#decentralized protocols
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essential-randomness · 1 year ago
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Enter the FujoVerse™
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Starting 2024's content creation journey with a bang, it's time to outline the principles behind the FujoVerse™: an ambitious (but realistic) plan to turn the web back into a place of fun, joy, and connection, where people build and nurture their own communities and software. (You can also read the article on my blog)
The Journey
As those who follow my journey with @bobaboard or read my quarterly newsletter (linked in the article) know, the used-to-be-called BobaVerse™ is a collection of projects I've been working on since 2020 while pondering an important question: how do we "fix" the modern social web?
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Obviously the joyless landscape that is the web of today is not something a single person can fix. Still, I loved and owed the internet too much to see it wither.
After countless hours of work, I found 3 pillars to work on: community, software ownership and technical education.
Jump in after the cut to learn more about how it all comes together!
Community
Community is where I started from, with good reason! While social networks might trick us into thinking of them as communities, they lack the characteristics that researchers identify as the necessary base for "true community": group identity, shared norms, and mutual concern.
Today, I'm even more convinced community is a fundamental piece of reclaiming the web as a place of joy. It's alienating, disempowering, and incredibly lonely to be surrounded by countless people without feeling true connection with most of them (or worse, feeling real danger).
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Software Ownership and Collaboration
As I worked with niche communities "software ownership" also became increasingly important to me: if we cannot expect mainstream tech companies to cater to communities at the margins, it follows that these communities must be able to build and shape their own software themselves.
Plenty of people have already discussed how this challenge goes beyond the tech. Among many, "collaboration" is another sticking point for me: effective collaboration requires trust and psychological safety, both of which are in short supply these days (community helps here too, but it's still hard).
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Education (Technical and Beyond)
As I worked more and more with volunteers and other collaborators, however, another important piece of the puzzle showed itself: the dire state of educational material for non-professional web developers. How can people change the web if they cannot learn how to *build* the web?
(And yes, learning HTML and CSS is absolutely important and REAL web development. But to collaborate on modern software you need so much more. Even further, people *yearn* for more, and struggle to find it. They want that power, and we should give it to them.)
Once again, technical aspects aren't the only ones that matter. Any large-scale effort needs many skills that society doesn't equip us with. If we want to change how the web looks, we must teach, teach, TEACH! If you've seen me put so much effort into streaming, this is why :)
And obviously, while I don't go into them in this article, open source software and decentralized protocols are core to "this whole thing".
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The Future
All of this said, while I've been working on this for a few years, I've struggled to find the support I need to continue this work. To this end, this year I'm doing something I'm not used to: producing content, gaining visibility, and putting my work in front of the eyes of people that want to fight for the future of the web.
This has been a hard choice: producing content is hard and takes energy and focus away from all I've been doing. Still, I'm committed to doing what it takes, and (luckily) content and teaching go hand in hand. But the more each single person helps, the less I need to push for wide reach.
If you want to help (and read the behind the scenes of all I've been working on before everyone else), you can subscribe to my Patreon or to my self-hosted attempt at an alternative.
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I deeply believe that in the long term all that we're building will result in self-sustaining projects that will carry this mission forward. After all, I'm building them together with people who understand the needs of the web in a way that no mainstream company can replicate.
Until we get there, every little bit of help (be it monetary support, boosting posts, pitching us to your friends, or kind words of encouragement and support) truly matters.
In exchange, I look forward to sharing more of the knowledge and insights I've accrued with you all :)
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And once again, to read or share this post from the original blog, you can find it here.
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buzz-minds · 9 months ago
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The Promising Future of DeFi Yields: Surpassing Traditional US Money Funds
In recent years, the Decentralized Finance (DeFi) sector has witnessed exponential growth. As a result, experts predict that DeFi yields could surpass traditional US money funds. These projections come at a time when the Federal Reserve is expected to cut interest rates, which could significantly boost the DeFi market. This article delves into the reasons behind these projections, providing key…
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Title: Understanding ActivityPub
ActivityPub is an open, decentralized protocol designed to facilitate social networking across diverse platforms. Developed by the World Wide Web Consortium (W3C) and published as a recommendation in January 2018, it aims to empower users with more control over their data and online presence. ActivityPub serves as a bridge that connects different platforms into a cohesive ecosystem, often referred to as the Fediverse (short for "federated universe").
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ghostlyanongirl · 3 hours ago
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one of the things that sucks about cryptocurrency is that the idea of a completely decentralized currency that has the same benefits of cash (cant be tracked etc) sounds great for the internet. it gives freedom to content creators to produce content that might be considered immoral by companies like Visa and Mastercard (think porn bans, buying HRT)
instead cryptocurrency is just a bs “investment” scheme that takes substantial amounts of energy for no reason other than for the rich to extract more wealth out of people who think they can get rich from buying fake internet money
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coinflexify · 1 month ago
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rich4a1 · 2 months ago
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DAO-Based Music Communities: The Future of Fan Engagement
Making a Scene Presents DAO-Based Music Communities: The Future of Fan Engagement How Decentralized Autonomous Organizations (DAOs) empower musicians and fans to work together, vote on decisions, and share profits within a community-driven music ecosystem The traditional music industry has always thrived on control—labels control releases, platforms control algorithms, and a handful of middlemen…
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rjohnson49la · 5 months ago
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ActivityPub is an open, decentralized protocol designed to facilitate social networking across diverse platforms. Developed by the World Wide Web Consortium (W3C) and published as a recommendation in January 2018, it aims to empower users with more control over their data and online presence. ActivityPub serves as a bridge that connects different platforms into a cohesive ecosystem, often referred to as the Fediverse (short for "federated universe").
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jointhefediverse · 7 months ago
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NOSTR Snapback Hat @ 21rebel
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vighneshwer · 9 months ago
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Empowering Lives with HRRKOIN’s Job Mining Protocol: Fostering Social Impact
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projectchampionz · 10 months ago
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Explore These Exciting DSU Micro Project Ideas
Explore These Exciting DSU Micro Project Ideas Are you a student looking for an interesting micro project to work on? Developing small, self-contained projects is a great way to build your skills and showcase your abilities. At the Distributed Systems University (DSU), we offer a wide range of micro project topics that cover a variety of domains. In this blog post, we’ll explore some exciting DSU…
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defidevelopmenttips · 1 year ago
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DeFi and Crypto Bridges: An Interconnected Web of Blockchain Networks In the ever-evolving world of Decentralized Finance (DeFi), the seamless transfer of assets and data across various blockchain networks has become increasingly critical. This is where crypto bridges come into play. Crypto bridges are essential components in the DeFi ecosystem, enabling interoperability between different blockchain networks.
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How Flipboard and Threads are Using ActivityPub to Shape the Fediverse C...
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cipherhut-blog · 1 year ago
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Real-World Asset Protocols: Unlocking Trillions in Decentralized Finance
Greetings, esteemed readers,
Welcome to the latest installment of Chain Reaction, your trusted source for breaking blockchain news and insightful analysis. In today’s edition, we delve into the remarkable surge of Real-World Asset (RWA) protocols within the decentralized finance (DeFi) sphere, marking a monumental achievement as they approach a staggering total value locked (TVL) of $8 billion, as reported by Messari.
The remarkable ascent of RWA protocols underscores a pivotal shift in the investment landscape, with discerning investors seeking refuge in alternative assets amidst the tempestuous tides of traditional financial markets. DeFi emerges as a beacon of stability and innovation, providing a sanctuary for those looking to diversify their portfolios and navigate the stormy seas of volatility. RWA protocols, in particular, offer a compelling proposition, marrying the tangibility of real-world assets with the transformative potential of blockchain technology.
The Rise of RWA Protocols
At the heart of this burgeoning trend lies the meteoric rise of stablecoins, digital currencies tethered to fiat counterparts like the US dollar. These stalwart tokens serve as pillars of stability within the tumultuous crypto realm, fostering trust and facilitating seamless transactions. As the backbone of RWA protocols, stablecoins empower investors to partake in a myriad of opportunities, from fractional ownership of real estate to tokenized art collections, all with the added benefits of blockchain’s immutable ledger and programmable governance.
Yet, amidst the euphoria of this monumental achievement, it is imperative to acknowledge the hurdles and obstacles that lie ahead on the path to widespread adoption.
Navigating Regulatory Uncertainty
The intersection of traditional finance and decentralized systems presents a labyrinth of legal and regulatory challenges, with each jurisdiction wielding its own set of rules and regulations. Tokenization of real-world assets raises complex questions surrounding ownership rights, custody arrangements, and investor protection, necessitating a delicate balance between innovation and compliance. Regulatory clarity is paramount, providing the necessary framework for RWA protocols to thrive while safeguarding the interests of investors and stakeholders alike.
The Promise of Trillions Unlocked
Looking beyond the challenges that lie ahead, the future of RWA protocols shines bright with promise and potential. As these protocols continue to evolve and mature, they hold the key to unlocking trillions of dollars worth of real-world assets, democratizing access to investment opportunities, and reshaping the global financial landscape. The marriage of traditional assets with blockchain technology heralds a new era of inclusivity, transparency, and efficiency, empowering individuals from all walks of life to participate in the wealth creation process.
In Conclusion
In conclusion, the remarkable ascent of RWA protocols marks a watershed moment in the evolution of decentralized finance. By harnessing the power of blockchain technology, these protocols offer investors unparalleled access to a diverse array of investment opportunities, all while upholding the principles of transparency, inclusivity, and security. As we navigate the uncharted waters of the DeFi ecosystem, let us forge ahead with unwavering determination, driven by the belief that together, we can redefine the future of finance.
Stay tuned for more groundbreaking updates in the forthcoming edition of Chain Reaction on our LinkedIn.
Read the full article here.
Until Next Time,
Team Seracle
Connect with us on Telegram:https://t.me/seracle Follow us on Twitter: https://twitter.com/seracleofficial Join the conversation on Discord: https://discord.gg/YKN658et
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daifatty · 1 year ago
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What is Bitcoin Savings?
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rich4a1 · 7 months ago
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Why Musicians Should Move from Twitter to a Decentralized Social Media Network "Bluesky"
Why Musicians Should Move from Twitter to The Decentralized Social Media Network “Bluesky“ In the ever-evolving landscape of social media, musicians are constantly searching for new ways to connect with fans, build their brand, and promote their music. For years, Twitter has been a go-to platform for artists, offering real-time engagement with audiences, instant updates, and a space for creative…
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bettreworld · 1 year ago
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Sander Gansen building Supplain protocol & World of Freight NFT ecosystem
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