Foresting is a South Korean company that is developing a blockchain-based social media network. Their decentralized platform will provide content creators with incentives for contributing to the network that will be powered by the Ethereum-based PTON token.

Reddcoin is building a digital currency platform that can be integrated with major social media networks. It will allow users to send and receive crypto as tips for sharing content. Reddcoin uses a minting process instead of mining and has a Proof of Stake Velocity (PoSV) consensus mechanism.

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Rapids is developing a blockchan-based payment system that can be used across social media platforms. The Rapids Network has a Proof of Stake consensus mechanism, and is powered by the RPD coin.