🦈Fin Connect
Unveiling FinConnect: The Future of Decentralized Social Networking
In the world of web2, social graphs map out connections among users, their content, and interests. These connections are the fuel that drives social platforms, keeping users engaged. But as big tech firms increasingly centralize these graphs, they've become restrictive for users and developers. This is where Friendly Fins steps in, presenting FinConnect – a decentralized, user-governed alternative poised to reshape the face of online social networking.
FinConnect, at its core, is a collection of smart contracts that binds user identities to their content and social ties, allowing rich social data to be captured across multiple EVM-compatible blockchains. With its unique and adaptable middleware structure, storing precious user social data on blockchain databases gives birth to innovative social and community building prospects, particularly monetizing through tokenization.
Content Creation and Ownership
For every user within the Friendly Fins ecosystem, the potential to create and profit from their content is innate. When they craft a new post, photo, or video, it's saved on a decentralized storage system like IPFS or Arweave. Subsequently, FinConnect records the link between the content URL and the creator's identity. This decentralized linking ensures genuine user ownership and reduces the hold of any single platform. The goal is clear: promote honest online interaction and prevent any platform from unfairly controlling or skewing content distribution.
FinConnect also heralds the next growth phase for the creator economy, enabling creators to transform their content into collectibles, further cementing fan support. Using this engagement data, creators can identify and reward their most loyal fans, fine-tuning their growth strategies.
Moreover, comments, shares, and interactions on content are all linked back to the original piece, ensuring authenticity and origin.
Fins: Slap fins with other like-minded web3 individuals!
A standout feature in Friendly Fins is Fins. This non-transferrable NFT acts as a digital badge of a user's community status. Organizations lean on Fins to acknowledge their top supporters, cultivating a digital, unchangeable record of valuable community contributions. It's an ace up their sleeve in identifying like-minded potential members.
And there's good news: Fins is now even more gas-efficient and searchable. Instead of individual ERC-721 contracts for each Fins, a single ERC-1155 smart contract will streamline operations and boost NFT discoverability.
Subscription: Monetize Your Community
In the online world, relationships form the backbone of social networks. Creators should have the tools to capitalize on the bonds they've fostered. Friendly Fins' subscription model empowers creators to monetize their exclusive content. Creators set a monthly subscription fee, and subscribers prepay for at least a month to access exclusive content.
Middleware: Customization at Your Fingertips
FinConnect adopts a middleware architecture, offering a realm of design possibilities. Middleware, in essence, are modules of custom logic codes that enhance social network behaviors.
Friendly Fins offers a selection of middleware for developers, catering to common computational patterns. For instance, if dApp A and dApp B want to tailor their platforms for specific user groups, the foundational pattern remains the same – only the targeted user group differs.
Developers everywhere are encouraged to contribute, broadening the selection of plug-and-play middleware options.
Last updated