Persystic Token Could Change Social Media As We Know It – Buy Now With Bitcoin, Ethereum and Others

In a world where social network platforms are heavily censored and controlled by a small group of people, Persystic Token (PSYS) is the first decentralised social media platform whose primary goal is to help its community members to generate income.

Popular social media sites like Facebook, Instagram, and Twitter have evolved over the past ten years from being just places for fun to playing an essential role in the everyday lives of the communities they serve.

Currently, a small handful of incredibly strong groups/platforms that rule the whole online world control these websites. The team at Persystic Token (PSYS) believes that while there is no doubt that these platforms provide clients with decent services, those benefits come at extremely high costs, which the great majority of users are not even properly aware of.

According to them, this is because the vast majority of users don't read all of the terms and conditions that they automatically agree with when they open a social network account. The most popular social networking sites have entered a dynamic that puts users' right to free expression in danger. This is because while grading content materials, their algorithms and political slant are biassed in addition to disregarding the users' right to privacy.

At Persystic Token (PSYS), they believe that using a model that makes use of Blockchain technology's distributed ledger technology would be the most effective approach to address the problems that traditional social networks are now facing.

With the help of Persystic Token (PSYS) which is a tokenized mixed social network, individuals may connect with one another and create communities based on democratic ideals and the freedom to express themselves. Some lines shouldn't be crossed, but they claim they will never demonetize or censor a user just because they disagree with their point of view.

The platform has pioneering privacy regulations that not only incorporate ideas from the most well-known social networks but have also developed a new economic model.

Blockchain, which enables people to share and sell their material in a way that is transparent, safe, and verifiable, further supports this. The ecosystem will be propelled primarily by the PSYS token. These tokens enable users to transfer and receive remuneration for the unique content they have produced.

The team is convinced that this innovation will lead the way not just in terms of a wholly novel business model in which the passive user may also generate a financial gain, but also—and this is probably more crucial—in terms of privacy policies that are not intended to target and steal the privacy of the user. Persystic Token (PSYS) intends to set the standard in both of these categories.

Why Should Blockchain Technology Be Used For Social Networks?

Creating a social media network powered by blockchain technology could offer numerous advantages and here are some of them;

1. The great majority of well-known social networking sites are integrated and run from a single location making it challenging to preserve users' privacy. They are therefore vulnerable to government regulations and invasions of their privacy. On the other hand, a social media network that uses Blockchain technology makes peer-to-peer (P2P) information exchange feasible. Only two parties, in this case, are aware of the transaction.

2. Content owned by users may be kept for as long as necessary. Since most social media sites are centralised, user-posted content may be changed or deleted even without that user's consent. Due to the immutability of the technology, users of a social network powered by Blockchain have the option to save their material forever.

3. The people who create content get paid for it. Users are given full control over the distribution of their content on a network that uses blockchain technology. They may profit from their work because they have the ability to spread it. Customers may get prizes for just telling their friends about the material.

4. Users may access the content of a high calibre. It is feasible to employ blockchain-based verification and authentication services, such as personal verification and content authentication, to ensure the integrity of the material posted on social media platforms. Blockchain technology not only makes postings and identities more reliable, but it also makes data collection on these platforms easier.

Persystic Token's (PSYS) Plans For Blockchain Powered Social Networks

The network's goal is to boost social media network accessibility so that content creators and consumers may take advantage of more lucrative commercial opportunities. They plan to bring this vision closer to reality by doing these four crucial things listed below:

1. Giving artists the ability to claim ownership of their creations.

2. Encouraging content producers to produce genuine works.

3. The eradication of incorrect information by putting in place a system for creating and consuming material that is both verified and subject to public review.

4. Implementing a "right to be forgotten" law that allows users to decide whether or not they want their content to be kept on the platform.

They want to bring together the many interests of people and enable commercial connections by using an open and decentralised social network. Furthermore, they plan to offer value to any artistically produced material, allowing users to advance their talents and creating a direct link between the general public and individuals who create content in a completely decentralised manner.

In order to support the expansion and empowerment of their own businesses, Persystic Token (PSYS) also aims to create a common thread and communication channel between famous people and influencers and their network.

The Persystic Token (PSYS) Ecosystem

Persystic Token (PSYS) can be categorised under both the Internet of Things (IoT) and the Internet of People (IoP). They intend for this platform to give content producers a way to support themselves by adding value to the countless social interactions they engage in as well as their skills.

Due to the fact that the present generation of social media networks is infrastructure focused, they are unable to meet the constantly expanding demands of contemporary society. In order to enable more personal social interactions through a system that is open to everybody, transparent in how it operates, independently verifiable, and secure, Persystic is reinventing the concept of cyber-physical convergence.

The Binance Smart Chain (BSC), which will act as the underlying Blockchain, will serve as the foundation for Persystic's implementation. Both Ethereum and BSC have smart contract capability built in. Furthermore, it can communicate with the Ethereum Virtual Machine (EVM), proving that the BEP-20 standard enhances the ERC-2016 functionality of Ethereum.

BSC is EVM compatible, so it supports a wide range of ERC-20 token standards for Ethereum, each of which may be utilized for a variety of decentralized applications (DApps). Theoretically, programmers may shift their BEP20-based apps from the Ethereum blockchain to the BEP-20 token platform, and vice versa.

Users may also set up their BSC wallets using Ethereum applications like MetaMask.

Persystic Tokenomics

The Persystic Token (PSYS) is the main engine on the platform, powering various transactions such as:

• Transferring PSYS to other users.
• Buying licences for content.
• Exchanging PSYS for fiat.
• Earning rewards

There will be a total token supply of 3,000,000.000 with an initial price of $0.0009.

How To Buy Persystic Token (PSYS)

After reading all of that and predicting the token's possible explosion, you might be wondering how to get involved and purchase some for yourself. You can do this with several cryptocurrencies such as ETH, BNB, USDT (TRC20 and ERC20), BTC, SOL, etc…and there are even bonuses on purchases with these tokens. For example, buying with USDT TRC20 gives you a 15% bonus, while buying with BNB gives you a 10% bonus.

• To start, you will need to go to the presale dashboard and set up an account. While setting up your account, you'll be required to put in how much PSYS you want to buy. You can put in any amount to register. You will be sent a verification email, make sure to verify your account.
• Next, once the signup is complete, a prompt will show up when you log in which will once again allow you to input the amount you want to spend. Here, you will need to put in the actual amount you want in dollars and then select the cryptocurrency to buy with. The screen will also show you the bonuses you're eligible for depending on the chosen cryptocurrency and time of purchase.
• Once you have decided on an amount and the currency to use, click Pay. It'll show you a wallet address to pay the cryptocurrency into and the amount to pay.
• Finally, when the purchase has been approved, you get your tokens on your dashboard and can then sit back and watch out for their potential rise.

Final Thoughts

Every social media user has the right to have their privacy protected and every content creator has the right to control and earn from their content in a world where such a thing as blockchain technology exists, it seems fitting that it be used to solve this continuous conundrum.

Persystic Token (PSYS) has taken this initiative to create such a platform and it looks promising. With time, who knows how great this project could become? It's definitely worth watching.