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Homocryptus
@homocryptus
In 2019, Fashtime, The social network I built, became the #1 free app in Italy and was gaining traction in Spain. The vision, which started in 2016, was clear and transformative. 👇🏼
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Homocryptus
@homocryptus
The core idea? Eliminate "likes" and return the value of time to users. We introduced a new social economy focused on attention, rewarding users and creators in innovative ways. ✨
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Homocryptus
@homocryptus
UserFirst. Our platform measured engagement through time spent on content, not just clicks or views. This meant creators were rewarded for the quality and engagement of their work, not just surface-level interactions. 👇🏼
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Homocryptus
@homocryptus
We also pioneered dual tokenomics, enabling a "view to earn" model. This approach aimed to sustain our ecosystem while offering real value to our. But…
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Homocryptus
@homocryptus
Despite our early success and innovative model, we faced challenges. The struggle to secure VC funding in Italy ultimately led to the project's end. 👇🏼
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