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Social Media in Web2
Social media has become a ubiquitous part of our daily lives in the Web2 era. These platforms allow individuals to connect, share content, and communicate with one another in ways that were once unimaginable. However, these platforms also have their downsides, including strict censorship and limited access to certain types of content.
One of the most significant issues with social media in Web2 is strict censorship. These platforms often have strict policies that dictate what content can and cannot be shared, which can limit free speech and expression. Furthermore, these policies are often enforced inconsistently, leading to confusion and frustration among users.
Another significant issue with social media in Web2 is the limited access to crypto transactions. These platforms often lack support for cryptocurrency transactions, which can make it difficult for users to buy or sell digital assets.
Web2 social media platforms are often designed to be self-contained ecosystems, which can make it difficult to expand and grow. This lack of diversity can limit the overall potential of these platforms, making it harder to create new opportunities and add value for users.
To address these challenges, Polygene is building a Web3 social media platform that is designed to be more open, transparent, and accessible. By leveraging blockchain technology, Polygene can provide users with greater control over their data and content, as well as more opportunities to engage with other users and earn rewards for their contributions. With these innovations, Polygene aims to create a more democratic and equitable social media landscape for everyone.