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News

Breaking the Chains of Centralization: Floyx – The Future of Social Media

Gamepost
Gamepost Published April 10, 2023
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8 Min Read
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After every news story about Facebook or Twitter and the subsequent sale of its users’ data, after every completed conversation conducted via messenger or whatsapp – when the product adjusts your ads based on the words captured, after every subsequent hacking of your or a friend’s account and exposing private conversations… Floyx decided to create a viable alternative to all products.

Replace places where the user is currently the product with a solution in which the user is the highest in the hierarchy, generating profit based on his impressions and other forms of activity (because he is the one who spends his time using the product).

It’s more of a mission and a path that its creators have chosen to follow than an “idea”.

Social media problems

There are three major issues with centralized social media.

It is vulnerable to external attacks because it stores the data of all users.

Each corporation is responsible for making decisions regarding the appropriate use of user information and monetization. To that end, it listens in on our conversations, displays advertisements, and the user is the product being sold.

Removal and censorship – If we publish content that is not politically correct or contains words that are not currently “allowed,” that content will most likely be removed or the account will be blocked.

Large corporations act as information and identity intermediaries; this is a limitation of Web 2.0 and centralized social media that Floyx intends to address. Change the game’s rules.

Floyx alternatives

Identity and security

The era of centralized social media is drawing to a close.

We’ve seen corporations, both well-meaning and profit-driven, jeopardize user identity, well-being, and freedom of speech.

Blockchain enables decentralized identity management and the creation of online personalities that do not require a central authority to certify identities, thereby eliminating them.

Decentralization brings the real world and online personalities closer together, allowing for metaverse, or the ability to live your virtual self without the consent of others.

It solves the problem of authenticity and indelible identity by combining biometrics with the user’s wallet.

Personal information

Each user owns his or her own data and decides which of it is accessible via Floyx’s centralized database.

Smart contracts managed by the Floyx community govern all micropayments.

The decentralized system enables the user to own all published content, including meta data, both physically and virtually.

Users can choose whether or not to share ad revenue and how much meta data they want to disclose. They will also be compensated more if they buy from an advertiser.

Unafraid of censorship

Allows users with opposing viewpoints to coexist by engaging with their respective groups.

Users who collaborate with other groups are the “keepers” of the peace and are compensated more to allow ideas and the spirit of cooperation to germinate.

One interaction with a user or his content does not define him; rather, it gradually enriches his profile, and he is labeled as a contributing,’neutral,’ or’unhelpful’ user.

All user profiles will be kept in the user’s wallet rather than on centralized servers. This means that no one has the authority to remove any profile’s content or to remove that profile from the space.

Floyx designers

“We are only the primary driving force behind a project that will help connect people from all over the world. We hire and collaborate with people from all over the world and work remotely, adhering to the principle that collaboration is preferable to competition.

The current team of 11 people includes three founders, a lawyer, and programmers.

When we successfully raise funding, we intend to add 7 more developers to the team, including 4 blockchain developers.” Founder Daniel Syrek told us in an interview that

Concerning the project

Floyx is a web2 and web3-based decentralized social media platform.

Web2 ensures the delivery of today’s well-known functionalities, combined with innovative solutions, while also considering additional monetization of creativity for creators.

Add posts, articles, videos, livestreams, podcasts, and run groups, all with a public/closed (paid) content split based on the preferences of the authors.

Web3 – is a wallet-like decentralized application. A user who publishes content with it stores everything in an extra form of NFT on his wallet, allowing him to quickly and easily recreate his profile (login) to all products in the Floyx ecosystem (like games or the metaverse world).

Floyx Blockchain

The app connected to the Floyx chain will allow you to stake, farm, access the NFT store, and use your NFT collections. This is a completely free and easy way to become a network validator and earn extra money.

Floyx will enable new businesses to tokenize or build new projects on their own blockchain.

Full token and smart contract issuance automation (no need to hire blockchain developers), full marketing support, and the ability to integrate with our ecosystem are all available (access for all users). Furthermore, there is the possibility of receiving development grants.

As of today, the developers are expanding the product with a website and mobile apps, which are already available in the Google Play and App Store.

“The upcoming planned update will enable the community to view a crypto trader profile. A profile that can confirm the veracity of the published information and assess the effectiveness of such a trader.

In a later stage, the profile and system will be expanded to allow users to challenge another user to a “duel,” with the prize pool considered on both sides. Individual and group tournaments will also be held, but these are future plans related to the development of this area “, Daniel also contributed.

Vote for Floyx on DaoMaker.com.

Airdrop Floyx is available on the DAO Maker platform until April 12, 2023.

The more funds a voter has in his or her portfolio during the voting period (and on the day the voting period ends), the more points he or she receives. The more points you have, the more Floyx tokens you get. The total prize pool in Floyx tokens is $15,000.

All links are available at: https://linktr.ee/Floyx

If only three must be included, then:

www.floyx.com

Tweets by floyxcom

https://t.me/floyxofficial

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TAGGED: decentralized social network, Floyx, NFT, web3
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