📜Ferda Network Whitepaper v1.1

The Ferda Network Whitepaper contains details on the company's objectives, including its use of blockchain and Tokonomics. This idea gives weight to the use-case of XRP and cryptocurrencies.

Abstract

The Digital social interaction system is broken. Advertisers, publishers, and users used to dominate the online advertising sector, but now "middleman" ad exchanges, audience segmentation, sophisticated behavioral and cross-device user tracking, and sharing through data management platforms have taken over Malvertising and privacy intrusions are at an all-time high for users.

On the average user's data plan on advertising results in $20 per month in data charges and up to 21% reduced battery life, but how much do you gain from sharing all of that? Inflation-adjusted, traditional content creators have lost almost 66 percent of their earnings over the last few years.

Publishers are losing money, consumers are feeling more violated, and advertisers' ability to judge performance is deteriorating.

The answer is a Blockchain-based decentralized and transparent digital currency exchange Based on ( Attention ).

Ferda is the initial component, which is comprised of a ledger system that measures user attentiveness and rewards them accordingly.

Ferda will now launch FRD (Ferda Network), a token for a decentralized Interaction's smart contract network scaling technique that does not rely on economic safety mechanisms.

It rewards the network user's by compensating them for their attention.

Ferda connects, business's, Advertisers, and users, and is based on meaningful user attention, eliminating the social and economic costs in conventional Ad networks, ( Content ads , Product Ads, MarketPlace ), Privacy violations, and malvertising, And Getting Rewarded For attention.

Ferda Network is a payment system that rewards and protects users while also increasing conversion and yield for advertiser and Content Creator’s.

We envisage FRD a related technology as a future aspect of web 3.0 standards, solving the critical challenge of selling content and getting paid for every interaction.

Ferda Network Will be implemented in 4 steps :

• CarnavaL : innovative decentralized payment system for twitter

• Ciela : Business Management Dashbord

• Votao : Multiple Voting System

• Whisper : 3D Metaverse

• Ferda : Social Network DApp Marketplace

Jump right in :

We propose FRD as a medium of exchange in a secure, opt-in social interaction ecosystem based on the Ferda Network With FRD Token network users, Content Creators, Advertisers, and Marketplace transactions are all possible with the FRD system.

💁Introduction❌An Inefficient and Troubled Market🔦The Attention Merchants

Learn the fundamentals of Ferda Network to get a deeper understanding of our main features:

🔗Payment System Basics👉Ferda Network💰Business landscape