Ecency is providing the convenience of Web3 and the opportunity for financial independence.

Ecency is a social media platform of Web 3.0 that gives users full control over their accounts. Only the account owner has the keys to access and manage the account, ensuring that it cannot be removed or deleted by anyone else.

"Did you know you don't really own your account, community, content or audience on traditional networks? That's because these platforms are owned and controlled by corporations whose motives are to make money out of your dta. They can at any moment delete your account, take control over your community and followers, remove or censor your content/speech. That's where we come in with solution , give total control over account, community, content back to user. Only they have key to their data and they can use that key to access their account, community and content from any applications built on the same blockchain, Giving them more options and data immuntabilitiy without fear of getting shadow-banned or de-platformed", said CEO and founder Feruz Muradov.
According to statistics from January 2024, 62.3% of the global population engages with social media, spending an average of 2 hours and 23 minutes on it daily. Social media is utilized for various purposes such as work, communication, and entertainment. Ecency has consolidated these different aspects into one platform, where users can earn rewards for creating content and even comments. When it comes to finance, this platform can be considered a means of working, communicating globally, and providing entertainment through content and comments.

Recently, Ecency introduced a new feature called Conversations, which enables users to chat on Web3. This feature allows chatting with individuals as well as communities of people with shared interests. In addition to text, users can also use GIFs, images, and emojis in their conversations. Ecency is actively enhancing this feature to eliminate the need for a second layer for blockchain chatting. Encrypted messages are a crucial aspect of chatting, and even when logged into your account, additional keys are required for chatting.

The blockchain industry shows potential for growth, with projections indicating that the global market could reach $163.83 billion by 2029. This suggests that a significant portion of the world's population may soon have their own cryptocurrency wallets. The Ecency wallet is known for its user-friendly interface and convenience, with the Ecency market simplifying the process of exchanging funds within the blockchain, similar to Binance.

"Many people don't know power they could hold if they control over their social/online presence. We give them tools and servises to show alternatives which is just as good as traditional networks. Feel the freedom, take control over your money and your account, your money and your speech.",

Ecency
Ramybes g. 4, Vilnius
hello@ecency.com
https://ecency.com

Ecency is an opensource, blockchain based social network with financial layer built-in on Hive protocol. Building social media with monetised rewards for content producers, true account ownership, free-speech, community powered network that gives power back to the people who are part of the network. Company actively helps building open source software based on blockchain technologies and welcomes you to join the journey.

This release was published on openPR.