Introducing SubSocial: An Open Protocol for Social & Finance on Polkadot and IPFS

After the announcement of Gavin Wood yesterday, the community is very excited.

While waiting for more updates, let’s come to the next project selected for 2021 Web 3.0 Bootcamp.

Our #5 will be SubSocial Network.

SubSocial is an open platform allowing anyone to launch their own decentralized censorship-resistant social networks and marketplaces. Subsocial will help you create your own decentralized version of the popular sites they see today, such as Medium, Twitter, Reddit, Instagram, Discourse, Patreon, OnlyFans and more.

Their software uses the Substrate blockchain framework and IPFS for decentralized file storage. This enables personalized news feed and notifications, transparent reputation, full text searching, rich content formats, without sacrificing SEO (search engine optimization).

Using Substrate also allows Subsocial to connect to the Polkadot and Kusama Networks. Polkadot is a next-generation blockchain protocol that unites an entire network of purpose-built blockchains, allowing them to operate seamlessly together at scale. Polkadot will provide cross-chain interaction as well as providing a shared security platform upon which Subsocial can scale whilst remaining secure.

SubSocial has 5 core features including: Serverless Public Timeline, Moderation, Roles & Permissions, Spaces as DAOs, User governance, and Treasury.

Using Substrate will allow Subsocial to connect to the Polkadot and Kusama networks. Polkadot will provide cross-chain interaction as well as providing a shared security platform upon which Subsocial can scale whilst remaining secure. This is social media unbounded.

Read more at: https://dotmarketcap.com/blog-detail/186/introducing-subsocial-an-open-protocol-for-social-finance-on-polkadot-and-ipfs

Keep updating our channel for information about other teams.

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