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Home»Blockchain»Social Network MeWe Heralds Migration of Users to Web3 From Web2
Blockchain

Social Network MeWe Heralds Migration of Users to Web3 From Web2

2023-11-14No Comments1 Min Read
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Social networking app MeWe said it was able to migrate around 170,000 of its users to Web3 while avoiding disrupting their experience in the months following its integration with the Frequency blockchain, according to an emailed announcement shared with CoinDesk on Tuesday.

MeWe said at Consensus 2023 in April that it would be adopting the Polkadot parachain Frequency to bring self-sovereign blockchain-based identities to its 20 million users.

Frequency evolved out of the work of the Decentralized Social Networking Protocol (DSNP), which allows applications to deliver Web3 features to their users. DSNP was supported by Project Liberty, a non-profit funded by real estate billionaire Frank McCourt, as a means of disrupting the Web2 social-network paradigm of platforms like Facebook and X, formerly Twitter.

“MeWe is showing the industry how forward-thinking platforms can offer the benefits of Web3, including the ability to reclaim their digital rights and data, without disrupting the user experience,” McCourt said in the announcement.

Read More: What Is Decentralized Identity?

See also  Decoding the not so obvious reason behind Bitcoin [BTC] logging heavy network traffic
Heralds MeWe migration Network social Users Web2 Web3
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