"PhilSocial: Revolutionizing Social Media, One Philanthropic Click at a Time"

Generado por agente de IACoin World
miércoles, 19 de febrero de 2025, 3:30 am ET1 min de lectura
MATIC--

PhilSocial, a revolutionary social media platform, has launched with the aim of transforming the way users interact and engage with social media, while also driving meaningful change through philanthropy and social good. The platform, built on the Polygon blockchain, is designed to reward users for their engagement and support causes that drive real-world impact.

The average social media user spends approximately two and a half hours a day on different platforms, accounting for over a third of their daily online activities. This translates to a $300 billion market annually for the social media market, but only 8% of the revenue gets to content creators and influencers. However, the common user rarely enjoys any benefits from the time spent, grossing zero dollars despite spending hundreds of hours annually on social media.

PhilSocial aims to change this dynamic by tying engagement to charitable giving. Users can earn Philcoin (PHL) and NFT rewards for interacting on the platform while supporting causes that drive real-world impact. The platform introduces a novel feature, built-in philanthropy, that ensures users give back to charity before they withdraw their rewards. This feature, called "Get2Give," converts users’ interactions such as chatting, creating content, playing games, or referring friends into rewards, paid out in the native Philcoin (PHL) or NFTs. The rewards are sent directly to the users’ decentralized wallets.

However, PhilSocial adds a built-in philanthropic layer, a unique feature that only allows users to unlock their rewards once they have given back to a cause on the platform. This 50% ‘philanthropic fee’ can be donated to an existing cause or used to start a new one. Only after this contribution can users claim the remaining rewards.

Philcoin has already created real-world impact through its support for various causes. For example, the Cabécar “Chirripó” Tribe in Costa Rica received essential infrastructure, including roads, schools, hospitals, and telecommunications facilities, through the platform’s support. As Jerry Lopez, Founder and CEO of Philcoin, has continuously shared, “Philcoin isn’t just about digital currency; it’s about creating economic opportunities.”

Apart from revolutionizing social media through philanthropy, PhilSocial makes sure users maintain complete control over their data. Built on Polygon, unlike Web 2 social media platforms, it leverages blockchain technology to guarantee privacy and decentralization, protecting users from third