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Social networks have become an immense part of people’s lives. However, some privacy issues and other concerns have surfaced problems that many centralized bodies are yet to address.
Somewhat expectedly, the need for a decentralized network emerged, with many trying to take a share of the pie. With the fierce battle for supremacy about to take place, some projects are trying to get the upper hand by launching certain incentives.
Such is the case with Viblos, which aims to become the place to go for users striving for democratized free social networks and also provide various streams for them to earn passive income.
Viblos’ Next-Gen Tokenized Network to Arrive Next Year
The team behind the project announced the initial launch of its Next Generation Tokenized Social Interaction Platform earlier this month. Users will be able to employ the Beta version as of March 2022, while the full rollout is expected in Q2 next year.
Viblos will work as a tokenized platform to allow its users to earn passively the native cryptocurrency – VIBLO. How much they will indeed earn depends on the personal data and shared content.
Aside from operating as a social network platform, Viblos will also enable its clients to interact with investors, create non-fungible tokens (NFTs), tokenize advertising, and other features. The project promised that it doesn’t monitor nor demonetize users for offering dissenting comments. In fact, Viblos stressed on the importance of this as it has become a pioneer in this regard.
The team also asserted that it had addressed the aforementioned concerns about privacy, hacked passwords, and government censorship while creating a potential for its users to gain digital assets.
Speaking of the VIBLO tokens, there will be three million minted initially, with the founders receiving 20%. Another 10% will go to early investors, 5% for marketing and promotion, 5% to advisors and specialists, and the remaining 60% will be for staking rewards and exchange among users.
Interestingly, Viblos will also allow its users to get paid if they choose to watch ads the value of the tokenization by the advertisers or opt for an ad-free experience. Similarly, users can also tokenize ads to promote their companies, websites, goods, and services.
It’s also worth noting that the project has vowed to introduce the concept rent your data, which enables users to retain the control and ownership of their data at the same time they can generate income with it.
None of the founders or initiators have or ever will have direct access to their tokens. They’ll only receive tokens based on the actual capitalization of the project. This model was created to avoid price dumping and flooding the market with millions of tokens.
What is Viblos
Viblos is a tokenized mixed social network that supports social interactions and community creation based on democracy and freedom of expression. Of course, there are limits that should not be exceeded, but Viblos will never demonetize or censor anyone for having a different opinion. That is, unfortunately, the path that most of the big platforms have decided to take.
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