The number of existing social media networks is on the rise, the top 10 platforms hosting more than 500 million users. The influx in usage raises a new question, are the existing platforms well equipped to cater to the rising demand? The answer lies in the quality of services offered by the media today. Social networks fail in almost every service provision aspect, including security, quality, and privacy; these platforms give more problems than social media solutions. Apollo fintech CEO Stephen Mccullah brings a new solution, Stratus.
Stratus is a blockchain social media platform that merges services from all social networking in the same dashboard. It is the first social media platform to vouch for freedom of speech. Moreover, it will implant end to end encryptions to all transactions and communications. The forum will replace all networks by giving the services offered in the current social networks.
Facebook
Stratus is set to replace Facebook by introducing all features that make up the platform. Foremost, Stratus will feature the ‘friends functionality’ that has attracted millions of Facebook users. The friend feature will allow individuals to connect with people around them, including workmates and fellow students.
Moreover, Stratus introduces the group and page functionalities. These widen the reach of advertisers and influencers. Stratus also implants events functionalities; with that, users can inform their friends and groups of upcoming events and allow them to participate.
Amazon and eBay
Amazon and eBay are currently the most prominent online stores. For instance, the Amazon platform has over 300 million monthly active users.
Stratus implants an online buying platform akin eBay and amazon. The forum will provide the marketplace functionality where users will choose from thousands of products.
Influencers will get product endorsement opportunities and earn extra commissions in the process. Stratus, therefore, eases the shopping hassles and gives profiteering opportunities to its users.
Youtube and Tiktok
Youtube and Tiktok are today the best tools for marketing, entertainment, and education videos. For instance, there are more than 2 billion monthly active youtube users.
Stratus merges youtube and TikTok video functionalities. However, Stratus provides the best services by allowing content creators to yield maximum returns from their content by offering the VIP content option.
VIP content has a minimum fee charged per view. If an influencer decides to charge $1 per viewer, they will earn $1 million for a million views. This income is exceptionally high compared to Youtube’s profit rates of about $5 for every 1 thousand views. Influencers will enjoy the maximum airing time and maximum value of their content.
Instagram and Whatsapp
Instagram has a current usage of 1 billion people every month. Whatsapp, a Facebook company product, also enjoys a wide adoption of close to 1.6 billion monthly active users. The two platforms enjoy wide usage because of their best features.
Instagram, for example, has the stories feature used by close to half of its users. Whatsapp gives the options of direct messages, audio, and video calls, all of which streamline communication.
Stratus encrypts all communications; thus, all users interact freely without fearing leaks of their information. Aside from Instagram and WhatsApp features, Stratus will replace the platforms wholly.
Medium
Medium is a platform that allows users to post short articles about products. Various blockchain companies, including Apollo, use this venue.
Stratus will embed services similar to medium. It gives bloggers and influencers a platform to post their articles and advertise their goods and services. The forum will have a broad reach; therefore, many will access and read the educational articles. These blogs will focus on everything from medicine, technology, finance, e.t.c. Stratus will have a significant impact on the education sector.
Twitter
Twitter, as a social media platform, has features partly unique to it. Among the features is the hashtag feature. Hashtags are standard functionalities that aid in social media campaigns. They are codewords that begin with the # symbol. Stratus will feature the hashtag functionalities, and thus users will readily engage in social media campaigns.
Coinbase, Paypal, and Robinhood
Coinbase is currently one of the most popular crypto exchange platforms. Robinhood, on the other hand, gives users investment opportunities, including investment in gold and stock.
Stratus is reforming Coinbase by embedding a universal crypto exchange platform. The platform will allow any crypto users to exchange the cryptocurrency of their choice, including Apollo currency 24/7.
Apart from crypto investing, Stratus will offer fiat investment opportunities like Robinhood. Investors will get a chance of saving in stock, gold, and other assets. Unlike any other social media ecosystem, Stratus merges the features of PayPal to ease payments between individuals.
Conclusion
Stratus, the blockchain social media ecosystem, will unveil in the 3rd quarter of 2020. The platform features functionalities of the currently existing social networking systems. The hashtags, stories, groups, events, articles, and other features will attract billions of people to the ecosystem.
Stratus will manage to replace the existing platforms by ending all issues clouding the current systems. These include censorship and data selling practices. Since the platform’s basis is on the blockchain, it will enjoy the best blockchain features, including adaptive forging and database level sharding. These algorithms will increase the scalability of the blockchain and ensure the fast completion of communications.
