Persystic (PSYS) token seeks to rewire the social network system
Social media mixed with the internet has helped in bringing the world closer. Like-minded people can now contact each other more easily than ever before, regardless of where they are physically located. Over the past decade, popular social media platforms like Facebook, Instagram, and Twitter have transformed from merely entertainment venues to becoming an integral part of the daily routines of the communities they serve. Unlike these platforms, social media tokens such as Persystic (PSYS) have come to correct the challenges facing the social media industry.
The industry will undoubtedly be disrupted by cryptocurrency and blockchain, but will traditional social networks still be useful in the future? The full impact of the disruption and what will happen to conventional social networks won’t be known for some time.
To this, the article discusses two cryptos (Solana and Persystic) set to restructure the social media industry.
As it stands, the Solana (SOL) blockchain protocol is currently serving as a platform for the building of social media support tokens. There are social media projects such as “Solcial” currently going on the Solana (SOL) network, aimed at decentralizing the social media industry. As an open source project, the Solana (SOL) protocol encourages the decentralization of almost everything including but not limited to decentralized finance (DeFi) and decentralized App (DApp).
The Solana (SOL) network is typically known in the crypto world due to its short processing time as a result of the reduction in validation time and Smart contract execution transaction. This has created institutional interest in adopting the Solana (SOL) blockchain. Its social media project aimed at closing the gap between current centralized social media and decentralized cryptocurrency concepts.
Solana (SOL) social media support projects seek to provide communities with a location to congregate where they can stay as long as they are stored on a chain. Hence, protecting the communication flow for everyone.
Persystic (PSYS) is a native BSC-compatible BEP-20 token. The Persystic (PSYS) platform serves both as a token and as a social network that
allows users to connect and create communities based on democratic ideals and the freedom to express themselves.
Persystic (PSYS) ecosystem includes pioneering privacy policies and incorporates ideas from the most well-known social networks, in addition to introducing a fresh revenue model.
The centralized and monopolized system of the conventional social networks has created concern in blockchain technology and this has led to the creation of the Persystic (PSYS) token, as a solution to the challenges that have plagued social media. Some of the issues plaguing social networks include unequal monetization techniques, privacy worries, government censorship, security issues, and the spread of false content.
The Persystic (PSYS) inventors admit that using a paradigm that makes use of distributed ledger technology, specifically, blockchain technology, will be the most effective method to address the problems that traditional social networks are currently experiencing.
In addition to bringing about freedom in the social network industry, the Persystic (PSYS) also aims at boosting social media network accessibility so that content creators and consumers may take advantage of more lucrative commercial opportunities.
Persystic (PSYS) offers a lot of bonuses to buyers in different forms. 9% bonus if you buy with Ethereum (ETH), 10% bonus if you buy with BNB/BSC, 50% bonus for buying within 15 mins of signing up, and 5% if you buy at the first presale stage.
As far as we know, the primary motivation behind the creation of cryptocurrency was to decentralize financial transactions. Its popularity has led to the further decentralization of NFTs, smart contracts, and games, including social media.
Persystic Token (PSYS)