Category
Social
Attachments
Projects Progress
Takeaway
“Second, social protocols produce significant amounts of data and transactions. Every retweet, post, comment, etc., is a transaction. At a meaningful social network size (10–100 million monthly active users) would produce significant transaction amounts that far exceed current chain throughputs (Polygon currently has roughly 400,000 daily active addresses). This is by far the most significant challenge.”
Cross-shard Harmony ftw.
Key Insights
- Macroeconomic factors are pushing users to high-revenue, uncensorable social platforms.
- Open Social ecosystems are competitively favored relative to closed-source social platforms.
- Creator revenues and reputation features can provide DeFi ecosystems much-needed inflows decoupled from speculation.