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166 - Leaving Web2 with Sriram Krishnan

Bankless

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Decentralization and Digital Identity in Social Media

This chapter explores server ownership within the Mastodon framework and contrasts it with the Forecaster platform, highlighting the sovereignty of usernames as NFTs. It delves into the challenges Web3 social media platforms face in building network effects, while examining innovative protocols like Farcaster and Lens. The conversation reflects on the impact of emerging technologies on user engagement and the importance of integrating decentralized elements into mainstream platforms.

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