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Token Customization and the Future of Social Media by the-alien

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· @the-alien ·
$156.83
Token Customization and the Future of Social Media
![Alt Text](https://www.t-systems.com/image/375122/5x2/fc/1668/667/5720557c7b7c057dea6c438c5379814b/oc/im-bg-revolution-of-things-png.png)

For those of you who still remember, there was a time when most of our friends, neighbours, or even the local businesses around us were expressing a strong resistance towards the internet. 

Business owners had to until they saw everyone around them creating a website, for them to do the same.

Fast forward a few years, and almost everyone is on the internet now. Despite how resistant they were merely half a decade before.

Some of us believe that the same phenomenon will happen with the blockchain, and that a few years from now everyone you know will have their own website, platform or store on the blockchain.

And that’s our story today:

# Token Customization and the Future of Social Media

![Alt Text](http://www.skinnyswebworks.com/images/slider-image-003.jpg)

Social media has played a great role in the recent years to connect businesses with their customers, creators with their audiences and for anyone who seeks to directly reach potential users and customers, Facebook Ads would probably the safest choice.

However, this is an entirely different situation for any social media platform - or any website really - that is on the blockchain. There are a lot of reasons why, but I’ll give you the most important one:

Facebook is banning all ads featuring cryptocurrency and blockchain. We’re not talking about reducing the reach here but rather eliminate the ads altogether.

The biggest value in this case can be found in YouTube, not Facebook.

YouTube hosts thousands upon thousands of content creators who combine massive influence, with outstanding engagement to an already existing - and enormous - audience that is active every day of the week.

Oh, and they’re getting demonetized faster than a factory worker under a communist regime.

And now we are starting to see an abundance of win-win scenarios.

![Alt Text](http://digitalhealthage.com/wp-content/uploads/2018/02/Digital-handshake.jpg)

The YouTube algorithm has done a tremendous job to maximize the engagement, in order to keep both the users and creators active on the platform.

The creators are incentivized to post frequently, they engage with the audience regularly, and often they give prizes and giveaways as they reach a certain milestone.

Milestones are an incredibly powerful tool by the way, but we’ll get to that shortly.


![Alt Text](https://pbjmarketing.com/wp-content/uploads/2018/02/How-Influencers-Help-Your-Brand.jpg)

The spectacular influence of YouTube creators is hard to ignore. And as it couldn’t be any other way, it hasn’t been left unnoticed by the marketing teams of some of the largest companies in the world.

All of the sudden you see all sorts of mainstream celebrities going to YouTube studios. You see Sky Sports teaming up with the YouTubers *Football Daily* to present the pregame show, you see *The Rock* collaborating with YouTuber Logan paul... 

The attention is shifting so much that even huge Blockbusters like *DeadPool* are collaborating with YouTube channels like *Screen Junkies*.

https://www.youtube.com/watch?v=_qIRtFE6aIc

The biggest difference between YouTube and Facebook - aside from banning crypto-ads - is that you can find plenty of creators who create content frequently and reaching thousands of people every time.

And with a substantial influence over their followers by the way. 

Here’s where the token customization comes in play:

You could form partnerships with the creators who most identify with your community/niche/interest and then not only you would vote for them and their content.

But you could give them a founder’s percentage for the role they play in that community. That on its own is no small incentive but it gets better as you add in those milestones they all love so much, and you get yourself a recipe for success.

And now you’re gamifying the entire experience.

For example when the community grows to 50K users the percentage gets bigger, when it grows to 100K another increase gets unlocked and their hard work is rewarded.

This way, their self-interest is tied to yours and suddenly everyone is doing their best for the common growth and sustainability of the platform, all while having fun.

Speaking of fun, why not gamify the blockchain experience for the users as well?

![Alt Text](http://cdn.3plearning.com/wp-content/uploads/sites/7/2017/03/Shutterstock-gamification-banner-4-of-4.png)

You replicate YouTube’s infamous “Giveaways”  (which is a tried and proven strategy to increase engagement) and you allocate a part of the resources to reward the most engaged members of the community.

That could another interesting customized feature to keep in mind.

A prime example of that is what Marvel does with the *Infinity Gauntlet* giveaways, or what *The Walking Dead* did with the *Lucille Bat* or any other collectibles and memorabilia really.

What they do is that they create a win-win for each of the parties involved. 

![Alt Text](https://i.ytimg.com/vi/rtJ3UfNsRR0/maxresdefault.jpg)

The fans are happy to participate in a game where they can win exclusive content and gifts, the creators win because they get free gifts and special deals and they grow the engagement even further.

And the studio wins because they located where the real attention is and they created successful partnerships with the key people that excel in spreading the word.

>  ### *“There are exceptional people out there who are capable of starting epidemics. All you have to do is find them.”*
> **― Malcolm Gladwell, The Tipping Point.**

### Closing Thoughts

![Alt Text](http://www.travancoreanalytics.com/wp-content/uploads/2017/02/fii2.jpg)

This post opens with the parallels between the internet and the blockchain and how many business owners had to wait until they saw enough people they trust and follow launching their websites for them to do the same.

Trying to explain the potential benefits that the internet could bring to their businesses was as pointless as it gets. They probably were well aware the value the internet was bringing them, especially introducing them to a much wider consumer-base they couldn't otherwise reach.

However, we're a peculiar species and for many people the fear of the new and the unknown trumps the reasoning and critical senses. 

A possible way to bypass that is to sooth those fears by connecting with those creators they follow and resonate with and guide them through some of the most fascinating aspects of blockchain.

Or even better, creating a trend around it.

Image Sources: [1](https://www.t-systems.com/en/perspectives/internet-of-things/iot-1/internet-of-everything-375134) - [2](http://www.skinnyswebworks.com) - [3](http://digitalhealthage.com/nhs-digital-techuk-announce-partnership-goals-2018/) - [4](https://pbjmarketing.com/real-world-tips-using-top-social-media-influencers/) - [5](http://uk.mathletics.com/blog/blog-gamification-final-piece-of-the-puzzle-4-of-4) - [6](https://www.youtube.com/watch?v=rtJ3UfNsRR0) - [7](http://www.travancoreanalytics.com/deep-learning-artificial-intelligence/)
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@a-0-0 ·
https://www.youtube.com/paulbegley34
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@adarshh ·
Hi,
i hope that we dont see blockchain as an answer to everything. the elevating features of blockchain are a  digital currency and a  transaction ledger. Nowadays i see lot of solutions which are trying to use the decentralized trust behavior and force fit it into schemes that dont need it

I definitely agree that financial interactions and the consumer resonate well together. If you really think about it, blockchain fixes the problem of not being able to trust another person. this means that relationships are discarded and trust becomes a factor of how many people agree with your view of things. 

I hope social interactions survive the blockchain wars
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@bitcointravel ·
$0.40
nice post
👍  
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@the-alien ·
Thank you!
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@blazing ·
The future looks to be really promising and interesting but lets enjoy this moment :D
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@the-alien ·
Haha yes! I actually needed to hear that :P I'll try to enjoy the moment first, hope you are too :)
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@clumsysilverdad ·
$0.04
Let's do it, the future is exciting again when it devolves from all the artificial formality and hype of the central to the authentic and interpersonal of the local and regional, the decentralized... the return to authentic interaction and distinct culture.  In that way technology has only begun to diversify and support uniqueness, only being so largely a tool so far to the western conformity machine.  Peace
👍  
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@the-alien ·
Man, I see this comment narrated over an intro of some awesome video. :)

What caught my eye though is the return to a more authentic interaction, I haven't thought about it that way honestly, but now a new pandora's box is open haha
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@clumsysilverdad ·
haha, alright, ty (-:
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@felixgarciap ·
Being still in the adolescent era, the era of computer science will bring us tangible surprises in a few years. Excellent article friend. Best regards
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@the-alien ·
Yeah you're absolutely right! It's easy to forget that we are still in the beginning after all :)

Thank you and best regards to you as well!
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@felixgarciap ·
Sure friend :-)
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@georgeforeham ·
Great article and very informative, thanks for sharing. I've smashed the upvote button for you!

If you are looking to get hold of some crypto without investing or mining, look into https://www.crowdholding.com. They are a co-creation platform were you get rewarded for giving feedback to crypto startups on the platform. You can earn Crowdholding's token as well as DeepOnion, ITT, Smartcash and many other ERC-20 tokens.
👍  
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@gvincentjosephm ·
Social Media revolutionize the way advertising and business works. It really influences us to change our ways somehow. I hope steemit can be a good influencing instrument to for a good change and innovation.
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@the-alien ·
Amen to that!
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@jeezzle · (edited)
It's going to be a long road when it comes to teaching people about the blockchain.  They've heard of Bitcoin but they don't know that other coins exist,  and they've certainly never heard the term blockchain.

I definitely think that blockchain is the third biggest digital feat to ever happen.

Computer ----> Internet ----> Blockchain ----> ??Flying robots??

Having said that,  I think it's going to be a at least a couple of years before we can actually get the majority of people onboard. Most people think that the entire world is just getting up the morning and going to work and banging a hammer all day long for someone else.

Getting people to believe that the blockchain is not a fad that's going to disappear is going to be quite a difficult task but Youtube and Facebook are certainly making things easier lately.
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@the-alien ·
Haha you nailed it! "Computer ----> Internet ----> Blockchain ---->"

The flying robots parts I have no clue :P Let's hope something much cooler :)

And yeah, it's gonna be a couple (or more years) for sure until we get to the common man, but I think seeing the progress will make it worth it :)

Btw.. This:

> "Youtube and Facebook are certainly making things easier lately."

Haha I can't agree more!
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@mdfardushkhan100 ·
wow amazing post
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@the-alien ·
Thanks! I'm glad you liked it!
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@mjg7822 ·
thanks. have a nice day
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@the-alien ·
Thank you! Have an excellent day! :)
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@muhammadroni ·
The photos are so amazing I just saw a picture like this that very good thanks have shared @the-alien
👍  
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vote details (1)
@the-alien ·
Haha thanks, I just try to match the pictures with the text to give a pleasurable reading experience to the reader. Anyways, hope you're having a great weekend!
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@natureofbeing ·
fantastic post @the-alien, such relevant and well expressed ideas! I'm only sorry I didn't see this within the upvote window.
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@rehan12 ·
There are many things that are gonna happen in the coming days and as sure the changes will be of for our good cause !
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@the-alien ·
One can only hope :)
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@rhyscn ·
It seems we are in a bit of a 'perfect storm' for the tokenization of social media as you say. The 'ad apocolypse' that is Youtube and the Facebook privacy saga is leaving content creators and consumers wanting more control over their ability to earn reveune relevative to the value they provide to the network, as well as wanting to ensure they dictate if they want their privacy to be montizied, if so they can be rewarded for doing so.

Once these ideas gather more adoption, I think people will see the light and think "Why should I give all the power to larger corporations and not see any benefit?".
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@the-alien ·
I couldn't have said it any better. And to answer that question : I wouldn't. :)

And I'm sure sooner or later, many people will start coming to that realization as well and would want more control over their data. 

Thanks for the awesome comment man!
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@stealthtrader ·
Isn't this the point of SMTs?
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@the-alien ·
I don't know if that's the main point of the SMTs, but  the SMTs will have those features I believe and that would be really amazing!
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@viraldrome ·
Tokenization is going to touch every part of the internet
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@the-alien ·
I think so too. Sooner or later :)
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