Howdoo - Decentralized Social Media And Messaging Platform
Well you heard right, Howdoo is a decentralized messaging and social media platform. Howdoo is a blockchain powered social media platform where you can stay connected with your family, friends, colleagues and with like minded individuals. Social media networks are based on shared interest, collective participation and spirit of integrity. In Howdoo platform you have the ability to choose whether your personal data to be share or not to share with advertisers. Today you can see that all the social media services share your personal data like your interest, likings etc with advertisers and you will see the ads based on your shared data. Howdoo platform doesn't monetize your personal data for the benefit of advertisers. In howdoo content creators get their reward for their efforts. Advertisers directly reach their target audience. Howdoo also gives the choice whether to receive advertising or not. In howdoo people also get rewarded by sharing their personal preferences, communal interests for receiving ads.
Howdoo's Mission
Howdoo wants social media networks to become decentralized. No Central authority can control it. By the use of blockchain network howdoo allow users to earn a share of advertising revenue generated by their continuation to the network. Here people can interact with their friends, family members and with followers via messaging, file sharing services. People can send and receive payments which makes a meaningful engagement. In howdoo people have the ability whether to share or not to share their personal data with advertisers. Howdoo wants to remove any barriers for users who want to start a small business by helping them to build their interest with community users to trade, provide service and earn money. With howdoo platform users will increase their earning potential.
Howdoo's solution to current challenges :
No control over personal data : Today's social media services are exploiting users personal data like our interest, preferences with advertisers. Users have no settings to regulate their personal data.
Solution - In howdoo users have authority to control their data. They can regulate whether to share or not to share their data with anyone.No fair compensation for content creators :
Content creators play important role in any social media service. Their output will drive a huge traffic to the social media platform. Often creators content get demonetized without any prior notice and even there is no option to appeal.
Solution - Howdoo will provide a greater return to content creators for their creation across social media and messaging platform. Creators can earn from 60% to 75%.Uncontrolled advertising : Advertising is the major revenue source. Current social media services provide no option for users to regulate the amount of advertising they are receiving.
Solution - With howdoo users can control advertising they receive. Users also receive payments in μDoo tokens if they agree to receive advertising.Anti-social behavior and moderation :
Today Cyber bullying is a major problem in young people's. In social network people face offensive comments. Very few penalties or barriers are there to penalise this. It is very difficult to regulate.
Solution : In howdoo's decentralized network users have content moderation in their hands only. Users will be deemed as positive or negative based on the judgement of other participants. By this way there is no need of central moderation authority. People can penalise anti social behavior.International payment : In traditional payment system payments will be settled very easily in case of domestic bank system. But it is very time consuming and expensive process in case of international fund transfer. Because lot of foreign exchange fees.
Solution - With howdoo people can transfer money to friends, family without any need of bank. With peer to peer financial network people also make donation to charities.
Howdoo uses μDoo token in it's platform. μDoo is an Ethereum blockchain based ERC20 token. Ethereum network allows mass adoption and smart contracts automatically exchange money in a transparent way.
Features of Howdoo ecosystem :
μDoo wallet :
The main purpose of μDoo wallet is that it will be used as an existing payment services like PayPal, Skrill, Webpay etc. People can transfer money from anywhere around the world with ease.
Howdoo ecosystem :
The main principle of howdoo ecosystem is that all it's participants have financial responsibility. Participants include users, sellers, content creators, advertisers and third party developers. All participants will connect and transact across decentralized network. More features will be added in future.
Distributed autonomous communities :
Any user of howdoo able to create private groups with friends and families. The privacy levels of these groups will be differ depending on the intention of creator. It also offer two features of managing community -
- Sole administrator - Use who initially set up the community will retain the administrative rights.
- Meritocratic - User who set up the community has no special role he has to play same role as all other members.
Proof of contribution :
The proof of contribution is a method of evaluating score which defines the users permission, his entitlement and access rights to community earning as a member. It is calculated by this formula -
Messaging :
The messaging experience of howdoo is same as that of existing centralized messaging app services. You can communicate privately through direct messaging. You can also make one or more conservations by channels. You can share texts, videos, pictures and files. It supports all types of emojis.
Democratic Moderation :
In howdoo platform there is no moderator, communities are the moderators. If they found any incorporated message they can flag it and then it can be down to the wider community to agree or disagree. Then it will be removed from the platform.
Advertising :
In howdoo users able to decide whether to see advertisements or not. If they accept to receive advertisement in return they will get payment. Howdoo will monetize users preferences, their interest, It will be applicable to individual and community level.
Team - The Howdoo team is well experienced in the social media services.
It's a great opportunity for us to join this great project, know more about Howdoo here :
http://www.howdoo.io/
Bitcointalk :
https://bitcointalk.org/index.php?topic=3294793.0
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Reddit : https://www.reddit.com/r/howdoo