KNN3 2022 RECAP - Moving forward to DataFi Era

2022 promises to be a year of taking risks and embarking on exciting journeys. We are delighted with the success of KNN3 and wish to share this with you in our annual recap to illustrate the progress we have made, as well as KNN3's performance and other highlights of the year.

KNN3 Network is a trailblazing Web3 company that offers a comprehensive DataFi solution for decentralized applications (d/Apps) and smart contracts, tailored to the user's needs. In light of the current progress in high-growth technologies, we managed to secure $2.4 million in seed funding this year, with the purpose of further investing in the groundbreaking DataFi framework and expanding our team.

Let's now venture into the cheerful, stimulating, and heartening experiences of the KNN3 from the past year!

What We Have Reached

Product Development

  1. MashMesh

To demonstrate how cross-platform data interoperability can enable a huge potential market of social discovery, we’ve developed MashMesh, a social discovery engine for web3 users, which is fully backed by users' multi-chain social and behavioral data. At ETHBogota Hackathon 2022, MashMesh was awarded Best Social Dapp with Lens Protocol and Best Mobile UX prizes.

MashMesh was designed as a Web3 multidimensional relationship explorer powered by KNN3 GraphX, it allows users to explore Web3 entities and relationships in a graph visualized way. Users are able to find and connect friends by a variety of existing underlying entities and relationships, such as DID persona, asset holdings, event attendance, governance votes, social follows & domains, etc.

🔗 Learn more about MashMesh:

🔗 Dive into MathMesh:

  1. GraphX

We developed GraphX, a real-time and flexible Web3 relationship graph network, designed for use in social relationship recommendation and content recommendation applications. It uses a knowledge graph to accurately present the relationship between users and their behaviors on the blockchain. Users can query various types of data, including addresses, POAPs, NFTs, and ERC-20 tokens through GraphQL.

  1. DVC

DVC (Dynamics Verifiable Credentials) is a tool designed to facilitate more advanced labeling capabilities for GraphX. It is a verifiable and queryable label service that allows the identification of entities or relationships. The tool uses the Spark real-time analysis engine for data aggregation, analysis, and uploads to S3 or other decentralized file services. It also offers support for data analysis, query functions to ensure data reliability, batch data upload, data change capture, and data query functions to identify user characteristics.

  1. Use Case Solution
  • KNN3 | Quest3

KNN3 Network and Quest3 had formed an alliance to create the Virtual Credential Service, serving as the infrastructure for Quest3's on-chain quest system. This system enabled Quest3 to ascertain whether a Web3 user was qualified to perform a specific task. Supporting this endeavor were DCP revisors, data experts and Web3 engineers who helped write DCP proposals that were publicly accessible.

  • Impossible Finance Loyalty System

Impossible Finance Loyalty System is part of the Data Collaboration Proposals (DCP) infrastructure supported by KNN3 Network and POD. It uses a token holding threshold to validate users’ eligibility to join the Impossible Friends group. Through KNN3’s DVC service, Impossible Finance users can provide historical behavior tags which are then used to generate scores. These scores are then used to reward Loyalty users based on their historical behavior. As a result, Loyalty users are given various benefits which encourage user loyalty and help build the community infrastructure in Impossible Finance.

🔗 For more info:

  • zkDVC - ZK Dynamic Verifiable Credential Service

zkDVC is a Threshold-based Credit Issuance Template Module on Polygon ID, allowing on-chain creators to assess user behavior data and issue credits based on multi-chain user identities & activity aggregation and threshold mapping with zkEVM & Iden3. It is built with Golang , Iden3, and zk. It focuses on template-based claim schema extension, support for continuous tracking and revocation, and aggregation and anonymous credit issuance of multiple addresses. Dynamic Verifiable Credentials, powered by KNN3, enable real-time data authentication of user accounts on the chain.

  • Hybrid Smart Contract Use Case

Hybrid smart contracts utilize a combination of on-chain and off-chain elements to provide greater security and efficiency. With the help of KNN3 multi-chain user data aggregation service & Chainlink Oracle Network, these contracts are able to access external data sources to validate conditions and process data prior to execution, thereby enabling a more comprehensive smart contract operation that takes advantage of the off-chain data and computation capabilities.

KNN3 Integrated Data Type

DIDs

  • Next.ID Avatar

  • ENS

  • .Bit

  • SpaceID (Binance Account Bound)

Credentials

  • POAP

Social graphs

  • Twitter

  • RSS3

  • Lens

Defi

Lens handle behavior

  • Lens handles

  • Publication

  • Post mirrored

  • Post comments

  • Post collects

Other customizable type

🔗 Check more details in DCP:

🔗 Reference:

Hackathon | Build With Community

This year, the KNN3 team participated in hackathons around the world and accomplished remarkable success!

MashMesh won Grants at ETHBogota Hackathon 2022

Lens on MashMesh is a Lens extension specifically designed for use with MashMesh. It allows users to explore social relationships on the Lens protocol in a graph-style view, rather than the traditional list view. It also enables users to view Lens profiles and follow others with one click.

MashMesh was recognized with awards at ETHGlobal 2022:

1)🏆Polygon — Best Social Dapp with Lens Protocol

2)Lens Protocol — 🥈 Best Mobile UX prizes.

These are significant accomplishments and indicate that MashMesh is well-regarded by users and experts in the field.

Enjoy a fun & intuitive compiling experience on top of MashMesh

🚀MashMesh:

KNN3 DJMP (Data Job Management Panel), a user-friendly web app that allows developers to execute jobs that can process off-chain data and schedule the delivery of results to smart contracts won 🏆the third-place Chainlink Services prize.

KNN3 DJMP leverages Chainlink Automation and Any API to provide a one-stop solution for on-chain and off-chain data fetching, processing, and delivery.

🚀DJMP:

ETH Global Bogota

Our project, "Lens on MashMesh", is an extension of the MashMesh search engine for EVM users, allowing them to visually explore someone's social relationships on the Lens protocol. It integrates the Lens protocol's profileNFT & FollowingNFT, allowing users to check one's Lens profile, social status, and find interesting Lens friends through a multi-dimensional network of assets, events, social status, and other on-chain behaviors. The search engine is backed by the GraphX protocol, which aggregates users' multi-chain user assets, social status, and behavioral data all in one place.

🔗 For more info:

Partnerships

The integration territory has been widened to a new level, let’s take an overview of the whole partnership mapping in 2022.

Protocol co-builders

  • PODDB x KNN3 | DCP: An EIP style Data Collaboration Proposal, which is a Public Infrastructure for Web3 Open Data Sharing and Co-building

Co-Build Partners

  • .bit x KNN3 | integrated self-sovereign data container as relational data into KNN3 Network graph database

  • RSS3 x KNN3 | user footprints integration and data indexation

  • Next.ID x KNN3 | identity-first & off-chain identity data for more comprehensive profiles

  • MashMesh x KNN3 | Web3 multidimensional relationship explorer based on GraphX

  • Quest3 x KNN3 | Virtual Credential Service for constructing on-chain quest system

  • Dmail x KNN3 | integrated KNN3 GraphX to accelerate social discovery with privacy protection

  • Lens protocol x KNN3 | MashMash on Lens | a Fun & Intuitive social discovery experience in Web3 based on Lens Protocol

  • Algorithm Registry | allow users to choose algorithms independently

  • Proof of Soul x KNN3 | SBT relationships are able to populate via KNN3’s graph solution

  • MetaMail x KNN3 | Friends recommendation

  • AddressInsight x KNN3 | make up the Interface Layer and part of the Analysis Layer

  • Shorum x KNN3 | A NFT distribution platform that uses GraphX to find the right audience

  • Ozono x KNN3 |  A lightweight NFT display page based on GraphX

Infrastructure Partners

  • PingCAP x KNN3 | empower on-chain & off-chain database

  • 4EVERLAND x KNN3 | A decentralized front-end hosting service for MashMesh

  • Chainlink x KNN3丨AnyAPI Powering decentralized credentials & Automation | Triggering off-chain data processing and on-chain delivery

  • Unifra x KNN3 | Providing blockchain data solutions

  • everFinance x KNN3 | Providing DVC service via Arweave

  • Dev3 x KNN3 | deploy low-code & smooth automation on d/Apps

  • blockless x KNN3 | Verifiable Dynamic Credential (VDC) service to strengthen the utilization of trustless data

Ecosystem Partners

  • Mask Network x KNN3

  • Showme x KNN3

  • Impossible Finance x KNN3

Events & Conferences

ETH Shanghai Hackathon 2022* *

⏰ 20th. May. 2022

As one of the sponsors and a member of the judges, KNN3 Network was pleased to see 24 impressive finalist projects presenting in the demo day, and 6 magnificent projects were empowered by KNN3 Network.

‘From Dali to Dalifornia’ Web3 Meetup

⏰ 19th. Aug. 2022

KNN3 Network team showed up "From Dali to Dalifornia" Web3 Meetup hosted by Chainlink. We unfolded our vision for web3 infrastructure and web2-Web3 & multi-chain interoperability & DID. KNN3 Network mainly talked about the idea of web3 interoperability along with Ethsign, Moonbeam and Synthetix.

Reference:

Welcome to Singapore Party

⏰ 26th. Sep. 2022

KNN3 participated in the Token2049 Welcome Party held by AllinWeb3 in Singapore. During the event, Errance, KNN3 Co-Founder, shared the present status of data/DataFi in Web3 and the progress of KNN3, and demonstrated the new product MashMesh powered by KNN3.

SmartCon 2022

⏰ 29th. Sep. 2022

“Make smart contracts even smarter” said Thomas Yu, Co-Founder of KNN3 Network, shared his vision about the web3 infrastructure construction at SmartCon 2022. He also unveiled his vision for the future of smart contracts and how the KNN3 network will empower the entire web3 space.

Ref:

HTAP Summit 2022* *

⏰ 1st. Nov. 2022

KNN3 team shared the corporation's journey of Web3 building a multi-chain DataFi solution at HTAP Summit 2022 organized by PingCAP, bringing all the inspiring speeches together with virtual-exclusive sessions.

Web3 Tech in Singapore

⏰ 8th. Dec. 2022

KNN3 Network hosted a technology-sharing event with our partners PingCAP and Chainlink. Thomas Yu, gave the second presentation: "How to Build Web3 Economy with Blockchain Users Data alone PingCAP HTAP & Chainlink Oracle". He discussed data availability challenges in the Web3 world and shared his experience using PingCAP's HTAP. He also talked about the outlook of the web3 data economy and the opportunities it presents.

Vision in build

The shift from traditional social media platforms to Web3-based social networks has been driven by the desire to take ownership and control of our data, along with the possibility of monetization and the generation of value by capitalizing on individual social worth. It is essential to guarantee data exchangeability is enabled through trustless data streams in order to maintain the inherent value of Web3 data. In 2022, some pivotal occurrences in the realm of social media and content publishing took place and created substantial disruptions in the social atmosphere, prompting more users to focus on certain issues, as follows.

  • Freedom of speech | Content censorship

Recent events have illustrated the necessity for more secure and transparent networks, causing a transition away from commonplace social media outlets to Web3. This transition has been accelerated by recent happenings, such as the 2020 US and global demonstrations, which sought more freedom of expression and less censorship on social media, as well as the Cambridge Analytica scandal of 2018, which provoked worries about user data and secrecy. Web3 systems are decentralized, meaning no single entity or organization oversees the content, allowing users to post and share without fear of censorship. Furthermore, users have more power over their data and privacy since it is not kept in a central position and is more secure.

  • Data Property | Capitalization

As the data property and monetization of content publishing become increasingly important, users have more control over their content and how it is monetized. Web3 has enabled users to access more advanced methods of monetization, enabling them to maximize the financial gain from their work. This transition has provided users with a higher level of transparency and trust in the platform.

  • Importance of Verifiable Social Assets

Verifiable social assets offer a valuable service to individuals by allowing them to prove their creditworthiness without the need for a third-party. These assets are stored on the blockchain, making them readily accessible and visible, and can be employed in transactions between individuals. This eliminates the need for a financial intermediary, which reduces costs and increases the efficiency of the overall financial system. Moreover, verifiable social assets provide a secure and transparent way to verify creditworthiness, as the data is stored on the blockchain and is immutable, giving users more control over their financial information and identity.

Overall, we believe that the events of 2022 were an important step forward for the social landscape. These events showcased the power of social media and content publishing, and the potential that they have to bring people together and create positive change. We are encouraged by the events of 2022 and believe that they will lead to a more socially responsible and safe online environment in the future.

About KNN3 Network

KNN3 Network is a one-stop Web3 User-centric DataFi solution for d/Apps and smart contracts. KNN3 allows d/Apps & smart contracts to interact with cross-platform user-centric data in multiple algo-friendly ways.

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