Blockchain Basics: Crypto, NFTs & Web3 Explained

#17 - The Rise of Decentralized Social Media: Can Web3 Change Everything?


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In this episode, we explore the rapid rise of decentralized social media (DeSoc) and the key technologies behind Web3 and Web5. Platforms like Lens Protocol, Mastodon, Bluesky, and Subsocial aim to disrupt traditional, centralized social networks like Facebook, Twitter (X), and TikTok, offering users true data ownership, privacy, and monetization opportunities through blockchain technology. We’ll discuss the challenges of scalability, user adoption, content moderation, and how emerging concepts like NFTs, SocialFi, and smart contracts are shaping the future of online interaction. Plus, we’ll dive into Mark Cuban’s new project, exploring his ambitions to create a decentralized alternative to TikTok using the AT Protocol.
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Blockchain Basics: Crypto, NFTs & Web3 ExplainedBy ELMA