If you’re a developer, we’ve also created a tutorial to demonstrate these functionalities for you, you can get started right away with our dev doc here.

​A collectible version of this article is available on Link3. You will also be able to comment, like, and subscribe to the author on Link3.

Web3 has brought forth a new era for social applications, with this one built on the principles of user sovereignty over and interoperability of data. However, to truly compete with modern-day Web2 social applications, these dApps (decentralized applications) must incorporate all forms of content that users have come to expect. Video has become an increasingly dominant medium for content, driving unprecedented levels of user engagement, communication, and sharing. As we transition to Web3, and in order to maintain user interest and facilitate adoption, it is crucial for dApps to offer video experiences that are similarly rich and immersive.

Over the past decade, we have witnessed the skyrocketing rise of video content, with platforms like YouTube, TikTok, and Instagram leading the charge. This growth is primarily driven by the visually captivating nature of video, its information density, the ease of passive consumption, and the increasing accessibility of high-speed internet connections and advanced devices. Video has also opened up new avenues to connect with people. Through live streaming, video-on-demand, and short-form content, people can now share their stories, talents, and expertise with a global audience, often leading to rapid growth in followers and engagement, and monetization opportunities. Video has become a driving force for user-generated content, advertising, and the development of online communities.

Web3 social is empowering individuals and communities to share, create, and engage in a more equitable and self-sovereign digital environment. As the Web3 social space matures and we onboard a wider mass user base, it is essential that dApps keep pace with the growing demand for video content. Integrating video capabilities into Web3 social dApps will enable users to continue enjoying the rich experiences they have come to expect while benefiting from the added benefits of decentralization.

Livepeer's infrastructure brings improved reliability and cost-effectiveness to video streaming. CyberConnect's tools enable developers to easily build composable applications utilizing user-generated content and social connections on the CyberConnect protocol while maintaining user sovereignty over and interoperability of data.

By integrating Livepeer with CyberConnect's decentralized social graph, we can unlock the full potential of video in the Web3 social space.

This collaboration will facilitate seamless video streaming, transcoding, and distribution, and ensures that users can enjoy high-quality, low-latency video content without sacrificing the core principles of decentralization. As we move forward, the synergy between these technologies will play a pivotal role in shaping the future of social interaction, communication, content creation, consumption, and monetization in the Web3 era.

With this integration:

• Developers can add video-sharing to Web3 social dApps

• Livepeer videos can be published/minted as EssenceNFTs in the CyberConnect protocol

• Users can collect videos as NFTs and creators can monetize their content through the use of CyberConnect's customizable and extensible middleware smart contracts.

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If you’re a developer, we’ve also created a tutorial to demonstrate these functionalities for you, you can get started right away with our dev doc here.

About Livepeer

Livepeer is a protocol for developers who want to add live or on-demand video to their projects. It aims to increase the reliability of video streaming while reducing costs associated with it by up to 50x. To achieve this Livepeer is building a p2p infrastructure that interacts through a marketplace secured by the Ethereum blockchain.

About CyberConnect

CyberConnect is a decentralized social graph protocol with identity sovereignty for mass adoption and network effects. It enables users to create profiles as the anchor of users’ decentralized identities. With CyberConnect, users own their social graph, content, monetization channels, and social data allowing them to travel across several dApps seamlessly without having to recreate their network on every new platform.

CyberConnect protocol was launched in November 2021, as the first social graph protocol published. As of Mar 23rd, 2023, CyberConnect has 692k user profiles and 676k monthly active users who have done more than 4.1M transactions.

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​A collectible version of this article is available on Link3. You will also be able to comment, like, and subscribe to the author on Link3.