Bridging Web2 and Web3: Suji Yan on Mask Network's Vision
Jun 24, 2024
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Suji Yan, founder of Mask Network, discusses bridging Web2 and Web3 for social media privacy. They delve into SocialFi, decentralized social media, content creation, adoption challenges, and the importance of data ownership in a decentralized space.
Mask Network aims to bridge Web2 and Web3 social platforms promoting anonymity and encryption for users.
Users on Mask Network can maintain data ownership and privacy by posting content across various platforms simultaneously.
SocialFi platforms need better global integration and localization to cater effectively to diverse audiences.
Deep dives
Mask Network Founding Story and Early Crypto Involvement
Mask Network founder, Suji Yan, tells the story of how the platform started as a decentralized social networking project in 2017. The idea stemmed from Suji's interest in decentralized web technologies and cryptography, which he explored during his college years. Starting with a focus on Facebook and Twitter, the platform later expanded to support various social networks, emphasizing anonymity and encryption.
Mask Network's Unique Approach to Decentralized Social Networking
Mask Network prioritizes free speech and data ownership, aiming to bridge Web2 and Web3 social platforms. By offering a browser extension that synchronizes content across different platforms, Mask Network allows users to maintain their online presence while embracing decentralized principles. The platform's emphasis on blending traditional and decentralized networks sets it apart in the social fi space.
The Benefits of Decentralized Social Networking with Mask Network
Mask Network enables users to retain ownership and control over their online content and interactions. By leveraging decentralized technologies, users can post content simultaneously on various platforms, ensuring data ownership and privacy. The platform's emphasis on user-centric control aligns with the broader decentralization movement in social media.
Challenges and Opportunities for Globalization in Social Fi
While current social fi platforms provide unique solutions, there is a need for better global integration and localization. The lack of multilingual support and localized versions limits the global reach of these platforms. To cater to diverse audiences effectively, social fi apps must prioritize localization efforts and address region-specific requirements.
Future Vision and Potential of Decentralized Social Fi
Looking ahead, the vision for social fi involves seamless integration and harmonization across platforms and protocols. The goal is to create a unified social experience that transcends geographical boundaries and language barriers. By focusing on user-centric design and decentralized principles, the future of social fi holds the potential for a truly global and interconnected social landscape.
Suji Yan is the founder of Mask Network, a platform that brings privacy and benefits from Web3 to traditional social media like Facebook & Twitter. Suji Yan launched Mask to provide users with tools to encrypt their social media interactions and protect their online privacy. His goal is to create an internet where individuals have more control over their digital presence. In our conversation, we get into the current SocialFi landscape, its limitations, and the importance of decentralized social media for everyday users.
0:00 Intro
0:40 Mask Network
9:30 Web2 + Web3 Social Media
22:05 Content Creation
36:11 Adoption
45:15 Problems With SocialFi
54:07 Why Should We Care?
57:23 Current SocialFi Landscape
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