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❕NEWS Reddit Co-founder Plans Investing $100Million In Social Media On Solana

De-rector

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Solana blockchain is platform that Alexis Ohanian, Reddit Co-founder is planning to unveil his Decentralized social media, talks are already on going with the SOlana co-founder Raj Gokal as regards this project. The project will be funded with $100 million and from his venture funds called 776.
Share your opinion on this development.
 

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This seems a high project with this kind of high funds. But I wonder what the social media will be all about, would there be any avenue for money making
 

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Hmm, that would be nice for both the developer and users of said platform as they need the fund to add more features and develop the sites.
 

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This seems a high project with this kind of high funds. But I wonder what the social media will be all about, would there be any avenue for money making
Absolutely reddit is already making money from our engagement and already if all things being equal the karma points will not be converted 2 cryptocurrencies so this might be the reason why he's working on decentralized social Media platform.
 

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Absolutely reddit is already making money from our engagement and already if all things being equal the karma points will not be converted 2 cryptocurrencies so this might be the reason why he's working on decentralized social Media platform.
Okay I get it now then they is no issue he should go ahead with the program. Whatever will bring good benefits to users I'm all for it and this might just be it
 

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Okay I get it now then they is no issue he should go ahead with the program. Whatever will bring good benefits to users I'm all for it and this might just be it
These guys are making money from online activities so before they invest any amount of money in any project they are very optimistic of making good return of investment.
 

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The project looks very promising ,I guess investing such amount of money in the project shows some optimism and another way to spread the awareness about the coin
 

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$100 million is a lot of funds and if he is investing such on this new project, then, it must be one hell of a project and something to look forward to. If he could have helped found such a successful platform like reddit, he could readily replicate such in the new project.
 

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$100 million is a lot of funds and if he is investing such on this new project, then, it must be one hell of a project and something to look forward to. If he could have helped found such a successful platform like reddit, he could readily replicate such in the new project.
Yeah that's the thing there ,I think he invested such amount of money to increase the amount of gains he could make , Solana is also a promising coin that could fetch him more income on the long run , he just want to diversify his investment units ,that's why he invested in other projects that also looks promising like the one he is involved in
 

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Solana blockchain is platform that Alexis Ohanian, Reddit Co-founder is planning to unveil his Decentralized social media, talks are already on going with the SOlana co-founder Raj Gokal as regards this project. The project will be funded with $100 million and from his venture funds called 776.
Share your opinion on this development.
I think that a decentralised social Media platform is a very good idea because there is a lot of concerns about privacy when it comes to utilising Facebook and Twitter and other social media platforms and therefore if there is a decentralized one people are a lot more accepting to it because they are not being tracked constantly.
 

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I think that a decentralised social Media platform is a very good idea because there is a lot of concerns about privacy when it comes to utilising Facebook and Twitter and other social media platforms and therefore if there is a decentralized one people are a lot more accepting to it because they are not being tracked constantly.
You're absolutely right though I'm personally waiting for how a decentralized social media engagements will be and how best we can utilise it and also get reward from the activities. everybody loves privacy so I believe it this company is able to do their homework very well a lot of people will divert into the Reddit decentralized social media platforms.
 

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You're absolutely right though I'm personally waiting for how a decentralized social media engagements will be and how best we can utilise it and also get reward from the activities. everybody loves privacy so I believe it this company is able to do their homework very well a lot of people will divert into the Reddit decentralized social media platforms.
Perhaps there will be a way in which you will be able to earn either from the content that you create on that social media or even by the interaction that you have with the post of other people in terms of actually liking their content like this forum actually. This could serve as a social media now that i think about it.
 

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Perhaps there will be a way in which you will be able to earn either from the content that you create on that social media or even by the interaction that you have with the post of other people in terms of actually liking their content like this forum actually. This could serve as a social media now that i think about it.
Of course because I read somewhere that the platform is working on converting the Karma point to cryptocurrencies such that the point you're having will now have value so obviously there decentralized social Media platform will follow the same pattern which is going to be a very good one two cryptocurrency enthusiast and social media entertainers.
 

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I think that a decentralised social Media platform is a very good idea because there is a lot of concerns about privacy when it comes to utilising Facebook and Twitter and other social media platforms and therefore if there is a decentralized one people are a lot more accepting to it because they are not being tracked constantly.
It would be great if this new project is able to fix all those lapses we see with Facebook and some other social media platforms. Having absolute control over the data I share and how it's been used would be a dream come true in the world of social media.
 

AudraMiller

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It would be great if this new project is able to fix all those lapses we see with Facebook and some other social media platforms. Having absolute control over the data I share and how it's been used would be a dream come true in the world of social media.
I think that if there is such a social media that is created then it will put a lot of pressure on all of the other social media that we have at the moment because people will be switching and therefore in order to retain their users they will need to address all of the privacy issues that may arise as well.
 

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Solana blockchain is platform that Alexis Ohanian, Reddit Co-founder is planning to unveil his Decentralized social media, talks are already on going with the SOlana co-founder Raj Gokal as regards this project. The project will be funded with $100 million and from his venture funds called 776.
Share your opinion on this development.
It's high time I look towards reinvesting into this Solana coin, I witnessed the pump and there was no way I could enter or invest because it was kindoff looking late and it's not advisable to rush into a coin without getting your facts from research.
With this information we should expect the best.
 

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It's high time I look towards reinvesting into this Solana coin, I witnessed the pump and there was no way I could enter or invest because it was kindoff looking late and it's not advisable to rush into a coin without getting your facts from research.
With this information we should expect the best.
If you want to do it you actually invested in this cryptocurrency coin then I think that you should make that decision relatively soon because it seems that with time passing by the cryptocurrency coins are getting more out of reach of a lot of people and also you are missing out on potential profits that you could be generating.
 

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