Social Network MeWe Heralds Migration of Users to Web3 From Web2
Social networking app MeWe mentioned it was capable of migrate round 170,000 of its customers to Web3 whereas avoiding disrupting their expertise within the months following its integration with the Frequency blockchain, based on an emailed announcement shared with CoinDesk on Tuesday.
MeWe mentioned at Consensus 2023 in April that it might be adopting the Polkadot parachain Frequency to deliver self-sovereign blockchain-based identities to its 20 million customers.
Frequency developed out of the work of the Decentralized Social Networking Protocol (DSNP), which permits purposes to ship Web3 options to their customers. DSNP was supported by Challenge Liberty, a non-profit funded by actual property billionaire Frank McCourt, as a method of disrupting the Web2 social-network paradigm of platforms like Fb and X, previously Twitter.
“MeWe is displaying the trade how forward-thinking platforms can provide the advantages of Web3, together with the power to reclaim their digital rights and knowledge, with out disrupting the consumer expertise,” McCourt mentioned within the announcement.
Learn Extra: What Is Decentralized Identification?
