The cryptocurrency market faces many challenges, particularly regarding presales. Investors are demanding greater transparency and utility from projects. Let's explore the issues using BlockDAG and the successful project DeSoc as examples.
BlockDAG: Trust Issues and Long Waits
The BlockDAG presale has become an example of the inefficiencies of current fundraising practices in cryptocurrency. The prolonged campaign has generated dissatisfaction and concerns among investors. On Trustpilot, the project has an average rating of 2.8 out of 5, with 47% of the reviews being negative. Users warn of risks and label the project as a scam. For over 18 months, BlockDAG has been conducting its presale, raising questions about its legitimacy.
DeSoc: Innovation in Social Media
While BlockDAG faces doubts about its reliability, the DeSoc project has become a focal point of attention among investors. It has raised $10 million and offers solutions that meet real user needs. DeSoc is developing a blockchain-based social media platform that allows seamless content syndication across major social networks. This approach assists users in integrating Web3 technology into their daily social media interactions with ease.
DeSoc's Monetization Ecosystem
The monetization on the DeSoc platform represents an innovative approach to creator and user interaction. Through the $SOCS token, various revenue streams are provided, such as:
* Content Rewards: Users earn tokens for creating valuable content based on engagement metrics. * Tipping and Micropayments: Supporting creators through token-based systems. * Exclusive Content Access: Monetization through token-gated premium experiences. * Advertising Partnerships: Utilizing tokens for purchasing ad space on the platform.
This framework enables participants in the DeSoc ecosystem to benefit significantly while contributing to the platform's growth.
The contrast between rising projects like DeSoc and troubled presales like BlockDAG is becoming increasingly apparent. Investors are interested in transparent and innovative solutions, making projects with real value more appealing.
