- TechFin Consulting
3 Platforms to Kickstart Your Web.3.0 Adventure
Source from Freepik
In the ever-evolving world of digital technology, socializing now takes on a whole new dimension in the world of Web 3.0. Gone are the days of simply liking a post or retweeting a funny meme. Socialising in Web 3.0 offers exciting possibilities with platform users earning rewards from publishing and engaging with content.
Here are three platforms to kickstart your Web 3.0 adventure!
Source from Odysee
Odysee is a decentralized video-sharing platform that empowers content creators like never before. Say goodbye to the limitations and censorship of traditional platforms as Odysee uses blockchain technology to create a fair, transparent, and user-centric ecosystem.
Run by the LBRY blockchain, the platform operates on open-source software which makes the data remain secure through a vast, distributed, transparent, and traceable network. The LBRY blockchain is created to share almost any file type which can be shared around the world by nodes in the network. Since the blockchain is decentralized, nobody can take your creations down. To put it in an example, LBRY is like WordPress, where different people can use the framework to create and run their websites. In this case, Odysee uses the framework to create a platform similar to Youtube.
Odysee offers three options for monetization:
Earnings per view
Users with a validated account are able to receive payments in the form of LBRY Credits (LBC) as a ‘tip’ in their ‘wallet’ based on the number of views they generate. This system rewards users based on their viewer’s average watch time, average view count, type of content engagement, and other aspects. Content creators who have a high number of viewers and credits perform better in search results and the total number of LBC earned is listed on users’ channels.
Tips from viewers
Viewers can choose to donate LBC to support users, which are then distributed to users to redeem.
However, no further information is provided on this scheme, and will likely be posted in the future as the platform grows.
Source from Mirror
Picture a platform where artists, writers, and thinkers can flourish, a place where their work can thrive, with complete ownership of their own data and identity. Mirror is a Web 3.0 publishing platform that allows users to create and publish content. The platform also leverages on blockchain technology, smart contracts, and decentralized protocols to provide a dynamic and transparent ecosystem that fosters authenticity and fair compensation.
With Mirror, content creators can mint and sell their work as NFTs (non-fungible tokens). This transformative feature allows artists to retain ownership and control over their creations, immersing themselves in a world where art is valued, protected, and monetized directly by those who appreciate it. No more middlemen, no more gatekeepers—just a direct connection between creators and their audience.
But Mirror goes beyond the mere trading of NFTs. It serves as a marketplace of ideas, where writers can publish their thoughts, essays, and stories. Here, readers can access high-quality, curated content and directly support their favourite authors. This creates a community of passionate individuals who engages in meaningful connection and collaboration. Furthermore, in this digital landscape, Mirror is a beacon of hope for content creators yearning for a fair and equitable platform.
Source from Steemit
Steemit is a decentralized social network developed using STEEM blockchain technology. At its core, Steemit harnesses blockchain technology and a unique rewards system to create a dynamic ecosystem where content is king. Users can earn cryptocurrency rewards in the form of Steem tokens through posting, voting, commenting and curating content.
What sets Steemit apart is its innovative approach to content curation. Instead of relying solely on algorithms or centralized authority, the platform enables users to curate and vote on posts they find valuable. This decentralized curation process ensures that quality content rises to the top.
Steemit also embraces the concept of digital ownership. With blockchain technology, users maintain control over their content and intellectual property. No more worries about censorship or arbitrary takedowns. Steemit empowers creators to share their work freely, knowing that their contributions are secure, immutable, and protected by the decentralized nature of the platform.
Whether you're a writer, photographer, artist, or enthusiast with a unique perspective to share, there is always a platform for you in the Web 3.0 space that allows you to share your creation freely, securely, and fairly.
Web 3.0 opens doors to opportunities for collaboration, exposure, and personal growth. The future of socializing is an adventure to explore as boundaries of connection and interaction are shattered, and the digital world becomes an immersive playground of possibilities.
This new space still has a lot to explore and offer, with some information only industry professionals can provide. Why navigate the new terrain on your own? Explore the complex technologies and endless possibilities of Web 3.0 with like-minded individuals and professionals. Sign up for the Advanced Certificate in Web 3.0 to explore the applications and possibilities the space has to offer.