In the new world of digital economies, #SocialMining has become a viable form of employment that can give a chance to a person like Axelljon Carmelotes from the Philippines. This story shows the potential of breakthrough solutions that reshape work, build financial security and support the community.
Axelljon had little faith in Web3 until acquaintances introduced him to Social Mining. Although unfamiliar with its finer details, he felt comfortable, perhaps encouraged by the seeming success he saw others make. Initially, his involvement was low due to his other responsibilities but seeing the effectiveness of Social Mining that it was offering to the other comers made him shift more attention. He next discovered that he could accumulate value in terms of actual rewards in a radically different way from formal work organizations: the small increments which could be accomplished through sustained effort.
As for Axelljon's challenges were associated with the limitations typical for employment: strict requirements and expensive application procedures. While #SocialMining had been a great tool for filtering and sorting information for the user, it also provided a more inclusive option. All it needed was an internet connection and participation, then you could be a part of the campaign. It made him gain access to funds, which he has been able to contribute to his household. From buying such essentials for the baby as diapers to contributing to historical moments such as the Initial Labor Offering, Social Mining helped him to be financially secure and feel valued.
Unlike general working arrangements, Social Mining is not as focused on the physical effort as it is on value creation. Again, activities such as tweeting and engaging in the community endowed Axelljon with the opportunity to make value on his/her own thus promoting independency. His experience also shows that such platforms recast work by linking pay with outcomes rather than time spent on it.
Consequently, Axelljon’s long-term goal is to bolster the growth of decentralized finance while aligning it with the objectives of decentralization to increase the efficiency of the financial industry’s performance and make it more inclusive. His experience can be a shining example of why Social Mining can be such a powerful tool in making opportunities more equal for everybody, regardless of their status, or the conditions they are born into.
