What could be built on top of Subsocial

Subsocial is the leading infrastructure for social dApps built with Substrate, a framework for interoperable and specialised blockchains built by Parity. Subsocial is currently a Kusama Parachain that is developing different types of features to enable developers build social dApps.

Here is a list of features that will probably be implemented on top of Subsocial that will enable different use cases and bring social networks to a new level.

1) NFTs: NFTs could be used to allow creators access a particular decentralised social application, in particular different services could be associated to equipped NFTs, so that once a specific service is not needed anymore, the creator can sell only that equipped NFT on top of the "base" NFT. For these purposes the RMRK standard is the best protocol that can be implemented by Subsocial.

2) Subsocial token transfers: For creators, in order to monetise it is fundamental to receive payments. Moreover, different followers could access private groups with exclusive creator's content.

3) Stable coins: Since the SUB token might be volatile, the creator might prefer a more stable asset for payments. Subsocial could work with Acala to integrate stable coins.

4) Ad Spaces: One of the creator's needs could be to share its space with multiple views(only if accepted) with other users and getting paid for it. The creator can decide to deny or accept the offer in relation to the quality of the proposal and/or quantity of tokens offered.

5) DAOs: This feature would let a creator exchange social tokens or fractional NFTs for a participation right to its community. All tokens/NFTs holders could participate to decide future decisions regarding the community itself. The shareholders could also access some of the creator's monetisation programs; a percentage of the creator's earnings could be shared across the DAO.

6) Smart Contracts: Through smart contracts a much more complex logic could be given to the application, without passing through the front-end. In particular, monetisation customisation would be possible. Moreover more features could be combined in relation to the users needs. Most importantly the interaction between different smart contracts across multiple applications on Subsocial could really bring SoFi(Social Finance) to a new level, combining a lot of different application use cases together and leveraging utility.