Social media networks have quickly become some of the most prominent websites and applications in the world. Some of the market participants boast a global user base of over 1 billion while some have monopolized particular regions.

At present, these networks abide by the basic feature of the internet, information transfer. The current state of the internet is one of information transfer--we possess the internet of things. A surge in the adoption of blockchain technology is providing a revolutionary opportunity to possess the internet of value.

Instead of simply being connected with each other via the internet to make interactions for information transfer, we could be reaching a point where the internet, through the widespread integration of blockchain technology, could allow interactions for value transfer. Some of the largest potential efficiencies this could unlock would be within social networks.

The Current Ecosystem

A social network can provide many monetization opportunities. Take Instagram as an example.

Content creators often start their careers by advertising their content. They either pay the platform or other famous creators to promote them. While the information iteracts within the system, the value transfer (transactions) require the usage of potentially several external entities.

Next, suppose the campaign is a success and the creator, due to his or her content quality, has become a hit. Now, if a brand approaches the creator to leverage his or her reach to promote their product, again several external entities will be needed to transfer value.

Presently, social networks exist just for an information (data) transfer and are unable to internally provide a value transfer despite being the source of huge value additives. A social network called Horyou is adopting blockchain technology to internalize value transfers with the HoryouToken.

The Social Network of Tomorrow

Horyou is a social network aimed at spreading awareness of positive campaigns around the world. Its users communicate the with each other social or economic campaigns aimed at global good; the impact of the campaigns being discussed can vary from a person to a country.

This is the first social network to recognize that it is a source of great deal of value and it has taken a proactive move to offer a token to make the transfer of value possible internally and seamlessly. The HoryouToken provides the platform's userbase various abilities.

• Horyou users can utilize the HoryouToken to support campaigns anywhere in the world without having to rely on any external service. Any campaigns they find on the platform could easily be supported with the HoryouToken.

• Philanthropic campaign managers could use the platform to promote their work and could utilize the token to draw additional interest. Participation in campaigns could be incentivized through awards in HYT.

• Philanthropic campaign managers could pay platform influencers to draw an audience; even brands could pay platform influencers to promote any examples of their corporate social responsibility.

There are many benefits the token providea that can be realized even with the current state of the plarform. Horyou's team has plans to develop a Horyou marketplace that will provide the items needed to support campaigns so campaign managers could easily use the HYT they raise to purchase materials needed to make their campaign a success.

The HoryouToken is the first attempt to make an existing social network go from a medium of information to a medium of value. This is a great step towards turning the internet, as a whole, into the internet of value through the aid of blockchain technology.

Horyou Essential Links

🌐 Website: https://tge.horyoutoken.io/
💡 Whitepaper: https://whitepaper.horyoutoken.io/
👨 ANN Thread: https://bitcointalk.org/index.php?topic=4464724
💻 Telegram: https://t.me/HoryouToken

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