Web3 technologies are gaining momentum, aided by the most recent Bitcoin halving, attracting billions of users to start exploring decentralized technologies. So.Social's recently released new set of social protocols are not just another social network like Friend.Tech or Farcaster, but an innovative blend of decentralized social networks, assets, and cutting-edge AI technologies.
Let us explore the project's backstory, core features, and groundbreaking technologies in more detail.
The "SAAG" model
So.Social stands as the pioneering protocol merging SocialFi, AI, Assets, and GameFi into a single entity, leading users towards social interaction 3.0: Full Self-Sovereignty. The integration of tokenomics and social networks incentivizes community members, captivates users' attention through gaming, and allows AI technologies to serve as a realistic community tool.
So.Social aims to address several key issues
User privacy: Users often worry about the privacy of their data, especially in regards to how platforms use their personal information for advertising and data sales. Government regulations tend to support user concerns over platform revenue.
Unfair revenue distribution: Users feel that platforms do not fairly distribute the value they create through their social interactions. Larger platforms might take a significant portion of earned income, leaving creators with less.
Content censorship: Users want free speech but face strict content moderation policies from the platforms they use. These policies can stifle discussions and limit free expression.
Lack of trust in governance: Users must inherently trust social platforms for financial transactions without any guarantee of transparency. For instance, when making charitable donations, users must trust the platform and recipient without further verification options.
What makes So.Social unique
Social infrastructure layer: Changing the way social platforms are structured, So.Social introduces a new social infrastructure layer. This layer can be viewed as a foundational structure that gives platforms more flexibility and lets users control how they interact socially.
Social consensus mechanisms: Groups, communities, or societies have different ways of making collective decisions, including through voting, discussions, or negotiations. Strong social consensus mechanisms are important in ensuring that decisions represent the opinions of the majority while considering the views of everyone involved and are key to healthy community governance.
Sovereign DAO: So.Social's protocols empower users to achieve genuine community governance by offering a practical approach to community management. So.Social adopters can define rules and contracts for their social interactions, enhancing transparency and trust within the community.
Stakeholder governance: In So.Social's ecosystem, all members become stakeholders, bridging the gap between regular users and investors. Every member has the opportunity to earn based on their contributions to the community. This tokenized system encourages active participation in social activities and fosters deeper community engagement and the creation of valuable content.
Community growth mechanisms: Through the introduction of a "GroupUp" model, users are encouraged to invite new members or connect with other users to unlock additional rights and revenue opportunities. This leads to organic growth and strengthens user engagement and consensus within the community. Additionally, So.Social innovatively leverages AI technologies to ensure fair and scientific asset distribution. By depersonalizing this process, a platform may guarantee fairness and transparency in revenue distribution and decision making.
This groundbreaking approach transforms the online social landscape, offering a glimpse into the tokenized future of social networks driven by Web3 technology.
"So.Social is at the forefront of a new paradigm of social interactions, and our social protocols empower users to shape each interaction to their wishes, ensuring transparency, fairness, and trust. Importantly, it grants every community member cultural and financial sovereignty. We envision a future that addresses the social needs of all users," explained Ian, So.Social Co-founder.
So.Social is pleased to invite all builders and users to come together and create a new social ecosystem. Reach out now to So.Social through the form: https://forms.gle/bzxWLAdVKRzanMkm6.
Learn more about So.Social at https://so.social/.