Beautiful social media on the blockchain
Here at Goldsmith Money we often spout the benefits of blockchain technology for the gaming industry. The trustless and decentralised ledger is perfect for the creation of massive gaming ecosystems, with financial opportunities galore.
The same may also be said for social media. Whilst Twitter and Facebook generally offer users indirect financial benefits through the promotion of their goods and services. They offer very little in the way of direct financial benefits to the true influencers and content creators on their platforms.
When built upon a blockchain, social media platforms are able to rely upon the exact same decentralised ledger attributes – trustless, auditable, infallible, cost effective – to develop their own financial ecosystem. This blockchain foundation then allows for community trust in the platform and builds value within.
In building a valuable ecosystem, the blockchain social media platform is now able to distribute system earnings directly to the creators, influencers and community builders, based on their level of contribution.
The rewards will usually take the form of the native token to the platform. The value of the tokens will then be determined by the free market, through cryptocurrency exchange participants. The value will of course fluctuate. Over time however, consistent, good quality content creators, may be able to build a reliable income stream for themselves.
is a sleek and beautiful reward based social media platform built upon the blockchain for the reasons mentioned.
Appics is not the first social media platform built upon a blockchain. However in our opinion, it is the first built to a speed, aesthetic quality and functionality high enough to take on the mainstream players for usability. And ultimately it is usability which will determine whether it is suitable for mainstream adoption.
A blockchain based social media platform will only ever be as good as the blockchain it is built upon. So it was no surprise for us to see Appics announce that they would be moving to the Telos blockchain.
Telos is arguably the fastest, most powerful and most decentralised blockchain in the world. It is also one of only a very few blockchains with built-in governance solutions. Telos has a huge technical support network, which has just recently built social media functionality into the chain itself. A testament to their capabilities.
Of course when it comes to Telos, Goldsmith Money is a token holder and highly biased as to its quality. Make no mistake however, the merger of these two platforms is most certainly value accretive for both.
So we are thrilled to bare witness to the merger and welcome Appics with open arms. See our greetings message here.
Over the next 6-8 weeks we will look to incorporate Appics into our social media tool kit, utilising this platform to build our brand and our income potential.
A consistent theme throughout Goldsmith Money is ‘Trends’. Whilst the trend into blockchain gaming is unmistakable at present, when it comes to social media, the signs are much more subtle.
What we are seeing is people now willing to move away from from the major platforms like Facebook and Twitter and into other centralised platforms such a Parler. Will this carry into Appics – only time will tell.
Something to look out for though are the celebrities. Where the celebrities go, the masses tend to follow. Should a celebrity or two turn up on Appics – mass adoption could follow shortly thereafter.
Finally – if you are still reading this article, I deem you to be one of the Financial Awakened. And as one of the Financial Awakened, you should be always questioning where you are spending your social media time and efforts. Time is money afterall.
Ask yourself, ‘do I continue investing my valuable time into Facebook and Twitter, building value for their shareholders?’
Or, ‘should I consider building value in my own brand, in conjunction with the brands of others – within a rewards focussed decentralised community?’
Money talks ladies and gentlemen – everything else is mere garble.
You can learn more about the Appics at their website here; and, I hope to see you there soon.