specific creators using trustless multisignature transactions. Ads can be predesigned or custom placement, where creator has freedom in presenting the ad. This is different from traditional platforms where vast majority of wealth is now clawed back by the shareholders of platforms.

Pocketnet is built to have elements comparable to current successful platforms such as Google, Twitter, Facebook, Reddit, Snapchat, Patreon and Wikipedia along with completely new features. Illegal content policing is done by platform creators who are verifiably invested in the success of the platform.  This whole package of publishing, peer-to-peer communication, money transfers, internet search is based on equal nodes running the Pocketnet blockchain and the possibility of building multiple interfaces to suit needs of different users. As exodus from traditional corporate publishing and social platforms accelerates, users will look for platforms where they own content, subscribers and monetization channels.

Sign Up for Beta Test: https://pocketnet.app
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