Social media has reshaped the digital landscape, yet people worldwide feel more disconnected than ever. The big giants have all innovated successfully, but constant monetization efforts for the sake of corporate profit have done away with interpersonal connections, and have therefore transformed the user into the product.
Omni is taking this concept and making it a thing of the past by creating a true alternative to today’s social media platforms. Omni will introduce a holistic, user-focused ecosystem that rewards engagement and forges new connections between users.
Omni combines the best features available today in the social media world into a singular app suitable for messaging, streaming, sharing, and interacting with content and its creators. This is all packaged nicely with market-leading gamification that yields the user profit linked to the performance of the company in the form of OMNI coins.
Announcing the Omni Whitepaper
As Omni is getting closer to reaching its goal of building genuine online communities, the platform has now released its much-anticipated whitepaper. A quick read will unveil Omni’s immense value proposition and its bid to help users regain control over their online interactions.
Whitepaper readers will come to learn more about Omni’s blockchain-based revenue-sharing model. In brief, each interaction via the mega social media app will yield OMNI coins, which can be redeemed within the app at a rate directly correlated with company profits. Earning OMNI is simple and happens passively, while users do the things they already do on a daily basis, like following a post, sharing statuses, building connections with new friends, or live streaming.
Valuable information on OMNI’s tokenomics is also provided, with readers learning more about long-term value growth sustainability for the native token. Relevant know-how on the usage of investment funds, as well as plans on DEX listings and Omni’s marketing strategy, are also provided.
The whitepaper’s rewards structure shows how engagement efforts will be converted into redeemable coins which can be sold back to the company in exchange for profits. Loyal users will be rewarded generously, whereas content creators will obtain fair revenue shares in exchange for their hard work.
The whitepaper goes on to showcase Omni’s ambitious plan to become a true alternative to the big social media platforms, infamous for forgoing user experience in hopes of attaining higher profits. With the focus being placed on providing a user experience that’s beyond immersive, Omni’s whitepaper unveils what social media should be all about.
Readers will also discover Omni’s plans for NFT integrations. In a nutshell, content creators are enabled to easily transfer or license ownership of their works. By integrating NFTs within its value proposition, creators worldwide will fairly and transparently earn royalties within Omni’s social ecosystem. Combined with the revenue-sharing incentive via the OMNI coins, the social media game is transformed into actual revenue streams.
Unveiling Omni’s Social Features
Omni is serious about its goals of reshaping the social media industry. As such, Omni’s whitepaper proposes multiple features, including secret chats, e-commerce capabilities, channels, viral content, dub & duet integrations, and more. While such features are normally accessible via multiple social media apps, Omni combines them within a single interface, building a seamless user experience.
As shown in the whitepaper’s section on user data security and privacy, user interactions like messages remain accessible only to the intended recipients. Omni does not snoop into everyone’s private affairs but rather breeds unparalleled engagement with family, friends, brands, content creators, and more.
About Omni’s Total Addressable Market
By this point, Statista reports that 3.6 billion people used social media in 2020, with the number expected to grow beyond 4.41 billion in 2025. With millions of hours spent browsing feeds on a daily basis, Omni can expect a huge inflow of users, content creators, and brands over the next few years.
The app’s potential is virtually limitless, as it retains everything that’s great about social media, yet drops anything that users dislike. This is deeply discussed in the whitepaper section tackling market analysis and the competitor landscape.
With these aspects in mind, Omni bids farewell to cumbersome user interfaces, lack of synergy, invasive ads, and privacy concerns by setting new standards in the social media industry. It’s finally time to welcome genuine user engagement powered by gamified incentives, with sufficient features to serve as a true competitor for today’s social media giants.
Don’t be a product of your environment. Make your environment your product. Check out the Omni website today to learn more at omni.ai
Join the community on Telegram: https://t.me/omni_app
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Omni is the source of this content. This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
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Amid Rumors Of Dumping Its BTC Holdings, Elon Musk Maintains Tesla Hasn’t Sold Any Bitcoin
Elon Musk has been dragged under the bus by countless bitcoin proponents as the price of the flagship currency continues to take a downward movement. Bitcoin dropped 20%, sending prices to $45,000 as of yesterday.
As of publication, Bitcoin imitates analysts’ predictions that the asset could continue to dip for the most part of this week, and with Bitcoin now trading at $45,065 at press time, their analysis remains valid.
The Bitcoin selloff continues
Asides from the “bearish” tweets from Musk, which to many is simply just the Billionaire’s expression of his dissatisfaction with Bitcoin, Bitcoin could sustain more losses if Tesla sold its remaining Bitcoin holdings.
Following Tesla’s announcement, onlookers spotted a Bitcoin transfer of 19,259, worth over $872 million at press time. Analyst William Clemente observed that the transfer time coincided with Musk’s tweet, hinting that Tesla may have indeed called it a day for Bitcoin.
Musk reveals Tesla’s $1.5 billion holdings still intact, prices soar
However, Musk has recently cleared the air on whether the Bitcoin holdings are still under Tesla’s belt. In what could be considered the most recent positive tweet from Musk on Bitcoin, he wrote “To clarify speculation, Tesla has not sold any Bitcoin.”
Some excited Bitcoiners are holding on to the news as a sign that Tesla has not lost all interest in Bitcoin, despite Musk’s tweets that Dogecoin is a superior asset to Bitcoin. On the other hand, skeptical Bitcoiners are convinced that in a matter of time, Tesla will pull through with its Bitcoin sale.
Recall that Elon Musk teased that this could be the case, given that Bitcoin proponents have continued to critique Tesla’s decision. Shortly after hinting that Tesla might give up its $1.5 billion Bitcoin holdings.
However, Bitcoin has since surged by 7% since Musk’s clarification on Tesla’s Bitcoin holdings.
Bitcoin doesn’t need Elon Musk
Meanwhile, analysts’ who heavily bought the dip have insisted that Bitcoiners pay no mind to the bear market.
In unison, key players agree that “Bitcoin doesn’t need Musk. Rather, Musk needs Bitcoin.” It is unclear where the market is headed going forward, but the sentiments from top Bitcoin proponents similarly claim that the bear trend is only temporary, as Bitcoin is still yet to bottom.
Live Dealer BTC Casino Games – What Can I Play?
Discover if you can play live dealer casino games at leading crypto casinos using Bitcoin and other options with our guide.
In many ways, Bitcoin casinos can offer virtually the same experience as a conventional online casino. This is terrific news if you are thinking of making the jump but are concerned about missing out on games, promotions, and other services. Where do live dealer games fall, though? As only a handful of software providers have committed to introducing cryptocurrencies into the accepted range of currencies for their games, are cryptocurrency casino players set to miss out on playing the hottest live dealer games around? We have had a look, and we have got an answer.
Can You Play Live Dealer Games with Cryptocurrencies?
In a word – yes. Admittedly, not every casino software provider has taken to cryptocurrencies. Many Evolution Gaming live dealer games can be played at cryptocurrency casinos, but you may not be able to “wager” using BTC on some of them. Instead, your Bitcoin deposits will be converted into US dollars for gameplay. It is the same story for many of the smaller live casino software providers out there, too. However, you can certainly expect to play live dealer games at cryptocurrency casinos, even if you cannot wager with them. There are, of course, one or two providers who go one step further and do permit BTC wagers.
Which Software Providers Allow This?
Ezugi is the leading casino software provider to approve Bitcoin as one of their games’ accepted currencies. Ezugi has made sure that you can deposit, wager, and withdraw using BTC on many of their most popular titles. Naturally, you do not have to do this if you choose to play at a cryptocurrency casino that accepts FIAT currencies, as you will be able to wager using FIAT options, too.
What Types of Games Can I Play?
There are several types of gambling and casino games that you can choose to play. If you merely want to play live dealer games at cryptocurrency casinos, you will have an ample array of all the most popular games, ranging from baccarat to blackjack, roulette, table poker and money-wheel and game show titles. Alternatively, if you pop over to Ezugi’s collection, you can also find dice games, lottery-style titles and even keno games, and these can be played using Bitcoin.
Top Casinos Offering Live Dealer Crypto Games
To make the most out of playing live dealer cryptocurrency casino games, you need to find a top site offering them. However, we would advocate that you choose a casino that also accepts FIAT currencies alongside Bitcoin and other cryptocurrency options. Sites such as BitcoinCasino.io fit the bill rather nicely. The main reason for choosing to do this is that you will have access to a full array of games from many live dealer providers. This way, even if you cannot play live casino games using BTC, you can still use FIAT currency options to enjoy an ultra-realistic, live-streamed casino gambling experience.
Galaxy Digital report details Bitcoin consumes less energy than banking and gold.
Galaxy Digital has released a report on Bitcoin energy consumption, detailing how it consumes less than traditional financial industries and the value it can bring. The analysis uses several calculations to ascertain how much energy the Bitcoin network uses and how it stacks up against the banking and gold industries. The authors also noted that the energy usage criticisms are not usually applied to traditional industries.
Bitcoin’s annual energy consumption is estimated to be 113.89 TWh/yr.
Galaxy Digital report lauds Bitcoin for being transparent, while incumbent companies are opaque and don’t often disclose their energy footprint. The authors accept that the Bitcoin network consumes a great deal of energy but assert that this is exactly what secures the network and makes it so robust. According to Galaxy Digital’s calculation, the annual electricity consumption of Bitcoin is estimated to be 113.89 TWh/yr. For some perspective, the energy consumption of always-on devices in the US is 1,375 TWh/yr — 12.1 times that of Bitcoin’s consumption.
The total energy consumption of the gold industry is estimated to be 240.61 TWh/yr.
For the gold industry, the analysts took a look at all of the processes involved, including those directly emitting greenhouse gasses, those indirectly emitting them, and emissions stemming from refinement and recycling. Multiplying the total 100,408,508 tCo2 in emissions with the global IEA carbon intensity multiplier estimates the total energy consumption of the gold industry to be 240.61 TWh/yr. The analysts also noted that the consumption of the gold and banking industries is hard to estimate because of a lack of data on energy usage. This makes it difficult to “have an honest conversation” about Bitcoin’s energy use. The report estimated the banking industry’s energy consumption to be 238.92 TWh/year. Earlier, Tesla announced to discontinue bitcoin payments citing environmental issues.
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