What Socializing Could Look Like in Web3

Web3 is going to be an evolution of the current internet, a new iteration of the web, based on cryptographic technologies. It promises a decentralized, open, and boundless way of interacting amongst people.

In web3, we now have some niche applications that are aimed at crypto traders. Besides all those transactions amongst wallets and DeFi smart contracts, people's behaviors are perceived as valuable as well.  Many people perceive value when staying connected with the community, some would like to follow the hot NFT topics, some want to subscribe to content creators they like. The socializing in web3 will be linking together all the transactions and behaviors amongst multiple chains. We can easily find the information and content we want in Web3 with a better experience.

Here we share some ideas of what we think socializing could look like in web3.

Data agency

The data is created and stored by platform owners through their system in web2, they provide services to users and in return get the data generated as well as the value associated. In web3 the data agency can be individual themselves instead of a centrally managed application. Each individual is able to create a storage space that is owned and accessed by himself only. They have the choice to open part of the data in their storage space and make it public, in return they will get paybacks in terms of better recommendations or fee-based paybacks.

Ownership

Who owns the protocol? In web2, the shareholders are owning the protocol and the board is working for their interest. In web3, individuals own the protocol, they can participate in governance and act for the interest of the community. Individuals own their data. KOLs promote their own ideas and own their content, they receive subscriptions as well as donations or fees.

Empowering people

With social networking becoming more decentralized, the role of people may change. The users of Big Tech are generating data and creating value only. Now they can participate in, people can add value to and derive value from the social networking ecosystem. They will have the power to make contributions, raise proposals, vote for governance, etc. By doing so, people are taking over more responsibility from the centralized social app giants.

Relation is the next generation of socializing infrastructure in web3, Relation provides tools and services as a data layer2 to enable people to create and manage their own transactions and behavioral data, and interact with others across all chains. No matter which chains users are active on, they can manage everything in one gateway.  The on-chain transactions and behavioral data generated will be processed by Relation to create value and provide data services to benefit the individual users and developers within the community as a whole.

How Relation Works
How Relation Works

IC One, a one-stop gateway to web3

IC One is a light user plugin that enables users to create their own principal, and fully owned data canisters easily.  Users can privately store and manage anything in the canister, including the contacts, the smart contract wallet, and the authorization given to dApps. By authorizing to dApps, participants give dApps the right to access some of their relationship data. With this gateway, people can collect the dApps that they have ever connected to, the NFTs, and get push notifications of on-chain activities of their followings, across all chains.

IC Graph, an open and intelligent graph database solution in web3

We need a database to store and navigate the relationships in web3, so we created one. The IC Graph is the first graph database deployed as a smart contract on blockchain. IC Graph will be storing all transactions and behavioral data of participants who have given their authorization to contribute to the building of the social graph.  Based on IC graph, we can build a powerful recommendation and community detection system that gives suggestions based on users’ transactions and interactions.

IC Link, enable data access under user authorization to link everyone in web3

IC Link is an open protocol to link people, people and assets, people and dApps, enabling the building of the social graph.

IC link helps the linkage amongst users, dApps, and the global social relation graph for authorization, query, and data retrieval, making the data pipeline. The link makes Relation a data layer2 on top of any blockchains, linking the transactions and behaviors on multi-chains together in one canister.

People-centric social graph
People-centric social graph

Relation is not going to be the next social giant, instead, Relation is empowering social network participants by providing the necessary tools and services that allow them to manage their own data, contribute and govern the growth of social network, and benefit everyone.

A more decentralized social networking ecosystem requires more individual ability and responsibility. By empowering people, Relation is making web3 easy for everyone.

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