Fantom Social

Fantom Social shows the limits of storage on the fantom blockchain bringing new technologies encorporated with blockchain technology to create a simplistic social media platform.

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Inspiration

Our inspiration came from the qualities of fantom and its inexpensive and fast transactions.

What it does

Fantom Social is a fully decentralized application, allowing users to store data on the Fantom blockchain and created a social media platform, where everyone is a moderator using a governance-based moderation. Our moderation functions by users reporting unsafe/harmful posts which will get voted on by the community and anyone know voted correctly on a post will get paid with our token. The Governance voted is bases half on holdings of the token so this is the only use the token currently serves but we aim to add more functionality. Fantom social aims to provide one of the first real decentralized social media platforms with decentralized concepts too.

Read more at https://ftmsocial.medium.com/how-fantom-social-revolutionizes-content-moderation-79159eec379

How we built it

We used solidity to create a smart contracts and build a simple frontend using react.

Challenges we ran into

The biggest challenge we ran into was moderation. The world does not share many equivalent values, one may consider someone a terrorist, while other may consider someone a hero. It is hard to bring all these views into a social media platform, while not creating a more centralized approach such as Facebook, or Twitter.

Accomplishments that we're proud of

We are proud of our unique moderation method but aim to improve it significantly in the coming months and use more technology to bring centralized applications into the fantom network.

What we learned

We enhanced our knowledge of the fantom network and as very new developers we built our first application!

What's next for Fantom Social

Please read the FAQ at the homepage of the website about what we are going to released in our full version! We are excited to move to FVM in Q4.

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Updates

posted an update —

1.) We will be doing some contract splitting with an "add-on" likes and follow contract. Andre said that there wouldn't be a limit of contract size when FVM gets released. We will have a singular contract then but additions to the platform will be added through our current "add-on" contracts idea.

2.) Content will be monitized once we get 1000000 combined transactions when we launch on mainnet. You will earn 5 percent of the transaction fee that someone used to like your content. This creates more of an ecosystem revolving around fantom.

3.) We will create a DEX or some financial tool around Q3-Q4 which will also utililize the same token that is used for the social media DAO.

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