social media | ForkLog

ForkLog 16 19.06.2024

Former Snapchat Developer Launches AI Social Network Butterflies

Former Snapchat developer Vu Tran has launched Butterflies, a social network designed for human interaction with artificial intelligence, as reported by TechCrunch. The social network was in beta testing for five months and became publicly available on iOS and Android on June 18. At launch, the app is free, though a subscription model is being […]

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ForkLog 45 22.05.2024

UXLINK Secures $5 Million from SevenX Ventures, INCE Capital, and HashKey Capital

The social Web3 platform UXLINK has raised $5 million from SevenX Ventures, INCE Capital, HashKey Capital, and other investors, according to a press release. In March, the project secured $9 million from OKX Ventures, Manifold, Web3Port, UOB Ventures, Comma3, Cypher Capital, Kucoin Labs, Gate Labs, Forgame (0484.HK), ECV, and 7UPDAO. “With the latest funding round, […]

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ForkLog 41 22.05.2024

Vitalik Buterin Proposes Zero-Knowledge Likes

Ethereum co-founder Vitalik Buterin has endorsed developer X Wang Haofei’s idea of confidential likes and suggested implementing the initiative on the social network Farcaster. Source: Warpcast. He expanded on this proposal by suggesting the use of zero-knowledge (ZK) proofs to combat “preference falsification.” “Preference falsification is a big problem in society, and we need to […]

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ForkLog 25 22.05.2024

Blockchain Social Network Farcaster Secures $150 Million

The blockchain-based social network project Farcaster has secured $150 million in funding, led by Paradigm. Excited to share the news about our recent fundraise! pic.twitter.com/KJxuPJrtqg — Dan Romero (@dwr) May 21, 2024 The funding round included participation from Andreessen Horowitz (a16z), Haun, USV, Variant, Standard Crypto, and several other firms. Farcaster co-founder Dan Romero stated […]

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ForkLog 12 16.05.2024

Study Reveals Crypto Influencers’ Recommendations Lead to Losses

The average cumulative return on positions opened based on crypto influencers’ signals on X was -2.24% after 10 days and -6.53% after 30 days, according to researchers from three universities. The return on investments on the first and second days following recommendations was 1.83% and 1.57%, respectively, with small-cap tokens seeing a 3.86% increase after […]

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ForkLog 10 08.04.2024

Decentralised society and its enemies: Can DeSoc replace X, Facebook and YouTube

In May 2022 a paper, “Decentralised Society: Finding Web3’s Soul”, by Vitalik Buterin, Glen Weyl and Puja Ohlhaver set out the idea of soulbound tokens (SBTs) and called for the creation of a decentralised society (Decentralised Society). The term is widely thought to have entered public discourse then. As the crypto community embraced the idea, […]

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ForkLog 28 23.02.2024

Farcaster Integrates Solana Address Verification

The decentralized social platform Farcaster has integrated support for Solana, enabling users to verify addresses on the blockchain. You can now verify Solana addresses on Farcaster! Verifications are part of the protocol, i.e. decentralized, and are permissionlessly available on Hubs. pic.twitter.com/GMgj8SZxHK — Dan Romero (@dwr) February 23, 2024 “Verifications are part of the protocol, meaning […]

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ForkLog 13 07.02.2024

Bluesky Opens to the Public: Inside Jack Dorsey’s Decentralized Social Network

On February 6th, Bluesky, a decentralized alternative to the social network X, backed by Twitter co-founder and former CEO Jack Dorsey, opened to the public following a beta test involving over 3 million users. You can now sign up for Bluesky without an invite! ?https://t.co/rUyMjYVEkt pic.twitter.com/PaT4Z6hJnu — bluesky (@bluesky) February 6, 2024 “When you enter […]

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ForkLog 27 06.02.2024

Farcaster’s User Base Expands Ninefold Following Frames Launch

From January 25, the day before the launch of Frames functionality, to February 3, the number of daily active users of the social protocol Farcaster on OP Mainnet increased 9.3 times — from 2,700 to 25,000 (ATH). This was reported by The Block. The number of content creators in social applications based on the protocol […]

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ForkLog 7 21.10.2023

Elon Musk unveils two new tiers of X Premium subscriptions

The social network X will launch two new tiers of X Premium subscriptions, according to Elon Musk.

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ForkLog 30 19.10.2023

How Web3 social networks work

Which Web3 social networks already exist and how they address the challenges of decentralisation.

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ForkLog 37 15.10.2023

What is Friend.Tech for?

How Friend.Tech works and what helped it come back from ‘clinical death’.

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