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momentswap's Introduction

Moments Swap

${\color{black}{1 \ Overview}}$

Moments Swap is a social program where you can share text, pictures and videos. All shares posted on Moments Swap are by default an NFT, and other users can buy, rent your NFT shares. The purchaser owns the share and can then advertise on it or buy it from the next person. All advertising and NFT revenue will be transparently shared among ecological contributors, and the ecosystem has multiple ways to contribute and benefit.

${\color{black}{2 \ Problem}}$

The rise of global social network giants has empowered the centralized tech cartels to misuse user data, infringe on user privacy and impose censorship. As reported after the investigation by Cambridge Analytica, Facebook collected social graphs and personal profiles from millions of users without their consent, with the end goal of fueling more directed political advertising and inappropriately profiting from the personal data of their users. The current landscape of web2, filled with centralized social networks, has deviated from the principle of the World Wide Web. Namely: to enable the decentralization of information on a large scale.

${\color{black}{3 \ Solution}}$

Moments Swap is a decentralized Web 3.0 commons, and the Moments Swap network is a SocialFi initiative through which users can share their raw information. Creators, curators and other interested participants can also benefit from the original tokens. The platform revenue is a fully automated and transparent process, which is distributed to the users of each Moments Swap by market mechanisms.

On a decentralized social platform like Moments Swap, each Moment posted generates an NFT, facilitating future transactions. Moments Swap will also sell advertising space on each Moment as an NFT, and at an open price and in a fair manner.

${\color{black}{5 \ Smart \ Contract \ Functionalities}}$

  • Name resolution system to achieve mutual conversion of user address and user name
  • Uploading text, video and pictures to the filecoin storage network
  • Upgrade governance process

${\color{black}{7 \ Roadmap}}$

Time Status
2022-11-30 System research and requirement analysis
2022-12-15 Develop roadmap
2023-01-10 Name resolution contract and file processing contract design
2023-01-10 Name resolution contract and file processing contract development
2023-01-20 Moments Swap frontend Development
2023-02-2 Release beta version

momentswap's People

Contributors

sunday527 avatar alexzhenyu avatar cxfanzj avatar swift-hl avatar xander988 avatar opaubank avatar anynya avatar

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