Facebook is not a half-trillion-dollar company because of its users, but rather because of the data from its users. In this age and era, social networks influence the course of real events by shaping the information that the world consumes. These platforms, however, are not governed by the users who post the content that creates the value; they are controlled by the intermediaries who run them.
A person’s data is their won sovereign property, a crucial natural resource, and yet behemoths in the technology industry such as Facebook and Google would be reduced to nothing without their databases. There is an urgent need for a decentralized, publicly governed, and user-controlled blockchain database that will give every person out there ownership and control of their data.
REVOLUTION POPULI SOLUTION.
The team proposes decoupling these colonizers of the internet from data that doesn’t belong to them and therefore, revenue generated by data from the user goes to the user themselves. This new social net avails an environment where a new cyber token(cryptocurrency) is the medium of exchange. Members of this network can use their funds to access services within this ecosystem for absolutely no fee. These are services such as music or movie streaming, food orders, car rides, among others.
The members also have the option to keep their earnings as income. The new social net will earn money as a cryptocurrency exchange, not by selling data that belongs to the users. They cant sell the data even if they wanted to since the database would not belong to a single party, but the people.
A “personal genius” blockchain lets the users choose what data content they want to share or sell to advertisers, where the advertisers pay the user directly. What I mean is, when someone looks at your life and clicks and ad, you get paid and the vice-versa. The user makes more money by posting and sharing more data with the advertisers.
The projects operational model is a virtuous circle that will exist because of the elegant structure of a decentralized blockchain ledger whose value gets to rise as the protocols and rules get increasingly correct and fair.
Contributors on the blockchain and determinants and enforcers of the rules will be chosen decentrally by the community of users and token holders.
Their earnings for a job well done will be in the form of tokens, and they could also get fired in case they don’t do a good job. These elected blockchain and data stewards will always have a reason to offer top-notch services to the community of users. Their pay is tied to the ledger whose value depends on user satisfaction, engagement, and system integrity.
CONCLUSION.
Revolution Populi is describing a future, and a near one at that, where advertisers who once paid facebook or Instagram now pay you..amazing right? You don’t even need to alter your lifestyle in any way, you sit down and switch social nets, from a net that sells your property and keeps the money to a new net where you get the money that is rightfully yours.
You don’t have to enrich a central authority anymore.
🔗 Website https://revolutionpopuli.com
🔗 Telegram Group https://t.me/RevolutionPopuli
🔗 WhitePaper https://revolutionpopuli.com/wp-content/uploads/2019/07/Revolution-Populi-1.pdf
🔗 Twitter https://twitter.com/Rev_Populi
🔗 YouTube https://www.youtube.com/channel/UCkD1BlwegJlXrCUTQ45dbSA?
🔗 Medium https://medium.com/@david.gelernter/manifesto-6b94d4b34210
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★ Author: jamesndungu1
★ BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1856049
★ All Images credited to REVOLUTION POPULI OFFICIAL WEBSITE
