Revolutionizing Social Media Control
In an innovative twist on the social media landscape, two heavyweights from academia and finance are teaming up to launch Revolution Populi. The brainchild of David Gelernter, a Yale professor most known for his game-changing work on Mirror Worlds, and Rob Rosenthal, a seasoned Goldman Sachs veteran, this new platform aims to put the reins of data back into users’ hands. No longer will you need to wonder who’s peeking into your private information!
Blockchain: The Game-Changer for User Privacy
So, what’s the secret sauce behind Revolution Populi? It’s blockchain technology! This decentralized structure not only promises enhanced security but gives users complete control over their data. Gelernter and Rosenthal envision a social media experience where users decide what information to share and with whom. It’s like having the control of a remote, but instead of changing channels, you’re changing how your personal data is shared!
A Decentralized Database: What Does It Mean?
According to Rosenthal, one of the standout benefits of blockchain is its decentralized nature. He quoted,
“First of all, it’s decentralized. You can create a decentralized database that’s owned and governed and controlled by nobody except for the users.”
This means users can democratically govern their data, breaking free from the clutches of giant tech companies that monetize information without consent.
Earn While You Share: The Role of Smart Contracts
In a world where data is often exploited, Revolution Populi aims to flip the script. By using smart contracts, users can control who gets access to their data and even earn some cash by sharing it with third parties. Think of it as a new-age barter system, where your bits of info can pay your bills!
Initial Coin Offering and Future Ambitions
The ambitious duo isn’t stopping at just a social platform; they’re gearing up for an initial coin offering (ICO) to support their cryptocurrency that will power Revolution Populi. While still in developmental stages, Gelernter and Rosenthal have set their sights on launching in early 2020. Could this be the dawn of the new social media era?
The Market Landscape: Competing with Giants
In a world dominated by a few major players, Revolution Populi is making waves. Recent acquisitions in the tech space, such as RSK’s subsidiary’s purchase of Taringa, remind us that social media is evolving. Revolution Populi is entering the scene as a contender, ready to win over users seeking privacy and autonomy.