Space Summary
The Twitter Space Reforming Web3 Communities: From Followers to Co-Creators hosted by CharacterXAI. The Twitter Space 'Reforming Web3 Communities: From Followers to Co-Creators' delved into the transformative evolution of Web3 networks towards collaboration and co-creation, emphasizing the pivotal role of decentralized synthetic social networks on platforms like Solana and TON. Discussions highlighted the shift from traditional followership to active co-creation, the significance of AI integration in enhancing user experiences, the benefits of decentralized structures for trust and transparency, and the pivotal role of interdisciplinary collaborations in driving innovation within Web3 ecosystems. The synergy between human creativity and AI intelligence was emphasized as a driving force behind the novel interactions and experiences shaping the future of Web3 communities.
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Space Statistics
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Questions
Q: How is Web3 redefining the concept of followership?
A: Web3 is transforming followers into active co-creators, fostering collaborative interactions.
Q: What role does AI play in Web3 synthetic social networks?
A: AI enhances user experiences, facilitates content creation, and boosts community engagement.
Q: Why are platforms like Solana and TON significant for Web3 communities?
A: They offer fast transactions, low fees, and scalability, optimizing Web3 interactions.
Q: How do decentralized structures benefit Web3 communities?
A: Decentralization empowers users, promotes transparency, and enhances network security.
Q: In what ways does interdisciplinary collaboration drive Web3 innovation?
A: Collaborations between diverse fields spur creativity, innovation, and transformative solutions in Web3.
Q: What advantages does the co-creation model bring to Web3 networks?
A: Co-creation fosters collective intelligence, innovation, and inclusive participation within Web3 communities.
Q: How does AI integration promote creativity in Web3?
A: AI tools enable novel content creation, personalized experiences, and innovative problem-solving in Web3 environments.
Q: Why is trust crucial in decentralized Web3 structures?
A: Trust ensures user confidence, security, and the sustainability of decentralized Web3 platforms.
Q: What impact do technological advancements have on Web3 interactions?
A: Technological progress enhances the efficiency, scalability, and user experiences within Web3 social networks.
Q: How does the convergence of human creativity and AI shape Web3 evolution?
A: The synergy between human ingenuity and AI intelligence drives advancements in Web3 communities, fostering novel interactions and experiences.
Highlights
Time: 00:15:42
Redefining Followership in Web3 Exploring the shift towards active co-creation and collaboration in Web3 ecosystems.
Time: 00:25:19
AI Integration for Enhanced User Experiences Understanding the role of AI in elevating interactions and content creation in Web3 platforms.
Time: 00:35:50
Solana and TON: Optimizing Web3 Interactions Examining the key features of Solana and TON that benefit Web3 communities.
Time: 00:45:37
Decentralization for User Empowerment Discussing the advantages of decentralized structures in fostering trust and autonomy in Web3 networks.
Time: 00:55:21
Interdisciplinary Collaborations Driving Web3 Innovation Highlighting the transformative impact of cross-disciplinary partnerships on Web3 developments.
Time: 01:05:10
Advantages of the Co-Creation Model in Web3 Exploring how co-creation enhances creativity, participation, and innovation in Web3 environments.
Time: 01:15:44
AI Tools for Innovative Content Creation Examining how AI integration fuels creative processes and problem-solving in Web3 contexts.
Time: 01:25:30
Building Trust in Decentralized Web3 Structures Emphasizing the importance of trust for sustainability and user confidence in decentralized Web3 platforms.
Time: 01:35:59
Technological Advancements Shaping Web3 Interactions Analyzing how tech progress enhances the efficiency and scalability of social interactions in Web3.
Time: 01:45:26
Human Creativity and AI Synergy in Web3 Evolution Exploring how the combination of human creativity and AI intelligence drives progress in Web3 communities.
Key Takeaways
- The shift from traditional followership to co-creation is reshaping Web3 communities.
- Decentralized synthetic social networks offer collaboration opportunities between humans and AI.
- Enhanced interactions and experiences in Web3 are facilitated by platforms like Solana and TON.
- Innovations in Web3 aim to foster inclusive and participatory environments for community engagement.
- The convergence of human creativity and AI intelligence drives the evolution of Web3 networks.
- Interdisciplinary collaborations between humans and AI are at the core of next-gen social platforms.
- Web3 communities benefit from decentralized structures that empower users and foster trust.
- Technological advancements in Web3 enhance the scalability and efficiency of social interactions.
- AI integration in Web3 communities opens new avenues for creativity and problem-solving.
- The co-creation model in Web3 encourages collective intelligence and innovative contributions.
Behind the Mic
Introduction and Welcome
Sadeena.
Opening Statements
It it it it. Okay, I think it's time. Ladies, gentlemen, thank you so much for having. For being here today with us. We are still waiting for our two other speakers. So please be patient for a little bit and then we will start as soon as we are ready. Thank you so much.
Confirmation of Attendance
I think we have all our speakers here. I am just managing the process to authorize them as the speakers. Just please give us one more moment. Thank you so much for your patience. Okay, now I think we are all here. So yeah, I think we are ready to go. Let's do it.
Introduction of Speakers
Ladies, gentlemen, this is Yi. I am the co founder and the CEO of character x. And greetings from Tokyo. So normally I am the speaker of our AMA session. But today I decided to switch my role to the host because we are flattered to have the most awesome lineups of speakers today. But before I turn the mic to them and let them steel my founder, I'd like to add a couple of quick notes.
Audience Engagement
So first of all, if any audience is from Slinky, you to you or curl app, welcome. Thank you for joining. And for any audience who haven't joined our ongoing season two, what are you waiting for? So join now and win the biggest reward you can from our warning poll which concludes 2000 EU and lots of points for our airdrop later.
Introduction of Guests
Okay, so without any further ado, let me introduce today's guest. So first of all, we have Tobo, the CMO of Coral app. And then we have Snoy. I hope I pronounced right. I'm sorry. And the co founder and the CEO from Slinky Network. Last but not least, we have Astrid, the CBO from U two. U network. So now it's officially for me to turn the mic to you.
Transition to Speakers
And frankly, I have been having this headache to decide who go first. But I would suggest lady to go first, if I may. So Astrid, would you mind giving a self introduction regarding yourself and your project?
Astrid's Introduction
Yeah. Hello everyone. Yeah, I'm joining by both my nickname and also by YouTube network. So you can get the insightful post. I'm the CBo of duty Internet work and it's the layer one focusing on deep in sector. So I think that in web three space, there's no dedicated platform for the deep in and real world asset yet. Like, yeah, in especially in Asia.
Astrid's Project Overview
Like for example, in the west, we have Iotex, we have peak, right? But we are leading the biggest dependent alliance in Asia. And we just like two months launch we reached 300 alliance member already. But like, we already launched the mainnet last year and we are well backed by Kucoi Ventures, Chain Capital, IDG, blockchain, VCV Ventures and many more.
User Engagement and Initiatives
And we have more than 250,000 users on our mainnet already and right now we are running the no sale and looking forward for the TGE in November or December and from that we start to grow our TBL and we also have the grant for any Dapp to build on top of us in our subnet, VPN and Subnet game engine with 1 million us dollar grant and we host the hackathon two times per year.
Collaboration and Opportunities
Just subscribe to our channel so you can get the latest updates. And yeah, we are very welcome for both the deep in projects and non deepen projects because like we are the lay one ecosystem then we will need every kind of DF. Thank you.
Introduction of Tobo
Yeah, thank you so much for our next tobo. Would you mind going for the next. Sure. I assume you can hear me. So everyone, I'm Tobo, CMO at Coral app. We're incubated by Binance Labs and Corelap integrates blockchain technology with physical devices, focusing on web three and deep in.
Coral App Overview
We have launched our Coral phone, which is the world's first web three phone, supporting a multi chain ecosystem that's incubated by Binance Labs. Designed to facilitate easy blockchain access through hardware, the core phone is not just a communication tool, it also integrates a multi chain wallet, decentralized app store and also crypto asset management, enabling seamless web three entry.
Core App's Mission
So basically, core app aims to drive the widespread adoption of deep end technology through hardware. Thank you. Oh my God, that sounds amazing. Thank you so much. And finally, we have Noi. I am sorry if I pronounce your name not accurately, but please, no problem.
Chenoi's Introduction
Hey everyone, my name is Chenoi and I'm the CEO and co founder of Slinky Web three AI. So we are building a web three AI consumer layer that enables anyone, regardless of their technical expertise, to roll out high quality AI applications with a tokenized micro economy.
Testnet Launch Information
So our testnet is now live and the links are in the bio. So do check it out. Thank you. Okay. All right, thank you all for the awesome introductions. So without any further ado, let's kick off today's AMA.
Discussion on the Importance of Web Three
So Tech X, as you all know, is about being the bridge connecting web three and the AI. So we've been working really hard to make us the best AI and the web three social platform. So today's topic is about why we are the most awesome web three social platform.
Initiation of Discussion
And we can begin. I'm sorry. I'm only half joking. I'm sorry. So today's topic actually is about social platform in web three. And here comes the first question. So for our three speakers, could you please share the most impressive web three social product, in your opinion, who want to go first?
Speaker Contributions
Okay, you go then. Yeah. So, you know, I'd have to say farcaster personally. Right. So there's a few that I've used. The key difference between, let's set some boundaries and some definitions, the difference between Webtoon and web three social platforms is decentralization, the user data ownership and economic incentive models.
Web Two vs. Web Three Social Platforms
Right. So web two social platforms basically process user data. They own the user data. The users don't own anything, and they give full control of the data to the centralized networks like the Googles, the Facebooks, and they get to do what they want with those. In web three, we get decentralization leads to the user having control over the data as well as ownership of the data.
User Control in Web Three
And it also leads to a more free system so people can post freely. So a couple, the ones that I've used is lens protocol. Right, which is blockchain based social platform. But I've definitely used forecaster and warp caster specifically, more so far. Caster is almost like, it could be a Twitter like replacement or a Reddit replacement, depending on what type of skin you put on top of it.
Decentralization Benefits
So you can put different skins to get a different experience out of the same decentralized data. And nobody owns the data. You own your own data and, you know, incentivizes users. There's a degen token that the user get. And so it's really a great system for decentralizing the media in a way where the users own their own content and it's not owned and controlled by a third party.
Conclusion on Ownership
Yeah. Thank you. Yeah. Web three is about ownership. I totally agree with you. And I do think that's the key difference in terms of the web two under web three. So I think at this point, based on today's situation, I think web two, the app still is more, I would say mature, but I think the key difference definitely is the ownership.
Final Thoughts
And I think that's a good point. Thank you so much. I'm sorry, Shinoi. I'm sorry. I'm slinky. Thank you so much for still being here and talking to me.
Introduction to Steemit and Its Impact
Please. Yeah, please share your perspective. Yeah. So one platform that really holds a special place in my heart is steemit.com. so in case you are not familiar with Steemit, it is a social blogging platform which was launched way back in 2016. And you could earn tokens for posting blogs, and those same tokens would then grant you access to voting rights and you could vote on how the reward pool of the next day is going to be distributed to the other users. So it was actually the very first web three platform that I interacted with back in 2016, and it's what initially got me into the world of crypto and it also encouraged me to learn more about web three. So, yeah, I truly believe that social web three social platforms would be one of the best ways to onboard people into web three. And they basically make blockchain technology more accessible and engaging, in my opinion.
Evolution of Blockchain Platforms
That sounds amazing. Wow. So a product released back to 2016, that seems really kind of a head in its age, isn't it? Yeah. Yeah. It was one of the first proof of stake blockchains as well. It's still around, actually, steamit.com, but it's not so popular now because there are. More options or for your opinion, makes sense. Yeah, there are much better options now, like farcaster and lens and so on. There are several options. Yeah. Yeah. From the ecosystem perspective, it's not necessary. Bad thing. I think the more products or more options we have, I think definitely the better. To the entire industry, I would argue. And not forget character X. That's one more. Finally, I'm going to wait to all three transfer and say, oh, like, I'm curious of why no one mentioned Kartx, but.
Encouragement and Final Thoughts
Oh, I'm sorry. Yeah. All right. Thank you so much. Thank you so much. I have this strong feeling you're going to be the winner today. All right. Cool. Oh, yeah. By the way, Tolbo, you still have your chance. I know you finished your speaking, but if you want to add anything, please do so. You definitely have to still have your chance. You know, I'd have to say that character X is definitely worth checking out. It's. It's pretty innovative and I like what they're doing with things and so it's definitely worth a look and worth your time to check it out and see what's happening there. Join in the fray. Thank you so much. All right, we still have one more last speaker. Astrid, it's your turn. Please share your precious opinion.
Discussion on Web Three Social Products
Yeah. Can you repeat the question? I think. Of course. So the question is, can you please share the most impressive web three social product, in your opinion? Social product, I think that the Decentralands or like sandbox are the most like because like we used to do the metaverse, decentralized metaverse before and one of them is also like built on YouTube network which is called memetabers, the metaverse for meme coin. So we used to research a lot in that sandbox in Decentraland and the way they kind of divide the lands and also make the lands as an NFT because, you know, in the reality the land has the demand and because like people, the population keep emerging and increasing the number of people, then the land needs to be very rare and things like that.
The Concept of Land as NFT
And the method that they use to design to sell the land is as an NFT, like for the sale. It was amazing. And also like how to design the tokenomics and like the value of the tokens utility and also how people can host things in the virtual reality. It was amazing. So yeah, that was the thing that we learned a lot about so that we can design the quality app in our ecosystem. Yeah, that sounds amazing. Thank you so much for sharing. And now since we, since all speakers finished the first question, I have a little really small request that we can all turn our mic on all the time because I used to live in New York for a really long time and really chiming in other conversation really makes the whole conversation more lively.
Engagement and Interaction in Discussion
So we don't want, at least I don't want make this ama super strict and everyone just keep their mouth shut until everyone like the other finish they're speaking. So I would definitely want this to be more like mutually engaged. Okay, I see Tobel turn on his mic. Thank you so much for your support. Yeah, sounds fun. Let's do it. Yeah, let's do it. Let's do it. Let's do it. I kind of want to make this more like a podcast session instead of like anime, like super Strict Q and A. Q and A. Q and a. Like, sounds kind of boring, you know?
Challenges in Social Products
Cool. All right, so next one. So a major or in my opinion, the biggest challenge of any social product is really to transform users from mere participants to content creators who are co-creators. So from this perspective, what web three social product can do to allow users to evolve from mere participants to content creators more easily? So this question, I kind of want to go to Altrui first because das. I mean, you were the last one to speak. Astrid, you still with us or you forgot to turn your mic on? Okay. It's okay. Yeah, no, we can hear you. Yeah, sorry. Yeah. My title rock me sometimes I don't know.
Key Characteristics of Web Three Social Products
Don't worry. I think some of the web three also is very transformative. If that's a question that I heard of before. Some of the key characteristics of the web three social I think the first is the ownership monetization. Of course everyone know, but some of the features that some people just misunderstood about the web three social is like for example for the metaverse it needs to have the divergence and conversion. Like some events really happen in both sides. Then that going to be the metaverse. And then people need to own their data. Their own data. So that's going to be the metaverse. If they just gonna play video games. 3d or so like or 40 is. It doesn't call. It doesn't need to be called the metaverse.
The Role of Ownership in Social Products
So the ownership, the diversion, censorship, resistance, the resilience like and the continuousities and also the interoperability as something called the social father super social pie. Like for example you can own the NFT and you can also own the NFT and these NFT can be crossed in together. So that's called. And from the. You can also keep privacy in the over it. Sorry, head. Chris. Chris, would you mind turn off your mic? Yeah. Thank you. Sorry, I'm sorry to interrupt. Please finish. Yeah. Then these are the key characters of the social and also the super social PI projects. And I think that it should be checklist for the owner and the founder who want to be.
Product Relation to the Metaverse
Who want to be. The products are related to social fi some of the network about very kind of in the great definition of metaverse or things. But some doesn't need to be the metaverse like 3d world or something like for example the two. Or like the platform with the social function on top of it. Like for instance, mirror. Mirror is like the platform for right purpose and money management ownership. Then that's already good. So need to be divided by the metaphors.
Technical Issues and Communication
Astroid, I think the signal on your end is a little broken. I think it's turning off. Okay, so if I may. I think stew is a little broken. I think. Voice or the other content. I think now it's good. Okay, so that was ac. Sorry. No worry at all. Yeah, yeah. So I already sum it up. So like the features and also the definition and also like we should divide it into two ways, like the simple one and also the more complicated.
Censorship Resistance and Blockchain Benefits
Yeah, I agree with Astrid actually regarding the censorship. So the censorship resistance that web three can provide that. That's really an advantage and an edge that web three social can have, for example, not nobody being able to delete a post, an article or something on those lines. That's a great advantage for a lot. Of people. Especially if you are writing something against, like for example, the government, then if you post it on a platform like Twitter, it would definitely get deleted, but on a blockchain, it's going to persist.
Double-Edged Sword of Free Speech
Yeah. So I think that it definitely has its advantages, but it's also a double edged sword. So for those of us that live in maybe western nations where freedom of speech is a given right, it's a benefit, but in other countries there doesn't exist a freedom of speech and so it can become a liability where the governments of those particular governments will clamp down on those certain technologies that they cannot control and block them, which prevents the user from accessing them at all. And so, you know, it is a double edged sword and you know, the nice swings both ways.
Tokenization and Ownership
Yeah, yeah, indeed. But apart from that, I think the tokenization aspect is also very attractive. Apart from the censorship resistance, like users being able to earn tokens for creating and curating content, that's something that web two platforms aren't doing, Twitter is doing to some extent, but those tokens then giving ownership, that is something more special than just earning money. Yeah, I think so too, because it's also, like you said, ownership, it's combined with governance.
Governance and User Engagement
And so by having governance, it allows the user at least to feel like they're participating in the governments of the actual protocol itself, the ecosystem in which they're co creating through their content. And that's, I think it does a lot of things. It gives fulfillment, right. And it also provides a sense of ownership. And like, you know, as being a stakeholder now you have a deeper commitment to that particular network because you're involved in the decision making as a user, as a creator.
Desire for Decentralized Ownership
I definitely, totally agree. I think really, like when people, or when we mention about web three, I think we are talking about the decentralized ownership, privacy, permissionless or something. I think all these buzzwords, at least they sound like buzzwords, but I think to most, or if not all, you know, users of web three, I think we truly want those things. I think that's eventually what, you know, bought us here, like at the beginning.
Developer Ecosystem Participation
Yeah, I think there's also another part too. That's the developer ecosystem participation. Right? So web three social platforms, usually like, they open their APIs and development tools, which allows users to create dapps and like plugins, things like that. So developers really create new features or services and they share in the revenue. And so it kind of encourages this open network sort of thing, enriching the platform ecosystem itself, as well as encouraging active creativity.
Centralized Systems vs. Creativity
And so that's something that's really lacking from the centralized systems that want to place control over these types of networks and stifle that creativity. I do agree with you on that part, but partially because I think for any product, different people have different opinion and direction and understanding to such products. And of course if they are, if they're open source, everyone can have their own version and modify however they want.
Balance and Selection in Options
But I think as a whole product it's not necessary. Like every option is the best option. I'm not sure if I express my opinion logically or clearly. It seems not. I mean, I think, yeah, if you have every option available, then it becomes overwhelming and then it's, yes, too much. It's good to have, you know. Some selection. I think some like balance will be appreciated from the long way perspective.
Importance of Data Portability
But overall I definitely think this is a good direction the industry should be heading to. Yeah. And also the data portability, that is also something important, like me being able to carry the data from one platform to another using my wallet, I think that's also something valuable to the users. And the front ends could then give different experiences. That's not amazing.
Upcoming Innovations at Capital X
I do want to be precious of time, so we may need to move to the next, despite. I enjoy our conversation very much, but before I do, if I may just chime in a little bit. So we have been practicing our own large language model, which we are going to make it ready as soon as we can. And once we do, then our audience, our users of Capital X, can draw more premium features within our ecosystem.
Final Question on Bold Ideas
So definitely please be ready for that and we will share more information once they are available. Okay, now the s is finished, let's move on to the last question. So what are some ideas, as bold or impractical as they may be, that you think can make such a shift from happening or more easily to happen? I mean, to help people, to help users, from mere participants to contented creators or co creators in the Webster product.
Transformative Shift to Co-Creators
What you want to do? Tickets at our tickets that eat. Yeah. So the shift, I think, from followers to co creators really benefits web three social platforms themselves by enhancing user engagement as well as innovation and community activity. Right. So it's kind of like three areas that I see. There's the content and governance.
Decentralized Governance and Sense of Belonging
Right. There's a kind of like a stronger sense of belonging or community and you know, the decentralized governance, right. And so as co creators, users can directly contribute content, technology and governance proposals themselves, which increases their, like I said, their investment, their stake in that and the platform. And so they feel like an owner as a stakeholder, right.
Tokenomics and User Contribution
As well as like tokenomic, token economic models really that reward the users for their contributions, further that stake and really give this sense of like, wow, I'm really gaining from this is beneficial and I'm contributing to this thing that's, and we're growing it together, right. And this like togetherness type of thing.
Maintenance of Quality Content
So it helps to really maintain high content quality and ecosystem development when people are contributing and almost like competing for those assets right now in terms of the sense of belonging, users have a stronger sense of belonging as co creators when they're owning their own content as well as their social identity. Like, you know, like somebody said, when it's portable, I can just take it and move my data somewhere else.
Ownership and Data Portability
Right. By owning that content. Like, I feel. Tobo, we can hear you for like 3 seconds. I don't think we can hear you still. I think it's ac. I think so. Yeah. He hasn't muted, so I assume he could be back anytime. Yeah. But would you mind taking the turn?
Converting Followers to Co-Creators
Yeah, yeah, definitely. So regarding converting users from followers to just become co creators. So I believe with the tokens this can happen. Users feel like they are actually owning the platform and having some impact on the platform. For example, with the steam ecosystem that I mentioned. So there was a reward pool every day which needs to be distributed to the users.
Reward Pool Mechanics
So this is, this reward pool is coming from the inflation of the token supply and that needs to be distributed to various content creators. And your tokens, the tokens that you hold will decide who should that inflation be distributed to. And that means users are on a daily basis actually participating in the Dao governance.
Engagement and Governance
So Dow governance need not be like something like nowadays, if you see not many people are engaging in Dao governance because it's not very seamless. But when integrated like this, where just liking somebody's post is going to distribute the rewards and going to be the decision maker for distribution of the reward pool, then it becomes more engaging and that will also make people, or encourage people to hold the tokens rather than just selling it because there is something in it for them to keep on holding it.
Benefits of Tokenizing Web3
And that's also very important. So I believe this is beneficial for web three social platforms tokenizing and making people, or making users the owners and co creators. Oh, thank you very much, asteroid. It's your turn.
Introduction to the Question
And I, there were a lot of conversations, so let me repeat the question for your reference. So do you think the shift from followers to co creators benefit web three social platforms? And if so, how? Also, what are some bold ideas you think can make such a shift from happening? So here we go.
Monetization and User Incentives
Yeah, I think we should just like target on what people need. People need money, people need fame, people need to be recognized, things like that. So like, the first thing is monetization. Of course we need to have the system of incentive for users, but how to make the incentives transparent and fair to user? We need to have the review and ranking system. If the content just like meaningless content and then there is a lot of bots onto that and there's a lot of kind of like bias opinions to uphold that, then that's not going to be transparent. So both monetization incentive and the review ranking. Transparent reviews ranking is a key. For the first thing, people need to have the monetization opportunities.
Freedom of Speech
The second thing that's the freedom of speech, I would say is the right for people. And also the power also demand, the demand for people to speak their voice. Like to raise, like for some of the centralized platform, like I have friends all over the world, some use WeChat and they say, hey, don't talk that on WeChat. We need to switch to telegram or something. And some people talk something about the government. On Facebook, they also told me, hey, let's switch to telegram. And they set the telegram for like one month's disruption and one month, like disappearing message in things like that. So like we, and even Twitter when it was handled by the old owner, not Alan Mersta, things like that. A lot of the centralized power for these centralized platforms. So yeah, the freedom of speech, that would say a lot about some conspiracy theory.
The Importance of Recognition
The third things that we need to change is like be recognition and also give people a chance to be on stage. Like for example, there are two personalities, the introvert one and the extrovert one. The extrovert one are very talkative and sometimes annoying. But like sometimes the introvert has a very deep thoughts. They need to have the safe platform so that they can also convey their voice and transfer the message. And also some of those methods would be very worthwhile. For example, being the moderator, being the group member, being the content creator. And we need to advocate that content is just not writing. Content can be many different forms. Like video is also the content, infographic is also content, typography is also content.
Diverse Forms of Content Creation
Whatever the people like. For example, the designer don't want to talk a lot, then they don't want to write. They can distribute by image. And some writer don't want to be the speakers, they don't want to show their face and they can distribute their contribution on writing, on papers. And some music producers just use music to convey their emotion and also their message in a very creative way. So we need to advocate the many types of content creations. And also on top of that, we can always monetize the content through the direct sales or subscriptions or tips, or enhance the incentive to create the high quality content. And with a review ranking system, and also with a system of incentive, then it's going to be very worth it.
Community and Governance in Web Three
It can create not just the platform but also the web three social system for any kind of people involved. Yes, that's my thought. Yeah. Thank you so much. That's great. Tobo, I noticed. Grab your back. I think I rugged. Yeah, sorry about that. I'm in a country right now where there's a lot of censorship and able to access things like x. I have to use VPN's and sometimes different VPN's stop working. I have to switch VPN's to get into different VPN's to continue access spaces with free speech.
Access to Free Speech
So that is a very big point that having access to a place where people can speak freely allows the free flow of ideas and allows people to really explore ideas and to debate with each other, hopefully in a friendly way and be aware where they learn from each other. Right. But you know, and also means I love memes. Like, let's go images, like communicating with images. Let's, let's do that. Right? But looking at the shift, right. I'm not sure where I got rugged. But you know, there's basically like three areas that, you know, there's the content, the sense of belonging, and then the decentralized governments.
Benefits of Co-Creation
And these three things kind of really push the shift from co creators, from followers to co creators and benefit the social platforms that allow this shift. Right. So as co creators usually directly contribute the content, right, the technology, the government's increasing their investment in the platform's growth. And also the Toko, like having token rewards really helps. That drives content, that drives ownership, it drives happiness and joy from the people that are getting these token drops. And so that also furthers loyalty to the platform as well as further incentivizes people to put forth quality product, right, quality content.
User Engagement and Community Building
And especially with that voting and ranking system in place that rewards quality content. And looking at like the sense of belonging, when people have this sense of reward and ownership, it really creates this sense of community. And people are stickier, right, the users are stickier, they're using it more, you make more friends in the area, you see the same people over and over. It really creates this, you know, community as well as having your, owning your own social identity, it allows one to really let go and to put in the content without having to worry that the social platform itself is going to, a, disappear or b, take your content and do something with it, right, delete it or censor it or whatever it may be, right.
The Role of Governance
And you know, worst case scenario, you can pick up your tent and move over to this other platform, right, and take all your content with you because that belongs to you, it doesn't belong to the platform. And then, you know, lastly, the governance, right, having a say in the governance really creates a sense of community, but also allows, it's kind of like a bottom up decision making that really enhances the community cohesion as well as platform adaptability to the user needs because the users can put forth proposals and vote on it. And if it's something that's going to benefit most of the users, they're going to vote on that.
Agility of Decentralized Platforms
And so it allows these platforms to be agile and shifting and accommodating the user needs in a way that a centralized platform can. And so, you know, these are some of the ways that I see that the shift from that web three platforms benefit from, you know, users to like co creators, right. That really benefits the platforms themselves. Yeah, great point. We really good to have you back so you can finish and share all your opinions, which are super crispy. So thank you so much.
Conclusion and Final Remarks
Thank you for having me. This is fun. Of course, I bet so. All right, all right. I cannot believe it is near the end. As mentioned multiple times already, I enjoyed today's session very much. I definitely learned tremendous from all your speeching and vision. But before we wrap up, I still want to encourage our audience to invite your friends to join our ongoing season two. So with your support, with your journey, we can get where we want faster and easier. So I'm fully aware that today's Friday and I think it's Friday PM for most of us.
Time Zones and Scheduling
For Toba, I think. Still relevant already for you, maybe. Well, actually, where I'm at, it's Friday night, pretty late. all right then. Yeah, so I cannot, I personally cannot think of anything more evil than stealing people's time on Friday night. So, yeah, that's definitely something I do not want to do. So, yeah, let's just finish up here and thank you so much. Thank you, the speakers and audience for being here, for being with us, and I look forward to see you all.
Acknowledgment and Goodbye
So thanks, Australia as Tobo and now Chenoi. Yeah. Thank you. Thank you, everyone. Thank you, Tobo. Thank you. Thanks. Cheers. I appreciate. Gentlemen, bye. Have a nice Friday night. Yep. Take care, all.
