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Social Media On The Blockchain: 7 Startups To Watch In 2019

  • 11 February 2019
  • Sam Mire

Technology is already everywhere we look, and it’s only on the rise. As we further depend on it to text, tweet, and express ourselves, how will it evolve to meet our changing needs?

Some might call the social network the downfall of western civilization. It’s still solid hyperbole, but there’s no denying that Instagram, Facebook, Twitter, and the like have fundamentally changed society. It used to be a stretch to keep in touch with your fourth grade soulmate. Now you only need to plug that person’s name in Facebook to see what they doing lately and how they voted in the last election.

A number of startups want social media’s evolution to be harnessed for good, and they’re looking to blockchain technology to make it happen. Whether it better protects user data, fosters deeper collaboration, grants users more rights within their digital social circles, or simply provides a decentralized alternative to the brand-name players, it’s clear that the blockchain has officially gone social.

Here are the companies making it happen.


HARDAHHARDAH One

HARDAH is the Swiss startup behind HARDAH One, a blockchain-enabled social network. Dubbed the ‘Swiss Army Knife of Social Networks’, HARDAH One is built on HARDAH’s own Optima blockchain. A cross between the search engine capabilities of Google and traditional social media platforms like Instagram, HARDAH One allows the secure sharing of pictures, videos, and other content while engaging with a whole new interface experience.

Date Founded: May 2015

Funding Type: Venture-backed


ONOONO Social

ONO Social is a blockchain-linked social ecosystem that places a premium on the value of capturing others’ attention. The ONO platform has a wide range of intended uses – study collaboration, casual chatting, sharing videos, photos, etc. ONO Social was designed with user privacy in mind, and allows them to retain control over their information and data, while also allowing them to profit with ONOT coins if they do decide to share their information with interested parties.

Date Founded: November 18, 2017

Funding Type: ICO


PlazusPlazus Technologies, Inc.

Plazus holds the vision of allowing the social internet populace to ‘monetize (their) attention using the power of blockchain technology’. Using their decentralized communication protocol as the basis for social interaction, the Plazus platform and those built upon its protocol reward members for spreading the word about Plazus, rewarding them with Plazus token when they promote the platform on other social networks. The sticking point: users still retain control over their own data.

Date Founded: October 2017

Funding Type: Private


MBYSMBYS

MBYS can be considered the blockchain’s answer to Linkedin-like professional networks. Considering that employers paid over $2 billion for data from online professional networks in 2017, MBYS is built on the mission of giving control of data back to the user. Users on the MBYS platform are granted greater freedom to set custom privacy settings, control who sees their data, and be rewarded when they do choose to share their information with third parties.

Date Founded: January 1, 2016

Funding Type: ICO


TTC ProtocolTTC Protocol

TTC Protocol is a decentralized social protocol that aims to provide value to all participants, whether they are users, developers, third-party advertisers, or otherwise. Their TTC token will be leveraged to incentivize user participation by generating and sharing original content, as well as interacting with other users’ content. This is aimed to create a more vibrant social community which, should users choose to share their data, will be of great value to developers and advertisers.

ICO: April 18, 2018

Funding Type: ICO


Sola FoundationSola

Sola is predicated on the idea that users should have the best, most viral content brought to them – in other words, they don’t believe in the social concept of ‘following’. Under the Sola vision, ‘users post news, stories, and entertainment cards, Sola takes care of the rest.’ Their core principles of fairness, open communication, neutrality, and cryptoeconomics are all supported in some way by the blockchain technology that makes Sola possible.

ICO: November 27, 2017

Funding Type: ICO


investFeedinvestFeed

investFeed doesn’t pretend to be some catch-all social network – it knows it’s niche: investing. It is a social environment for discovering the latest blockchain companies making waves in the tech space, and for sharing those discoveries with a social network eager to make similar encounters with innovation. investFeed also offers features such as trade tracking, which is enabled by the ability to link your brokerage account with your investFeed profile.

Date Founded: June 1, 2014

Funding Type: ICO

About Sam Mire

Sam is a Market Research Analyst at Disruptor Daily. He's a trained journalist with experience in the field of disruptive technology. He’s versed in the impact that blockchain technology is having on industries of today, from healthcare to cannabis. He’s written extensively on the individuals and companies shaping the future of tech, working directly with many of them to advance their vision. Sam is known for writing work that brings value to industry professionals and the generally curious – as well as an occasional smile to the face.

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