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Woonkly is a decentralised social network that leverages blockchain and AI technologies to transform traditional content creation and distribution methods. It allows users to create, distribute, and monetise content, while ensuring decentralisation and user control over data. The native cryptocurrency associated with Woonkly is known as WOOP.
Woonkly operates by allowing users to create content directly onto its blockchain-based platform. Here are the key components of its operation:
Blockchain Technology: Woonkly uses blockchain to ensure decentralisation, with each post being transformed into a Non-Fungible Token (NFT).
AI Integration: The platform integrates AI to assist in the creation of various content types such as videos, movies, and live stories. AI also helps users create AI-powered influencer clones that can generate content continuously.
IPFS Distribution: Content on Woonkly is distributed through the InterPlanetary File System (IPFS), which decentralises content storage and enhances user control over their data.
Smart Contracts: These are used to manage the creation, trading, and ownership of NFTs within the Woonkly ecosystem, ensuring secure and transparent transactions.
Woonkly offers several use cases across different industries:
Content Monetisation: Users can convert their content into NFTs and directly monetise their posts.
Decentralised Social Media: The platform provides an environment where users have control over their data and content distribution.
NFT Marketplace: Woonkly hosts an NFT marketplace where users can buy and sell various NFTs.
Advertising: Through decentralised advertising, brands can share their advertising costs directly with their audience.
Gaming: Woonkly includes play-to-earn games, which allow users to earn rewards while engaging with the platform.
Staking and Profit Sharing: Users can stake WOOP tokens and participate in the platform's profit-sharing mechanisms.