Many projects are trying to develop social media network on blockchain, but none of them concentrates on challenges. We would like to bring attention to the other possible competitors in challenges space, and explain how we differ from others.
Traditional social media is rapidly descending into a dark age as users become more and more disillusioned with content manipulation, unauthorized data sales, and platform security. Perhaps the epitome of this downward spiral is Facebook, which may be too many privacy breaches deep to recover. As people abandon these sites in droves a debate rages over whether or not social media itself is dying. Everything happens because of new technology — blockchain.
To this day, in year 2018, we still do not have a dedicated multimedia platform for social challenges, not to talk about modern monetization solution for rising and distributing the funds.
In our initial stages, we started to scout out for any direct competition for us to challenge, but the ones we found, we can not even take as a competition, although some of them already have some traction and semi-working products deployed, some are working with charities, which is good news and it’s the focus of our initiative — to furnish the happiness in the world through the challenge game model.
We did some analysis on current solutions, so it would be easier to compare ourselves to what’s up there at the moment:
As You can see from the chart we don’t have social media platform that is dedicated only for challenges. The main idea of this projects were to act like social media and only after this people can challenge themselves. Provoco is a social challenge network powered by blockchain. We concentrate only on challenges that’s why we have such broad functionality!
After conducting this research, we became even more determined to go ahead with our project of developing a truly attractive, transparent, and engaging challenge management application, as a social network, while implementing all the benets of the latest blockchain, AI deep learning and other exciting technologies!
Facebook continues to keep a close eye on emerging teen apps to better understand what resonates with the demographic, according to Thomas Husson, vice president at research firm Forrester.
We have done our research and we can say that teens are really interested in challenges as they usually goes viral and fun to do. After deep market research we saw that there is no such platform dedicated truly for challenges. We have developed our idea with uniques features that would be useful for ecosystem users.
Potential
There is a huge potential for getting people to join new types and generation of social networks, with more fair, transparent business model. It’s not a secret that a lot of people looking for financial incentives or other benefits to start doing challenges. That’s why we developed fair and transparent reward system and other unique features and solutions!
PROVOCO is a new, challenge — oriented multimedia social network project, with cryptocurrency — based financial rewards ecosystem, instant P2P value transfer option, Smart Contract features. It is not just one more place to interact or communicate. It is an organic viral content generator, where people can create and take the challenges, with an actual value attached to the content. Driven by an ecosystem, with fair reward mechanism. A portal where new, inspiring videos created every day.
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It’s time to challenge ourselves and others around us!
