The blockchain-based social graph entered a permissionless phase, allowing anybody to mint a profile and join the platform. While Web3 social media is developing fast, Web2 competitors remain the industry leaders.
Web3 Investors are optimistic about the DeSoc sector, actively investing in projects that aim to disrupt the dominance of social network firms over their users. But are users empowered with the new media?
Web3 Investors are optimistic about the DeSoc sector, actively investing in projects that aim to disrupt the dominance of social network firms over their users. But are users empowered with the new media?
The blockchain-based social graph entered a permissionless phase, allowing anybody to mint a profile and join the platform. While Web3 social media is developing fast, Web2 competitors remain the industry leaders.
Friend.tech's rapid decline underscores the volatility of DeSoc projects. Meanwhile, Farcaster and Lens Protocol emerge as robust alternatives, demonstrating significant user engagement and innovative features to enhance the decentralized social experience.
Aave's Lens Protocol has just introduced its V2 upgrade on the Polygon mainnet, enhancing its decentralized social media offering with more interactive and secure social networking.
