Social community MeWe will combine with the Frequency blockchain community, a parachain of Polkadot, in response to an April 26 announcement at Consensus 2023. The announcement added that the corporate will start shifting its customers’ accounts over to the community throughout this quarter.
Simply in from #Consensus 2023 – Polkadot parachain @one_frequency has introduced a significant partnership with social networking app @mewe to attach its 20 million customers to Polkadot and the Social Net, giving every of them a social id and full management over their very own knowledge. pic.twitter.com/O39RNtEhDy
— Polkadot @ Consensus 2023 (@Polkadot) April 26, 2023
MeWe was launched in 2012 and has been touted as a “Fb different” with allegedly higher privateness protections. An Axios report in September said that the community had over 20 million customers. Frequency launched as a Polkadot parachain in November.
At a Consensus 2023 panel referred to as “Laying Web3’s Basis With Decentralized Social Networks and Information Rights,” MeWe CEO Jeffrey Edell said that the transfer will enable MeWe to make a everlasting dedication to knowledge possession for customers:
“Blockchain is like doubling down on privateness. So now you’re permitting the expertise to do what corporations promise […] Sometime MeWe may get acquired by somebody, a giant firm, and in that occasion, the privateness facets could possibly be misplaced, however as soon as we decide to the blockchain, we’re committing to that privateness aspect.”
“We by no means surveilled, we by no means amplified unhealthy information or misinformation, that’s simply not one thing we do, so we’re very logically set as much as transfer into the Web3 world,” he stated, including, “Now we have to kind of march into that slowly and prudently however with full dedication.”
In line with the announcement, the mixing between MeWe and Frequency relies on the Decentralized Social Networking Protocol (DSNP), which Woodham labored on as a part of Frank McCourt’s Challenge Liberty. McCourt allotted $100 million to that challenge in June 2021.
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Amplica Labs was the preliminary technical contributor to Frequency. Its president, Braxton Woodham, who was additionally on the panel, emphasised that the partnership between Frequency and MeWe is not going to remedy all issues in social media immediately. Nonetheless, he claimed that it will present a primary framework that app builders can construct upon to repair a wide range of issues sooner or later.
“Social networks contain loads of totally different issues, starting from the consumer expertise to moderation to AI algorithms for curation,” he stated, explaining that “it’s just about inconceivable to unravel all issues directly, and so the strategy we’ve been taking collectively is, let’s hyperlink our digital presence collectively on the internet to create the social net. That units up the flexibility to assault the information layer and strategy these tough issues.”