• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
How NFTs are Redefining Global Digital Inclusion

How NFTs are Redefining Global Digital Inclusion

user avatar

by dapp_writer002

3 years ago


How NFTs are Redefining Global Digital Inclusion

There is no doubt that the internet has opened up the world to many possibilities, creating an avenue for further cross-cultural integration, shared economic prosperity, and a medium through which information can move faster and be delivered to the world in real time. The internet has also opened up the world for businesses to have global reach while serving as a point of international cultural transmission and unity.

The internet has opened up the world for businesses

Though the positives cannot be denied, we still must not overlook the enormous power that corporations have accrued from being the creator of platforms that people use to interact with one another all around the world. For example, it is estimated that Facebook has 2.9 billion monthly active users, while TikTok has 1 billion active users. Twitter also has an estimated 330 million active users. At the same time, Google has become the most popular search engine in the world accounting for 70% of all searches. This is without mention that both Google and YouTube are owned by the same parent company, Alphabet Inc.

This active centralisation of power has led to the creation of an entirely new economy by top online platforms, effectively shifting the internet into an attention economy where users are turned into products and competing businesses pay platforms to buy attention. These days, there is virtually nothing that goes for free — clicks, impressions, engagements, just name it. To make things worse, some content are now confined to specific geographical locations so it is impossible for users outside of those regions to access them.

This tide is fast changing with Web3 and NFTs and once again, users can dream of being more than just consumers, while creators now have alternative options.

From Consumers to Members

Welcome to the distinct world of Web3 where users are more than consumers and tools for mere engagement. In this rapidly evolving space, users can now be called members.

As web3 continues to evolve, it is becoming obvious that power will no longer be concentrated in the hands of platforms, but it will shift to the hands that really matter — the users. Users will not only create engagement among themselves, but they will also be able to create communities and make propositions on the kind of changes they wish to see take effect on platforms.

Forceful advertisements will no longer be the order of the day and users will no longer be subjected to the will of artificial intelligence algorithm which typically decides what individual users are shown.

With NFTs, users can directly obtain membership status in a personalised community of like-minds. There, geographical restrictions are no longer a barrier and each member can make meaningful contributions while consuming content that meets their needs.

A New Motivation to Create

Ask any creator what their greatest nightmare is and you are most likely to get a response about seeing their hardwork rejected or banned on social media platforms. The popular video platform, YouTube, already has a reputation for being notorious in this regard.

Creators are subject to rules some of which are arbitrary and they are left in the hands of algorithms each time they upload content, while hoping their content is not rejected. This is without mention that there is no guarantee that they will recoup the money spent on creating videos. Decentralised streaming platforms such as Theta, Livepeer, and Chainflix, are already creating alternative options that creators can explore and maximise returns on their creativity.

Through NFTs and Web3, creators can now build their online presence through closely knotted online communities where they can offer values, issue NFTs and create stronger bonds with their fans, thus creating an avenue to further maximise returns.

Bottom Line

Web3 and NFTs can be regarded as alternative solutions that are helping to redefine our conception of digital inclusion. It is only a matter of time till web3 usurps web2 and NFTs become instrumental in everyday lives. Still, one thing is already evident — that web3 and NFT are leading the cause of digital inclusion on a global scale.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other articles

Fort Block Games Review: Web3 Gaming, NFT Integration, and the $FBG Token Economy

chest

A detailed look at Fort Block Games — a Web3 platform combining Roblox, Fortnite, and Unreal Engine 5 with NFT assets, the $FBG token, and a play-to-earn ecosystem.

user avatarElena Ryabokon

Cusy snake — Classic Snake Meets Blockchain in a Telegram Game

chest

Cusy snake is a Web3 game inside a Telegram bot where classic snake gameplay meets blockchain rewards and simple onboarding into the crypto world.

user avatarElena Ryabokon

Meteora: How Dynamic Vaults and DLMM Transform Solana Liquidity

chest

In-depth Meteora overview: project history, evolution, DLMM pools, Dynamic Vaults, MET tokenomics, impact on Solana DeFi, and TVL prospects.

user avatarAlexandra Smirnova

Kalshi — A Regulated Event Forecasting Market with Blockchain Potential

chest

Kalshi is a CFTC-regulated platform that lets users trade on real-world event outcomes, combining financial tools with future Web3 integration.

user avatarElena Ryabokon

Zama: Homomorphic Encryption and Privacy-Preserving dApps on Blockchain

chest

Zama brings homomorphic encryption to Web3, enabling fully private smart contracts and encrypted computations with FHEVM on Ethereum-compatible networks.

user avatarElena Ryabokon

Bit Digital’s Strategic Shift from BTC Mining to ETH Staking and Institutional Crypto Infrastructure

chest

An in-depth look at Bit Digital’s transition from Bitcoin mining to Ethereum staking and institutional crypto services. Strategy, infrastructure, risks, and growth potential.

user avatarElena Ryabokon
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.