From its inception, social media was meant to be a platform of exchange where individuals and different communities could share their interests, goals, and desires to help form a community around their favorite activities, events, and entertainment. This would be best accomplished by a decentralized network without any central point of failure or control. However, certain market forces of traditional social media platforms and advertising companies resulted in a dependency on centralized frameworks and infrastructure.
Further, the economic incentives of today's social media have resulted in an oligopoly, where a few large companies (Facebook, LinkedIn, Google, etc.) have ended up with more end-user data in centralized data silos. These centralized data stores are tempting targets for attackers and have frequent data breaches, as was the case with Cambridge Analytica's data harvesting and Facebook's own admission of data loss.
From that being said, Tweetx.com is an open source effort to bring back the content that naturally belongs to you, the creators. We want to decentralize the ownership and control of data and redistribute the money that has been accumulated by single point control methods, something we have been missing for the last decade. TweeetX will create a micro-economy around each user and incentivize miners to keep our platform safe and secure.