Maxim Tsaryk (ASK.fm)
Crypto Valley Conference 2018 · June 2018 · 4:18
Maxim Tsaryk of ASK.fm gives a short lightning talk at the 2018 Crypto Valley Conference, bringing a mainstream consumer social app founder's perspective to the blockchain stage. The brief session touches on what building a large-scale consumer product teaches about the barriers facing blockchain-based social platforms. Specific technical content beyond the speaker's background is not detailed in the source material.
Speakers
Topics
From Crypto Valley Conference 2018, hosted by Crypto Valley Association.
Transcript
[Music] we believe in blockchain and we're gonna go there right so I believe that a lot of people heard about the rumors that Facebook is going there it's would be very interesting how will it go in general but just the rumors no one knows what's going to happen so I joined I personally me I'm joined the Facebook in 2007 so in those times Facebook was great it was full of real people it was full of valuable content and it was really
transparent right but this concept got compromised it was compromised by machine learning the needs of Facebook to generate revenue for for a public market and because of Facebook became the tool for manipulation we all know what happened in in the US with Donald Trump as a president we all know that you've been using Facebook as a tool to send the personalized messages to to the United City United States citizens so we believe that this is not how the social networks should be look like we are
individuals not users so our data should not be traded era of manipulation I told you about the Donald Trump but this is not the only case right now Facebook is the third-party tool for every government to control you we think that it's it's a bad stuff no more fakes normal shots and normal BOTS this is the future of social network so it's time to get out of the box it's time to time to expand the horizons we believe that with ask fm we can really do it we are going to build ask if M 2.0 the new social network with different concepts right don't trust
verify every user will be will have to go through kyc procedure in by that we gonna guarantee that all our users are real people which is as we think is very important better safe than sorry right so by the blockchain with the blockchain we will have a distributed data storage which is also very important for for potential future of social network and blockchain for transparency it's all going to be decentralized no data ownership and easy tracking we promise our users that we will not be selling their data data we promise our users that we will not use
their data for monetization purposes right so basically we are going to reinvent the social media real people content in situation by crypto we can I introduce our own token called ask token and transparency of blockchain this are three of our core core stuff that gonna happen and ask FM 2.0 your social account basically is going to be your your bank account and native currency which is ask token can they be used to incentivize the people to create a high quality content for example you want to
ask me a question about the crypto or social networks you will be able to send me some tokens for example 20 tokens I will get it and I will see 20 tokens for for this question is okay I will provide you with an answer so I send you available answer I create the valuable content for you I get the tokens as a reward so this is the basic idea how ask if I'm is gonna work and that's how we're gonna make money so this is basically it if you guys have any questions just jump in