Many of you are on HIVE because of STEEM. But many of you may not be aware that the former engineers of that created much of the existing STEEM/HIVE codebase left after the Justin Sun takeover and created a new blockchain called Koinos (www.koinos.io).
Well, the first social network on Koinos just launched.
No gas fees, no tokens required. Pure web3. Try it now at koinos-social.vercel.app.
Every major social network has evolved to deliver incredible value without users ever paying a single dollar. Yet social networks have generated billions of dollars in profits because they discovered a magical money printing machine that turned our attention into pure profit. This machine is called the "attention economy" and it's powered by our most limited resource, time.
We want users around the world to know that the next evolution of social networking must protect the user's attention at all costs. How we direct our attention, and how it leverages our time to create value has become everything.
Months ago, Meta launched Threads, an 'X competitor. New account creation boomed, but daily active users fell off a cliff because Threads offered no more value than 'X'. The battle of web2 social networks is effectively over and a new battle of web3 social has begun.
This battle is about redefining the attention economy and changing the role of users from the energy source fueling big tech profits to the engine driving the attention economy.
That's the mission of Koinos-Social; to give users the power to own everything about their digital lives, including their attention.
With Koinos-Social, users aren't just joining another social network. Instead, they are joining a blockchain powered movement to give users new rights, new ownership and new responsibilities.
Koinos-Social is engineered with the lessons learned from all the mistakes made by both web and web3 social in the past.
We won't take the easy way to profits by selling your attention to the highest bidder or launching a token that offers an empty promise.
But we're also not asking you to "just trust us" like Big Tech did because Koinos-Social is powered by smart contracts built on the Koinos Blockchain. This has enabled us to give Koinos-Social users true digital ownership without any gas fees or the need to purchase any tokens. No token also means no VCs or other insiders pushing us away from our values.
As Koinos-Social users, you will be vital in redefining the future of social networking and we can't wait for you to test our MVP, give us feedback and help us improve.
The MVP is so simple, we don't even need to explain how it works. What's important is that you'll be using a social network just like what you are already accustomed to but you'll have ownership over your digital self and that's something no other decentralized social network in history has been able to provide.
The MVP will look simple (it's an MVP after all) but what you are really seeing is the foundation for something much bigger.
Something that can evolve into an entirely new way for human beings to communicate, collaborate, and create value.
You can start contributing to that foundation right now by testing out our MVP at koinos-social.vercell.app .
