Meta Launches Instagram-Branded Decentralized Social Media Network for Text Updates

11 Mar 2023



Meta, a company known for its decentralized social media platform, has announced the launch of a new social media network designed to share text updates. The new platform is set to compete with billionaire Elon Musk's Twitter by offering creators and public figures a separate space to share timely updates about their interests.

The new network is a stand-alone decentralized platform, meaning it operates outside of other social media platforms such as Facebook, Instagram, and Twitter. The platform is based on blockchain technology, which makes it secure and private. Unlike traditional centralized social networks, the platform offers users control over their data and posts.

The new platform also gives users the ability to manage their own communities, offering users the ability to join specific communities and follow specific people. Users will also be able to post and share updates, photos, and videos.

The platform offers users a number of additional features, including the ability to create surveys and polls, follow public figures, bookmark posts, and publish text updates. Meta also offers users the ability to monetize their content, giving creators the ability to earn money from their posts.

Meta, a new decentralized social media network, is set to give creators and public figures a separate space to share updates and content. The platform is based on blockchain technology and offers users control over their data, as well as a number of additional functions. Do you think this new platform can become a direct competitor to Twitter? Leave a comment below to let us know what you think.