In an attempt to improve user experience, Open conversation is heading toward a new frontier where conversations are not just exchanges of words, but authentic connections facilitated by advanced technology.
The innovative chat application operating on the revolutionary Internet Computer blockchain recognizes the imperative to authenticate users and prevent the proliferation of multiple profiles by launching cutting-edge facial recognition technology.
OpenChat co-founder Matt Grogan emphasizes the app’s goal of achieving “proof of unique humanity.” He recognizes the simplicity of demonstrating one’s humanity, but highlights the greater challenge of verifying individual uniqueness.
Strategically removing the ability for users to maintain multiple online accounts is OpenChat’s solution to discouraging unfair practices like token farming and airdrop exploitation.
OpenChat: a focus on uniqueness
From Grogan’s perspective, this emphasis on uniqueness not only improves security but also promotes a more equitable and transparent user environment within the application.
He highlighted the substantial impact of preventing people from managing multiple online accounts, and emphasized that such a measure could reduce the extent to which certain users exploit token farming or airdrops through the use of multiple accounts.
Grogan sees this as a critical step in promoting justice and integrity within the space, as it addresses the potential for abuse and establishes a more level playing field for all users involved.
By using crypto and nft addresses for identification and revenue generation instead of standard email addresses and usernames, OpenChat has differentiated itself from other traditional social media platforms.
Total crypto market cap at $1.35 trillion on the daily chart: TradingView.com
Platforms like Facebook and Twitter have become more toxic due to the anonymous use of bots and many accounts made possible by this one-size-fits-all approach.
OpenChat partners with Modclub
OpenChat has asked Modclub for help with content control to allay this concern. A group of Modclub moderators will review rule violation reports that users may submit.
OpenChat, which has more than 100,000 users, seeks to foster an atmosphere that encourages users to participate in a moral conversation by assigning moderation tasks to an external platform.
The business model in which tech giants offer free or discounted services in exchange for insights gleaned from consumer data has taken root in the public’s mind. OpenChat developers, on the other hand, present their application as an open Internet service.
OpenChat project co-founder and developer Hamish Peebles explained that the lack of a sponsoring company suggests that user information cannot be tracked or sold.
Peebles clarified that the owners and operators of OpenChat are the holders of the governance tokens. The idea behind OpenChat is to distribute these tokens among users to promote a decentralized ownership structure that differs from the traditional centralized data control paradigm.
The assessment of the global facial recognition market in 2022 it amounted to $5.5 billion, with projected growth of $24.3 billion by 2032. This growth is expected to occur at a compound annual growth rate (CAGR) of 16.4% between the year 2023 and 2032, according to Allied Market Research.
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