I was going through price action of Theta (youtube like video network connected to the blockchain) and Decentraland (online metaverse). At the same time I was using camfrog and thinking about what it would be like for each camfrog account or facebook account to have its own secret key connected to a blockchain.
Users could store profile information connected to their account on the blockchain. This may mean that there could be no private profiles. Virtual gifts could be stored on the blockchain and coins could be transferred between accounts to help distribute or gather funds.
A social network or group video chat app could benefit from having a blockchain. Accounts linked to secret keys and profile content stored on a blockchain could be worthwhile. While account registration could be free similar to how secret key generation is free, unlocking network features could require purchasing coins/tokens. These coins/tokens could be easily transferred between accounts.
Integrating email accounts or phone numbers to connect to a secret key could make crypto-currency more usable by non-technical users. Mapping a secret key to an email address or phone number could make the social netowrk similar to WhatsApp for messaging and content transfer.
If you are interested in taking me on as an advisor or information architect for creating social networks with integrated blockchains, you can email me at: stevebayerin@gmail.com
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