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Will Social Media Survive Web 3.0? Can Decentraland (MANA) and RoboApe (RBA) Take Down Instagram?

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It was announced recently that social media juggernaut Instagram will be adding NFT features to its platform.

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Will Social Media Survive Web 3.0? Can Decentraland (MANA) and RoboApe (RBA) Take Down Instagram? 3

The concept, which is still in development, will begin this week, with updates set to come over the next few months as services are refined and added too. 

Instagram will allow users to initially draw NFTs from their collections on the Ethereum (ETH) and Polygon (MATIC), with connections to the Solana (SOL) and Flow (FLOW) blockchain later down the line. 

Social media platforms adding NFT features is not a new phenomenon- microblogging site Twitter notoriously added the option for NFT profile pictures to be used on the site, with users able to connect their crypto wallets to the site to verify their legitimacy.

They even got a hexagonal profile icon to prove it. 

Furthermore, as a subsidiary of Meta, it was really only a matter of time before Instagram dipped its toes into the waters of NFTs and Web 3.0 technology. 

However, where Instagram and its contemporaries will go in the developing world of Web 3.0 is up for debate. How can these centralised platforms be integrated into Web 3.0s decentralised Internet? 

Decentraland (MANA) and Silicon Valley in a Decentralised Internet 

One of the primary goals of cryptocurrency and Web 3.0 is decentralisation. Decentralised Finance (DeFi) and Decentralised Autonomous Organisations (DAO) are just some of the existing systems implemented by cryptocurrencies in order to keep power in the hands of the people, so just how conglomerate sites like Instagram will fit into this space is debatable.

The Metaverse, for example, will offer decentralised elements, with locations having their own governance and currencies, like Decentraland (MANA). 

Decentraland (MANA) has been given wide praise by Meta founder Mark Zuckerberg, for the opportunities it provides and the building blocks it has set in place that reflect Zuckerberg’s ideas for the Metaverse.

Decentraland (MANA) utilises a DAO that allows community token holders to make decisions implementing the platform, with the community aspect pushed further by the fact that locations in the Decentraland (MANA) metaverse are created for and by their users.

This is one of the primary aspects discussed in Zuckerberg’s Metaverse keynote speech, which explains his support and endorsement of the platform. It is likely, therefore, that Meta will take its cues from Decentraland (MANA), making the platform one likely to be highly valuable as Web 3.0 expands.

An aspect that will be unique to Meta’s Metaverse, however, is the incorporation of its social media platforms, like Facebook Messenger. This would be a feature that gives Meta an edge over other metaverse projects, however, would require a major shift in business model.

Facebook Messenger, as well as Instagram, are centralised social media platforms owned by Meta. To follow in the footsteps of Decentraland (MANA), decentralisation must occur, through DAO systems and cryptocurrency.

But is a shift like that possible? 

RoboApe (RBA) And the Web 3.0 Platform Renaissance 

The alternative to this is a simple one- that Instagram and other Web 2.0 social media titans will slip and fall in their fight to gain a place in the Metaverse, and other platforms will take their place. 

One potential platform that may come to claim this lost territory is RoboApe (RBA), with its meme token economy and focus on community building and development.

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RoboApes (RBA) platform runs on a deflationary financial model, meaning the more their tokens are used and traded, the scarcer and more valuable they become. A system that encourages growth with the reward of increasing token value is one built for success, with the community being financially incentivised to grow and expand the platform.

A larger user base is beneficial to all involved in RoboApe (RBA). For the platform itself, a larger community means more opportunities for bigger and better projects, which in turn can generate revenue and profits for the platform. 

RoboApe (RBA) has a wide variety of ideas for activities to engage the community, from an engaging NFT marketplace to thrilling eSports league competitions held on their platform.

These are activities that benefit from growth, with more users involved meaning a more active marketplace, and chances for eSports competitions to become bigger and more spectacular. There are also plans to expand into their own Metaverse, for an even more immersive experience. 

Are crypto-based, growth-oriented community platforms like RoboApe (RBA) the future? While it’s difficult to say now, the results of their current presale launch may soon hold the answers. 

In Conclusion

It is impossible to predict what the future of the Internet will hold, let alone where the current biggest platforms will be as Internet technology marches forward. 

Whether social media apps like Instagram will integrate, remodel, or simply fade from the limelight is uncertain. But what is certain is that, no matter what, the Internet will continue to evolve, and we are all along for the ride. 

More information on RoboApe (RBA) can be found at:

Presale: https://ape.roboape.io/register

Website: http://roboape.io/

Telegram: https://t.me/ROBOAPE_OFFICIAL

Twitter: https://twitter.com/ROBOAPE_TOKEN

Instagram: https://www.instagram.com/roboapetoken

And find out about Decentraland at:

Website: https://decentraland.org/

Twitter: https://twitter.com/decentraland

Reddit: https://www.reddit.com/r/decentraland

Discord: https://decentraland.org/discord/ 

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