How Can Social Media Benefit from NFTs and Blockchain Technology?

The digital world is transforming in ways we never imagined, and Non-Fungible Tokens (NFTs) are leading the way. Thanks to blockchain technology and NFTs, social media platforms are beginning to experience a new level of engagement. From customizable avatars to augmented reality items, NFTs are giving big tech companies new ideas. This article will explore the potential benefits of using NFTs for social media platforms and the sector’s best practices. In this context, Instagram's experiment with NFTs represents a peculiar…

Which Social Network Can Affect the Sentiments of a Crypto Project?

Social media is among the most revolutionary technologies of the 21st century. For example, networks like Facebook, Instagram, Twitter, and Telegram have been affecting the lives of many globally. In addition, a social network can influence politics, sports, finance, marketing, and many more.  Crypto is one of the industries receiving the impact of social media influence. Since the launch of the first asset in 2009, social media has been driving the popularity of crypto. As a result, assets like Bitcoin, Cardano, Ethereum, and Dogecoin have…

Twitter’s Jack Dorsey: Internet Companies too powerful, Praises Bitcoin

On Wednesday, Twitter CEO Jack Dorsey said that prohibiting US President Donald Trump was the best resolution for Twitter. Still, he disclosed that few private companies shouldn't dominate the internet. Dorsey said that the concept was disputed last week when several foundational internet tool providers opted not to host what they thought was treacherous. He said that he trusts the companies came to their conclusions or were encouraged by others' actions. He added that the inconsistent policies and lack of…

Gab.com: The Social Platform Offering Free Speech to Crypto Enthusiasts

Social media has become embedded in many people’s lives that it’s hard to imagine life without it. Platforms like Jack Dorsey’s Twitter have emerged to offer users an online network to share their opinions and views on the internet.  Unfortunately, many centralized social platforms are ramping up efforts to censor dissenting views from users. This growing fact-checking escapade has made many social media users distrustful of platforms that stifle free speech. For instance, thousands of Thai Twitter users ditched the…

7 Industries that Will Change Forever After Adopting Cryptocurrency

Cryptocurrency has evolved from a geeky fad to a stable market ready to rival traditional banking systems' self-entitled positions. Its promises of instant asset transfers, low or non-existent transaction fees, and decentralized networks are irresistible to many sectors out there. In today's unstable environment, several industries are already adopting cryptocurrency, and others strongly consider it. Considering the obvious advantages that crypto integration brings, we look into how some of these sectors may change forever once they make that decisive step…