Affiliate marketing helps businesses and creators drive sales, and helps individuals earn by promoting products. However, the current system relies on central intermediaries to track referrals and payouts. Web3 can create a more effective and mutually beneficial system for all🧵
NFTs are here to transform entire industries, not just your bank account.
Social networks
Entertainment
Retail
Governance
Accounting
Legal
Loyalty programs
Art
Events
Financial instruments
Subscriptions
Real estate
Certifications
Health records
Education
Services
Gaming
IP
A Web3 digital identity has many benefits for interacting with Web3 services. It can act as a wallet address & a reputational tool, convey your credentials across multiple platforms, enable encrypted email forwarding, and serve as a digital business card.
https://t.co/7qDR5Iwzp1
Politics is downstream from physics, and physics is downstream from mathematics. “For every thousand hacking at the leaves of evil, there is one striking at the root.” Fix the money, fix the world: #BTC.
NFT playbook that died in 2022:
1. Botted followers
2. Staking as a utility
3. Endless Missed deadlines
Playbook that will thrive in 2023:
1. Projects ran like businesses
2. Founders in the trenches with the community
3. Extreme transparency
Actual value > hype
The Unbanked
1/4 of the global population is excluded from the current financial system. Due to lack of collateral and credit history, they can only access loans starting at 100% interest rate. Crypto has an opportunity to change that.
By @GabrielaChang17
https://t.co/udgr3mAFXb
Elon Musk taking Twitter private has resulted in mass firings seemingly without due process. His flip-flopping on free speech and the alienation of advertisers affecting Twitter's revenue streams have demonstrated several structural shortcomings of centralized social networks 🧵
The benefits of decentralized social media protocols storing user data on profile NFTs include:
- ownership and control
- security and immutability
- potential for monetization
- interoperability between apps
- solving the problem of limited storage space on the blockchain 🧵
Web3 and DeFi can be a powerful tool of empowerment and inclusion for the unbanked in the poorest nations by providing access to financial services that are not available through traditional banking systems 🧵
The Elon Musk Effect: The Case for Decentralized Social Networks
Elon’s takeover and subsequent privatization of Twitter have further driven discussion in favor of the need for decentralized social networks.
https://t.co/GrrMhWxQJo
In an unbelievable move, Twitter are now banning tweets and accounts displaying links to social media competitors including Facebook, Instagram, and even Linktree.
The need for decentralized social media protocols like @LensProtocol and @desoprotocol has never been greater.
NFTs, or non-fungible tokens, have the potential to revolutionize the way we think about online identity.
Traditionally, online identity has been difficult to verify and often relies on centralized systems that can be susceptible to fraud and abuse.
Polygon is ‘unlocking something big’ as daily active Web3 users explode
• Daily active users have reached close to 400k
• Trump NFT collection is minted on the @0xPolygon blockchain
• @RaoulGMI said Polygon is on the cusp of ‘unlocking something big’.
https://t.co/bcg08DULQm
Apple plans to open its ecosystem to third-party iOS Apps. This move may benefit apps built around NFTs and help expand the scope of mobile crypto payments. Currently, strict rules apply for NFT apps, as in-app purchases are subjected to a 30% commission.
https://t.co/ctF93xiAIY
“We see NFTs in their literal sense and more generally than just for their application with artwork or collectibles. An NFT is an applicable construct for any unique asset for which only one exists. For example, loans and property titles are unique assets that are not fungible."
Web3 Culture: Elevate Your Community
Ensure you have a solid cultural foundation ready to onboard new members so your community can thrive within the forum you created for them.
By @TimHaldorsson via @RollingStone
https://t.co/vv7NtQG7fx