ONSTELLAR is a new platform that besides providing a premium user interface and experience offers a totally new business model specifically designed to entirely aligning members’ interests to the platform itself. Driven by the latest blockchain technology, OnSetllar is set to solve breach of privacy rules by the current social media networks. It achieves this objective by giving members control over the data collected from them and a fair share of the created value.
PROS
- Onstellar eliminates the issue of site ownership since it is a centralized and an entirely member controlled network. Members are assured of freedom of speech and freedom of association.
- It gives members an opportunity to vote on the direction of the platform as well as the ratio on which the generated rewards are shared.
- The infrastructure is both open source and transparent. All the submissions on the platform are logged as a signed and date stamped transactions ensuring a secure system that boost authenticity and accountability.
- Instead of merely creating and sharing content for fun, this platform rewards all contributors to content. Anyone who creates shares or advances conversations is entitled to a share from proceeds of the same.
- The platform utilizes a tried-and-tested blockchain technology capable of handling thousands of transactions every second. This results in superfast operation that guarantees instant gratification.
- Whitepaper: The platform boasts of a very comprehensive and elaborate whitepaper that explains every detail. By skillfully and intricately contrasting the platform with major social media, the whitepaper leaves no doubt on the helpfulness of the platform in the mind of the reader.
- The Team; the team is made up of distinguished individuals who are highly qualified and have proven track records in the field.
CONS
- The Team: While the team members are highly skilled and experienced, they are very few. The whitepaper outlines only two, which is somewhat small given the nature and expanse of the platform.
- Exclusive reliance on cryptocurrency is likely to cause the problem of adoption. Some people have not fully adopted the digital currency and hence may not be able to embrace the platform.
- While the community features translation tools, non-English speakers may not get a fulfilling experience due to localization. The tools do not provide seamless translations.
SUGGESTIONS
- The platform should include more diversely skilled seasoned team members to ensure every potential pitfall in the final implementation is identified and solved in advance.
- OnStellar should incorporate fiat currency so a full range of users can use the system to generate income.
- It should recruit individuals who translate the platform to non-English speaking users for optimum user experience.
NOTE:
OnStellar will be the next big thing on the internet. The ability to generate income while engaging in your favorite hobby (social media content creation and contribution) is bound to appeal to all the users. That it is secure and does not infringe on the privacy of users is also a plus. The exclusive use of cryptocurrency will soon be a thing of the past a people realize their benefits. For these reasons, I will not hesitate to invest in the platform.
