As an internet user, imagine a social media network that protects and promotes privacy, remunerates for content creation, is decentralised and bequeaths its enormous power in one’s hands (community) rather than a corporate enterprise. Today, that imagination has become a reality with the Say Network ecosystem (The People’s Blockchain).
The community driven Say Network’s underlining principle is to create a decentralised social media network that would effectively synergise important aspects of blockchain and social media technologies that would empower and incentivise its users unlike other social media network such as Facebook etc.
It is a win-win with Say Network as its uSAY social media app consists of uLIVE and uNFT marketplace functionalities. The uSAY social media app is built to reward both content creators and content consumers with the $SAY token. Basically, the uSAY app will be developed on a decentralised blockchain and, revenue from social interaction and advertisement would be redistributed to its users based on various unique attributable measurements of participation (Social Activity Coefficient).
The Social Activity Coefficient (SAC) is an unbelievable tenet in the functionality of the Say Network ecosystem. The SAC algorithm will be implemented as a set of smart contracts deployed to the Say Network Layer-1 Blockchain. These contracts are responsible for analysing and tracking content interactions relative to its users. The SAC, overtime will have the ability to recognise quality content and provide mechanism for users to identify that content. For example, a piece of content will have a higher number of plays and actions taken on a media object if the content distribution is favoured based on users’ content variety through the systems algorithm which is mathematically calculated. The SAC will quantify based on the content distribution and content variety of the evaluated media object.
Video Link: https://www.youtube.com/embed/6SUjXDlG55s
The Say Network community led team under the leadership of its fully doxed Community Executive Lead Taylor Mitchell, do not underestimate the challenges they would face in the fusion or coexisting of both the blockchain and social media technologies, hence, the team is proposing a unique model that is permissionless, sustainable, scalable, user friendly and above all rewarding.
Furtherance to the community driven team’s desire to develop a social media app with the above stated beneficial mechanism it is therefore organising phases of fundraising. The funds raised will help tokenise the smart chain, continuously develop the project and most importantly market it worldwide. This would undoubtedly help Say network achieve the necessary exposure, recognition it deserves that would inevitably lead to a migration of the $SAY token from Solana network to its own Layer-1 Blockchain.
The immense advantage that early adopters of the $SAY token will have, is that they wouldn’t need to wait for an indeterminate time as the uSAY app is already 70% completed courtesy of the hard work of its indefatigable developer Karl Mozurkewich. Therefore, this is a fantastic opportunity to be an early member of this community led project where you can monetise your content creations.
For further information please visit the Say Network’s website at https://www.saynetwork.io
Join the Say Network community telegram group https://t.me/saynetwork
Press Release Distributed by ABNewswire.com
To view the original version on ABNewswire visit: Introducing Say Network: A decentralised web 3.0 social media blockchain technology
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.