Social networking form an integral slice of time for the daily activities of internet users today. Statista reports that during the fourth quarter of 2020, Facebook reported almost 1.85 billion daily active users (DAU).
Similarly, Polkasocial is a place where users can share moments, photos, video, streams, private messages,s and everything that is attractive in other centralized platforms, without the data leeching and forced advertising.
Polkasocial is a blockchain-based social network platform & NFT marketplace. Network, follow peers and influencers, live stream, play games, and much more.
Project is a decentralized platform where buyers and sellers can trade digital goods, services, and assets all with Polkasocial tokens.
Their goal is to disrupt and challenge the way we share our snapshots of life and interact with one another through our centralized social media platforms.
The project’s vision is to stand up a decentralized future by giving ownership of content back to our users, empowering freedom of speech as a core principle on our network, and by developing a reward system in which contributors are rewarded for their collateral.
This is a place where users can share moments, photos, videos, streams, private messages,s and everything that is attractive in other centralized platforms, without the data leeching and forced advertising.
Users can either earn PSN tokens through the network through likes, posting, marketplace, etc. Users can also deposit ETH which can be added to liquidity pools to earn PSN or simply swap from ETH to PSN if you wish to make a purchase on the marketplace or run an ad etc…
Users can earn as they interact with other users, follow groups, and post blog articles, Admins will also award high-quality posts. We will be adding a fundraising function to the platform in future iterations (currently in beta), where projects can invite users to support their project or even a charity
Users independently build the rules for using the data developed by them, prohibiting and giving permission for transfer, sale, and monetization. Blockchains, Parachains, and smart contracts will be responsible for delivering these rules. Anyone can be sure of their reliability and honesty, as Polkasocial will be open source
Popular Facebook, Instagram, Twitter, or YouTube accounts often suffer due to allegedly violating platform censorship regulations. This is especially apparent in countries where there are issues with freedom of speech.
PSN Tokens will be responsible for running the Polkasocial Platform currency
Users can earn PSN Tokens by engaging in the activities set out here:
You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…
Polkapanda NFT Personal Galleries are also coming to Polkasocial Social lending and earning coming soon
PolkaSocial has crossed the mark of 48,500 Followers on Twitter.
Polkasocial will launch the new wallet integrated iteration just after the TGE on the 2nd of October 2021, it brings some feature-rich additional premium plans which also provide auto PSN airdrops to the Polkasocial user. This does not mean that Polkasocial Network will involve a cost to use the platform, rather it gives some tiered benefits where a contributor can enjoy other features and also receive tokens for that given fee
Find more information about Polkasocial
Website: https://home.polkasocial.org/
Telegram: https://t.me/polkasocial
Twitter: https://twitter.com/polkasocial
Elise
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