AngryToken is a community project delivering a new concept of social media. We are so accustomed to our digital lives that we rarely take the time to reflect on them. What are the biggest issues in them and how can we improve the situation? Although there has been a lot of media attention around subjects such as fake news and data mining, very little is being paid to the decreasing quality of content or why this is happening. The short answer is that the dominant platforms have the wrong incentive systems in play, so creators don’t get compensated adequately for original and exceptional work, meanwhile the rest of us are forced to drown in the meaninglessness of Buzzfeed listicles. The current approach is dangerous, because these platforms are feeding us low quality information.
Without good information, we can’t make good decisions, nor can we act appropriately. We need a system that encourages great content so that creators can get paid fairly, we can get informative and entertaining content, and so that discourse doesn’t continue to circle around the drain pipe.