The Blockchain Socialist
The Future of Social Media with Suji Yan (Mask Network)
Aug 19, 2024
In this conversation, Suji Yan, the CEO and founder of Mask Network, shares his fascinating journey from journalism to the world of decentralized social media. He discusses the innovative use of an open-sourced browser extension that merges traditional and blockchain-based platforms. Topics include the non-financial applications of crypto, the importance of interoperability in social networks, and strategies for balancing nonprofit and for-profit initiatives in the blockchain ecosystem. Yan also highlights how decentralized tech empowers activism, especially in oppressive environments.
01:06:18
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Quick takeaways
- Mask Network integrates Web3 features with existing Web2 platforms, enabling users to access blockchain applications without losing their social identities.
- The importance of developing censorship-resistant social networks is emphasized to foster independent online communities and empower younger generations.
Deep dives
Underrated Social Impact of Cryptocurrency
The non-financial use case of cryptocurrency is often overlooked, particularly regarding its potential for social impact and innovative social networking. Many individuals are hesitant to adopt new platforms because they do not want to abandon existing relationships on Web2 platforms. The importance of developing censorship-resistant social networks is emphasized, pointing to the need for projects that can foster independent online communities. By investing systematically in emerging initiatives, the industry can empower younger generations to bridge the gap between traditional social networks and decentralized alternatives.
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