Decentralized social media is becoming one of the biggest hot trends in the market, and#Maskis becoming the central topic of decentralized social media. In the early days, we introduced that#Maskis the Tencent empire in the Web3 field and has invested in nearly 120 Web3 Social ecology and infrastructure. And its layout in the decentralized social media field of Web2 is even more profound. @realMaskNetwork
There has been a major event in traditional financial circles recently. A legendary social stock was born in the U.S. stock market. It is called DWAC, which was formed by the merger of Trump’s social media Truth Social and a SPAC company. As a supporter of Trump’s campaign, it is Pushing this stock to its peak, the fundamentals of this stock are extremely average. Truth Social's revenue in the first nine months of 2023 was approximately $3.4 million, and it lost $49 million in the same period. The platform has only 1 million users, so it can be understood as a meme stock in the Web2 field. However, due to the decentralized nature of this social media, it has received support from more and more American people, and this move has brought Trump Received a windfall of nearly US$3.5 billion, thus easing his campaign expenses and corresponding fines.
Here’s an introduction to Truth Social, an alternative tech social media platform created by the Trump Media Technology Group (TMTG) and banned by former US President Donald Trump in 2021 following the 2021 attack on the US Capitol Facebook and Twitter, in a final rage, developed Truth Social, a completely decentralized social media software, which was called a "Twitter clone" and attempted to provide an alternative to Twitter and Facebook, with complete freedom of speech and the realization of free hobbies. readers’ common passions and topic interests.
The underlying technology used by Truth Social is called Fediverse social network. It is a federated social network that runs free and open software on countless computers around the world. Many independent servers are connected to each other and allow people to interact with each other. There is no central site: you choose any server to register and use. This ensures a certain level of decentralization of data and individual sovereignty. There are no built-in ads or complex recommendation algorithms. It is completely based on interest and is an organizational form created by enthusiasts. This provides a comfortable small community and circle composed of many like-minded people to facilitate communication and dissemination of their ideas.