The post-2-earn industry has been proliferating in the world for so long. Social media platforms are the initiator of the post-to-earn approach for those people who want to earn through their content. SocialFi is very likely to gain recognition in 2023, with the conditions of web3 many projects are introducing new ways for their community to make more money as crypto will soon reach adoption.
Twitter, Youtube, and Instagram are great platforms to promote crypto projects, brands, products, and more. The only way to get a promotional deal from brands is if they have a high following. There are many influencers with great content who fall behind and fail to get recognized by brands. These influencers spend tons of money to make content and still fail and fall behind not to mention get discouraged. Why not change this concept, so everyone gets paid and goes home happy? Therefore, they get recognition on basis of great CONTENT, not by the number of FOLLOWERS. Also, benefit by generating revenue from the UBi platform and/or from the brands or projects they are promoting on the UBi platform, it’s like a win-win situation.
UBi is a social networking platform that allows creators to add content on the niche they want to convey to the public. The content they have created can be monetized on the platform which ends with making a profit for the creators. Imagine getting paid to add only content, at UBi you do not need thousands or millions of followers to make money no more, this is a GAME CHANGER for social media. Someone with 10 followers can make more revenue than someone with 1 million followers.
The goal is to create a thriving community and ecosystem. There are some key benefits of crypto and downside of crypto as well. The majority of the global population has not fully embraced crypto because of scams and volatility in the market. Investing in meme coins and/or rug pulls takes the positivity away from crypto. Therefore, most experts encourage DYOR because you want to invest in great projects that bring new value and can be life-changing.
Censorship and Privacy: Many of these big social media tech companies have made a ton of money selling user data to third parties. Imagine working hard for years to build followers only to get banned from the platform because they spoke their mind. Why do people still use these platforms because of money, traffic, followers, and attention? Not to get off topic but web3 is the holy grail to solve most of the social media problems today. Web2 tech companies use private servers to store user data. Web3 is a decentralized protocol that mainly uses blockchain technology and smart contracts to enhance the web3 ecosystem and store user data. Web3 comes equipped with extra features then web2, similar to web2 was equipped with extra components than web1.