Exetal
  • Home
  • Tech
    The Ultimate Guide to Trendzguruji. me Cyber

    The Ultimate Guide to Trendzguruji. me Cyber

    Pixel 3XL Overwatch Image: A Gamer’s Delight

    Pixel 3XL Overwatch Image: A Gamer’s Delight

    Wetweak.co: The Ultimate Free App Treasure Trove

    Wetweak.co: The Ultimate Free App Treasure Trove

    Exploring Career Opportunities in the Google Cloud Universe

    Exploring Career Opportunities in the Google Cloud Universe

    Diving into the Fun-filled World of AR and VR Development!

    Diving into the Fun-filled World of AR and VR Development!

    Boiler Steelvirgamet.com: Pioneering Sustainable Boiler Manufacturing

    Boiler Steelvirgamet.com: Pioneering Sustainable Boiler Manufacturing

    Trending Tags

    • Lifestyle
      • All
      • Fashion
      • Food
      • Health
      • Travel

      What Does the Ideal Work/Life Balance Look Like to You?

      Frankie’s Just Tarot: A Genuine Dive into the Cards

      Frankie’s Just Tarot: A Genuine Dive into the Cards

      Your Guide to Buying an SUV in Nowra

      Your Guide to Buying an SUV in Nowra

      A Guide for a Heart-Warming Holiday Season: The Gift of Giving Back

      Discovering Vegetarian Delights: A Culinary Journey

      Discovering Vegetarian Delights: A Culinary Journey

      A Deep Dive into Mehandi Design: Tradition, Art, and Health Benefits

      A Deep Dive into Mehandi Design: Tradition, Art, and Health Benefits

      Finding the Best Makeup Artist Near Me: A Quick Guide

      Finding the Best Makeup Artist Near Me: A Quick Guide

      Trending Tags

      • Entertainment
        • All
        • Gaming
        • Music
        • Sports
        The Day Emma Clashed with Principal Figgins: A Turning Point in Education Leadership

        The Day Emma Clashed with Principal Figgins: A Turning Point in Education Leadership

        Movies Wood.WTF: The Ultimate Movie Hub

        Movies Wood.WTF: The Ultimate Movie Hub

        Exploring Bhojpuri BF: A Cinematic Journey

        Exploring Bhojpuri BF: A Cinematic Journey

        The Wonderful World of MP4Movies: A Deep Dive

        The Wonderful World of MP4Movies: A Deep Dive

        Master the Game with Try Hard Guides

        Master the Game with Try Hard Guides

        Guide to PROLINES20: What You Need to Know

        Guide to PROLINES20: What You Need to Know

        All You Need to Know About Robux.us

        All You Need to Know About Robux.us

        Trending Tags

        • Contact Us
        Monday, October 2, 2023
        No Result
        View All Result
        • Home
        • Tech
          The Ultimate Guide to Trendzguruji. me Cyber

          The Ultimate Guide to Trendzguruji. me Cyber

          Pixel 3XL Overwatch Image: A Gamer’s Delight

          Pixel 3XL Overwatch Image: A Gamer’s Delight

          Wetweak.co: The Ultimate Free App Treasure Trove

          Wetweak.co: The Ultimate Free App Treasure Trove

          Exploring Career Opportunities in the Google Cloud Universe

          Exploring Career Opportunities in the Google Cloud Universe

          Diving into the Fun-filled World of AR and VR Development!

          Diving into the Fun-filled World of AR and VR Development!

          Boiler Steelvirgamet.com: Pioneering Sustainable Boiler Manufacturing

          Boiler Steelvirgamet.com: Pioneering Sustainable Boiler Manufacturing

          Trending Tags

          • Lifestyle
            • All
            • Fashion
            • Food
            • Health
            • Travel

            What Does the Ideal Work/Life Balance Look Like to You?

            Frankie’s Just Tarot: A Genuine Dive into the Cards

            Frankie’s Just Tarot: A Genuine Dive into the Cards

            Your Guide to Buying an SUV in Nowra

            Your Guide to Buying an SUV in Nowra

            A Guide for a Heart-Warming Holiday Season: The Gift of Giving Back

            Discovering Vegetarian Delights: A Culinary Journey

            Discovering Vegetarian Delights: A Culinary Journey

            A Deep Dive into Mehandi Design: Tradition, Art, and Health Benefits

            A Deep Dive into Mehandi Design: Tradition, Art, and Health Benefits

            Finding the Best Makeup Artist Near Me: A Quick Guide

            Finding the Best Makeup Artist Near Me: A Quick Guide

            Trending Tags

            • Entertainment
              • All
              • Gaming
              • Music
              • Sports
              The Day Emma Clashed with Principal Figgins: A Turning Point in Education Leadership

              The Day Emma Clashed with Principal Figgins: A Turning Point in Education Leadership

              Movies Wood.WTF: The Ultimate Movie Hub

              Movies Wood.WTF: The Ultimate Movie Hub

              Exploring Bhojpuri BF: A Cinematic Journey

              Exploring Bhojpuri BF: A Cinematic Journey

              The Wonderful World of MP4Movies: A Deep Dive

              The Wonderful World of MP4Movies: A Deep Dive

              Master the Game with Try Hard Guides

              Master the Game with Try Hard Guides

              Guide to PROLINES20: What You Need to Know

              Guide to PROLINES20: What You Need to Know

              All You Need to Know About Robux.us

              All You Need to Know About Robux.us

              Trending Tags

              • Contact Us
              No Result
              View All Result
              Exetal
              No Result
              View All Result
              Home Tech

              The emergence of blockchain technology and its potential for disrupting traditional systems has paved the way for numerous decentralized platforms. One such platform that has gained significant attention in recent times is BitClout. This blockchain-based social network allows users to buy, sell, and trade creator coins. In April 2021, a controversial article titled “Inside the Pricey, Totally Legal World of Buying and Selling Social Media Influencers” by April Ester, published in The New Yorker, brought the platform to the limelight. This article will provide an in-depth analysis of BitClout and the implications of Ester’s article.

              exetal by exetal
              February 22, 2023
              in Tech
              0
              The emergence of blockchain technology and its potential for disrupting traditional systems has paved the way for numerous decentralized platforms. One such platform that has gained significant attention in recent times is BitClout. This blockchain-based social network allows users to buy, sell, and trade creator coins. In April 2021, a controversial article titled “Inside the Pricey, Totally Legal World of Buying and Selling Social Media Influencers” by April Ester, published in The New Yorker, brought the platform to the limelight. This article will provide an in-depth analysis of BitClout and the implications of Ester’s article.
              0
              SHARES
              6
              VIEWS
              Share on FacebookShare on Twitter

              What is BitClout? BitClout is a decentralized social network built on a custom blockchain that enables users to buy, sell and trade the coins of creators on the platform. The platform aims to give creators more control over their social media profiles and provide them with a new revenue stream. Creators can mint their coins and sell them to their fans, who can then use them to buy exclusive access, merchandise, and other perks.

              The platform has been dubbed “crypto Twitter” due to its resemblance to the popular social media platform. However, BitClout takes the idea of social media to a whole new level, as users can invest in creators and receive a return on their investment based on the creator’s popularity. This has led to some creators being valued at millions of dollars, with their coins being traded at high premiums.

              What did April Ester’s article highlight? April Ester’s article, published in The New Yorker in April 2021, shed light on the controversial nature of BitClout and its potential for facilitating scams and fraud. The report highlighted how some creators were unaware that their profiles had been added to the platform and that their coins were being traded without their consent. The article also highlighted how the anonymity of the venue made it difficult to hold scammers and fraudsters accountable for their actions.

              Ester’s article also highlighted the need for more transparency on the platform, with no information on who was behind it or how it worked. The platform’s founders remained anonymous. There needed to be more information on how the platform generated revenue or how the value of creator coins was determined. This lack of transparency made it difficult for users to trust the platform. Some experts have raised concerns about the potential for the platform to be used for money laundering or other illicit activities.

              Implications of Ester’s article brought the controversial nature of BitClout to the forefront, sparking a debate about the platform’s legitimacy and potential risks. The report increased scrutiny of the forum and its anonymous founders, with some experts calling for greater regulation of blockchain-based social networks.

              The article also highlighted the potential for blockchain-based social networks to disrupt traditional social media platforms, providing creators greater control and revenue opportunities. However, it also highlighted the potential risks and challenges associated with decentralized platforms, including anonymity, lack of transparency, and potential for scams and fraud.

              Conclusion BitClout is a fascinating example of the potential for blockchain technology to disrupt traditional systems and provide creators with new revenue streams. However, the platform’s controversy and the lack of transparency and accountability highlight the potential risks of decentralized platforms. It remains to be seen how BitClout will evolve and whether it will become a legitimate and trusted platform in the long run.

              Tags: Tech
              Previous Post

              Title: The Rise of nCino, Snowflake, and Levy Acquisition: A Venture Capitalist’s Dream

              Next Post

              Unraveling the Enigma: The Remarkable Journey of Bo Cruz

              Next Post
              Unraveling the Enigma: The Remarkable Journey of Bo Cruz

              Unraveling the Enigma: The Remarkable Journey of Bo Cruz

              Leave a Reply Cancel reply

              Your email address will not be published. Required fields are marked *

              A Deep Dive into Mehandi Design: Tradition, Art, and Health Benefits

              A Deep Dive into Mehandi Design: Tradition, Art, and Health Benefits

              September 24, 2023
              The Most Reliable Airport Taxi Service in Maidenhead

              The Most Reliable Airport Taxi Service in Maidenhead

              October 7, 2022
              Biocentrism Debunked: A Comprehensive Review

              Biocentrism Debunked: A Comprehensive Review

              September 2, 2023
              Jojoy Minecraft: A Glimpse Into Minecraft APKs

              Jojoy Minecraft: A Glimpse Into Minecraft APKs

              September 5, 2023
              Your Guide to Growing a Moustache: Unveiling a Facial Awareness Lifestyle

              Your Guide to Growing a Moustache: Unveiling a Facial Awareness Lifestyle

              August 7, 2023
              India vs West Indies: A Classic Duel in Florida

              India vs West Indies: A Classic Duel in Florida

              August 14, 2023
              Betty Broderick

              The True Story of Betty Broderick

              October 6, 2022

              Discovering “Parque Cerca de Mi”: Your Nearby Oasis

              September 3, 2023

              The method for battling erectile brokenness is with cenforce 100

              October 7, 2022

              Unearthing the Magic of Ceramic Analog Suppliers

              September 2, 2023

              Nupur Sharma: Unveiling the Versatile Personality

              September 23, 2023

              How do I find a good immigration consultant?

              October 3, 2022

              Navigating the Landscape of Personal Injury: A Close Look at Eisenberg Law Group PC – Ventura

              September 6, 2023

              Top Best Free Blogging Tools And Resources

              October 6, 2022

              Title: The Rise of nCino, Snowflake, and Levy Acquisition: A Venture Capitalist’s Dream

              February 22, 2023

              Unlocking the Mysteries: How to Open Your TikTok Following Feed

              September 12, 2023
              Exetal

              Categories

              • Biography
              • Bussiness
              • Cricket
              • crypto
              • Education
              • Electronics
              • Entertainment
              • Fashion
              • Food
              • Gaming
              • Health
              • Home Improvement
              • india vs west indies
              • Legal
              • Lifestyle
              • Music
              • Nature
              • News
              • Obituary
              • Pets
              • Politics
              • Product
              • Sports
              • Tech
              • Travel
              • Uncategorized
              • World

              Recent News

              The Day Emma Clashed with Principal Figgins: A Turning Point in Education Leadership

              The Day Emma Clashed with Principal Figgins: A Turning Point in Education Leadership

              October 1, 2023

              What Does the Ideal Work/Life Balance Look Like to You?

              September 29, 2023

              © Copyright 2023, All Rights Reserved | Exetal | Owner of Exetal

              No Result
              View All Result
              • Home
              • Entertainment
                • Gaming
                • Movie
                • Music
                • Sports
              • Lifestyle
                • Fashion
                • Food
                • Travel
                • Health
              • News
                • Bussiness
                • Politics
                • Science
                • World
              • Tech
                • Apps
                • Gadget
                • Mobile

              © Copyright 2023, All Rights Reserved | Exetal | Owner of Exetal