INCLINE VILLAGE, Nev. - TelAve -- Netverse® by Phinge® seeks to disrupt big social media platforms in the App-world by offering a fundamentally different model built on users owning and monetizing their own data through its patented Netverse and Phinge hardware-based security, and a rewards-based, verified social ecosystem.

In addition to competing with these platforms directly on features, Netverse will challenge their core business models, which rely on ad revenue generated from user data.

Here's how Netverse looks to disrupt disrupt the big social media platforms:

Data ownership and user monetization

• Netverse platform: Phinge's patents enable a system where users own, control and can monetize their data. The Netverse platform is designed to reward users directly for their engagement and content creation through a "dollar-for-dollar" rewards system.
• Social media today: Big social media platforms in part operate on a surveillance capitalism model, where user data is collected and sold to advertisers without compensating users for the value their data creates. Netverse's model of rewarding users directly challenges this core tenet, potentially shifting user loyalty to a platform where they benefit financially from their own online activity.

Netverse and hardware-based verification and security

• Netverse platform: Netverse requires users to be verified through Phinge's patented, proprietary hardware and devices upon sign-up. This hardware-based verification will provide a high level of security and identity confirmation, reducing the risk of fraud, fake accounts, and scams.
• Social media today: Social media platforms struggle with issues like bot accounts, misinformation, catfishing, impersonation accounts and scams because their verification methods are not as robust. Netverse will create a "safer, verified marketplace" where interactions are more trustworthy, offering a significant advantage over current platforms plagued by anonymity and abuse.

Integrated rewards ecosystem

• Netverse platform: The Netverse platform will feature a universal rewards system that can be earned and redeemed across the entire Netverse, including social media and third-party platforms and merchant purchases. Users earn rewards by creating and sharing posts, videos, content and more, when other users purchase goods or services from them. They may spend their rewards at all verified businesses and third-party platforms on Netverse.
• Social media today: Traditional social media platforms primarily offer social capital (likes, shares) as the reward for engagement. Netverse, by contrast, will offer tangible, monetary value for online actions. This provides a more direct incentive for user engagement and could draw users away from ad-centric platforms. For instance, a user who earns rewards from creating a video on Netverse can spend those rewards at any Netverse third-party business and platform, online or in the real world.

Revenue for content creators and public figures

• Netverse platform: Public figures and content creators can refer fans and followers to Netverse and can earn 1% of the gross dollars those users spend on the platform in rewards, forever. This offers a continuous and predictable revenue stream, unlike the often opaque and fluctuating ad-based revenue shares on existing platforms.
• Social media today: On current social media and video centric platforms, content creators are at the mercy of the platform's algorithm and ad revenue policies, which can change without warning. Netverse's model gives creators more control over their monetization, reducing their dependency on a single platform and potentially offering more reliable income.

Seamless, app-less experience

• Netverse platform: Netverse will be "app-less," meaning all social media functionalities are accessed directly through Phinge's hardware, with no need to download or update separate apps. Users can create content once and distribute it across all platforms on Netverse, including third-party ones.
• Social media today: The app-centric nature of today's social media creates friction, as users must download, manage, and update multiple applications. Netverse's seamless, integrated platform will remove this friction, offering a more streamlined and convenient user experience.

Third-party global social media platforms could earn 1% of the gross dollars their users spend on Netverse.

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First the third-party social media platforms would join Netverse and be verified. Then whenever any of their users, join and are verified on Netverse, the social media platform will earn 1% of the gross dollars they spend through their social media platform on Netverse.

Summary of Netverse disruption

Netverse's strategy is not to build a better version of today's App-based social media platforms but to re-architect the entire social media ecosystem and experience to benefit the users-creators. By giving them ownership, control and monetization of their data and rewarding them financially, it will challenge the core advertising-based revenue model of today's big social media companies. Combined with hardware-level security and a unified rewards system, Netverse aims to create a more transparent, secure, and financially rewarding online environment for both users and content creators.

You may learn more about Netverse and its patented, magnetically attachable smartphones and devices by visiting Phinge's websites at
https://www.phinge.com

To get on a contact list please fill out the online form here
https://www.phinge.com/netverseai.html

About Phinge Corporation

Phinge was founded and through Netverse® is being developed to disrupt today's outdated App technologies, including the App-store duopoly, by partnering with and giving its users and businesses ownership and control of their data, enhanced privacy and a better overall mobile experience including their ability to monetize it.

Phinge through its upcoming patented Netverse App-less technology platform with proprietary AI, will be a better, safer, verified and rewarding alternative platform and technology for users and third party businesses and developers to today's App stores, operating systems and ecosystems of Apple, Google and Android.

Netverse will not be an App or Super App that resides on the major technology platforms of today.

Instead, it will be a standalone, all-in-one, app-less platform, accessible only through Phinge's revolutionary, patented, Mobile Hardware which includes Magnetically Attachable/Detachable Phones, Tablets, Mobile Gaming Systems and peripherals like the stylish, wireless earbuds with interchangeable batteries and built-in sensor screens for continuous usage without recharging. Smart Watches that never need to be physically charged as they come with stylish external, interchangeable bezels with built-in rechargeable batteries and come in a variety of colors, patterns and finishes.

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Netverse will be a verified, centralized-decentralized platform.

Centralized in the way it provides universal safeguards through verification of all users, businesses, organizations, entities and IP through Phinge's patented Netverse technologies and hardware.
Centralized because Phinge and Netverse will be compliant with all government regulations regarding data and privacy.

Decentralized because all third party platforms will be compliant with all government regulations regarding data and privacy as soon as they are verified and join Netverse.
Decentralized because its users, businesses, organizations and entities will have the power to live, work and thrive in a verified world.

Netverse will benefit all verified users and approved, verified third party businesses, developers and platforms on Netverse in ways not possible with today's technology including total verification of all users, businesses, organizations, platforms and entities.