Economic Models in Social Media Networks

As of the first quarter 2018, Facebook stands at 2.2B users. Given a world population of 7.6B, that means that nearly 29% of humanity is actively participating in this single, centralised, autocratic medium

If tokenised, Facebook’s network value could exceed the GDP of many a nation, yet all the king’s horses and all the king’s men have proven incapable of converting this messaging app into an economy¹

With rumours of an impeding Facebook crypto-currency coming to the surface, we have yet to see whether the platform will fundamentally…