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A new social network is being developed for everyone who use, trade, or invest in cryptocurrencies. The blockchain-focused Dappsy is being built to offer cutting-edge features for the crypto communities to connect with each other, enjoy trading and swapping of tokens, invest in new, promising & verified projects, and much more. Dappsy is the first professional social network for crypto communities that is entirely built with decentralization in mind, all users’ engagements, uploads, and conversations are completely secure.
The unprecedented growth of cryptocurrency and its underlying technology, blockchain, over the last decade has brought with it massive opportunities all over the world. As of now, it’s becoming harder to imagine a future without cryptocurrencies. Despite obvious challenges that come with new technologies, cryptocurrency and blockchain technology are becoming part of our lives every day. Yes, many businesses, both public and private, are adjusting their systems to encourage people to transact using cryptocurrencies. For instance, Microsoft became the earlier adopter of Bitcoin in 2014 when it began to accept it as a payment for games, apps, and other digital content. Goldman Sachs has made Bitcoin available to some of its high net worth clients. Tesla and MicroStrategy hold a combined $3.5 billion worth of Bitcoin. PayPal is allowing its customers to use cryptocurrency to leverage international online payments. Add to the rise of decentralized finance (DeFi) and non-fungible tokens (NFTs) that are taking the internet by storm, and you have a complete shift in the way we interact and do business. Simply put, we are witnessing a revolution in the global economy, occasioned by blockchain and cryptocurrency.
A few years ago, social media networks stamped their authorities in the global scene, increasing virtual connection between people all over the world. While these platforms are popular, they are all handling general topics that are not specific to a particular industry. Furthermore, they are largely centralized, hence collect and control all the user data as they wish. And we all know the risks associated with centralized data. Don’t we? Yes, a single point of failure (as recently happened with Facebook) or malicious breach of the network will take off or endanger everyone on the network. Concerning cryptocurrencies, most social networks offer little to no integration to safeguard or advise investors. Investors do not have access to legitimate information to verify new projects worth investing in, hence the many losses to rug pulls and con artists. Dappsy is trying to solve these problems, and bring booming crypto communities together to securely interact, share knowledge, and trade digital assets with one another without exposing themselves to the risk of losing their privacy.
What is Dappsy?
Dappsy is a reliable crypto social network designed for everyone who use, trade, or invest in cryptocurrencies. Looking at it closely, Dappsy is simply a social exchange that offers all that Telegram, Reddit, Discord, Twitter, and Medium offer. However, unlike the above platforms, Dappsy is decentralized, user-owned, and user-governed.
With Dappsy, you will be able to enjoy specific features designed to make your life easy as a crypto enthusiast.
- Metamask Login: The social network’s first priority is to ensure security of every user and their activity on the network. Metamask has built a reputation as a highly secure platform
- Trade tokens: Users can easily trade/swap their digital assets, just as it happens on other exchanges
- Strict audit of new projects: Dappsy applies strict audit process to ensure every project listed on its network is verifiable and legitimate- all aimed at protecting investors’ interests
- Discover new projects to invest: You will have the opportunity to discover fantastic, verifiable projects to securely invest in, and grow your portfolio even better.
- Connect easily: Dappsy works like any other social network, hence allow you to connect with people of likeminded within the crypto community, which is likely to open more opportunities to learn and participate in projects you’re passionate about.
As a blockchain-focused platform, Dappsy promises its users that they will have the opportunity to remain completely anonymous if they wish to. The aim is to give you (user) complete control of data.
Benefits of Dappsy
- For Projects
Dappsy is looking to invest in projects with promising good ROI. Through their Fuelpad Initiative, Dappsy aims to fund your project in order to achieve the best results, and propose the projects to its community for possible investments.
They include:
- Projects that are new and want to reach a large audience of active investors.
- Existing projects that want to broaden their scope and take their work to the next level.
- For Investors
Dappy’s primary focus in on cryptocurrency investors. They have aligned their goal with investors’ interest to ensure you as an investor enjoys the most reliable social network with opportunities to grow your investment portfolio.
As an investor, you will be able to:
- Find new and reliable projects
- Join a community of new and experienced investors looking for the greatest investment opportunities
- Swapping exchange for most used cryptocurrencies
- Communicate quickly with other investors regarding new projects
- Communicate with the community anonymously
- Access excellent articles and courses for getting started with cryptocurrencies
- Participate in the funding of new initiatives
- Create your own project and become a part of Dappsy community
- Sponsor/Promote your own projects using APP token
The APP Token
Dappsy platform will be powered by its native token, the APP Token.
The token that will define the ownership and governance of the Dappsy platform will involve a native token that aligns incentives for users to participate in autonomous governance, granting them managing rights to decide on content that are submitted for consideration. This system will ensure that Dappsy users are active decision-makers who determine how the platform evolves.
The ad revenue generated on the platform affects the APP’s main value. This revenue share is derived from advertisements placed on the platform by our advertisers.
This means that by treating APP token as a currency and asset, all of our token holders will benefit from Dappsy revenue. All other revenues generated by Dappsy, such as transactions, premium subscriptions, or any other form of revenue we propose in the future, will be included in this revenue share.
The Launch
Dappsy team is working to release the beta version of the platform by Q2 of 2022, which will be followed by the release of a fully functional product in Q3 of 2022.
Keep it here for important updates about the project.
