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Romulus, thank you for your realistic assessment. I only just saw on your profile that you can assess things not only from the perspective of an investor, but also as an innovative entrepreneur, European, and software specialist. Many of your reflections on poverty, meeting basic human needs, and the resulting prerequisites for participation in social networks have accompanied us in our idea development since our founding in 2021.
As a consultant for business start-ups and startup coach, I never would have thought that I would one day swim completely against the tide with a project. But we have to try to rethink things when we observe that they are heading completely in the wrong direction.
Therefore, our approach to the solution is quite simple: we have to outperform the major social networks wherever they show their weaknesses.
That's why we decided to establish a non-profit association to operate our social community platform. Without their expensive advertising machines, the constant misuse of data, and optimized algorithms that decide for users what content they see, the business model of the major social media networks wouldn't work. If we had founded a company, we would find ourselves in the same predatory market as the major social media platforms, and Darwin would wipe us out of the market faster than we could say selection theory.
That's why we use UNA's open source CMS framework. No one can understand what happens to user data on Big Tech media. We may know the tip of the iceberg: profiling, tracking, targeting, retargeting, etc. But is that really all there is to it? No, AI models are also trained with user content, with complete disregard for copyrights. Therefore, we don't put advertisers and investors at the center of our social network, but rather the benefit for our members.
Yes, our platform is a niche product. But it has a specific goal. Our vision is to be successful together and for everyone to contribute to the path to shared success. Those who get involved, co-finance, and contribute to achieving our goals should also be the ones who benefit from the platform. Our currency is not personal user data but individual knowledge and skills that artificial intelligence cannot imitate. It's a community thing. And AI tends to be very selfish.
Can the general public benefit from this? Will we perhaps even be able to solve societal challenges with it? We are absolutely convinced of this.