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Web3 Social Platforms Rising in the Polkadot Ecosystem: Analysis of 7 Major Projects
The Rise of Web3 Social Platforms: An Overview of Decentralized Social Projects in the Polkadot Ecosystem
In recent years, the concept of decentralized social media has become increasingly prominent. With the development of blockchain technology, people have started to explore how to liberate social networks from the control of centralized giants and return to the original intention of the internet.
The Significance of Decentralization in Social Media
Traditional centralized social platforms have many problems: user data is monopolized, privacy is difficult to protect, and content moderation is opaque. Decentralization social networks hope to return control to users, allowing them to own their data and content.
The ideal decentralized social network should be a protocol, not a company. Just like the email system, different service providers can interconnect. In such a network, user data is stored in a decentralized system, and multiple applications can build different user interfaces on shared infrastructure.
Decentralization Social Project of the Polkadot Ecosystem
Project Liberty
Project Liberty is developing a decentralized social network protocol called DSNP. The project believes that a public social graph free from financial incentives is a key infrastructure for decentralized social networks. DSNP focuses on implementing the most essential functions while leaving other features like content moderation to higher-level applications.
Subsocial
Subsocial is a decentralized social network protocol built on Polkadot and IPFS. It allows users to create their own censorship-resistant social network spaces. Subsocial provides content creators with various monetization methods, such as tips, paid subscriptions, and content NFT creation. Each space can have its own social token, enabling governance similar to a DAO.
Sumi
Sumi is a wallet-to-wallet communication system based on Substrate, which can be seen as the Web3 version of email. It supports secure, decentralized communication between wallet addresses across different blockchain ecosystems.
ComingChat
ComingChat is a Web3 portal application that integrates social, DeFi, and GameFi features. It offers Decentralization identity CID, a multi-chain wallet, and encrypted communication functionalities. CID can serve as an easy-to-remember user identifier and login credential, the multi-chain wallet supports various blockchain ecosystems, and encrypted communication ensures user privacy.
Relation
Relation focuses on building a decentralized social graph. It supports multi-chain identity binding and offers features such as friend matching and interest recommendations. Users can manage their personal homepage and social relationship data through the Relation One app.
Polkadot Name Service (PNS)
PNS provides domain name services for the Polkadot ecosystem, replacing complex blockchain addresses with easy-to-read and memorable domain names. This not only facilitates interaction but also serves as the user's Web3 digital identity, aggregating activity information across multiple chains.
Litentry
Litentry is a Decentralization cross-chain identity aggregation protocol. It supports users in linking identities across multiple networks and provides a reputation calculation infrastructure. Its product IdentityHub helps users manage various accounts from Web2 and Web3 in one place.
Cogency
Cogency is committed to helping media organizations and content creators build trust and explore new revenue streams using Web3 technology. The project collaborates with several well-known media companies and organizations to explore the applications of Decentralization, interoperability, and openness in the future of media.
With the launch of more parallel chains and applications, the Decentralization social projects in the Polkadot ecosystem are expected to deeply integrate with fields such as storage, NFTs, privacy, and DeFi through cross-chain interoperability, creating more innovative application scenarios.