Press release
Exploring the Social Media Revolution of Web3 with Ecency.
Social media has become a crucial aspect of our daily lives, linking people worldwide. Platforms such as Facebook and WhatsApp, based on Web 2.0 principles, have revolutionized how we communicate and share information.Conventional social networks, which are controlled centrally, face issues like data breaches, censorship, and privacy violations. This has prompted the development of more secure, transparent, and user-focused Web3 social media platforms.
Ecency is a social media platform that is based on decentralization, security, and empowering users. It provides advantages compared to traditional social media by allowing users to manage their data and supporting freedom of speech.
Additionally, decentralization and blockchain technology provide enhanced security and immunity to censorship. Unlike conventional social media platforms where content can be deleted or restricted by the owners, Ecency stores content on a decentralized network, making it extremely difficult to censor or delete.
The platform offers a unique rewards system that motivates users to engage by earning Hive tokens depending on the quality and popularity of their posts. This innovative method promotes fairness in content creation and benefits both experienced and new creators. Ecency stands out for its dedication to transparency, as all content and voting activities are securely recorded on the blockchain, preventing any centralized control over the platform. Community members play a significant role Ecency ecosystem by curating and upvoting valuable content, which not only impacts visibility but also supports the platform's decentralized structure. Users have full ownership and control over their data and content.
Ecency
Ramybes g 4, Vilnius
hello@ecency.com
https://ecency.com
Ecency is an open-source, blockchain-based social network with a financial layer built-in on Hive protocol. Building social media with monetised rewards for content producers, true account ownership, free speech, a community-powered network that gives power back to the people who are part of the network. Company actively helps building open source software based on blockchain technologies and welcomes you to join the journey.
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