Problem Statement
β’ Lack of Security and Privacy in Communication: Most traditional messaging apps are centralized, exposing users to risks such as data breaches, surveillance, and the misuse of personal information. β’ Limited User Control and Autonomy: Users have minimal control over their personal data and financial assets within existing platforms, often relying on intermediaries for transactions and communications. β’ Complexity in Cryptocurrency Use: Although cryptocurrency is gaining popularity, its integration into daily transactions and communication platforms is still limited, creating obstacles to broader adoption. β’ Trust and Transparency Issues: Centralized systems often fall short in providing the transparency and trust users require, particularly regarding financial transactions and personal communications. β’ Lack of Compensation for Users: Many platforms fail to reward users for their contributions and engagement, leaving them uncompensated for generating content or viewing advertisements. β’ Inefficient Advertising Models: Current advertising systems on centralized platforms are often irrelevant and do not provide a personalized experience, resulting in inefficiencies for both advertisers and users.
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