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MeWe social network with 20 million users to integrate with Polkadot Parachain

Published on

April 26, 2023
Read Time:2 Minute, 23 Second

Social community MeWe will probably be built-in with the Frequency blockchain community, a parachain of Polkadot, in keeping with an April 26 announcement at Consensus 2023. The announcement added that the corporate will start shifting its customers' accounts to the community this quarter.

Simply in from #Consensus 2023 - Polkadot Parachain @one_frequency has introduced an vital partnership with a social networking app @mewe to attach its 20 million customers to Polkadot and the social net, giving every of them a social id and full management over their very own knowledge. pic.twitter.com/O39RNtEhDy

— Polkadot @ Consensus 2023 (@Polkadot) April 26, 2023

MeWe was launched in 2012 and has been touted as a "Fb different" with allegedly higher knowledge safety. An Axios report in September specified that the community had over 20 million customers. Frequency was launched in November 2022 as Polkadot Parachain.

At a Consensus 2023 panel titled "Laying Web3's Basis With Decentralized Social Networks and Knowledge Rights," MeWe CEO Jeffrey Edell defined that the transfer will enable MeWe to make a everlasting dedication to knowledge possession for customers:

Blockchain is sort of a duplication of privateness. So now you enable expertise to do what corporations promise [...] Someday MeWe may very well be taken over by somebody, a giant company, and in that case the privateness features may very well be misplaced, however as soon as we decide to blockchain we decide to this privateness aspect.

"We have by no means monitored, we have by no means strengthened unhealthy information or misinformation, that is simply not one thing we do, so we're very logically positioned to maneuver into the Web3 world," he stated, earlier than including, "we by some means must march in slowly and intentionally, however with full dedication.”

Based on the announcement, the combination between MeWe and Frequency is predicated on the Decentralized Social Networking Protocol (DSNP), which Woodham labored on as a part of Frank McCourt's Venture Liberty. McCourt dedicated $100 million to the mission in June 2021.

Associated: The Web3 social media protocol launches "Layer 3" to offer prompt posts

Amplica Labs was the primary technical contributor to Frequency. Its President Braxton Woodham, who was additionally on the rostrum, emphasised that the partnership between Frequency and MeWe won't remedy all social media issues immediately. Nonetheless, he claimed that it's going to present a foundational framework that app builders can construct upon to repair quite a lot of points sooner or later.

"Social networks contain many alternative issues, starting from consumer expertise to moderation to AI algorithms for curation," he stated, earlier than explaining that "fixing all issues directly is just about inconceivable, and due to this fact the method we took collectively let's join our digital presence on the net to create the social net. This creates a possibility to assault the info layer and deal with these tough issues.”



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Azeez Mustafa
Azeez began his FinTech career path in 2008 after growing interest and intrigue about market wizards and how they managed to become victorious on the battlefield of the financial world. After a decade of learning, reading and training the ins and outs of the industry, he’s now a sought after trading professional, technical/currency analyst and funds manager – as well as an author.
Last Updated : April 26, 2023
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