Ex-BitTorrent CTO on Decentralized Social Networks: Overlooked or Overhyped? - Ryan Li, CyberConnect, Ep. 240

Despite complaints about privacy and exploitative revenue sharing, social media giants like Instagram, Facebook, and Twitter still dominate the social media landscape after more than a decade   Why aren’t users and creators exploring other platforms? Well, they simply can’t since these giants own their data and audiences, and moving means losing all the progress they’ve built   In this Blockcrunch episode, Ryan Li, Co-Founder of CyberConnect, a decentralized social graph protocol trying to revolutionize the relationship between social media platforms and users, shares with us Why Web 3 social graphs are necessary Why you should switch over to Web 3 platforms The future of social media Host: Jason Choi @mrjasonchoi . Not financial advice.     Timestamps: (00:00:00) – Introduction to CyberConnect (00:03:48) – History of CyberConnect (00:10:03) – Problems with Web 2 social platforms (00:13:28) – What is a social graph (00:16:00) – Incentives for building on CyberConnect (00:19:47) – Better monetization for creators (00:25:30) – Ownership and composability of data (00:31:57) – Why not social tokens (00:34:53) – Web 3 social graph landscape (00:42:13) – Are social graphs competitive or complementary (00:43:33) – CyberConnect’s monetization model (00:46:18) – Convincing users to switch over from Web 2     Sponsor message: Filecoin is enabling open services for data, built on top of IPFS.   Today, Filecoin focuses primarily on storage as an open service, but looks to build the infrastructure to store, distribute and transform data.   Join the Space Warp program (Live until March 2023) to be among the first to build on the Filecoin Virtual Machine (FVM) https://spacewarp.fvm.dev/     More Resources: Guest Ryan Li’s Twitter: https://twitter.com/ryanli_me CyberConnect’s Twitter: https://twitter.com/cyberconnecthq Link3’s Twitter: https://twitter.com/link3to   Blockcrunch Blockcrunch VIP: https://blockcrunch.substack.com/ Blockcrunch Twitter: https://twitter.com/theBlockcrunch Jason Choi’s Twitter: https://twitter.com/mrjasonchoi     Disclaimer: The Blockcrunch Podcast (“Blockcrunch”) is an educational resource intended for informational purposes only. Blockcrunch produces a weekly podcast and newsletter that routinely covers projects in Web 3 and may discuss assets that the host or its guests have financial exposure to. Views held by Blockcrunch’s guests are their own. None of Blockcrunch, its registered entity or any of its affiliated personnel are licensed to provide any type of financial advice, and nothing on Blockcrunch’s podcast, newsletter, website and social media should be construed as financial advice. Blockcrunch also receives compensation from its sponsor; sponsorship messages do not constitute financial advice or endorsement.   Full disclaimer: https://blockcrunch.substack.com/about