Content is the engine that drives the Internet. From selfies to music, to video, content powers all social media networks including Facebook, Twitter, Instagram, Google +, helping mobile phone companies, media companies & social media networks to earn ridiculous amounts of money at your expense.
In “Social Networking: The Greatest Con In The History Of The Human Race Or Greatest Opportunity”, Volume I, Matrix Thompson and Sarika Khambaita wrote that “billions of internet users (content producers) have been convinced by huge Internet conglomerates like Facebook, Twitter, Yahoo, to freely produce content, share on their social media accounts and give up their rights to earn income from the use of said content and the building out of massive user databases.”
In other words, they have been conned into working for free. But what if there was a different, a better way for Facebook, Twitter, Yahoo and other Internet companies to operate by embracing the “revenue” sharing and “collaboration model” that powers Google and a new breed of “Social Rewards-based” technology companies and online communities?
What if Facebook embraced the STEEM blockchain or social rewards technology ? With STEEM disbursing $22 million in rewards to Internet users since June 2016, just imagine the wealth that Facebook could share.
