Accendis; A SocialFi That Empowers Digital Creators

Social media has changed the way we live and interact. It has become the number one source of information, entertainment and human interaction. This is evident in the fact that the first place people look to find out current trends, events, and breaking news, and keep up with their friends is social media.

Social media has grown so important and popular that in Q1 of 2022 alone, Facebook (Meta), the largest social media company, had over 2.9 billion monthly active users. Another popular social media platform, TikTok, was recorded to have crossed over 1 billion monthly active users as of 2021.

The large concentration of users on these platforms makes them an ideal target for brands and organizations looking to advertise themselves and their products, and they end up paying very handsomely to do so.

However, despite the fact that the social media sector has become a billion-dollar sector in terms of revenue generated from advertisements, they are only largely beneficial to one party; the organizations that own them. They are neither financially beneficial to the users nor creators who are the major reasons why these platforms strive.

This is the major reason why Accendis is creating a platform that equitably rewards users and creators for their contributions to its platform.

The Problems: What’s Wrong with Social Media Today?

It is no news that the advertising industry of today’s social media is built on the foundations of user data. For example, when you have a conversation with someone online about getting a particular item and the next minute you start getting tons of advertisements about that same product.

In essence, these large social media companies trade your data on their platforms thereby generating billions of dollars in revenue from it with little or no regard for you, its users, whose data is actually the product getting sold. This points to the fact that “User Data” is the engine upon which social media platforms thrive.

Below, we have highlighted the three major issues existing in today’s social media landscape:

Earnings — Inadequate/Unjust Compensation for Users

On traditional social media, users have poured their time and effort into creating content, connecting with others, and engaging in countless interactions. However, the platforms keep all the rewards, while users receive nothing in return.

Privacy Issues — Personal Data at Risk

Oversharing and data breaches have become all too common on traditional social networks. Many of these large social media platforms collect and use personal data without the users’ consent, leading to potential breaches and mishandling of sensitive information. Additionally, users have little control over their data and how it is being used.

Power Centralization

Centralized platforms are run by a select few people or businesses that have the authority to decide how information is shared and how the community as a whole will be affected. This concentration of authority has so far resulted in bias, censorship, and a lack of transparency on these social media platforms.

Introducing Accendis

Accendis is a decentralized social network that rewards users for their online interactions while granting them absolute control over their data and how it is being used.

How Does Accendis Solve These Problems?

Accendis is like no other social network you’ve seen. It combines social connections with cutting-edge technology to create a better online world.

Let’s explore how it solves the previously highlighted problems:

Earnings — Recognizing Your Value

Accendis rewards you for your online contributions. The innovative earnings program ensures that your social activity (likes, comments, shares, etc), which currently only serves as vanity metrics, is recognized and rewarded equitably. Accendis creates the opportunity for you to earn while you connect, providing a new level of revenue for your digital presence.

Privacy — Your Data, Your Decision

Accendis understands the importance of data privacy. This is why on Accendis, you have the freedom to control your data. You can choose what to share and what to keep private, safeguarding your digital life from unwarranted intrusions. Accendis respects your choices, ensuring your data remains personal and secure.

Decentralization — Your Voice Matters

Accendis addresses the issue of centralization of power/control by utilizing a decentralized autonomous organization (DAO) model alongside integrating with the Fediverse. This means that the platform is run by the community, and users have a say in the direction and development of the platform.

Join the Revolution

Accendis invites you to enter our waitlist (www.accendis.io) and join this revolution, where your digital presence is valued, your data is safeguarded, and your voice is empowered. It is a chance to take control of your online presence and be part of a community where every interaction has real value.

Accendis is more than a social network; it’s a promise to make your online world better, safer, and more rewarding. In our world, every digital interaction is an opportunity, and every data point is a treasure. It’s time to be part of something extraordinary.

Welcome to Accendis… The future of social media begins now!

Learn everything you need to know about Accendis here 👉🏽 https://linktr.ee/accendis