Innovative social network, Ecency, seeks to change the way people interact with their Blockchain-based social network powered by Hive
June 15, 2021 —
Ecency, previously known as Esteem, is a social network designed to revolutionize the way people interact, create, build, and engage on the internet. Founded in 2016, the platform has continued to evolve, leveraging the latest technologies, with the goal of bringing a secure and rewarding blockchain experience to all people while allowing them to express their opinions without being subjected to restrictions or undue censorship.
The global social media space has grown and evolved over the years. The emergence of several platforms as well as the increased access to the internet due to the advent of smart mobile devices has continuously driven the growth of the industry. A recent report estimates the number of active daily users of different social media platforms to reach over 3 billion by 2027. While the statistics look good for the different stakeholders in the social media space, many of the platforms have not particularly met the needs of users in terms of comprehensiveness and freedom of expression. However, Ecency is looking to change this narrative through their blockchain-based social network where every participant is stakeholder of entire platform.
Ecency aims to be the top social network by focusing on being a blockchain-based social network with true ownership and rewarding communities. The platform offers all categories of users, irrespective of age group, gender, or location, an avenue to express themselves freely and have community with full moderation capabilities and total ownership. Ecency users have full control of their accounts, with no one having the authority to take down content, which stays on the blockchain forever, making sure apps as accessible as possible, secure, and in many languages the world speaks
The platform is particularly unique as a Blockchain-based social network powered by Hive, bringing the decentralization feature of the technology to the social media world. Ecency is designed on the principles of rewarding communities, true ownership, empowered creators, and free speech to millions of people. It also rewards users with various digital tokens as part of the goal of building a rewarding community, with over 15 million points already distributed.
Release ID: 89028094