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The Importance Of Understanding Digital Platforms by taskmaster4450

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hive-167922 · @taskmaster4450 ·
$15.94
The Importance Of Understanding Digital Platforms
<center>

[![](https://ipfs-3speak.b-cdn.net/ipfs/bafybeibdoe7o2pzfhf7ky3wqgf632fvqyglb4g6how6zyzmjnbbv6w6bk4/)](https://3speak.tv/watch?v=taskmaster4450/kmokswha)

▶️ [Watch on 3Speak](https://3speak.tv/watch?v=taskmaster4450/kmokswha)

</center>

---

Make no mistake, Elon is setting out to build an expansive digital platform.  This is an important concept to grasp going forward.

In this video I discuss what he is looking to incorporate and how Hive needs to embrace a similar mindset.  If we are truly going to forge ahead in the future, we need to grasp the enormity of the undertaken in terms of the applications and what they will represent to people.

---

▶️ [3Speak](https://3speak.tv/watch?v=taskmaster4450/kmokswha)
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vote details (309)
@ai-summaries · 
**Summary:**
In this video, Task discusses the concept of digital ecosystems and platforms, emphasizing the importance of understanding how various entities are interconnected in the digital realm. He explores the potential integration of Twitter into the Tesla ecosystem and the potential for Twitter to evolve into a financial network. Task delves into the necessity for platforms like Hive to expand beyond traditional social media applications, focusing on areas such as gaming, finance, smart contracts, NFTs, and DeFi to drive growth and innovation. Task emphasizes the need for a broader vision in the digital landscape and highlights the significance of adopting a more comprehensive approach towards building digital communities and platforms.

**Detailed Analysis:**
Task starts by highlighting the evolution of social media and the changing landscape of digital platforms, particularly pointing out the potential for Twitter to become part of the Tesla ecosystem. He suggests that Twitter could potentially offer financial tools and integrate with other services like Robin Hood for stock purchases or Coinbase for cryptocurrency transactions.

Task stresses the need for platforms like Hive to expand their offerings beyond traditional social media functionalities, proposing the integration of short-form content, microblogging, smart contracts, NFTs, and DeFi solutions to create a robust ecosystem. He emphasizes the importance of focusing on commerce and developing a marketplace within digital platforms.

The discussion also touches on the challenges surrounding centralized entities in the crypto space, with Task highlighting the need for decentralization and expanded use cases within platforms like Hive. He stresses the importance of integrating AI, algorithms, and different types of content to enhance the overall user experience and utility of these platforms.

Furthermore, Task discusses the future of video platforms like YouTube and the potential threat posed by platforms like TikTok, underscoring the need for evolution and adaptability in the digital space. He suggests that platforms like Twitter need to focus on creating a seamless ecosystem for users to access various services, including commerce and investing, within the platform itself.

In conclusion, Task emphasizes the critical role of digital ecosystems and platforms in driving innovation and growth in the digital age. He calls for a more holistic approach to platform development, focusing on expanding functionalities, integrating various services, and enhancing user experiences to stay relevant and competitive in the evolving digital landscape.

---

*Notice: This is an AI-generated summary based on a transcript of the video. The summarization of the videos in this channel was requested/approved by the channel owner.*
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@hivebuzz · 
Congratulations @taskmaster4450! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@taskmaster4450/payout.png?202211130149"></td><td>You received more than 180000 HP as payout for your posts, comments and curation.<br>Your next payout target is 182000 HP.<br><sub>The unit is Hive Power equivalent because post and comment rewards can be split into HP and HBD</sub></td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@taskmaster4450) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>


To support your work, I also upvoted your post!
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@jfang003 ·
$0.06
RE: The Importance Of Understanding Digital Platforms
I think the biggest issue with that is that it's all monetary focused and a bunch of people have gone towards that end making it look bad. Most of the time when I see Defi, I think it's good but I just think about all the scams out there and I can't bring myself to join most of these platforms.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jfang003/re-taskmaster4450-4gwwwx)
👍  , , , ,
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vote details (5)
@pixresteemer · 
<center>![pixresteemer_incognito_angel_mini.png](https://files.peakd.com/file/peakd-hive/pixresteemer/8h7BBw1w-pixresteemer_incognito_angel_mini.png)</center><center>Bang, I did it again... I just rehived your post!</center><center>Week 131 of my [contest](/hive-179017/@pixresteemer/the-re-hive-contest-results-week-130-and-start-week-131) just started...you can now check the winners of the previous week!</center><center>!BEER</center><center><sub>5</sub></center>
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@poshtoken · 
https://twitter.com/1480840258828779521/status/1591597454159486977
<sub> The rewards earned on this comment will go directly to the people( @mypathtofire ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
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@tonybad · 
Elon is the new God. 
Will Twitter fall apart, or is there no Competition?
Here co.es HIVE.IO
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