In today’s world, content is everything. People share and view content in their social media. There are many problems with this, however. Moreover, since the number of people who use social media is increasing, these problems will be more complex as there is no media hub that addresses and solve them, something which MAKE attempts to do.
What Is It?
It is a platform that aims to be a media hub. As a platform, it realizes the importance of users. Most social media platforms today don’t give little to no power to their users. For these social media platforms, the users become the product despite their importance. MAKE realizes this and want to give the power that the users should have.
The Problems with the Existing Social Media Platforms
The first problem is greedy social media platforms. Without their users, social media platforms are nothing. Users within these platforms are the one who creates value, which generates traffic and thus, brings revenue to the platform. Despite this important role, many of the existing social media platforms are greedy. They give little to no rewards to their users.
The second is content sharing process, which is impersonal, awkward, and time-consuming. There are many social media platforms today. Within each platform, users share content between one another. Unfortunately, the users have no capability to build collections of content (for example, emojis, stickers, gifs, pictures, short videos, and so on) that they can share cross-platform.
The third problem is that the existing social media platforms hardly prepared for the technological innovations. Most of content sharing today happens on smartphones. Not surprisingly, most platforms focus on it. Innovations, such as gaming, live streaming, AR, and VR are not considered yet. These innovations will come soon but most platforms have not considered them yet.
Solutions
The platform will address and solve the problem in a few ways. The first problem will be addressed and solved by the Blockchain technology. With Blockchain, each one of the content can be traced back to its original owner, making buying and selling possible. Consequently, the original owner will be able to receive rewards for the content they share.
The second problem will be addressed and solved by MAKE’s cross-platform plugins. Using these plugins, users will be able to access as well as share their favorite content seamlessly across various platforms. The content sharing process will be seamless. Any app can be used to search the database as well.
The platform realizes the incoming innovations which will change how we share content. As such, the third problem is addressed and solved by preparing the standards for those innovations. The platform realizes that there will be a demand for an asset marketplace, high-quality content, easy payment system, moderation, ease of access as well as a portal for advertisement.
Advantages of Using MAKE
There are many advantages of using the platform. Firstly, the platform is developing the most advanced and feature-rich content sharing platform in the world. There will be lots of high-quality features within the platform. Secondly, using the platform, users will be able to share content anywhere they want across platforms.
The platform is also decentralized, offers the users the control they deserve and is transparent in doing its business. Most social media platforms do the opposite of these. They are centralized, offer little control to their users, and lack transparency. MAKE flips the script and puts the power in the users’ hand.
Token
The platform will issue a token called MAKE token. It will be used as an internal currency within the platform. Using this token, users will be able to access the platform’s various services. The token is based on ERC-20 and is sold $0.01 USD/token. There will be 5,000,000,000 tokens, but not all of them will be available for sale.
Token Distribution
The token will be distributed in the following ways: 50% of the total will be distributed for ICO, 25% will be distributed for operations’ fund and rewards to employees, influencers, partnerships and promotion, 18% will be distributed for the team and advisers of the project, 5% will be distributed for reserve and 2% will be distributed for bounty.
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