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SOCIA

56 employees

SOCIA is a decentralized social media platform empowering knowledge sharing. Every day, over half the world’s population, 58.4%, spend an average of 2 hours and 27 minutes on social media. Yet, the attention, interactions, engagement and data that gets generated is monetized by a few centralized entities and their shareholders. This misalignment of incentives has led to the oneliner: “If the product is free, you are the product.” SOCIA is set to disrupt the social media industry by sticking to Web3 ethos and rewarding people for sharing their knowledge. It is focused on solving key design issues around aspects of Web2 social media platforms as we know them today, distributing incentives fairly across all stakeholders.

Basic info

Industry

Internet Publishing

Sectors

Internet Publishing

Date founded

2021

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