Web3 social media to disrupt a $100B market: Pop Social joins Cointelegraph Accelerator

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Web3 social media dApp Pop Social becomes the newest member of the Cointelegraph Accelerator program

The growth of social media has made it possible for everyone to become a content creator. And while the creator economy grew, incentives to become part of it continued to diminish. Since the $100 billion market isstarted paying out a minor share of the ad money from Short videos to creators.

An integral part of the Pop Social ecosystem, Pop Labs operates as a launchpad for innovation, driven by generative AI, creator incubation, and project initiatives. “We envision a future where Social, Web3, and AI convergence redefines how we interact, create, and thrive in the digital realm,” Michael Shen, CEO of Pop Social, told Cointelegraph. “At the heart of this vision is empowering individuals, content creators, and communities through a seamlessly integrated ecosystem.”

“SocialFi should aim to create an exciting and inclusive ecosystem where users, creators, and communities thrive financially while reaping the benefits of a decentralized, transparent, and secure social experience.”welcomes Pop Social as a participant in its growing roster of promising projects. Given the disruptive potential the Web3-native social decentralized applications hold against the $100 billion creator economy.

 

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Trust Wallet's TWT Falls as Parent Company Binance Releases Web3 WalletOliver Knight is a CoinDesk reporter based between London and Lisbon. He does not own any crypto.
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