Own, a new social networks app, aims to tokenize the developer economy
Own is the current option to TikTok to emerge in the market, featuring blockchain technology and a token economy.
Most significantly, content creators on the app can make profits without any minimum requirements for follower count or post count. ‘We’re tokenizing the developer economy in a way that rewards developers fairly while developing consistent buy-side demand for the token on the open market, which contributes to long-lasting rate resilience and sustainability,’ he stated. The app assures that creators can earn up to 50% more than on other platforms.
Most especially, content creators on the app can make earnings without any minimum requirements for fan count or post count. ‘We’re tokenizing the developer economy in a method that benefits developers relatively while producing consistent buy-side demand for the token on the open market, which contributes to long-term cost resilience and sustainability,’ he said. The app assures that creators can earn up to 50% more than on other platforms. Developers benefit most from Own Shops, keeping 95% of the revenue while Own takes just 5%. For example, developers can resell their content to brand names for use in marketing projects and earn 90% of the earnings, while Own takes a 10% cut.
