Pay for Chat: Socrates Launches Web3 Social Network
1Web3 Unleashed: Earning from Social Debates, Asia-Pacific's Web3 Gaming Dominance, and the Patent Clash
Socrates: Social Media that Pays for Conversations
For more information go to https://metanews.com/new-web3-social-media-network-on-ethereum-promises-to-pay-users-for-chatting/
Socrates, the Web3 social media and entertainment platform, has launched across various blockchains, including Polygon, Ethereum, BNB Smart Chain, and Optimism. This decentralized social network promises users rewards for engaging in interactions and debates. After months of testing, the platform integrates social finance and game finance, aiming to incentivize users for contributing to discussions. With thousands signed up and over 5,000 downloads on Google Playstore, Socrates envisions a space where users are paid for asking and answering questions, engaging in debates, and sharing knowledge. This platform introduces a new dimension to social media by compensating users for their active participation.
Asia-Pacific Leading the Web3 Game Development
For more information go to https://metanews.com/asia-pacific-ahead-in-web3-game-development-as-ustops-funding-in-2023/
Game7's State of Web3 Gaming 2023 report dives into the dynamics of blockchain-based gaming, highlighting Asia-Pacific's dominance in game development. With 40% of the global developer pool, countries like South Korea, Singapore, Vietnam, and Australia are at the forefront. South Korea, contributing 27%, stands out in this surge. Simultaneously, the U.S. maintains a powerful presence, contributing to 30% of new Web3 gaming teams and serving as the most significant developer market. Despite a slowdown in 2022, Web3 gaming has exhibited resilience, attracting $19 billion in funding since 2018, with $1.5 billion in 2023 alone. The report underscores the pivotal role of both Asia-Pacific and the U.S. in shaping the narrative of global Web3 gaming.
ENS vs. Unstoppable Domains: Web3 Naming Patent Clash
For more information go to https://metanews.com/ethereum-name-service-dev-blasts-unstoppable-domainsweb3-naming-patent-ambush/
Nick Johnson, from the Ethereum Name Service (ENS), criticizes Unstoppable Domains (UD) for their patenting approach in the web3 naming sector. This conflict highlights a clash of ideals, with Johnson asserting that UD's strategy undermines the commitment to open innovation in the Web3 community. The dispute brings attention to the delicate balance between innovation and proprietary rights in the rapidly evolving digital landscape. ENS advocates for open-source licensing, making their work freely available, while UD secures patents, challenging the spirit of open innovation. The ongoing clash raises essential questions about the future of intellectual property in the Web3 ecosystem.