Web3 Social Graph Protocol: Creating a Decentralized and Composable Social Structure

At the 2023 Hong Kong Web3 Carnival Hong Kong Social Innovation Night hosted by Relationship, Jessica, founder of the Web3 Social Graph Protocol, introduced how semantic SBT based on Ethereum EIP6239 can construct a multi chain semantic middle layer and construct a decentralized and composable social structure. He said that Relation was about to release its economic model, and its ecological token REL would be air dropped for all users who hold. SOL Profile NFT and early community supporters.

Relationship plans to launch the ecological token REL this year and will support the Web3 application layer three token model

At the 2023 Hong Kong Web3 Carnival Hong Kong Social Innovation Night hosted by Relationship, Jessica, founder of the Web3 Social Graph Protocol, introduced how semantic SBT based on Ethereum EIP6239 can construct a multi chain semantic middle layer and construct a decentralized and composable social structure. He said that Relation was about to release its economic model, and its ecological token REL would be airdropped for all users who hold SOL Profile NFT and early community supporters.

Introduction

The Web3 Social Graph Protocol is a revolutionary new project that aims to create a decentralized social structure. Its founder, Jessica, has introduced a new way of thinking about social networks, one that leverages the power of blockchain and Web3 technologies to create a more open, transparent, and community-driven environment. In this article, we will explore the details of the Web3 Social Graph Protocol and look at how it can be used to create a more decentralized and composable social structure.

What is the Web3 Social Graph Protocol?

The Web3 Social Graph Protocol is a decentralized social network that utilizes the power of blockchain technology to create a more transparent and community-driven environment. It is built on Ethereum EIP6239 and uses a semantic SBT to construct a multi-chain semantic middle layer.
The protocol is designed to allow users to own their data and control their online identities, giving them the ability to interact with each other in a safe and secure way. It aims to create a more decentralized and composable social structure, where users are not tied to a specific platform or service but can move their data and identity across the Web3 ecosystem.

How Does the Web3 Social Graph Protocol Work?

The Web3 Social Graph Protocol works by creating a decentralized social network that runs on a blockchain. It uses a semantic SBT to construct a multi-chain semantic middle layer, allowing users to interact with each other in a more flexible and modular way.
One of the key features of the protocol is its use of SOL Profile NFTs. These NFTs are unique tokens that represent a user’s online identity and can be traded on any Web3 marketplace. They give users complete ownership of their data and identity, allowing them to take it with them wherever they go within the Web3 ecosystem.
The protocol also uses a token called REL, which is the native token of the ecosystem. It will be airdropped to all users who hold SOL Profile NFTs and early community supporters. The REL token will be used to incentivize users to participate in the network, perform social actions, and contribute to the community.

The Benefits of the Web3 Social Graph Protocol

There are several benefits to using the Web3 Social Graph Protocol. First and foremost, it is a more decentralized and community-driven social network. Users are given complete control over their data and identity, and the network is designed to be modular and flexible.
Another benefit is its use of SOL Profile NFTs. These tokens give users complete ownership of their online identity and allow them to take it with them wherever they go within the Web3 ecosystem. This means that users are not tied to a specific platform or service but can move their identity and data across the network.
Finally, the REL token provides an incentive for users to participate in the network and contribute to the community. This means that the Web3 Social Graph Protocol is a more active and engaged social network, one that is designed to grow and evolve over time.

Conclusion

The Web3 Social Graph Protocol is an exciting new project that aims to create a more decentralized and composable social structure. Its use of blockchain technology and SOL Profile NFTs gives users complete control over their data and identity, and its REL token provides an incentive for users to participate in the network and contribute to the community.
As Web3 technologies continue to evolve, it is clear that social networks will need to become more decentralized and community-driven. The Web3 Social Graph Protocol is an important step in this direction, and it will be interesting to see how it develops over time.

FAQs

1. What is the Web3 Social Graph Protocol?
The Web3 Social Graph Protocol is a decentralized social network that utilizes the power of blockchain technology to create a more transparent and community-driven environment.
2. What are SOL Profile NFTs?
SOL Profile NFTs are unique tokens that represent a user’s online identity and can be traded on any Web3 marketplace. They give users complete ownership of their data and identity, allowing them to take it with them wherever they go within the Web3 ecosystem.
3. What is the REL token?
The REL token is the native token of the Web3 Social Graph Protocol ecosystem. It is used to incentivize users to participate in the network, perform social actions, and contribute to the community.