"Steemana" - A steem and Solana Blockchain-powered Social media platform
I have an idea for making a platform powered with steem and Solana Blockchain. This will be a social media platform which will probably help to boost both platforms a good push and pump.
My idea is about a Social Media Platform with Integrated DeFi Features:
Where the things will be same just like steemit:
Social media platform where people may:
Create and share content.
Earn cryptocurrency rewards for creating engaging content.
Use these rewards to participate in DeFi activities,
Such as converting them in to "steem" and "sol".Interact with other users through comments, likes, and shares.
There will be the option to tip or reward each other with cryptocurrency.
For the platform I have some kind of logo designs in my mind:
(These are ideas still, not proper work started)
Combining Steem and Solana for a social media platform can bring together the best of both blockchains.
Concept:
"Steemana" - a decentralized, community-driven social media platform that leverages the strengths of both Steem and Solana.
Key Features:
Content Creation : Users create and share content (posts, videos, images) on the platform, similar to traditional social media.
Steem-based Earnings and Reputation System : Users will earn tokens of the platform (e.g., STM, STD, STP) as well as reputation system, for getting higher votes.
Solana-based Micro-Tipping : Users can tip each other with small amounts of "SOL" for creating valuable content or for providing helpful feedback.
Cross-Chain Interactions : Users can interact with each other across both chains, enabling seamless communication and content sharing.
Decentralized Governance : A decentralized governance system, utilizing Solana's fast and scalable blockchain, enables the community to propose, vote on, and implement changes to the platform.
Combining Steem and Solana:
By combining these two worlds we can use steem posting system, and solana's micro tipping and scalability. This will help users to get to know both platforms more, like when the users will tip each other in the form of steem and sol, this will enhance the purchasing and selling ratio of both coins.
Then I was thinking about wallet, and what kind of solution it can be for a wallet. Do the wallet must be on the single webpage or it will be another webpage just like steemit. And here's what I thought:
Wallet Solution:
To provide a seamless user experience, the wallet solution options are as below:
Integrated Wallet
Develop a custom wallet that integrates both Steem and Solana accounts, allowing users to manage their assets and interact with the platform.
Post Rewards:
Custom Tokens as points : We will Introduce custom tokens as points for the platform these points will be easily converted to steem and Solana for the ratio. Ratio may be different for steem, and for Solana. (e.g., STD, STM, points) The STP will be power base system and can be converted into STM after a month. These points can be used within the platform, providing users with a unique reward mechanism.
Reward Structure:
The reward structure could be designed to encourage high-quality content creation, engagement, and community participation:
Points Tokens Structure:
For the custom points all over the platform, we can introduce a tokenomics system similar to STEEM, with three main token types:
- Steemana Power (STP): A token representing the user's influence and reputation within the platform. STP can be used to vote on publications, with the voting power proportional to the user's STP holdings.
- Steemana Dollar (STD): A liquid token that can be transferred, sold, or used to purchase services within the platform.
STD can be earned through various activities, such as creating content, engaging with others, or participating in community events. - Steemana (STM): A vesting token that represents a user's long-term commitment to the platform. STP can be earned through consistent participation and contribution to the platform, and can be converted to STM after a certain vesting period.
Publication/Post Reward Procedure:
There will be so much ideas, and I will grateful to read in the comment section below.
To get rewarded for a post, users can follow these steps:
- Create and Publish Content: Users create and publish high-quality content on the platform.
- User Voting: Other users vote on the publication using their STP tokens. The voting power is proportional to the user's STP holdings.
- Reward Calculation: The platform calculates the reward for the post based on the number of votes, the voting power, and the publication's quality score (determined by factors like engagement, comments, and shares).
- Reward Distribution: The reward is distributed to the content creator and curators in the form of STD & STP tokens.
Additional Factors or Features:
We can add these things more, to ensure the integrity and quality of the platform: such as:
Quality Score: A quality score in the form of stickers, (✅ ❌ 💯 etc) can be assigned to each publication, based on factors like engagement, comments, and shares.
Voting Weight: Voting weight can be adjusted based on factors like the user's STP holdings.
Anti-Gaming Measures: Measures can be implemented to prevent gaming the system, such as vote manipulation or spamming.
Separate Webpages (Wallet and Platform)
Here are the Benefits:
Simplified Development and Maintenance: Developing separate webpages for the wallet and platform can be less complex and more manageable.
Improved Security: Separating wallet and platform functionality can reduce the attack score and improve overall security.
Clearer Navigation: Users can focus on specific tasks, such as managing their wallet or interacting with the platform, without distractions.
Transactions and history users can easily transact their (STP,STD,STM) points within the platform, and see their transaction history.
Connecting the wallets Users can connect with steemit wallet through extension like Steem Keychain, and connect the solana wallet with extensions like Phantom. To give tip to others.
Market where users can trade their Steemana points for steem and Solana. By putting values, bidding and giving the addresses every time.
Account Creation Procedure on Platform:
Email Verification: Users provide a valid email address and verify ownership through a confirmation email.
Username and Password: Users create a unique username and platform will give strong password, after that they must save that password.
Wallet Creation: Upon account creation, a unique wallet address is generated for the user, allowing them to store and manage their Steemana tokens.
By getting all this we can easily understand the User Requirements.
As well as I am avoiding the factor to launch new cryptocurrency because there is so many things to deal with. Like tokens economics, Blockchain selection, Token generation event, listing the tokens on exchanges, etc. I want all this stuff done, and it is done already with these two tokens steem and Solana. Just we have to match them up.
So I thought a solution which I briefly shared above and again:
We can create a tokenized reward system, where users earn platform-specific tokens/points for creating content, engaging with others, and contributing to the community. These tokens can be redeemable for other cryptocurrencies like Steem and Solana or used within the platform for premium services.
Layer of platform:
The platform can be built on top of the Solana blockchain, utilizing its fast and scalable architecture. Then there are options, we can use direct (Layer 1 Solana Blockchain), we can use (layer 2 Solana program library).
There is an end of my post. I have just worked on an idea and I hope you all will like this. Maybe I have missed many things you can fill the comment section for the purpose.
I wanted to add that the name is still a mixture of steem, and Solana, there can be good name we may have changes to the name if the projects gets started.
Here is the post, and if this project gets selected I will start trying to show up what I wrote through edited images version. I didn't touch the image and visuals for now, it was just to work on an idea. And I given it.
Let's see who liked it most.
Honorable mentions:
@xpilar,
@hungry-griffin,
@rme
@alexmove.witness
@stmpak.wit
@boylikegirl.club
@steemchiller,
@the-gorilla.