Social Media is a fact of life
We are all consumers on online news, sports, business and financial news.
And we are all both consumers of free content and our consumption is transformed into data snd sold to advertisers and we get paid nothing.
Endless studies have been done to show how much internet content society consumes, and the current valuation of Facebook, in the billions of dollars, tells us the value of our data, in U.S. Dollars.
The paradox is that our content, and our attention generate immense wealth, but we don’t share in it at all.
Plus we are deprived of the basic rights of property ownership and free speech .
Tokenized social changes this
The big promise of tokenized social media is that you still create and consume content online, but you have the chance or opportunity to get a share of the money it generates.
Your likes which you give away for free in regular social media become money on tokenized social, which pays you tokens for your creation and consumption of content.
Tokenized means you buy tokens to participate, and you earn tokens for participating. Tokens are from the reward pool, which is replenished with tokens daily. This sounds like biblical mana from heave.
It’s a concept people have trouble grasping. But in the end it just works and you focus on giving and getting votes, which come through being social.
While many would say this is an unfulfilled promise, because some content producers earn very little on their content. I can say after 5 years it is a process.
First you earn by networking: defined here as upvoting content, commenting on content and building relationships do people seek out and upvote your content.
Honestly it is a recurring mistake to come here and produce content with no effort spent reading, commenting or upvoting the content of others.
This like all social media is comparable to a forest and you are one tree or a plant.
You have to give people a reason to find your tree in the forest, and that reason is engagement and relationships.
Summary
Social megia takes your time and turns it I yomoney paid to someone else. Tokenized social media tales your time and gives you a chance to turn it into money for you and the people interact with. It works depending on how social you are and how much time you put into it forming relationships.
Success isn’t guaranteed in tokenized social media, but failure is guaranteed in regular social media. Do you get to pick a chance over no chance.
Photo credit SPY advertising.
It has nothing to do with my post other than representing the potential height you can reach by doing the right things.