The future of social media may be taking an innovative turn with the introduction of a new gaming-centric Bitcoin wallet called the ZBD app. Developed by Lightning company Zebedee’s open-source wing NBD, the app is currently in alpha with users eagerly signing up for the waitlist to gain early access. The app utilizes Nostr, a decentralized protocol on the rise with over two million users. Interestingly, Twitter co-founder Jack Dorsey has taken a keen interest in this protocol, envisioning it as the foundation for the future of social media.
So, what sets the ZBD app apart from traditional social platforms? The key element is the introduction of “zaps,” which allows users to send very small amounts of Bitcoin to others instead of relying on the typical “likes.” Encrypted direct messages with payment options are also featured, significantly transforming the way users interact and monetize their content. Zebedee co-founder and CTO Andre Neves explains that this new system intends to replace meaningless likes with the opportunity to earn money for one’s online contributions, ultimately creating a more rewarding and engaging social experience.
But earning small amounts of Bitcoin is not the only advantage offered by the ZBD app. Decentralized social media grants users more control over their data as opposed to conventional social media apps where large corporations hold sway. Neves elaborates that this freedom enables users to carry their identity and followers across various apps without being restricted to a singular, closed-off ecosystem. As a result, users can interact with friends and creators irrespective of the specific platform being used.
While the ZBD app aims to revolutionize social media experience through the integration of Bitcoin and decentralization, it is crucial to acknowledge the potential downsides of this innovative system. For instance, the concept of sending zaps instead of likes might encourage an unhealthy focus on financial gain and detract from fostering genuine connections amongst users. Additionally, concerns may arise surrounding the security and privacy of financial transactions in a realm that combines both social media and digital assets.
In conclusion, the ZBD app promises a fresh spin on social media, reimagining the way users interact and monetize their content through the use of Bitcoin and decentralized systems. Nevertheless, it is essential to consider both the pros and cons when embracing such revolutionary platforms, ensuring that they deliver both monetary and emotional value. Ultimately, only time will tell whether the ZBD app, and others like it, will shape the future of the social media landscape.
Source: Decrypt