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Blockchain-Powered Social Network with Tokenized Marketplace Modernization

sevencollab

Media

eCommerce

Information technology

Current Platform Limitations and Modernization Needs

The existing social media platform requires urgent transformation due to outdated technology stack, privacy vulnerabilities, and lack of blockchain integration. The legacy system struggles with user data security, limited monetization capabilities, and inability to support cryptocurrency transactions and tokenized rewards systems demanded by modern users.

About the Client

A social media platform operator seeking to modernize their legacy system with blockchain-based monetization and privacy solutions

Key Modernization Goals

Implement blockchain-based security and privacy framework
Develop cryptocurrency transaction capabilities
Create tokenized reward system for user engagement
Establish internal tokenized marketplace
Modernize UX/UI across web and mobile platforms
Enable decentralized application architecture

Core Functional Requirements

Cryptocurrency transaction processing
Token distribution reward system
Decentralized marketplace for token-based transactions
Live streaming capabilities with token tipping
Multi-platform user profiles with social media integration
Smart contract-based ad revenue sharing
Two-factor authentication and blockchain data security
Dark mode interface with responsive design

Targeted Technologies for Implementation

Ethereum blockchain

Serenity Blockchain

Web3.js

Angular frontend

Node.js backend

MongoDB/MySQL hybrid database

Kotlin/Swift mobile development

AWS cloud infrastructure

Essential External Integrations

Facebook API
Twitter API
Stripe payment gateway
CAPTCHA verification
Push notification services
Decentralized storage solutions

Critical Non-Functional Requirements

Blockchain transaction scalability
Military-grade data encryption
Sub-second API response times
High-availability architecture
GDPR-compliant data handling
Cross-platform UI consistency

Anticipated Business Impact of Modernization

The transformation will establish a secure, privacy-first social network with native cryptocurrency monetization, creating new revenue streams through token transactions and ad revenue sharing. Enhanced user engagement is expected through blockchain-based rewards, while decentralized architecture will reduce long-term infrastructure costs and improve regulatory compliance.