HowDoo is a decentralized social platform based on blockchain technology. It aims to address the social and economic problems that exist in the social platforms.
Users create valuable content but really don’t own any of it. Only
3,5% of the YouTubers make enough money to crack the US poverty line. Content creators are a key source of value for any social media platform. These can be people with hundreds of thousands, if not millions, of subscribers, and their output drives significant traffic – and attracts a correspondingly high level of interest from advertisers. However, in the centralized model these content creators are finding that established players are increasingly ‘demonetizing’ their creations, with no notification or option to appeal. Worse still, there is a growing concern with shrinking subscriber counts, and the preference of established platforms for prioritizing sponsored content – as well as exerting a growing level of editorial control.
HowDoo believes that the people contributing, creating, sharing, and generating value across a messaging and social media platform should enjoy a greater return for their efforts. That’s why HowDoo propose an incentive based reward scheme to help promote large-scale user involvement in the platform, and reward content creators for their active contributions. By offering a share of advertising revenue (starting at
60% with the potential to increase to
75%) to be spread among the people actually producing the content, we will fundamentally transform the business models and user benefits associated with social media.
HowDoo is ready to disrupt social network industry with addition of payment options via cryptocurrency.
You would check the details at project website and whitepaper:
https://howdoo.io/https://howdoo.io/wp-content/uploads/2018/04/howdoowhitepaper.pdfETH: 0x1A5e1161e49Af08D41954b90885B9CFF33b88fB3