NEWARK, DELAWARE, UNITED STATES – 12th August, 2021 – Weownomy is a new personal social media platform that has pioneered the concept of “user owned social network.” In the world of social media, it is increasingly difficult for content creators to make money. With recent changes in Facebook’s algorithm, and with a lack of any real solutions to this problem, many content creators are turning to other platforms that offer more revenue-generating opportunities.
Social media has been evolving rapidly, yet there are still some aspects of the traditional social media that many users find undesirable. One is how centralized social networks have all the power in deciding what content gets to be seen by who and when. This is a problem because it means that they can censor or promote certain information based on their own agenda. In addition, these companies are notorious for using personal data collected from their users to earn profit without compensating them for it at all.
How Social Media Is Shaping Our World
In this article, we’ll look at the basics of social media and how it has changed our world. For many people nowadays, social media is not just a tool for staying in touch with friends and family or organizing events: it’s their primary way to communicate.
In the modern world, it is hard to imagine a person who does not use social media. This technology has been so deeply ingrained in our lives that we have come to accept its benefits and drawbacks as inevitable features of this new reality. However, these innovations are also shaping our culture, society and future at an enormous rate.
We all know that social media is big. What we may not realise, however, is how it has taken over our lives and culture in such a profound way. It’s become the number one activity on the internet and now almost 80% of companies use it for work purposes. There are some downsides to this phenomenon as well though – privacy concerns being one of them – but there’s no denying that it has been hugely influential to our world in recent years.
Social media has had a profound impact on our world. A 2014 study found that 45% of Americans say they would rather give up television than giving up their mobile phone. The average American spends more than four hours per day on social networks (that number is even higher among teenagers). With this many people spending so much time online, it’s no wonder that Facebook alone reaches 1.6 billion monthly active users as of December 2017 and counts for 17% of the entire U.S. population
Social Media is Exploding: Here’s What You Need to Know
Social media is a booming industry. What’s more, the global social media market size is expected to grow from 94.83B USD in 2020 to 308.96B USD by 2025, with a CAGR (Compound Annual Growth Rate) of 32%. The major growth factors are more focused on competitive intelligence and increasing user engagement of social media using smartphones.
The use of social media is exploding and there are many reasons for this. Social media offers a way to communicate with people all over the world, and it’s becoming increasingly easier to do so on your phone. Facebook has over 2 billion monthly active users as of 2018, while Twitter has an estimated 326 million monthly active users in 2019. Other popular platforms like Instagram have 600 million monthly active or daily users in 2018, and Snapchat had 191 million as of January 2019.
Social media is a worldwide phenomenon. It is so much more than a trend or fad, it has now become the major way people interact with one another and gather information. It seems like everywhere you look there are individuals on their phones, looking at social media feeds. But what exactly does this mean for us? What do we need to know about social-media in order to make informed decisions? How can we understand how big of an impact it will have on our future lives?
Why Weownomy Is The Best Social Network.
Weownomy is a personal social network which allows users to earn money by completing tasks and performing offers. This innovative idea allows people who are not rich to enjoy the features of the social media that other people take for granted. The user-friendly platform connects users with different brands, and you can complete any task or offer they provide in order to make some extra cash.
The social media market is huge and so is the number of people who use it. Weownomy, a personal social network has been created to provide users with an alternative to centralized networks like Facebook. Unlike these, Weownomy offers rewards for using it.
In today’s world, social media is a must-have for anyone who wants to stay connected with friends and family. However, many of the most popular social networks are centralized which means all information provided by users is stored on servers owned by these companies. This includes Facebook and Twitter among others. The data collected from users’ posts can be used for advertising purposes or to create statistics that show how many people visit certain websites. What if there was an alternative? Weownomy personal Social Network offers a true user owned personal income alternative.
Facebook is a very popular social media platform that many people use to connect with friends and family. However, Facebook is based on centralized servers where all the information provided by users are stored. The problem with this approach is that it gives advertisers access to valuable data and allows them to make money from ads they sell based on statistics of their user base. Weownomy offers an alternative solution for those who want privacy and rewards while still being able to communicate with others in a social network environment.
The Biggest Concerns With Centralized Social Media.
• The centralization of social media has many disadvantages for the users. One major concern is that people are being used as products and not customers. Facebook, Instagram, Snapchat, and other centralized social media sites have gathered troves of data on participants who then unknowingly end up selling their own product to advertisers through targeted advertising. Another major concern with centralized social media is privacy: while it should be a way to connect people together in this day and age, instead these companies use the information they gather.
• As more and more people use Facebook, Twitter, Snapchat, Instagram and other centralized social media services to connect with friends and family around the world, it’s important to remember that these companies are not providing a service. Rather they are “products” sold by large corporations who profit from their users’ data. A major concern about the centralization of social media is that users are not customers.
Social Media Companies Sell User Data to Advertisers.
The rapid rise of social media has made it easier for advertisers to target their audience, as they have access to the data that these companies collect. With centralized social media applications like Facebook, Instagram, LinkedIn, Twitter, and YouTube; advertisers are the customer and user data is the product. This information allows them to build a profile of users based on things such as where they live or what interests they have.
Social media companies are in the business of selling user data to advertisers. This is done for a variety of reasons, but the main one is that it’s how they make money. For example, Facebook makes $6 billion from advertising alone. Advertisers are not just companies that want us to buy their goods and services, but also ones that want us to think a certain way about a political candidate or social issue so that we’ll vote a certain way.
It’s no secret that social media companies sell user data to advertisers. But, it is a little known fact that the data they’re selling isn’t just from what you post and share on their platform; it’s also from your “friends” list. This has allowed advertisers to find out who your friends are, even if you don’t have them in your network of contacts, which then allows them to advertise more effectively towards you.
Weownomy Aims to Decentralize the Social Media Market.
Weownomy is a user owned platform solution to centralized problems. For many years, developers have been working on decentralized alternatives to centralized social media. These decentralized alternatives are not owned by major companies. Because of that, they don’t have shareholders whose interests might not be aligned with those of users. They also don’t store data on those centralized servers that create an irresistible target for hackers.
Weownomy is a new project that aims to decentralize the social media market. The company founded by Ssemakula Peter Luyima as one of the best alternatives to bring complete decentralization with user owned social network.
The use of social media has become an essential part of life. The modern world is more connected than ever before and the only way to keep up with friends, family, or any kind of information is through a social media account. Weownomy was founded as one of the best alternatives to bring complete decentralization with user owned social network. With Weownomy, anyone can monetize personal data and earn incentives for simple online activities such as share, like, comment or even add friends.
About Weownomy Platform Corporation
Weownomy Platform Corporation, Incorporated in the State of Delaware https://weownomy.global is launching a subscription based, open and participatory platform. A new redefined social network that facilitates people’s participation in the democratic process of defining their own rules for their future, generating an ownership structure where every person has rights to share in the proceeds generated by this new economy and hence true economic equality.