Deep Dive
1. Purpose & Value Proposition
Wibegram aims to address privacy and algorithmic bias in traditional social media by decentralizing control. Unlike platforms like Facebook or Twitter, it eliminates intrusive ads and hands users authority over their data and content visibility. Its blockchain foundation ensures transparency in post-ranking algorithms and enables peer-to-peer interactions without third-party surveillance (Wibegram Blog).
2. Technology & Architecture
The platform operates on Binance Smart Chain as a BEP-20 token, leveraging blockchain for secure messaging and decentralized storage. Key features include:
- Layer 2 scaling: Enhances transaction speed and reduces costs for in-app activities.
- End-to-end encryption: Uses RSA and AES protocols to protect chats and user data.
- Community tools: Forums, group chats, and event organizers foster niche communities.
3. Tokenomics & Governance
WIBE’s 300M total supply is allocated to liquidity (30%), partnerships (25%), and locked reserves (35%). Token holders govern platform upgrades, partnerships, and funding decisions. WIBE is used for:
- Paying transaction fees.
- Earning rewards via staking or referrals.
- Purchasing goods in its digital marketplace (Wibegram Blog).
Conclusion
Wibegram reimagines social media by prioritizing user autonomy, blockchain security, and a tokenized ecosystem. While its Layer 2 infrastructure and privacy tools differentiate it, adoption hinges on balancing decentralization with usability. Can it scale its community-driven model without compromising its core values?