One great source for me to stay updated with the progress of the TTC Protocol project is the Twitter handle here https://twitter.com/ttceco and the fact I am subscribed to the mailing list as well here https://www.ttc.eco/ttcprotocol/regisration/ puts me at the top of the ladder of information.
In the TTC Protocol Newsletter dialog box click on the preferred language of choice and enter your email then click the submit button, you will get an email notification of your subscription which keeps you informed when there is news. As an avid user of various social media myself this project is relatable to my experience I could understand in clarity what she aim at, going through the several updates including the whitepaper I could clearly understand the need for a decentralized approach to social network and engagements. Apparently global revenue generated from social networks and media is eye opening as well as alarming in terms of revenue generation check out the image of 2013-2019 social media global revenue statistic from www.statista.com below
By the end of 2019 social media revenue generation should stand at 39 billion Euros with no plans for its content creators and users who spend their resources and make social media engagement possible besides I am speaking of mainstream social media like Facebook, Twitter, Instagram, Snapchat and the likes. This are centralized social network with centralized servers doing their very best to creating the environment for social interactions but aren’t exactly making the users feel appreciated or secured. The bulk of the flaws of centralized systems are that of security, harmful exposure of user data and lack of control, the better alternative is to go the way of decentralization. If you are not in the know already decentralization is the process by which the activities of an organization in this case social network are distributed or delegated away from a central, authoritative location or group. The technology behind the TTC protocol engine is the Blockchain which made the concept of decentralization popular and commonplace as well owing to its disruptive built and adventurous aims. “The decentralized nature of Blockchain technology means that it doesn’t rely on a central point of control. A lack of a single authority makes the system fairer and considerably more secure” –Lisk.io
User information on the Blockchain is way more protected than in an centralized system. There have been great shift in recent times from centralization to decentralization owing to the many advantages the later possess against the former. But in a decentralized platform like the TATAUfo the advantages of decentralization are enormous.
Centralization vs Decentralization
Here the revenue generated by the company goes back to the users with high post and engagement qualities unlike well known Blockchain social platform steemit.com there is absolute no chance of a small group of people having a huge chunk of the gains. The TTC protocol platform aim at being a complete community based social platform recently equip their arsenal with quality partnership and acquisition for total provision of all streams of social media/network from video, image to community chat app. For project as this with clear direction, aim goals and objective I am in no doubt of the progress that lies ahead, the recent addition of TTC on both Etherscan.io (https://etherscan.io/token/0x9389434852b94bbad4c8afed5b7bdbc5ff0c2275) and CMC (https://coinmarketcap.com/currencies/ttc-protocol/#markets) positioned the project in the top views of my look out project in the year 2019.
Coinmarketcap view of TTC
Currently at $0.0467 per token with a 1.99% gain over the last hour at the time of this post shows a good entry point for the project owing to the general low ball of the entire cryptocurrency industry which should see a rise when the dust settle maybe in the later part of the year that I can’t say as I am no regulator or financial advisor just mere speculating.
TTC Protocol are not just focusing on the social media aspect but branched out to the development side with giteco that takes git and wraps an incentive model around it rewarding developers and contributors alike. Regarded as one of the largest social networking ecosystems on the Blockchain with over 23m users. TTC Protocol provides a simple-to-integrate and fully-customizable Blockchain-based SDK for existing communities, which acknowledges users’ contribution to the community and rewards them. TTC Protocol will be attending local Blockchain Innovation Summit in Seoul, South Korea! This will afford the team to get exposed to various industry experts, new markets and various Blockchain themed opportunities which is great for project image and progress.
Telegram (English): t.me/ttc_en
Telegram (Korean): t.me/ttc_kr
Email: official@ttc.eco
Homepage : http://www.ttc.eco/
Facebook : http://www.facebook.com/ttceco
Twitter : http://www.twitter.com/ttceco
PS: TATAUfo app is currently on Google Playstore and they have recently created an English version for your chatting and community engagement pleasure with a view on entering the global market.