{"id":71080,"date":"2017-09-04T06:00:25","date_gmt":"2017-09-04T10:00:25","guid":{"rendered":"http:\/\/insidebitcoins.com\/?p=71080"},"modified":"2021-09-14T09:40:37","modified_gmt":"2021-09-14T13:40:37","slug":"power%e2%80%8b-%e2%80%8bto%e2%80%8b-%e2%80%8bthe%e2%80%8b-%e2%80%8bpeople%e2%80%8b-%e2%80%8bong-social%e2%80%8b-%e2%80%8boffers%e2%80%8b-%e2%80%8ba%e2%80%8b-%e2%80%8bblockchain-based%e2%80%8b","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/power%e2%80%8b-%e2%80%8bto%e2%80%8b-%e2%80%8bthe%e2%80%8b-%e2%80%8bpeople%e2%80%8b-%e2%80%8bong-social%e2%80%8b-%e2%80%8boffers%e2%80%8b-%e2%80%8ba%e2%80%8b-%e2%80%8bblockchain-based%e2%80%8b","title":{"rendered":"Power\u200b \u200bto\u200b \u200bThe\u200b \u200bPeople:\u200b \u200bonG.Social\u200b \u200boffers\u200b \u200ba\u200b \u200bBlockchain-Based\u200b \u200bSolution to\u200b \u200bFacebook\u2019s\u200b \u200bFake\u200b \u200bNews\u200b \u200bProblem"},"content":{"rendered":"<p><strong>Contemporary\u200b \u200bsocial\u200b \u200bmedia\u200b \u200bplatforms\u200b \u200bhave\u200b \u200bincreasingly\u200b \u200bbecome\u200b \u200bcorrupted,\u200b \u200bevident\u200b \u200bby\u200b \u200bthe\u200b \u200brecent\u00a0fake\u200b \u200bnews\u200b \u200bproblem,\u200b \u200bleading\u200b \u200bour\u200b \u200bculture\u200b \u200bto\u200b \u200bbiases,\u200b \u200bprejudices\u200b \u200band\u200b \u200ba\u200b \u200bserious\u200b \u200bneglect\u200b \u200bof\u200b \u200btruth.\u200b \u200bFor\u200b \u200ban\u00a0innovative\u200b \u200bsolution,\u200b \u200bOneName\u200b \u200bGlobal\u200b \u200bis\u200b \u200boffering\u200b \u200ba\u200b \u200bblockchain-based\u200b \u200bsocial\u200b \u200bdashboard\u200b \u200bwith\u00a0multiple\u200b \u200bcryptocurrency\u200b \u200brewards\u200b \u200bincentivizing\u200b \u200btruth.<\/strong><\/p>\n<p><em>[Note: This is a sponsored story]<\/em><\/p>\n<p>On the surface, onG.Social is simply a social platform that helps influencers and social media users\u00a0optimize their daily routine by making it possible to publish to all social media sites in just one click.\u00a0However, with its innovative Gravity algorithm, which measures and rewards community verified truth,\u00a0onG.Social allows social media users to fully regain their power, control their data and act against the\u00a0censorship imposed by the likes of Facebook and Twitter.<\/p>\n<h3>A\u200b \u200bdecentralized\u200b \u200bsocial\u200b \u200bmedia\u200b \u200bplatform<\/h3>\n<p>Popular centralized social platforms take away the user\u2019s control by restricting them to questionable,\u00a0capricious algorithms. Only last month, we saw established YouTube channels such as Veritasium lost a\u00a0consequential amount of their views as Youtube\u2019s algorithm mysteriously changed its promotion bias\u00a0making quantity become significantly more important than quality, meaning users are rewarded for\u00a0frequently posting cheap content, rather than posting quality content over time.<\/p>\n<p>Then there\u2019s Facebook\u2019s algorithm, which prioritizes \u201cengagement\u201d, incentivizing users to make up\u00a0outrageous nonsense about fake and erroneous information, leading the rise of fake news in our media. It\u2019s becoming evidently clear that by taking away their control, social media platform users won\u2019t only lose\u00a0their freedom of speech, but perhaps lose their whole vocation.<\/p>\n<p>The idea for decentralized, blockchain-based social media platforms isn\u2019t entirely new. Steemit is a social\u00a0news service which runs a blogging and social networking website on top of the blockchain-based social\u00a0media platform Steem, founded in 2016 by Ned Scott and Dan Larimer. Steemit allows anyone to earn\u00a0rewards by posting content valued by others and encourages users to post, share and react to content by\u00a0rewarding it\u2019s users with the Steem digital currency, based on the number of up-votes they receive.<\/p>\n<p>While Steemit is solely a social news service, onG.Social is social dashboard that incentivizes its community members with cryptocurrency rewards, and allows its users to connect, create, consume and\u00a0distribute to both centralized, popular social media cultures and to decentralized social networks, basically\u00a0creating a bridge to both types of platforms.<\/p>\n<h3>Supported\u200b \u200bby\u200b \u200bIBM<\/h3>\n<p>Since OneName Global piloted their onG.Social platform in 2014, it has caught the attention of several\u00a0large corporations, including IBM who backed the project early on through their incubator program. These\u00a0big companies see the long-term value and recognize the potential in onG\u2019s technology.<\/p>\n<p>This shouldn\u2019t be surprising, especially now as onG.Social prepares to move the platform into the\u00a0blockchain with an innovative dual-blockchain approach built on both WAVES and Ethereum that will\u00a0allow for redundancy, stability, and security. onG.Social is the second company in history to use this\u00a0formula and it\u2019s proven to be an effective solution to overloaded ICOs.<\/p>\n<p>By incorporating both the Ethereum and Waves blockchains, onG.Social benefits from Ethereum\u2019s\u00a0ERC20 standards which set a precedent for creating a token with a tested rule set, and allows onG.Social\u00a0to analyze and modify the algorithm that distributes its token while not compromising the security layer of\u00a0the token itself. Working together with Waves\u2019 encryption platform, onG.Social is practically unbeatable.<\/p>\n<h3>Initial\u200b \u200bCoin\u200b \u200bOffering<\/h3>\n<p>Unlike most ICO\u2019s that are only in the idea, concept stage; onG.social is an active, true tested platform\u00a0already used by thousands of community members, which makes the onG Coin one of the more exciting\u00a0ICO\u2019s from a ROI standpoint.<\/p>\n<p>onG.social says that they plan on injecting the multiple cryptocurrency rewards into the platform as soon\u00a0as January 2018, so that could mean big gains for the onG Coin, where others have to wait for platform\u00a0builds and implementation.<\/p>\n<p>Contributing to the onG Coin ICO also will allow onG.Social to add more social networks to their social\u00a0hub, both on and off the blockchain in order to provide community members with more exceptional value.<\/p>\n<p>A true win win for those contributors who also want to use the unique platform to save time, while earning<br \/>\nmore crypto rewards for each post made to social media.\u00a0After delaying the previously announced July launch in order to ensure a seamless ICO release due to\u00a0the current overloaded nature of the ICO ecosystem, the onG Coin ICO is currently ongoing.\u00a0It\u2019s important to note, that unlike most other ICOs in the current ecosystem, onG.Social is a true tested\u00a0product that is live now, and you can try it for yourself.<\/p>\n<p>With its amazing and ambitious premise of eradicating fake news by offering multiple cryptocurrency\u00a0rewards to community members, this streamlined social hub, onG.Social will certainly make a dent in the\u00a0blockchain-based social media industry.<\/p>\n<p>The post <a href=\"http:\/\/bitcoinist.com\/power%E2%80%8B-%E2%80%8Bto%E2%80%8B-%E2%80%8Bthe%E2%80%8B-%E2%80%8Bpeople%E2%80%8B-%E2%80%8Bong-social%E2%80%8B-%E2%80%8Boffers%E2%80%8B-%E2%80%8Ba%E2%80%8B-%E2%80%8Bblockchain-based%E2%80%8B\/\" rel=\"nofollow\">Power\u200b \u200bto\u200b \u200bThe\u200b \u200bPeople:\u200b \u200bonG.Social\u200b \u200boffers\u200b \u200ba\u200b \u200bBlockchain-Based\u200b \u200bSolution to\u200b \u200bFacebook\u2019s\u200b \u200bFake\u200b \u200bNews\u200b \u200bProblem<\/a> appeared first on <a href=\"http:\/\/bitcoinist.com\" rel=\"nofollow\">Bitcoinist.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">Contemporary\u200b \u200bsocial\u200b \u200bmedia\u200b \u200bplatforms\u200b \u200bhave\u200b \u200bincreasingly\u200b \u200bbecome\u200b \u200bcorrupted,\u200b \u200bevident\u200b \u200bby\u200b \u200bthe\u200b \u200brecent\u00a0fake\u200b \u200bnews\u200b \u200bproblem,\u200b \u200bleading\u200b \u200bour\u200b \u200bculture\u200b \u200bto\u200b \u200bbiases,\u200b \u200bprejudices\u200b \u200band\u200b \u200ba\u200b \u200bserious\u200b \u200bneglect\u200b \u200bof\u200b <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/power%e2%80%8b-%e2%80%8bto%e2%80%8b-%e2%80%8bthe%e2%80%8b-%e2%80%8bpeople%e2%80%8b-%e2%80%8bong-social%e2%80%8b-%e2%80%8boffers%e2%80%8b-%e2%80%8ba%e2%80%8b-%e2%80%8bblockchain-based%e2%80%8b\" title=\"Power\u200b \u200bto\u200b \u200bThe\u200b \u200bPeople:\u200b \u200bonG.Social\u200b \u200boffers\u200b \u200ba\u200b \u200bBlockchain-Based\u200b \u200bSolution to\u200b \u200bFacebook\u2019s\u200b \u200bFake\u200b \u200bNews\u200b \u200bProblem\">[&#8230;]<\/a><\/div>","protected":false},"author":182,"featured_media":71082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-71080","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - 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