Inspiration

The boom of Web3 has inspired people to re-examine and restructure the world order from a decentralized perspective. Since our currency and assets can be completely in our own hands, can also our personal data and social network be? The answer is YES.

In order to better understand what’s going on with Web3, we could start with a quick review of the negative side of Web2 social networks. To put it simply, your online identity, social graph etc. are all owned by Web2 platforms, who hold all the power of your belongings but not you. This business model has fed a slew of too-big-to-fail giants at the expense of the ownership of users data and privacy.

Web2 social networks suffered so much when they scaled the market size peak. More or less, everyone of us is at the mercy of a giant algorithmic machine that deprives people of their options and free will.

Social networks play an important role in Web3. Several teams have already been trying to build a decentralized social network. Current focuses about Web3 social networks were mostly on leveraging a different data structure to achieve breakthroughs, emphasizing more of data ownership, privacy and digital identity. The changing value so far was not convincing enough to handle most decentralized network frictions.

As social networks begin to blend with DAO and NFT, the switching motivation from Web2 to Web3 is about economic incentives, rather than moral imperatives. Web3 looks like a protest against Web2 monopolies but it's more of a cultural movement. We come for the culture, stay for the rewards.

What it does

In social networks, relationships which are inborn and innate, like family relations, classmates, colleagues, business partners, etc., tie people together. They were built one by one and once at a time. But what a social networking site can bring to people is that existing relationships can be maintained and most importantly they can expand new networks at the same time.

Compared with social networks, communities have more attractions that they connect people from all different backgrounds but with the same interests. Without communities, it seems impossible for them even to meet each other. The communities can be based on a sharing thing, like a similar lifestyle, professional and geographic locations or merely a common hobby, goal and project.

Clearly, people join communities because they care about the common interests that glue members together. On one hand, a community can gather different people with different purposes. Many stay because they can feel the sense of belongings and urge to contribute to the cause; some come because they want benefits from being part of a community. On the other hand, an individual can often be a part of many different communities. Moreover, communities can overlap and are often nested. For example, a person is both a BAYC and CryptoPunks member.

Compared to social networks, community networks may be an organizational form that is more suitable for DAO. NFTs will act as keys to community networks, governed according to social token ownership.

How we built it

Create and launch your membership Create community memberships and set a variety of entry thresholds Support the issuance of membership to any public chain address to gain multi-chain user growth

Tokenize your content with NFTs Turn pictures, videos, web links, pdfs or 3D types into NFT, and make your content exclusive to your community.

Independent platform Independent domain, fully owned by the communities and creators. Build your own community network.

Challenges we ran into

it's a challenge to make Social Token Issuance、Token-gating Content、Community badge and Community Assets Distribution available.

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