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Home»Blockchain»500,000 users embrace one frequency
Blockchain

500,000 users embrace one frequency

2024-01-21No Comments3 Mins Read
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  • MeWe, Polkadot and Amplica Labs move 500,000 users to Web3, delivering data ownership, privacy and control.
  • Project Liberty’s DSNP integration allows users to claim universal access rights and control their online presence.

Social network MeWe, in collaboration with Polkadot and Amplica Labs, has reached a historic milestone. More than 500,000 active MeWe users have successfully transitioned to the Web3 era by integrating with the Polkadot parachainone_frequency this is according to a tweet at x.

Social network @MeWe successfully moved 500,000 active users on-chain thanks to an integration with the Polkadot parachain @one_frequency and @AmplicaLabs 🌐

This migration from Web 2.0 to Web3 is the largest of its kind and has been executed seamlessly without disruption…

— Polkadot (@Polkadot) January 17, 2024

This migration is the largest of its kind and was performed without disrupting the user experience. This move marks an important step in empowering users with data ownership, privacy and control in the digital world.

Web3 migration successful

MeWe, a globally recognized social network with more than 20 million users, partners with technology development company Amplica Labs to redefine the digital landscape. Together, they leveraged the power of the Frequency blockchain, a Layer-1 blockchain, to enable the seamless migration of 500,000 active MeWe users to the Web3 ecosystem.

This remarkable achievement sets a new precedent for users’ transition from the traditional Web 2.0 to the decentralized Web3, while ensuring a smooth and uninterrupted user experience.

Enabling Web3 functionalities

With this migration, MeWe users are now ready to experience a host of Web3 functionalities that give them more options than ever before. These functionalities include:

  • Data Ownership: Users gain full control over their data, marking a shift away from platforms that often exploit user information.
  • Universal Handle: The ability to claim a universal handle simplifies user identification and interaction in the digital space.
  • Enhanced Privacy: Web3 provides increased privacy protections, reducing the risks associated with traditional Web 2.0 platforms.
  • More control: Users have more control over their digital presence and interactions, ensuring a safer and more customizable online experience.
See also  IRS forces Kraken to produce records of users with total crypto transactions worth $20,000 or more

In 2022, MeWe revealed its plans to incorporate the Decentralized Social Networking Protocol (DSNP), an open internet protocol introduced by the Project Liberty Foundation.

The Project Liberty initiative, which is backed by a $500 million commitment, aims to create a healthier digital ecosystem by liberating social networking functionality from closed, proprietary platforms and integrating them into the web. This partnership positions MeWe at the forefront of a transformative shift in internet usage and data control.

Amplica Labs’ role in the Web3 transition

Amplica Labs, a key contributor to the Frequency ecosystem and part of McCourt Global’s technology business, played a critical role in making this migration happen. Braxton Woodham, co-founder of DSNP and president of Amplica Labs, highlighted the rapid growth and commitment to developing tools and infrastructure that enable developers to be at the forefront of building the next generation of social networks.

Recently, McCourt Global announced that Amplica Labs has become an integral part of Project Liberty, a comprehensive initiative to challenge Big Tech and usher in a new era of innovation for the greater good. This strategic alignment positions Amplica Labs within the Project Liberty Foundation, a 501(c)(3) organization with an extensive international partner network that includes esteemed institutions such as Georgetown University, Stanford University, Sciences Po and other prominent academic and community organizations.

Amplica Labs’ primary focus within this collaboration will be to develop advanced digital infrastructure, laying the foundation for the future of digital connectivity.

Polkadot is currently trading at $7.20 with a 2.4% decrease in the last 24 hours.

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embrace Frequency Users
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