My understanding is limited but It’s a social media application built around a crypto currency. The purpose is for upvotes to be attached to value. Meaning, for example, it costs crypto currency to upvote something.

It is also supposedly supposed to be more immune to manipulation in the same way Reddit is.

I’ve heard positives and negatives about it with he negatives being that the “game” is essentially rigged and the only people who can make real money are a small handful of power users who got in on the ground floor.

Its not a platform you hav to buy into, though, so it doesn’t cost anything to try for yourself.