mgsocial

Hello everyone, this is MateoXRP with MG.Social. We are very proud to announce that our MG.Social mobile app has been accepted into the Apple iOS app store and Google Play store.

If you do not already know, MG.Social is an ad-free, web monetized social network that rewards creators for their content contributions:

https://cinnamon.video/watch?v=505576973699909490

Since we anticipate new users will be joining MG.Social to check out the mobile app, we wanted to put together a quick guide that collects everything a creator will need to get started joining and creating monetized content on MG.Social. We will also explain how monetization on MG.Social works and rules of the road for the platform.

What do you need to get started:

1. A $5 monthly subscription to Coil.com (required)
2. An ILP payment pointer to accept streaming micropayments to your postings (optional)
3. A Xumm XRPL account to send and receive XRP tips on postings (optional)

Coil and the Web Monetization Standard represent a new paradigm for monetizing content on the web, ad-free with a single paid subscription. For those just starting out with this technology, please refer to this excellent guide, which will walk you through setting up a Coil account and obtaining an ILP payment pointer from a wallet provider (Uphold is the wallet provider shown).

You will need a paid Coil account to join MG.Social. After obtaining your subscription you can now use your Coil account to login to MG.Social using either the mobile app or on the web at https://mg.social

After creating your MG.Social account you have the option to add your ILP payment pointer address to your MG.Social account settings to begin accepting streaming micropayments on your postings. From the app this can be done by going to your profile and clicking the edit profile icon in the upper right corner of the screen. The edit profile screen will be displayed, add your payment pointer to the 'Payment Pointer' section:

For those who wish to accept XRP tips on their postings, download the Xumm app for your mobile device. Follow the prompts in the app to setup a new XRPL wallet address (A 20 XRP fee is required to activate a new XRPL address). Once you have your Xumm XRPL wallet address created and activated, add it to your MG.Social account settings:

For more detailed instructions on setting up a Xumm wallet refer to the video here.

How does monetization work?

After a creator has added their ILP payment pointer and/or their Xumm address to their MG.Social account settings they will have ability to create monetized postings on MG.Social. The two forms of monetization for postings on MG.Social are Coil web monetization micropayments and XRP tips through the Xumm app.

Web monetization micropayments (Coil): when another MG.Social user is viewing and interacting with your posted content they will be streaming you small payments ($.36/hr). Creators can choose to be paid out in either XRP or USD.

XRP tips (Xumm): MG.Social users can send XRP tips to your postings using the Xumm mobile app for iOS and Android. XRP is a digital asset that settles in seconds with transaction costs of a fraction of a penny.

You can check how much monetization your posts have generated by going to the 'Earnings' section of the mobile app or by visiting your profile page on the website.

How does MG.Social earn revenue?

We do not take any cut of the streaming micropayments or XRP tips that MG.Social users send to creators when viewing their monetized content. We earn revenue by web monetizing the ancillary pages of MG.Social (such as the login page, lastest member page, etc.) with Coil. This revenue allows us to develop and scale the platform ad-free. MG.Social will never sell user data to advertisers.

Rules of the road

1. Only monetize your own original content:

As a creator on MG.Social it is your responsibility to ensure that you monetize only your own original content. When posting content created by someone else always make sure to clear the 'Monetized' flag and attribute your source.

2. No nudity or adult content:

Although we value free expression, for liability reasons we do not allow any nudity or adult rated content to be posted to MG.Social.

3. Be respectful of one another:

MG.Social currently has a small group of dedicated creators and users utilizing the platform. As we grow we want to maintain the positive atmosphere and feeling of community that we have developed so far.

Any questions or issues anyone has feel free to reach out to us on any of our various platforms or send an email to admin@mg.social. Until next time take care!

In today's MG.Social mobile app update video we show streaming micropayments to creator's postings using Coil and the Web Monetization Standard.

https://cinnamon.video/watch?v=547689358681966085

Our mobile app is currently under development with a scheduled release for early 2021.

This demo is running on our development platform. The production platform can be accessed from the web at MG.Social.

In today's MG.Social mobile app update video we show the ability to send a tip to a creator's posting using the Xumm mobile app.

https://cinnamon.video/watch?v=544468188029519193

Our mobile app is currently under development with a scheduled release for early 2021.

This demo is running on our development platform. The production platform can be accessed from the web at MG.Social.

Hello everyone! It's MateoXRP again with MG.Social.

https://cinnamon.video/watch?v=515089636591141907

In our latest Cinnamon.Video post we discuss the MG.Social Public Square and show a first look of the network with a live demo.

Public Square is a new standalone social network we are developing that will act as a complement to the main MG.Social offering. Since all Public Square postings will be made onto the XRPL (a public blockchain) they will be permanent and un-editable. This will provide decentralization and censorship resistance capabilities for our user's postings, as the underlying data powering Public Square is not dependent on us, and we are unable to modify it. Eventually we will integrate the ability to cross-post to Public Square from MG.Social.

We will operate a moderated front-end and will filter out posts that go against our terms. We will also open source the Public Square project so that anyone will be able to spin up their own version of the network with their own rules. You could spin up your own version using your own Coil pointer to monetize it. You will even be able to point the software to your own XRPL address and create an entirely new and separate network with its own database if you wish.

Take a look at the demo and let us know what you think! If you have any suggestions for improvement feel free to reach us at admin@mg.social.

Until next time, take care!

This video discusses the MG.Social platform and why it exists:

https://cinnamon.video/watch?v=505576973699909490

Traditional social media is broken.

Existing platforms have made a fortune off the back of your content and data.

They've hogged the financial rewards of their networks for themselves, while selling you out to advertisers.

At MG.Social we think differently!

We have developed a business model for our social network that scales ad-free, while allowing you to get paid for the content you contribute.

How does it work?

To participate you will need an active $5 per month Coil subscription.

What is Coil?

Coil is using blockchain technology to solve the problems faced by current methods for monetizing content on the web.

Traditionally, web monetization has relied on either intrusive advertising and user data mining practices or separate pay wall subscriptions for each site and service being used.

Coil is a single subscription service that grants access to a range of premium platforms and content across the web, such as Cinnamon.Video, Imgur Emerald and GFam.live.

Streaming micro-payment technology is used to allow creators to get paid fairly and instantly as their content is consumed by Coil subscribers.

Requiring a Coil subscription for MG.Social access helps deter bot and troll accounts, improving the community for everyone.

The revenue generated from web monetizing MG.Social with Coil allows us to develop and scale the platform ad-free.

We will never sell your data to advertisers and you will never see ads on MG.Social.

In addition to earning web monetization revenue through Coil,

MG.Social creators can accept XRP tips on their postings using the Xumm mobile app.

XRP is a digital asset like Bitcoin. Unlike Bitcoin, XRP settles in only 4 seconds and transaction costs are a fraction of a penny.

Come check out MG.Social and be part of a new social media revolution, where creators can directly partake in the financial rewards of the social network they contribute to.

Hello everyone, it's MateoXRP with MG.Social. In our last Coil blog posting we discussed our immediate technical roadmap for MG.Social going into the first half of 2021.

MG.Social Progress:

1.0: 2020

2.0: Q1-Q2 2021

3.0: Q3 2021+

We consider 2020 as the 1.0 phase of MG.Social, which was all about getting a fully functional, ad-free, web monetized social network up and running and released to the public.

We consider our upcoming mobile app release, creating a re-designed web front-end and improving our marketing/branding as the 2.0 phase of MG.Social.

That got us to thinking about what we want for the MG.Social platform long-term beyond the first half of 2021.

When we think of what big changes we want for the MG.Social platform going into phases 3.0+, one main area that comes to mind is that of decentralization.

Currently creators on the MG.Social platform are able to share in the revenue generated by the site by monetizing the content they contribute. We also want to implement decentralization, community governance and community ownership of the MG.Social network as well.

Operation:

Currently MG.Social operates as a closed system, open to those who have a web monetization provider (currently Coil). One idea we have is to create a new component for MG.Social that will be a separate, optional portion of the site called “Public Square.”

This portion of the site would emulate a micro-blogging dapp. It's function would be allowing MG.Social users to make posts onto a public blockchain and allow for interaction with off-network users and content.

Posts to this portion of the site would be visible to the public, censorship resistant and not dependent on any one entity to exist (like us). Users would most likely have to pay some sort of small gas fee when they want to broadcast onto whatever blockchain we decide to use. We could implement an existing product like peepeth or create something new.

This would be an optional component of the site that users could participate in as much as they want or not at all. Other portions of the site would continue to operate as normal.

Governance:

We want to give our creators the opportunity to control both the rules of how the MG.Social network will operate and also the direction of the platform's development. We will need to spend time considering the best method to implement community controlled governance into MG.Social, whether it be through the issuance of some sort of governance token or some other fashion. That brings us to the question of ownership

Ownership:

MG.Social creators currently share in the revenue generated by the platform when they monetize the content they post. We would love to give our creators the ability to have an ownership stake in the network itself as well. This would give an added level of investment for our creators in the platform's long term success.

To make something like that happen we will need to take time and thoughtful consideration to the best method for community investment whether through the issuance of a token or otherwise. The next question that arises is what will be the relationship between those with a stake in operations, governance and ownership?

A system will need to be designed to balance this operation, governance and ownership of the MG.Social platform. This will not be a trivial undertaking. We are committed to taking time to explore possibilities for implementing decentralization to help ensure the long term health and sustainability of the MG.Social platform and community.

We thank everyone who has supported us so far and are excited about what the future will bring for the MG.Social platform. Our ultimate goal is to be the best and most creator friendly platform in existence.

We look forward to seeing you monetize your content on MG.Social in 2020, 2021 and beyond!

Hello everyone it's MateoXRP with MG.Social. It's getting near the end of 2020 and it sure has been one strange crazy year for us all. We hope everyone out there has been staying healthy and safe during these trying times.

On a positive note, this year we launched our ad-free, web monetized social network platform: MG.Social!

MG.Social allows creators to share in the rewards of our social network by monetizing the content they add to the platform using Coil and Xumm.

Web monetization revenue allows the MG.Social platform to scale ad-free. Your data will never be sold to advertisers and you will never see ads on MG.Social.

In addition to ensuring creators are fairly monetized for their content, a Coil subscription helps deter bot and spam accounts from the platform, improving the experience for everyone.

Since we launched MG.Social to the public we have been working hard to improve the site and implement the core features and functionalities we needed to make the platform work.

Moving forward into the new year these are the main areas of improvement we are focused on:

1. MG.Social mobile app for iOS/Android: Our goal with our mobile app is not to merely create a shell app for the current mobile version of the site. We are working to build an entirely new MG.Social interface and experience specifically designed and optimized for a mobile device. You can see updates on our Cinnamon Video page: https://cinnamon.video/MGSocial. We hope to ship our mobile app within the next 2-3 months.

2. A new front-end interface for the web version of MG.Social: We have made improvements to the web interface of the MG.Social platform since we launched earlier this year. The current interface of the site is functional, but can feel antiquated and clunky in areas. We want it to be great everywhere! Once the mobile app has shipped we will work on creating an entirely new front-end interface for the web version of the platform. We are going to build it from scratch to ensure that it feels more modern, responsive and professional than ever before. We estimate the new web interface will take between 2-3 months to ship.

3. Improved marketing/branding for MG.Social: We have recently hired a firm to create professional banding, marketing and promotional videos to help us better market the MG.Social platform. We look forward to sharing our new marketing and branding as we get closer to our mobile app launch.

We feel that currently the MG.Social platform is at the 1.x stage of development. Starting with the launch of our new mobile app and then with our web front-end re-design we will be moving into the 2.0 phase of MG.Social. We are focused on doing everything we can to make this the best and most creator friendly platform in existence.

We are incredibly grateful for the progress we have made with MG.Social in 2020 and are extremely excited for the progress we have in store for 2021. We hope everyone has a fantastic Holliday season and we look forward to seeing you in the new year!