Hiblocks: A Blockchain-Based Social Media Platform

What is Hiblocks?

Hiblocks is an innovative social media platform that integrates blockchain technology to revolutionize the way content creators, consumers, and curators are rewarded. Launched with an aim to address the inequities of traditional social media revenue models, Hiblocks uses blockchain to ensure transparency and fairness in reward distribution. This platform is constructed on the advanced Klaytn blockchain network, leveraging its high throughput and robust architecture.

Core Features of Hiblocks

• Hybrid Blockchain Model: Hiblocks incorporates both public and private blockchains. The public blockchain aspect ensures transparency particularly in the distribution of profits and advertising revenue, while the private blockchain provides essential privacy protection for user's personal data.

• Decentralized Reward System: Unlike conventional social media where the platform predominantly earns from user-generated content, Hiblocks allows both content creators and consumers to earn rewards directly based on their engagement and contribution to the platform.

• Integration with Existing Social Networks: The platform is not designed to compete directly with existing social media giants like YouTube and Instagram, but rather to complement them by curating content across these platforms, thereby generating additional traffic and user interaction.

• Smart Contract Enabled Transactions: These allow for automated and transparent handling of transactions within the platform, including ad revenue sharing and reward distribution.

The Role of HABL in Hiblocks

Hiblocks operates its blockchain-based social media platform under the brand "HABL," which emphasizes content curation and social interaction backed by blockchain technology. Here’s a deeper look into how HABL functions and enriches user experience:

Navigating Through HABL

HABL’s interface includes several main sections that facilitate user engagement:

• Home: Users can view content from subscribed channels, participate in popular quests, and receive personalized content recommendations.
• Space: A feature where users can create or join communities with shared interests to interact and share content.
• My Page: Displays user profiles, including their uploads, subscriptions, wallet details, and more.

Participative Features on HABL

• Content Curating and Sharing: HABL allows users to become curators, sharing high-quality content from popular platforms like YouTube and Instagram, thus staying connected with existing social media trends.
• Quests and Challenges: Users can create or participate in challenges that promote community interaction, making social media an engaging and dynamic experience.

User Incentives and Rewards

HABL rewards users for their activities such as posting, curating, and engaging with content. These rewards are paid in Hiblocks’ native cryptocurrency, enhancing the value proposition for users to participate actively within the platform.

Roadmap of Hiblocks

Hiblocks has laid out a detailed roadmap that reflects its ambitious strategy to expand and enhance its offerings:

• 2019: Marked the establishment of its headquarters and the start of HABL platform development. Throughout the year, key milestones included the platform prototype development, private token sales, and becoming a Klaytn ISP Partner.
• 2020: Featured the launch of beta services, mainnet switching, and enhancements like the biometric function to the platform. Hiblocks also achieved registration on significant app stores.
• 2021 and Beyond: Focused on integrating advanced features such as live streaming protocols, challenge ads, and the utilization of De-Fi solutions like KLAYSwap. Recent developments aimed at integrating multi-chain support and enhancing UI in the HABL app highlight Hiblocks's enduring commitment to innovation.
• 2023: Goals include adding new digital assets to the HABL wallet, enhancing the app's chatting system, and expanding the services offered through the HABL Store in its beta phase.

Current and Upcoming Projects

Hiblocks is actively engaged in developing and launching new functionalities to enhance user engagement and platform capabilities:

• Listing on Gate.io: Hiblocks announced that HIBS Token is now officially available on Gate, marking a significant step in increasing the accessibility and liquidity of its native token.
• NFT Integration and Marketplace: Scheduled to launch an NFT marketplace which will allow users to trade and manage non-fungible tokens within the app.
• HABL LAND on Roblox: An initiative to enter the virtual gaming space by creating interactive experiences that leverage both social and play elements.
• Partnerships: Recent collaborations include tying up with Anttime for a blockchain-based T2E (Time-to-Earn) service and cultural ventures like Mile21 for digital content expansion.
• Regulatory Compliance and Security: In response to global shifts towards stringent regulatory frameworks, Hiblocks is striving to comply with international standards, including pursuing ISMS (Information Security Management System) certification, to bolster consumer and investor confidence in their platform.

These projects reflect Hiblocks’s proactive approach in adapting to technological advancements and regulatory landscapes to provide a secure and innovative platform for its users. With these developments, Hiblocks aims to solidify its position as a leading blockchain-based social media platform in the global market.

Hiblocks Price Analysis

As of November 25 2024 Hiblocks has a marketcap of $317K. This is {{percentagefromath}} from its all time high of $0.02503452. In terms of its tokenomics, there's a total supply of 20B with 59% currently outstanding. Keep in mind Hiblocks has a fully diluted value of $533K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.