X21 Digital & myMessage Partnership
The X21 Digital team is pleased to announce the addition of myMessage to our investment portfolio. In line with our track record in blockchain advisory and development, myMessage is a viable fit in our support of SocialFi progression.
A major pain point with social and messaging platforms is centralized control and censorship. Other issues include loss of data as a result of dormant usage, service costs, and administrative charges from the provider. The availability of viable security options to meet user demands is also a factor.
The innovation in Blockchain technology has ushered in solutions to address issues with messaging and social media platforms. These solutions include immutability, decentralization, and distributed record keeping. With a variety of options to choose from, myMessage stands out with their viable low cost features and array of messaging options.
MyMessage is a personalized on-chain messaging, light data storage, and privacy decentralized Reddit-like protocol. In short, it is censor free social platform on the blockchain.
It is the world’s first-ever light-grade decentralized messaging and data storage platform built on a multi-chain structure with AES256 encryption support. Supported networks include Zilliqa, Avalanche, Polygon, and Binance Smart Chain. It will provide privacy support of Reddit like messaging and thread reply board across multiple blockchains.
With myMessage, users will be able to upload, store, send, encrypt, read, and search data file as well as any desired information. Data stored on myMessage will be immutable, undeletable, and retrievable, with low-cost, user-friendly experience and powerful functionalities.
The decentralized structure of Blockchain technology ensures your content and data is stored with 1000s of miners. This ensures your information is always accessible anytime.
Also with the myMessage Reddit like protocol, users can chat and have discussions without the risk of censorship due to its decentralized nature. There will be an optional privacy thread discussion with secret key access for select members to view and reply messages.
Recently, myMessage was awarded a grant by Polygon to build their Reddit-like protocol on their platform. This will be a welcome development for a decentralized social media protocol that will address the current censorship problems, thus promoting the essence of SocialFi.
myMessage is a light-grade decentralized Reddit-like social media & data storage platform built on a multi-chain structure. It offers support for evolving applications including a decentralized thread-reply bulletin board, messaging dApp, developer tools & SDKs, and data portal to provide encrypted data feedings to Web3 applications with quantum-resistant level of security.
About X21 Digital
X21 Digital is one of the leading blockchain advisory and investment firms specializing in developing innovative tech startups. The team has successfully invested in several prominent crypto startups.