Page 57 - Understanding EOS TojuKaka FlipBook

Social Media

Blockchain-based digital networks are the future of
social media. Issues like privacy and data ownership
are making people see the need for a more
decentralized approach to social media. The big social
media platforms are de-platforming, demonetizing,
and censoring content creators. In a decentralized
social media, users will be able to raise their voice
without fear of censorship. If there is any form of
censorship, it would come from the community and
have a transparent system. Users will also have more
control of their content and earn more value from it.
The time for a decentralized social paradigm is now.

DEX

DEX means Decentralized Exchanges. Exchanges are
sites or apps that allow people to trade one
cryptocurrency for another or trade cryptocurrency
with fiat currencies. A decentralized exchange cannot
be censored. It allows users to trade their
cryptocurrencies without giving up custody of their
funds. The earliest cryptocurrency exchanges were
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