What was created for the sake of free speech is now being controlled by those who have the deepest pockets. The Internet is not free of censorship anymore. People’s social media accounts are being blocked. Just this month we had 3 major news on massive censorships:
To top it up, the largest tech companies like Facebook or Google do not have the best intentions for their users. These tech giants’ number one priority is keeping us glued to the screen and feeding us ads for better quarterly investor reports and higher stock prices.
Even though we live in the 21st century – we are deprived of the basic human right to have access to real information on what is happening in the world. Not that it was perfectly curated by filters, news boosts, keyword suppressions, ban lists, and shadow bans.
People need to have access to the truly decentralized Internet, that is free of censorship, surveillance and is open source for everyone.
This is where Point Network comes into play. It is the world’s first full Web3 architecture that allows the user to browse, communicate, share and store information in a truly decentralized way. The infrastructure of Point Network doesn’t rely on centralized domains, storage, and browser extensions, all of which can be censored and hacked.
These days, even storing harmless files in Google Drive can lead to them being deleted by Google’s automatic legal takedown tool without any cause.
Point Network brings the possibility of having space not just free of censorship but also a place to create and store your information without fear of it being deleted. All data is stored on a decentralized storage network called Arweave, and even if half of the network goes down – the other half has and serves users’ content.
To use Point Network fully one would use a $POINT token that allows users to automatically pay in micropayments to decentralized storage providers for their social media posts, tips, subscriptions to content creators, and so on.
Since its launch on September 1, Point Network has been expanding rapidly its reach, and today, the $POINT token got successfully listed on the second crypto exchange, XT.com, while the first one being MEXC.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Source: https://cryptodaily.co.uk/2022/10/truly-decentralized-internet-is-the-future-of-web3-point-network-story