> For the complete documentation index, see [llms.txt](https://ai18plus.gitbook.io/ai18plus_whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ai18plus.gitbook.io/ai18plus_whitepaper/problem-statement.md). # Problem Statement The expansion of social networking and content creation fuels a growing digital economy where creators and users drive value. On the other hand, the rise of the Web 3.0 economy has introduced transformative changes across social networking, fostering decentralization, transparency and privacy in digital transactions. The current lack of extensive Web 3.0 adoption restricts network users from experiencing the transparency, autonomy and control that Web 3.0 can provide. In today’s digital landscape, users - content creators and their audiences - on mainstream social platforms face a range of significant challenges. Platforms like Instagram, TikTok, Snapchat, OnlyFans and other have brought visibility and monetization opportunities to creators, but they are constrained by limitations that affect both creators and users alike. These challenges hinder creative expression, limit earning potential, and raise concerns over privacy, content ownership, access and freedom. **Key problems:** * **High Transaction and Service Fees:** Content creators face substantial fees hitting their earnings since mainstream platforms often charge a significant percentage of each transaction. This affects creators’ ability to monetize their work on a fair basis while, even though fans pay premium rates, a significant portion of the creators’ value does never reach them. * **Privacy Concerns Due to Centralized Oversight:** Centralized control often leads to privacy concerns and potential data leakages for both creators and users of social network platforms. * **Content Restrictions and Censorship:** Creators frequently face restrictions, which can limit the type of content they’re allowed to produce and share worldwide. * **High Cross-Border Fees:** For creators and users in various regions in the world, traditional payment systems might be restrictive and costly. Cross-border transactions incur high fees and creators in certain regions face limited access to global payment options, making it difficult to participate in the digital creator economy. * **Lack of Ownership and Control Over Content:** Current social platforms retain ownership rights over the content shared in their sites. This lack of control over intellectual property and distribution limits creators’ autonomy, creativity and financial potential. * **Lack of a Cryptocurrency Tailored to Creative Digital Content Activities:** Despite the rising demand of platforms supporting this genre, there is a notable absence of a cryptocurrency specifically tailored to the unique needs of the creative digital content’s social networks and content activities sector. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://ai18plus.gitbook.io/ai18plus_whitepaper/problem-statement.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.