The next Google, YouTube, Spotify, & Instagram in Web3 is here!
Everything is building quickly and rapidly in Web3. And here I will share with you the next big things in Web3 that will revolutionize our life!
Everything is building quickly and rapidly in Web3. And here I will share with you the next big things in Web3 that will revolutionize our life!
Many dApps (decentralized applications) seek to replace centralized ones with the arrival of decentralization. This next generation of dApps includes all of the current applications’ features as well as some new and exciting ones too!
With multiple actual real-world uses for blockchain technology, particularly Ethereum, it is clear that the Web3 period is not theoretical. The following are some web3 alternatives to present common-use apps.
(They are the next Google, YouTube, Spotify, and Instagram, but better!)
The Next Google:
Do you recall googling for something on your smartphone, then seeing an ad featuring the same thing when going through YouTube on your laptop?
Anything you do on centralized browsers, such as accessing a website, entering credentials, or buying a product, can be recorded and shared with third-party companies for marketing purposes.
This is where Google makes the majority of its money!
Obviously, this advertising strategy degrades the overall user experience. As a result, there is another browser addressing all of these concerns!
Brave is a secure internet browser that allows users to visit websites without leaving a digital footprint. It has several distinguishing qualities, including:
- There are no advertisements on Brave.
- Reward on advertisements (BAT): You can select to have adverts on the browser and be awarded in the crypto BAT (Basic Attention Token) created by Brave for watching ads.
- No digital footprint: Unlike other internet browsers, Brave does not monitor your data.
- Saving time and data: On the brave home page, you can see the amount of data and time you saved which wouldn’t be possible otherwise.
Brave is fast expanding, and people are increasingly embracing the company’s promises.
The Next YouTube:
There are several issues with centralized web2 video streaming services. Consider YouTube, for example:
- Copyright Problems
- Scam and bot comments
- Censorship of specific subjects
- Uncertainty and poor pay for creators
In India in 2020, YouTube offered only $100 — $400 for 1 million views.
Why does YouTube take up a large portion of the revenue while the entire company runs because of the video that creators create?
But what if there was something that was creator-focused rather than money-focused?
The answer is Odysee!
Odysee, unlike other tech giants, was developed by the exact same team that built LBRY, a blockchain system. Odysee functions in a fundamentally different way from YouTube, which keeps video uploads on centralized servers.
It uploads the material to the network, and devices in that network distribute the data and maintain it online, with the LBRY blockchain containing simply the location of the files.
Because the material sharing is peer-to-peer (direct) rather than through an intermediary like YouTube, the creator retains ownership and receives payment without any intermediaries taking part.
The Next Spotify/Apple Music/ YouTube Music:
This year, the music streaming business grossed more than $8 billion! And it is disheartening to see that just a small portion of those revenues are distributed to artists worldwide.
Usually, artists are paid by major labels, which means Spotify takes a part of the earnings and gives it to the label. Labels also take a portion before paying artists.
According to iGroove Music, the Spotify payment for one million listens in 2020 ranged from $850 in Argentina to $5,479 in Norway.
An artist requires 220K to 1.4 Million streams to get close to the US minimum wage ($1200).
But we all know Web3 won’t settle for it! That is why Audius is the next big thing in the music streaming industry!
Any music artist can upload and monetize material on Audius.
There are no requirements, such as being registered to a label or having a large fan base. Audius also awards Audio tokens to artists for milestones such as being in the top five weekly popular tracks and playlists.
Including over six million monthly users, the site has added over 100,000 artists. Audius provides the greatest quality sound throughout free music services, enabling 320kbps streaming and downloads.
Currently, just 12% of music business income goes to creators, but Audius hopes to increase that figure to 90%. This is feasible since there are no intermediaries and artists own their songs.
The Next Instagram:
Instagram has approximately one billion monthly active users and is among the world’s fastest-growing social networking platforms.
But the harsh truth is, that it gathers information like your location, interests, and time spent on different app parts. It compares your data across Meta’s platforms such as Facebook, Messenger, and WhatsApp before serving customized adverts.
Showtime is Web3’s solution to all of this!
Showtime is an NFT social network that allows you to find and view digital art. It’s like a decentralized Instagram for NFTs. You may create a profile and follow individuals. You may see your NFTs on any platform, including SuperRare OpenSea, Foundation, and Nifty Gateway.
This is only applicable to NFTs, although there is a strong probability that current social media may become decentralized.
There are several applications, such as Aether, Mastodon, Minds, Diaspora, and MeWe, that give a better and decentralized social media for the globe in which we control our data and are not subject to the manipulated content adverts that the present social media serves.
The content provided in this article is not sponsored and is correct upto the best of my knowledge. This article is not financial advice and we are not responsible for any action taken in response to this article!
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Info Source: Flint
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