A startup blockchain business has set their eyes on the cannabis community with the hopes of creating a better social network for cannabis users.
The team behind Smoke Network are convinced that issues such as censorship of legal cannabis pages and other monopolistic practices of social media giants such as Facebook point towards a need for a decentralized cannabis social network powered by blockchain technology that cannot be tampered with by outside influences with an anti-cannabis agenda.
Sites such as Facebook and Instagram regularly shut down cannabis related pages without warning, hurting real-world customers and fledgling businesses alike. Having previously built 420smokers.us, a cannabis community with currently over half a million Facebook fans and whose social pages have been killed off once already, the team behind Smoke Network have been exposed first hand to this ruthless censorship and how it can negatively affect the marijuana industry.
On top of this, users of the mainstream social media networks do not reap the rewards of the billions that advertisers spend on these platforms every year. Instead, those profits go directly into the pockets of its shareholders. Smoke Network promises to flip this conventional ad revenue model on its head.
Smoke Network, in addition to being uncensorable and decentralized, offers its users the ability to earn cryptocurrency for their use of the platform in the form of a daily ‘rewards pool.’ Users on the network who receive upvotes receive a portion of this rewards pool.
Content ‘curators’ who find high-quality content and upvote it first also receive rewards, so even users who don’t post regularly can be rewarded for their efforts.
A prototype design can be found at https://smoke.io/ showcasing basic features the social network will have on launch.
In stark contrast to the centralized global media landscape, Smoke Network offers a refreshing alternative to social media sites controlled by self-serving corporations. These benefits trickle directly down to its users who stand to gain just for investing time and energy in the platform.
The network is giving away free SMOKE cryptocurrency to users that sign up to their airdrop and will be holding a public sale in April. Check out their company website for more info.