Mewe’s integration brought 500K users to Polkadot

Bitcoin decentralized finance, Ethereum applications, Polkadot blockchains… What

about social networks? MeWe, Frequency and Polkadot solved this!

The MeWe platform has decentralized over 500k web2 users to web3 with the

security of Polkadot! And the decentralization potential can reach up to 20M users.

https://twitter.com/mewe/status/1747378556169232861

The main tool used is Frequency's (a Polkadot parachain) Decentralized Social Networking Protocol (DSNP), which has the potential to transform the internet by liberating social networking functionality from closed, proprietary platforms and integrating this functionality into the web itself.

Why does social media decentralization matter?

The main concept of Web3 is to return ownership of data and content to users, which

originally belonged to authors and are now exploited and monetized by web2 platforms.

https://twitter.com/Cointelegraph/status/1651369079280930817

One of the most emblematic cases was the Facebook–Cambridge Analytica data

scandal — In the 2010s, personal data belonging to millions of Facebook users was

collected without their consent by British consulting firm Cambridge Analytica,

predominantly to be used for political advertising… who controls the media controls

the narratives.

https://twitter.com/ursulaok/status/1749348739821543758?s=46&t=8OHoQS5WYvVJ

Decentralization and security are non-negotiable premises in Web3 and that is why

Polkadot is the place to go in the Web3 world.

• Project Liberty backed by Frank McCourt has found a home on Polkadot to their parachain Frequency
• Polkadot offers blockchain-based incentive models with the scale needed for social media
• Polkadot gives the capability to manage costs and figure out how those are allocated social network apps are extremely cost sensitive

https://twitter.com/Polkadot/status/1651256438759497730

There are 4.95 billion social media users globally. This means 61% of the global

population uses social media… Onboarding social media users can be the

catalytic event for the mass adoption of web3.

• Data protection
• Censorship protection
• Tokenized Social Network
• Create2Earn mechanism

Subsocial, a Polkadot parachain, also has a future vision centered on the next

generation of social media. The create2Earn mechanism implemented by them and

inspired by Astar Network’s Build2Earn incentivizes and remunerates content creators

for the data created by allowing $SUB token holders to stake their favorite creators.