CEO Jeffrey Edell laid out a six-point plan for social media companies planning the transition to blockchain.
Social Media News
The social media definition is a computer-mediated communication system developed for sharing information, ideas, interests and other forms of expression in virtual communities. Social media apps are currently the most popular services on application markets, which target nearly every smartphone user. Social media marketing is now one of the most popular promotion techniques, allowing ads to target potential customers in avoidance of disinterested people. Social networks are connecting people around certain points of contact, which are identified by advertising systems. Social media platforms are expanding their functionality by implementing e-commerce, shopping and other features. Building social media with a blockchain may become a next step in social media, which will reduce unauthorized access to the personal information of users, get rid of censorship and make a trusted-transaction system within the network.
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Social media platform X has long had a crypto spam problem, so will a fee to post be enough to stop them? Users are skeptical.
6067LunarCrush CEO Joe Vezzani believes that despite the upcoming Bitcoin halving, there might not be a significant shift in retail engagement.
3937Derivatives traders are targeting higher strike prices for Ethereum by the end of April.
3611Radio-wave crypto transmission, Vitalik Buterin’s new "degen communism" philosophy, and Solana’s newest vice president of decentralization — only on April 1st.
4262Telegram Messenger is the third-biggest messenger app in terms of monthly downloads after WhatsApp and Snapchat.
4393Farcaster’s parent company is reportedly closing a new funding round led by Paradigm. The deal would take its valuation to above $1 billion.
4954Online communities face challenges like spam, irrelevant discussions and a complex transition to Web3, impacting user engagement and brand narrative control.
21900A decentralized messaging app has soared into the top three most actively-developed crypto projects of the last month.
3415Influencer shakes up crypto world by delivering promised multifold growth on the new social trading platform.
21862Most victims were lured to phishing websites from comments posted by impersonator accounts on X.
2988Blockchain technology can address the pervasive issue of inauthentic users on social media.
18374A review of 86,565 social media posts related to metaverse technology showed only 14% negative sentiment.
14580Chappyz, an AI-powered protocol that aims to increase conversational engagement in social media platforms, joins the Cointelegraph Accelerator program.
12707Dynamic NFTs transform social media, enabling personalized and ever-evolving user journeys within the Web3 landscape.
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