Explaining Decentralized Social Applications: ZE23 at the Forefront of Social Finance Revolution
In the realm of social media, users on traditional Web2 platforms have long been at the mercy of commercial partnerships and opaque algorithms to monetize their content and time. However, a new player in the game, ZE23, is set to change that narrative.
ZE23 is a SocialFi application, a component of Web3 that seamlessly combines community interaction and decentralized revenue. It stands out as a Web3 social application, built on Solana, one of the most talked-about cryptocurrency presale initiatives in the Web3 social applications arena.
Unlike Web2 platforms, which rely heavily on user attention and data, selling them for substantial revenues, ZE23 actively compensates its users for their contributions and involvement. This is made possible through ZE23's Time Mining mechanism, which pays users with Z3 tokens for every second of involvement.
The mission of ZE23 is straightforward: to convert attention into cash. It achieves this by employing a unique tokenomics structure that includes a restricted supply, deflationary buybacks, and a vesting scheme for long-term value. The Z3 tokens, the native currency of ZE23, can be used within the app for various purposes, such as promoting posts, making withdrawals, purchasing ads, and establishing creator tokens.
The distribution of earnings in ZE23 is fair and transparent. The ZE23 AI Algorithm ensures that 50% of the earnings go to fans, 40% to creators, and 10% to the platform. This approach empowers both content creators and consumers, returning control to them in a way that traditional Web2 platforms have not.
ZE23 is gaining traction among individuals looking for presale cryptocurrency that offers value beyond speculation. It stands out in the rapidly expanding Web3 market by addressing the unequal nature of social networking. If you're one of those individuals, ZE23 should lead your list.
In Web2, users do not have control over their material, do not receive a piece of the revenue, and have no influence over how their information is utilized. With ZE23, this changes. It offers a platform where users can truly benefit from their time and effort on social media, making it a must-watch in the world of Web3 social applications.
