In today’s overly connected world, social media’s impact on daily life cannot be understated. Social networks are by far the most popular platforms on the Internet. Out of the 100 most visited websites globally, 20 are social media sites, while another 60 have social media integration.

However, mainstream social media platforms are not without flaws. Increasing online socialization has also made people realize the moral and practical weaknesses that stem from big tech firms controlling global communications.

Fortunately, amid the concerns, Blockchain technology is gradually sipping into the social networks scene. Blockchain-based social platforms like SuperBid promise a future where online interactions happen without control, interference, or exploitation from tech giants.

SuperBid, an influencer-led social auction app, leverages blockchain technology to provide value to influencers and fans without getting in the way of their transactions. Read on for a deep dive into how the SuperBid app can transform mainstream social media.

The Problem With Mainstream Social Media
It is difficult to downplay the positive impact that mainstream social media has had on the world. Businesses and individual brands have risen from nothing to global domination within a few years. Popular networks have even been used to arrange political marches and revolutions.

However, today’s mainstream social media platforms are controlled by a handful of corporations, which store all user information on centralized servers. To drive profitability, these companies analyze user data to uncover their preferences, deliver personalized ads, and get paid by the companies they advertise.

The primary concern with this model is it places users as the product and not the customer. To interact online, platform participants give away troves of data, which is then used for targeted advertising. Therefore, advertisers become the customer while all users and their data become the product. The typical social media participant, be they an influencer or fan, has little to no control over how their data is used, who uses it, and what they get in return.

How is SuperBid Redefining Social Media?
Blockchain-based social apps have been gradually rising as a better alternative to conventional platforms. Their decentralized nature frees them from the control of corporations or governments, who might not have the same interests as users. Moreover, because they do not store data on centralized servers, they represent a much safer model for interacting online.

Building social media apps with blockchain solve three basic issues of social networking: autonomy, trust, and economic value.

Autonomy — Freedom of Expression

The elimination of centralized corporations enables blockchain-based social apps to provide greater freedom. Users can interact and transact freely, thanks to peer-to-peer communication.

Trust — Content Creation

Centralized social media platforms give full custody of user data to a few companies. Theoretically, these parties can change and use the data in whichever way they want. Because blockchain data is immutable, nobody can ever change the result of content payouts once complete.

Economic Value — Earnings for Content Producers

Blockchain-based social media puts users in the driver’s seat, enabling them to control how their content is distributed and how they earn money from it.

In addition to these general benefits, SuperBid pushes online socialization from liking and commenting to exchanging tangible value. Participating in influencer-led auctions enables users to support their favorite influencers while taking advantage of the freedom and transparency that blockchain offers.

On the SuperBid platform, an influencer can publish NFT's which can be tied to anything, consumer-grade products, personal items, signed mementos, blog content, courses, or even real-life experiences. App users can bid for anything on auction paying with a credit card or converting their $SUPERBID token in the in-app currency DIAMONDS. Imagine bidding for a chance to sing karaoke with Justin Bieber, have lunch with Enrique Iglesias, or shoot some hoops with Steph Curry! The possibilities are breathtaking.

SuperBid’s impressive and rapidly growing roster of influencers, which currently includes global names like Logan Paul and Amanda Cerny, is a testament to Blockchain as the next phase of online social interactions. Sign up for early access to the SuperBid app and position yourself to experience the future of social media, right on your smartphone.

For more information and to join our movement, visit www.superbid.io/.



TLDR;

SuperBid is a social auction app, powered by blockchain. SuperBid allows influencers to connect with their fans through auctioning authentic experiences, personal items, and unique NFTs. Fans can bid for content directly from global influencers and win auctions either with a credit card or convert their $SUPERBID token in DIAMONDS(the in-app currency)