The Metanet is the next version of the internet, a version of the internet that is built on Bitcoin SV, where all activity that takes place is recorded on-chain. On the Metanet, corporate giants like Twitter and Facebook will not profit off of your data without giving you a share of the revenue that you generate. The Metanet gives individuals complete control and ownership of their data, rewards good content, seamlessly establishes intellectual property and ownership rights, and solves many problems that the internet currently has.
What are the problems with the internet?
The current version of the internet leaves the web user at a disadvantage. Corporate giants let individuals use and access their websites for “free.” However, they harvest the data that users generate and sell it for a profit without giving the web-user a share of that revenue.
The internet is not legally binding, which leaves everyone at a disadvantage when it comes to intellectual property (IP) and ownership rights. When a web user posts on the internet, there’s no guarantee that a court of law will uphold an initial post as evidence that establishes intellectual property or ownership of the published content. This can have unfortunate consequences. Ideas and IP could be capitalized on by people who did not originally create the content with there being no repercussions because the initial post on the internet does not serve as evidence that establishes ownership rights.
On the current version of the web, trolls run rampant and are not punished for their toxic behaviors. Trolls continue to flood websites and social media networks with their toxicity because they can do this at no cost. Although trolls create suboptimal experiences for other internet users, they face no punishment for doing so.