Friday, April 19, 2024
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Reimagining social media with web3: insights from Money20/20

Money20/20 delved into how self-sovereign digital identities could transform social media platforms and spawn cross-platform revenue opportunities, heralding a new age of ownership and control for users in a wide ranging session attended by Stani Kulechov, the founder and CEO of Aave. During the global fintech event, Money20/20, Stani Kulechov, the

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French senate advances legislation allowing social media influencers to advertise cryptocurrency

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Committee on Economic Affairs in the French Senate has approved an amendment to pending legislation that will permit registered cryptocurrency companies to enlist social media influencers for promotional and advertising purposes. The new wording would enable

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MeWe social network with 20M users to integrate with Polkadot parachain

Social network MeWe will integrate with the Frequency blockchain network, a parachain of Polkadot, according to an April 26 announcement at Consensus 2023. The announcement added that the company will begin moving its users’ accounts over to the network during this quarter.Just in from #Consensus 2023 - Polkadot parachain @one_frequency

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Web3 social media protocol launches ‘layer 3’ to provide instant posts

The team behind Lens, a Web3 social media protocol, has announced the launch of a new “layer 3” network to scale blockchain social media apps. Called “Bonzai,” the new network processes and stores posts, comments and shares, taking this data off the Polygon network and thereby increasing scalability for Lens,

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Social Media App MeWe to Bring Blockchain-Based Identities to 20 million Users Via Frequency

Frequency is a parachain of the Polkadot blockchain, meaning it sets its own rules and follows its own logic but is compatible with the main Polkadot chain as well as other parachains. Parachains pay a comprehensive lease to Polkadot, often with funds gathered from their communities, instead of a fee

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VC-Backed NFT Social Platform Metalink Launches Mobile App

Metalink also announced a previously undisclosed $6 million seed round with funding from an impressive list of venture capital funds and Web3 personalities. Investors include Guy Oseary, Gary Vaynerchuk, MoonPay CEO Ivan Soto-Wright, The Sandbox founder Sebastien Borget, former Coinbase Chief Technology Officer Balaji Srinivasan, DJ Justin Blau, Social Capital,

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