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Globally United Building a Web3 Social Platform to Bring Different Cultures Together

Bitcoinist
by Bitcoinist
Last Updated: December 15, 2022 8:57 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

There are several advantages to Web2 technologies, including ​​availability, variety, and user-friendliness. However, it is not without issues, such as equal access, information control, copyright, intellectual property, trust, privacy, and security.

The current form of the internet or Web 2.0 introduced user-generated content, and social media platforms like Facebook and Twitter came from there. These easy-to-use platforms introduced web-based sharing and simplified the process of sharing content with your friends.

Social media allows an unprecedented volume of personal, informal communication in real-time from anywhere in the world. Centralization helped onboard billions of people to the Internet, but now, only a handful of giants control these platforms, which unilaterally decide what should and should not be allowed.

Over the recent years, de-platforming and censorship have ramped up drastically. As the debate over free speech intensifies, it bolsters the case for open internet standards.

Here’s where Web3 can bring much-needed change through its open and decentralized nature, which promises to give back control to users. Built on these foundations, Web3 social media networks can support social networking, content sharing, in-platform transactions, rewarding users, and end-to-end encryption.

A Web3 social media not only provides means to circumvent censorship but also revenue-generating opportunities for users. However, the only way to make a Web3 social media platform fully censorship-resistant is to record all the posts and interactions on the blockchain, which will attract a gas fee for every user interaction.

Globally United is one such platform founded in 2020 with a vision to connect cultures via the user-oriented Web3.0. The project believes that uniting the world is the first step to making it a better place.

A Game-Changing Post-to-Earn Social Media Platform

Built on the Ethereum blockchain, the decentralized social media platform allows users to create and share content, connect with people from different cultures and countries, and earn money in return for their activities on the platform.

The platform is harnessing the power of blockchain to unite cultural spaces beyond geopolitical borders in order to foster positive environmental and social impact. It combines both travel and social media to achieve its mission. Users will be able to travel, share experiences, explore new cultures, meet locals, unite, and do extraordinary things together.

Global United is the first-ever Post-to-Earn social media platform that offers non-fungible token (NFT) Integration. This combination of NFTs and social media will create opportunities for explorers, creatives, and locals to economically benefit from the ever-growing Globally United ecosystem.

Simply put, Unlike centralized social networks with unfair monetization policies that keep changing with time, Global United is building a network that creates value for cultures where content producers get paid transparently and securely.

With its set of amazing features and tools, the platform will help create an authentic image of the world by giving everyone a platform to express their cultures and traditions realistically.

Globally United Market Potential

Global United’s first-ever Post-to-Earn (P2E) Travel and Cultural social media platform operates on an open economy financial model, giving each user an opportunity to be a part of the ever-growing ecosystem of Globally United.

By targeting the travel sector, the project aims to disrupt the $1.5 trillion global travel industry, which is further expected to grow over the years. The project can be really beneficial for the Global South and can take in politically and economically marginalized continents and territories that haven’t been targeted in the past.

Meanwhile, the global social media network is expected to grow steadily at a compound annual growth rate (CAGR) of 32%, from $94.83 billion in 2020 to nearly $309 billion in 2025.

As for the market size of NFTs, which took the world by storm in 2021, it is expected to grow by $147.24 billion from 2021 to 2026.

Currently being used as digital collectibles, NFTs’ use cases go far beyond covering fashion and wearables, gaming, DeFi, events and ticketing, digital identity, advertising, real estate, fantasy sports, supply chain, voting, metaverse, and community platforms. NFTs’ usage in arts is just the beginning.

NFTs are also part of Global United’s multicultural matrix featuring characters like a globetrotter, backpacker, wanderer, explorer, commuter, vacationer, sightseer, vagabond, wayfarer, nomad, jet setter, excursionist, rover, voyager, itinerant, camper, digital nomad, eco-tourism, holidaymaker, roadie, and virtual traveler.

This decentralized platform aims to provide an alternative to centralized social media oracles such as Facebook, Instagram, and Twitter, along with TripAdvisor from the travel sphere. In the NFT space, the platform is building a more user-friendly alternative to OpenSea, NiftyGateway, and Rarible.

Global Revolution

The Global United is the product of shared awareness that, despite the amount of travel possible today and the amount of information available, a large percentage of the global populace remains profoundly misinformed about the cultures and customs prevalent in different parts of the globe.

With its platform, Global United aims to reach out and connect people all around the globe through a Social Web3.0 that is decentralized, censorship-resistant, and scalable. Blockchain technology is leveraged to create a social media ecosystem that rewards users for their contributions while ensuring the privacy and security of data.

Users here will be rewarded in the Globally United Coin (GU Coin), the native currency of this Global Revolution, as well as in fiat currencies.

The economic, political & cultural divide led to the birth of GU Coin, an ERC-20 token that will power its entire ecosystem by uniting cultural spaces beyond their geopolitical borders through various exciting features like our Post-To-Earn mechanism and Experience Marketplace.

To help the project grow, Globally United will invest back into the platform by converting all profits generated through platform services into the GU Coin and its Foundation. This, in turn, will raise the value of its coin and protect it from future volatility whilst also giving back to communities.

Besides this, the platform will also run monthly audits, which will be done by the Big Four, to maintain maximum transparency, security, and loyalty so that together a more fair, educated, and accessible world can be built for all.

Currently, Global united is in Beta Testing and only accessible to Beta testers. You can join its waitlist by submitting your email to ensure your contribution to uniting cultural spaces beyond geopolitical borders to create economic possibilities.

 

 

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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