- MeWe, Polkadot, and Amplica Labs transfer 500,000 customers to Web3, providing information possession, privateness, and management.
- Undertaking Liberty’s DSNP integration empowers customers to say common handles and management their on-line presence.
Social community MeWe, in partnership with Polkadot and Amplica Labs, has achieved a historic milestone. Over 500,000 energetic MeWe customers have efficiently transitioned to the Web3 period by way of integration with the Polkadot parachain, one_frequency that is in response to a tweet on x.
Social community @MeWe has efficiently moved 500,000 energetic customers on-chain due to an integration with the Polkadot parachain @one_frequency, and @AmplicaLabs 🌐
This migration from Internet 2.0 to Web3 is the most important of its sort and was carried out seamlessly with out disrupting…
— Polkadot (@Polkadot) January 17, 2024
This migration is the most important of its sort and has been executed with out disrupting the person expertise. The transfer signifies a big step in empowering customers with information possession, privateness, and management within the digital realm.
Web3 Migration Success
MeWe, a globally acknowledged social community boasting over 20 million customers, has partnered with expertise growth firm Amplica Labs to redefine the digital panorama. Collectively, they’ve harnessed the ability of the Frequency blockchain, a Layer-1 blockchain, to allow the seamless migration of 500,000 energetic MeWe customers to the Web3 ecosystem.
This exceptional achievement units a brand new precedent for transitioning customers from the normal Internet 2.0 to the decentralized Web3, all whereas making certain a easy and uninterrupted person expertise.
Empowering Web3 Functionalities
With this migration, MeWe customers at the moment are poised to expertise a bunch of Web3 functionalities that empower them like by no means earlier than. These functionalities embody:
- Knowledge Possession: Customers achieve full management over their information, marking a shift from platforms that always exploit person data.
- Common Deal with: The power to say a common deal with simplifies person identification and interplay within the digital area.
- Enhanced Privateness: Web3 provides heightened privateness safety, decreasing the dangers related to conventional Internet 2.0 platforms.
- Elevated Management: Customers have better management over their digital presence and interactions, making certain a safer and extra customizable on-line expertise.
In 2022, MeWe unveiled its plans to include the Decentralized Social Networking Protocol (DSNP), an open web protocol launched by the Undertaking Liberty Basis.
The Undertaking Liberty initiative, which is backed by a $500-million dedication, goals to create a more healthy digital ecosystem by liberating social networking performance from closed, proprietary platforms and integrating it into the online. This collaboration positions MeWe on the forefront of a transformative web utilization and information management shift.
Amplica Labs’ Position in Web3 Transition
Amplica Labs, a key contributor to the Frequency ecosystem and part of McCourt International’s expertise enterprise, performed a pivotal function in making this migration a actuality. Braxton Woodham, co-creator of DSNP and president of Amplica Labs, emphasised the speedy development and dedication to growing instruments and infrastructure that empower builders to paved the way in constructing the following technology of social networks.
Not too long ago, McCourt International introduced that Amplica Labs has change into an integral a part of Undertaking Liberty, a complete initiative to problem Large Tech and usher in a brand new period of innovation for the widespread good. This strategic alignment positions Amplica Labs inside the Undertaking Liberty Basis, a 501(c)(3) group with an unlimited worldwide associate community that features esteemed establishments similar to Georgetown College, Stanford College, Sciences Po, and different outstanding educational and civic organizations.
Amplica Labs’ major focus inside this collaboration can be growing cutting-edge digital infrastructure, laying the inspiration for the way forward for digital connectivity.
Polkadot is at the moment buying and selling at $7.20 with a 2.4% decline within the earlier 24 hours.