As text based social media becomes irrelevant, urFeed’s video-first experience on the Solana mobile will bring more engaging experiences directly to consumers. urFeed, a web3 alternative to Twitter spaces and TikTok where users earn rewards and token-based ownership, announces they are building for Solana Mobile.
urFeed provides the kind of rich multi-medium & multi-format user experience of the current mainstream social platforms; while giving users the opportunity to share in the value created and have a say in how the platform is run.
The Web3 space has been known for its clunky user experiences and urFeed’s powerful combination of video and mobile aims to change that. The platform wants to be the social home for growing Web3 communities, while giving an easy introduction for mainstream users by providing easy onboarding for newbies.
Social media has been one of the most important drivers of growth and usage on the internet and mobile, and many believe that it will be an essential part of driving adoption into the new world of Web3.
Gareth Ingham, urFeed's co-founder & CEO, says:
"The average user spends 2 hours and 27 minutes a day using social media. It's a core part of our lives, so users need to have a say in how these platforms are run and get a share of the value they create."
"But that cannot be at the expense of user experience, so we are building urFeed to be a rich video-first content experience for newcomers to Web3 as well as the early adopters".
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Twitter. TikTok. YouTube. Twitch. Instagram.
Most social platforms are focused on the minimal possible share of income they can give to creators, to keep them creating content for their platform and value for their shareholders.
None of them allow creators to truly enjoy the fruits of their labour by sharing in the ownership.
urFeed will let creators take part in the true value by becoming ‘owners’ not remaining ‘employees’.
Forbes.com reported “It takes content creators an average of six and a half months to earn their first dollar and 59% of burgeoning creators haven't even monetised their content yet”.
Abhinav Gaur, urFeed's co-founder says, "We have a clear mission at urFeed: to create value for the creators and our users. Everytime they use the platform to host a Live Show the creator, guests and the audience all earn a share of ownership in urFeed. On top, we do not take a share of any revenue directly generated by creators on things like subscriptions”.
The urFeed app on the Solana Mobile phone unshackles the platform’s full functionality from the restrictive policies of major phone manufacturers, who have taken a very narrow view with Web3 Apps, and enables them to provide more value to creators by removing the 30% tax on their digital revenues.
In his predictions for 2023 Anatoly Yakovenko the Solana founder predicted that “text social media becomes irrelevant, everything is video” so urFeed’s video-first experience on the Solana mobile is a perfect match.
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urFeed lets users browse videos from creators or join multi-user Live Shows, all of which is measured, recorded, and rewarded; giving users coins for participation and hyper-rewarding creators for content creation. In true, Web3 fashion, users can also use their NFTs as AR filters, to go-live on streams as their NFT or just staying un-doxxed.
They have also partnered with Livepeer a decentralised video provider and through this partnership urFeed will develop a range of additional Web3 video features to give more control and power to users.
urFeed believes that social media, community, and communication platforms are the online countries of the modern age. They are too important to be controlled and run with the goal of creating value and benefiting the few.
urFeed aims to be the next evolution of social media - user-owned and controlled, creating real value for all users”.
“We understand how important the early supporters & users are to any social platform & our community & creator grant program, boosted incentives & collectible avatar enable us to reward these early supporters”.
Gareth Ingham, urFeed's co-founder & CEO
The community and creator grant program is available for hosts of Live Shows and video creators and you can apply directly via the website.
To showcase their AR filters, urFeed will be launching a collectible avatar called “p3ople”, early users can apply to get one of the 10,000 limited editions avatar for free allowing them to own a piece of urFeed history.
A Web3 social platform like urFeed that gives users ownership, control over data and the ability to vote on major platform decisions, while creating new incentives for creators and rewarding their community has the potential to transform social media, creating an exciting new model.
To get started on urFeed and become an owner, join today via www.urFeed.xyz.
