Ditok introduces a platform for short videos that combines SocialFi and DeFi, shattering the social constraints of earlier platforms for short videos. Users can increase their social rewards by posting content and participating in more social interactions, according to the Social to Earn incentive mechanism.
The popularity of NFT and GameFi can be referred to as “the new era after the millennium,” since virtual currency technology is becoming increasingly sophisticated with the advent of blockchain in recent years. The metaverse’s products will also shape the overall future trend, continue to influence the storylines of earlier science fiction films, and chart the development of cross-era technology.
Ditok mixes SocialFi and GameFi components on a blockchain foundation, increasing network users’ interest in social networking. In addition, users’ security and privacy can be better ensured because to blockchain’s decentralized nature.
By enabling issuers to gain from directly interacting with participants via social tokens, SocialFi is an effort to DeFi the social economy. Simply put, social activity “blockchains” are combined with decentralized technology, or social media and DeFi (decentralization). Users can engage in blockchain-related activities like mining and earning money through social media interactions, transitioning social media from WEB 2 to WEB 3. Decentralized technology enables people and organizations to create a mutually centered transformation process. Individuals can also obtain economic value since they are no longer denied the full benefit of centralized “big sharks”
Launching the web3.0 short video platform was spearheaded by Ditok. Like the recent advent of WalkToEarn By Step’N, which enables users to earn money while walking or moving, the Web 3 innovation revolution has transformed into an ever-present “personal application.” Even a basic APP may be used to pledge mining, trade currencies, and other things.
he goal of Ditok is to establish a unicorn in the blockchain social space. Due to technical limitations, a lack of user participation, an immature economic model, and numerous other problems, Ditok has developed a more creative agreement and continuously introduces features that are more in line with user habits.