by Marvin Dumont
Apollo Fintech recently held an AMA (ask me anything) session and released new details about its upcoming social platform. A big difference with other social channels is the connection to many platforms and services with one account and one wallet.
Thus, Apollo’s social platform greatly simplifies the user experience.
Another difference is that users’ data are not tracked and sold. And freedom of speech is protected. Anyone is free to express their political views, unlike the troubling trend on Facebook and YouTube to censor what it unilaterally considers as controversial views.
According to CEO Steve McCullah:
We are making big adjustments to the way social media operates to improve on many things, while still allowing [people who] want things the same the ability to keep them there.
Here are features of a Facebook-competing platform:
- There will be a horizontal feed option that allows the user to see many posts at once.
- There will be new ways to engage and interact, like word cloud commenting. It’s the ability to moment one word into a post’s word cloud. Or the ability to donate to a cause by dragging coins to a post.
- There’s an ability to send money to each other, as with PayPal, which makes life easier. It also has big practical applications.
McCullah also commented on a YouTube-competing platform.
We have incredible interest from big influencers already, because not only do we give them a platform without restrictions, we will allow them to monetize much easier and to [earn] substantially more than they do now. One of our monetization models, where an influencer would only make $1,000 on YouTube with 1 million views, they will make $100,000 with our platform.
Apollo Fintech is developing world-shaping fintech solutions for a global economy. Its product categories include Government Solutions, Commercial Products and Consumer Products. Apollo Fintech’s new platforms and tools include National Currency System, Tax System, Commodity Exchange, Mineral Claims System, Government Bank Platform, White Label Payment System, Bank Network, Knox Exchange, DEX, Apollo Cash and Apollo Currency.