Blockchain

500,000 Users Embrace One Frequency

  • MeWe, Polkadot, and Amplica Labs transfer 500,000 customers to Web3, providing knowledge possession, privateness, and management.
  • Venture Liberty’s DSNP integration empowers customers to say common handles and management their on-line presence.

Social community MeWe, in partnership with Polkadot and Amplica Labs, has achieved a historic milestone. Over 500,000 lively MeWe customers have efficiently transitioned to the Web3 period by means of integration with the Polkadot parachain, one_frequency that is in response to a tweet on x.

Social community @MeWe has efficiently moved 500,000 lively customers on-chain because of an integration with the Polkadot parachain @one_frequency, and @AmplicaLabs 🌐

This migration from Internet 2.0 to Web3 is the most important of its type and was carried out seamlessly with out disrupting…

— Polkadot (@Polkadot) January 17, 2024

This migration is the most important of its type and has been executed with out disrupting the consumer expertise. The transfer signifies a big step in empowering customers with knowledge possession, privateness, and management within the digital realm.

Web3 Migration Success

MeWe, a globally acknowledged social community boasting over 20 million customers, has partnered with know-how growth firm Amplica Labs to redefine the digital panorama. Collectively, they’ve harnessed the ability of the Frequency blockchain, a Layer-1 blockchain, to allow the seamless migration of 500,000 lively MeWe customers to the Web3 ecosystem.

This outstanding achievement units a brand new precedent for transitioning customers from the normal Internet 2.0 to the decentralized Web3, all whereas making certain a easy and uninterrupted consumer expertise.

Empowering Web3 Functionalities

With this migration, MeWe customers are actually poised to expertise a number of Web3 functionalities that empower them like by no means earlier than. These functionalities embrace:

  • Information Possession: Customers acquire full management over their knowledge, marking a shift from platforms that usually exploit consumer info.
  • Common Deal with: The flexibility to say a common deal with simplifies consumer identification and interplay within the digital house.
  • Enhanced Privateness: Web3 gives heightened privateness safety, decreasing the dangers related to conventional Internet 2.0 platforms.
  • Elevated Management: Customers have better management over their digital presence and interactions, making certain a safer and extra customizable on-line expertise.
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In 2022, MeWe unveiled its plans to include the Decentralized Social Networking Protocol (DSNP), an open web protocol launched by the Venture Liberty Basis.

The Venture Liberty initiative, which is backed by a $500-million dedication, goals to create a more healthy digital ecosystem by liberating social networking performance from closed, proprietary platforms and integrating it into the net. This collaboration positions MeWe on the forefront of a transformative web utilization and knowledge management shift.

Amplica Labs’ Function in Web3 Transition

Amplica Labs, a key contributor to the Frequency ecosystem and part of McCourt International’s know-how enterprise, performed a pivotal position in making this migration a actuality. Braxton Woodham, co-creator of DSNP and president of Amplica Labs, emphasised the speedy progress and dedication to growing instruments and infrastructure that empower builders to paved the way in constructing the following technology of social networks.

Lately, McCourt International introduced that Amplica Labs has turn out to be an integral a part of Venture Liberty, a complete initiative to problem Massive Tech and usher in a brand new period of innovation for the widespread good. This strategic alignment positions Amplica Labs inside the Venture Liberty Basis, a 501(c)(3) group with an enormous worldwide associate community that features esteemed establishments equivalent to Georgetown College, Stanford College, Sciences Po, and different distinguished tutorial and civic organizations.

Amplica Labs’ main focus inside this collaboration will likely be growing cutting-edge digital infrastructure, laying the muse for the way forward for digital connectivity.

Polkadot is at present buying and selling at $7.20 with a 2.4% decline within the earlier 24 hours.

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