Let's talk today about one important advantage of the decentralized social network Solcial. And I would call it economic neutrality. We all know what Facebook, YouTube and many other social networks of the current generation that we know are making money on. On advertising. Platforms provide advertising space. Entering a social network, we are immersed in the world of advertising, which beckons us with a wonderful future with their product, convinces us that without some product we will be the most miserable people in the world. We are surrounded by so-called native marketing. And very often this advertisement is already very aggressive and intrusive, clogs our space and each of us at least sometimes thought that we would like to stay without it at least for a while. And there is also a huge risk of losing our privacy through these ads. But it is on it that centralized Internet platforms earn. So we can only dream.
But is it just a dream? And what can the decentralized social network Solcial offer us? And here it is not the platform that earns, but the content creator. And access to the content we are interested in, comments, likes and other actions bring us profit. Not the platform on which we host our content. It turns out that we can monetize our actions and earn user tokens. And here we have a huge and rapidly growing market for buying / selling NFTs.
What is NFT? Simply put, this is a digital certificate, this is our right to some kind of intellectual object. You buy it and additionally get the rights to this object.
And let's see how NFT can work in the music field. Why in the music? Because Solcial will not block the musician's account, because the musician will be able to monetize his work, i.e. earn online and one of these ways of earning is NFT, but it is not the only one.
But back to NFTs. How it works? The author releases a track, an album, any honey file. With the help of NFT “workshops”, this composition is converted into a token that is being verified. Well, then the musician can only wait for the buyer, or maybe he will organize an auction and will wait for the best price.
And you understand that such an idea gives the musician great prospects. Such as full control over the cost of their work and over its rights. That never again and nowhere will you need to confirm your copyright for a composition, there will be endless courts with promoters, recording studios and film studios. And since we sell access to the product, it can belong not to one person, but to several. This will be decided by the author. And so you can sell the rights to your music in advertising and the film industry. The musician will be able to directly interact with his audience without third parties.
And since the NFT is based on the technology of blockchain and smart contract, no one will ever be able to hide part of your profit, will not be able to resell or repurchase without permission.
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