Mecasso solves the following problems for content creators and consumers -
For Creators -
Content Creators can create a Community with participation from their fans/supporters and raise capital for publishing content
Existing creator credentials (subscribers, likes, followers, views) from Web 2 social media such as Youtube, Instagram, Twitch, TikTok etc. is carried over to Mecasso
Likes / Dislikes (Charms - Mecasso equivalent of a like) are recorded on a public blockchain and cannot be tweaked (Ex – Youtube removing dislikes)
4.Content is hosted on a peer-to-peer platform (IPFS) so free from censorship
For Consumers -
Community Members can have a participatory role in their favourite creator's community. They can vote on Proposals to determine outcomes and reap financial benefits with the growth of their community. There are currently 4 types of Proposals
-Increase Maximum Token Cap of Community DAO
-Issue a Community created NFT
-Donate to a Social Cause as a Community
-Any other Financial Proposal
Non-voting community members can support through charms(likes) which are recorded on blockchain visible on Creator’s dashboard. They can be used to track engagement in and immutable manner
Rewards can be incorporate for communities in future by lending DAO tokens to DEX platforms like Balancer, Uniswap, etc.
We had trouble intergrating Superfluid for charm tokens (Mecasso's version of facebook /insta likes) and finally gave up
Technologies used
Discussion