Daniel A. Nagy: Decentralized Social Media Incentives | Swarm Orange Summit Madrid 2019

Wed, Oct 2, 2019, 12:00 AM

Daniel A. Nagy: Decentralized Social Media Incentives For years, the creative content creation was financed either by enforcing artificial restrictions on its – by now essentially costless – dissemination or by mixing it with advertizing messages so that consumers could only enjoy it while being exposed to unsolicited advertizing. Both models’ shortcomings are abundantly clear by now, but satisfactory decentralized, freedom-respecting alternatives have not yet displaced them. In my presentation, I will explore such alternatives and how our Swarm-based social media platform, Bee Free is going to facilitate their implementation in practice. The new possibilities opened by content-addressed distributed storage and the Ethereum blockchain can hopefully unlock the creative potential of content creators and help consumers find the kind of content that most interests them, while contributing to its creation and dissemination in meaningful ways. About Dani Daniel A. Nagy, Ethereum Swarm architect and developer. Has been active in financial cryptography since 2008 at ePoint Systems Ltd. of which he is one of the founders. PhD in applied mathematics from Queen’s University of Kingston, Ontario, Canada. Teaching Advanced Cryptography at ELTE Budapest University of Science in Budapest, Hungary.