Hey guys, let's talk about Web3 and SocialFi. In this day and age, it's clear that quality content is the real deal, and many of you are aware of how much some content creators make from apps like TikTok and YouTube.
The downside is that these platforms own the content, and they earn much more than they pay the creators.
This is why I believe Web3 is crucial, especially with projects like Phaver, which not only give users control over their social profiles and content—ensuring they aren't locked into a single network—but also reward them for their contributions.
https://x.com/phaverapp?t=SEK6TrNyibS_gr4vBpKGZw&s=09The question, though, is about sustainability in the long run. Do you think this model can last?
Web3 is meant to solve what traditional systems cannot solve, and hence why we have the blockchain system and the whole web3 space. Anything that can allow cross-posting and combining reach & reactions, will be good and that is why utility tokens like this make it to Bitget, and users request it on Binance afterwards.
Check your records to know what utility tokens are and how you can know what they do.