Back in the days of 2go, Facebook, and early Twitter, social platforms were all about connection but with no real rewards for the time we spent. Blockchain has changed that.
My first Web3 social experience was on Phaver, where user activity is directly monetized. More recently, I?ve been following Towns Protocol and the Boost ecosystem as they push this model further.
Phaver merges social engagement with on-chain incentives, rewarding both creators and active participants. Towns, on the other hand, acts as a programmable messaging layer offering encrypted on-chain memberships and customizable, governable ?Spaces? for communities. Boost adds another dimension, linking a token to engagement while gaining traction with its recent listing on Bitget and other exchanges, which has already sparked interest and trading activity.
Together, these projects highlight a trend: Web3 is transforming attention, creativity, and community into assets with real value. Whether platform tokens and shared ownership become the standard remains to be seen but the space is evolving fast, with plenty of experimentation (and volatility) along the way.
Do you think community-owned platforms will replace the old Web2 giants, or will both models coexist?
Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/-web3-engagement-platforms-are-becoming-a-real-deal/4786/
