Current social media platforms have no established way to verify users and content published. As a result, quality content may end up littered with spam, and disinformation. Content ownership is limited, therefore creators aren’t rewarded for high-quality content produced, and risk their work being plagiarized. Verifying content published on these platforms is not only difficult to do, but can become very costly, therefore maintaining these services often require taking proceeds earned through a creators’ work.
Dragon Den, a tokenized community built on the Dragonchain hybrid blockchain platform, incentivizes the creation and evaluation of quality content. Dragon Den’s reward model focuses on evaluating content within individual communities, grouped by a common topic or area of interest. Each community decides if content has merit.