Farokh Sarmad, the founder of Rug Radio, is trying to create the Web3 version of media.

 

Farokh Sarmad, the founder of Rug Radio, is trying to create the Web3 version of media. 

 The platform targets people that work in video, writing, art, and podcasting. 


  • Rug Radio is a decentralized content platform with the following tagline: "Media by the people, for the people."
  • Sarmad wants to revolutionize the media space with Web3 tools. "I know that one day they're going to write about us and what we did," he says. 
  • The company leverages tokenomics by offering reward tokens (RUG) for listeners and viewers alike. 
    • A governance token (RDAO) will be issued to allow the community members to vote on the platform's direction via a DAO. 
  • Rug Radio wants to offer users an alternative to Facebook, Instagram, Twitter, and other Web2 social media platforms. 

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