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5 blockchain-based social media platforms to know

Published 07/03/2023, 07:07 AM
Updated 07/04/2023, 08:40 AM
© Reuters.

Social media networks built on the blockchain are revolutionizing the way we share, interact and communicate with people online. These systems offer improved transparency, data ownership and decentralized incentives by utilizing the power of blockchain technology.

This article will discuss five well-known blockchain-based social media sites: Steemit, Verasity, Binded, Audius and Sapien.

Audience and niche

Value proposition

Monetization models

Quality and consistency

Diversification

User experience and engagement

Promotion and marketing

Analytics and data insights

Legal and ethical considerations

Innovation and adaptability

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